SMA
SmartStop Self Storage REIT, Inc.
About: Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments namely, self-storage operations which generates key revenue, and managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
Employees: 560
–
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
2%
upside
Avg. target
$38
8%
upside
High target
$40
14%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Stifel Simon Yarmak 31% 1-year accuracy 13 / 42 met price target | 14%upside $40 | Buy Initiated | 28 Apr 2025 |
Wells Fargo Eric Luebchow 39% 1-year accuracy 18 / 46 met price target | 8%upside $38 | Overweight Initiated | 28 Apr 2025 |
Truist Securities Ki Bin Kim 43% 1-year accuracy 12 / 28 met price target | 8%upside $38 | Buy Initiated | 28 Apr 2025 |
Baird Wesley Golladay 14% 1-year accuracy 1 / 7 met price target | 8%upside $38 | Outperform Initiated | 28 Apr 2025 |
Keybanc Todd Thomas 46% 1-year accuracy 6 / 13 met price target | 8%upside $38 | Overweight Initiated | 28 Apr 2025 |
Financial journalist opinion
Based on 10 articles about SMA published over the past 30 days
Neutral
Business Wire
5 days ago
SmartStop Self Storage Expands Digital Capabilities With Mobile App Rollout Across All Locations
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, is pleased to announce that its SmartStop Self Storage Mobile App is officially available at all 220 locations across the United States and Canada. After a successful phased rollout, the SmartStop Self Storage mobile app is now accessible to all SmartStop.
Neutral
Seeking Alpha
1 week ago
Newly Listed SmartStop Self Storage Worth A Look, But Maybe Hold Off Buying
The stock went public on the NYSE earlier in April, seeing an immediate jump, and then leveled off. The current dividend is $1.60 annualized, paid monthly during a 6-month lockup, potentially shifting to quarterly. Anticipated quarterly dividend is $.40, yielding 4.85%, which is decent but not outstanding.
Neutral
Business Wire
1 week ago
SmartStop Self Storage REIT, Inc. to Attend BMO North American Real Estate Conference
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, today announced that members of its management team will attend the BMO North American Real Estate Conference, taking place on May 13 and 14, 2025, in New York City. The annual conference, hosted by BMO, brings together leading real estate executives, inst.
Neutral
Business Wire
1 week ago
SmartStop Self Storage REIT Announces Its Flip to Fully Unsecured on Its Senior Credit Facility and Private Placement Notes
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT Announces Its Flip to Fully Unsecured on Its Senior Credit Facility and Private Placement Notes.
Neutral
Business Wire
2 weeks ago
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in the Greater Toronto Area of Ontario, Canada
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA) , in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of a new Class A self-storage facility in Toronto, Ontario, Canada. Strategically located at 494 Gilbert Avenue, the six-story facility features approximately 120,000 net rentable.
Neutral
Business Wire
2 weeks ago
SmartStop Self Storage REIT Announces the Date of Its First Quarter 2025 Earnings Release, Conference Call and Webcast
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today that it will release its financial results for the first quarter ended March 31, 2025, after market close on Wednesday, May 7, 2025. Management will host a conference call and webcast to discuss the results on Thursday, May 8, 2025, at 1:00.
Neutral
Business Wire
2 weeks ago
SmartStop Self Storage REIT, Inc. Opens 40th Canadian Location With Self-Storage Facility in Kelowna, British Columbia
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, is pleased to announce the acquisition of its 40th Canadian location with a state-of-the-art facility in Kelowna, British Columbia. Located at 948 Ellis Street, the facility is a five-story Class A modern development featuring approximately 74,000 net rent.
Neutral
Business Wire
3 weeks ago
SmartStop Self Storage REIT Announces Closing of Underwritten Public Offering and Full-Exercise of Over-Allotment Option
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, announced the closing of its underwritten public offering of 31,050,000 shares of its common stock, including 4,050,000 shares of its common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares to cover o.
Neutral
Seeking Alpha
3 weeks ago
U.S. IPO Weekly Recap: Self Storage REIT Leads A 5 IPO Week As Tariff News Rocks Markets
Five companies eligible for inclusion in our IPO stats went public this week, joined by four SPACs and a nano-cap. Stablecoin issuer Circle Internet Group filed for an IPO that we estimate could raise $750 million. Two small IPOs are tentatively scheduled to list in the week ahead, although some small deals may move around the calendar at the last minute.
Neutral
Business Wire
4 weeks ago
SmartStop Self Storage REIT Announces Pricing of Underwritten Public Offering
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, announced today the pricing of its public offering of 27,000,000 shares of common stock at a price to the public of $30.00 per share. SmartStop has granted the underwriters a 30-day option to purchase up to an additional 4,050,000 shares of its commo.
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