Reading the tape
NYSE: SMA
Smartstop Self Storage REIT Inc
Real Estate · REIT - Specialty
Market Cap
$1.23B
52w High
$39.77
52w Low
$29.42
P/E
-1,102.18
Volume
72.12K
Outstanding Shares
39.85M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -13.16%Revenue (TTM): -42.96%FCF (TTM): 32.71%
What changed
The stock fell 13.16% over the last year. Revenue declined 42.96% over the trailing twelve months. Operating margin moved from 29.21% to 43.89%. Free cash flow grew 32.71% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 43.89%. A decisive move in revenue — currently down 42.96% — would be the clearest signal to resolve the ambiguity.
Company profile
SmartStop is a technology-driven, self-managed REIT with a fully integrated operations team of approximately 570 self-storage professionals.
CEOH. Michael Schwartz
SectorReal Estate
IndustryREIT - Specialty
Employees560
IPO dateApr 2, 2025
Valuation
Forward P/E—
EV/EBITDA18.78
Enterprise value$2.5B
Price / Book1.04
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-97.72%
Gross margin19.29%▼86.06%vs FY2024
Operating margin43.89%▼28.11%vs FY2024
ROE-0.13%▲86.38%vs FY2024
Analyst consensus
RatingBuy
Target price$34.00▲10.28%
7
Buy
1
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $0.08 · Revenue est $61.83M
View
Dividends
$1.60/shareMonthlySMA pays a dividend with a 5.19% dividend yield.
Dividend Yield
5.19%
Annual Div / Share
$1.60
CAGR
—
FCF Coverage
—
Dividend Growth Rate
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$52/yr
$4/mo
In 5 yrs
$52/yr
$4/mo
In 10 yrs
$52/yr
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$52/yr $4/mo | $52/yr $4/mo | $52/yr $4/mo |