NYSE:SMASpecialized REITs
SmartStop Self Storage REIT (NYSE:SMA) Stock Sees FFO Strength Despite Pricing Pressure
SmartStop Self Storage REIT came into this earnings print with the stock up modestly over the past quarter, yet the immediate reaction has been muted. The share price slipped around 0.4% to about US$34.30 after the release, which does not fully reflect the core story. The headline is funds from operations strength. Adjusted funds from operations per share rose to roughly US$0.49 in the quarter, and full year guidance for funds from operations as adjusted nudged higher.
Is SmartStop Self...