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 7,302 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
1%
downside
Avg. target
$39
9%
upside
High target
$44
21%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Jonathan Hughes | 21%upside $44 | Strong Buy Upgraded | 18 Jun 2025 |
Keybanc Todd Thomas | 10%upside $40 | Overweight Maintained | 16 Jun 2025 |
Baird Wesley Golladay | 10%upside $40 | Outperform Maintained | 15 May 2025 |
Stifel Simon Yarmak | 10%upside $40 | Buy Initiated | 28 Apr 2025 |
Wells Fargo Eric Luebchow | 5%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
1 day ago
SmartStop Self Storage REIT, Inc. Acquires Five Premium Self-Storage Facilities in the Houston Metropolitan Area
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 acquisition of five Class A, high-quality self-storage properties strategically located throughout the Houston Metropolitan Statistical Area. The newly acquired portfolio features a diverse mix of multi- and single-story facilities that coll.
Neutral
Business Wire
2 days ago
SmartStop Closes Canadian Maple Bond Offering for CAD $500 Million
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 has closed its previously announced CAD$500 million aggregate principal amount of Series A Senior Unsecured Notes, due June 16, 2028 (the “Notes”). The Notes were issued by SmartStop's operating partnership, SmartStop OP, L.P. The.
Neutral
Business Wire
1 week ago
SmartStop Prices Canadian Maple Bond Offering
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 pricing of a Canadian Maple Bond offering. SmartStop's affiliated operating partnership, SmartStop OP, L.P., will issue CAD $500 million of series A senior unsecured notes due June 16, 2028 (the “Notes”). The Notes bear interest at a rate of.
Neutral
Business Wire
2 weeks ago
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in Toronto, Ontario
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 proud to announce the opening of its 14th facility in Canada and its 12th in the Greater Toronto Area, located at 1480 Jane Street in Toronto. This six-story, climate-controlled facility spans approximately 105,0.
Neutral
Business Wire
2 weeks ago
SmartStop Enters Montréal Market With First Facility in Québec
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, has officially entered the Montréal market with the opening of a new, state-of-the-art facility in Dorval, Québec. This marks SmartStop's first location in the province and a bold next step in the company's Canadian expansion. SmartStop will oversee opera.
Neutral
Business Wire
2 weeks ago
Strategic Storage Trust VI, Inc. Opens New Class A Self-Storage Facility in Greater Montréal
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 newly constructed self-storage facility in Dorval, Québec, a suburb of Montréal. The facility is located at 2990 Boulevard Sunnybrooke, in proximity to the Trans-Canada Highw.
Neutral
Seeking Alpha
2 weeks ago
Tariffs On, Tariffs Off
US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.
Neutral
Business Wire
2 weeks ago
SmartStop Self Storage REIT, Inc. to Join the Russell 3000 Index
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, will be added to the Russell 3000® Index following the annual reconstitution of the Russell indexes, effective after the market closes on Friday, June 27, 2025. SmartStop's inclusion follows its April 2025 listing on the New York Stock Exchange and marks.
Neutral
Business Wire
2 weeks ago
SmartStop Self Storage REIT, Inc. Announces Acquisition of Self-Storage Facility in the Denver Metropolitan Statistical Area
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 acquisition of a self-storage facility located at 5885 W Colfax Ave in Lakewood, Colorado, within the Denver Metropolitan Statistical Area. The newly acquired facility comprises approximately 66,850 net rentable square feet and offers approx.
Neutral
Business Wire
3 weeks ago
SmartStop Receives BBB Credit Rating From Morningstar DBRS
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 that DBRS, Inc. (“Morningstar DBRS”) has assigned an Issuer Rating of BBB with a Stable trend to SmartStop OP, L.P., the operating partnership of SmartStop. The rating was based on the credit risk profile of SmartStop and its subsidiaries (inclu.
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