Major Estimate Revision • Jun 20
Consensus EPS estimates increase by 16% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$0.45 to US$0.52. Revenue forecast steady at US$296.5m. Net income forecast to grow 264% next year vs 9.9% growth forecast for Specialized REITs industry in the US. Consensus price target reaffirmed at US$36.10. Share price was steady at US$32.68 over the past week. Declared Dividend • Jun 16
Dividend of US$0.13 announced Shareholders will receive a dividend of US$0.13. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.9%. Duyuru • Jun 02
SmartStop Self Storage REIT, Inc. Declares a Dividend for the Month of June 2026, Payable on July 15, 2026 On May 29, 2026, the Board of Directors of SmartStop Self Storage REIT, Inc. declared a dividend of $0.13150685 per share for the month of June 2026, which reflects a targeted annualized dividend of $1.60 per share. The dividend has a record date as of the close of business of the last business day of June 2026 and will be payable on July 15, 2026 to stockholders of record as of the monthly record date of June 30, 2026. Declared Dividend • May 17
Dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.9%. Canlı Haberler • May 10
SmartStop Self Storage Reports Q1 Profit With Revenue Gains and New Equity Program SmartStop Self Storage REIT reported Q1 2026 net income of $9.6 million, compared with a loss of $8.4 million in the prior-year period, with total revenues supported by self-storage rental and Managed Platform contributions.
Adjusted FFO per share in Q1 2026 came in above prior expectations, and trading volume picked up as the stock saw a modest price move, although some technical indicators suggest conditions that traders may view as overbought.
The company has put in place an at-the-market equity program for up to $300 million in common stock and recently recast a $500 million syndicated bank facility at a lower interest cost and with a longer maturity, while continuing external growth through a Toronto land purchase and a joint venture focused on bridge financing to storage sponsors.
For you as an investor, the return to profitability in Q1 2026, paired with adjusted FFO per share beating expectations, points to improved underlying cash generation alongside SmartStop’s storage rental and Managed Platform revenue streams. At the same time, the mention of overbought technical readings and potential resistance levels highlights that some traders are paying close attention to shorter-term price action and liquidity.
The at-the-market equity program and refinanced bank facility give the company added financial flexibility, even though no shares had been sold under the program as of May 8, 2026. Coupled with external growth moves such as the Toronto land acquisition and the bridge-financing joint venture, SmartStop is actively using both its balance sheet and platform to pursue additional self-storage-related opportunities, which you may want to weigh against dilution risk and interest cost trends when assessing the stock. Reported Earnings • May 07
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.17 (up from US$0.35 loss in 1Q 2025). Revenue: US$78.3m (up 25% from 1Q 2025). Net income: US$9.58m (up US$18.1m from 1Q 2025). Profit margin: 12% (up from net loss in 1Q 2025). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 114%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialized REITs industry in the US. New Risk • May 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 104% Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Duyuru • Apr 23
SmartStop Self Storage REIT, Inc., Annual General Meeting, Jun 23, 2026 SmartStop Self Storage REIT, Inc., Annual General Meeting, Jun 23, 2026. Location: meetnow.global/mlwu9a4., United States Declared Dividend • Apr 16
Dividend of US$0.13 announced Shareholders will receive a dividend of US$0.13. Ex-date: 30th April 2026 Payment date: 15th May 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.9%. Duyuru • Apr 06
SmartStop Self Storage REIT, Inc. to Report Q1, 2026 Results on May 06, 2026 SmartStop Self Storage REIT, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Upcoming Dividend • Mar 24
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.0%). Duyuru • Mar 20
SmartStop Self Storage REIT, Inc. has filed a Follow-on Equity Offering in the amount of $300 million. SmartStop Self Storage REIT, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Feb 26
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: US$0.18 loss per share (improved from US$0.20 loss in FY 2024). Revenue: US$281.1m (up 24% from FY 2024). Net loss: US$8.76m (loss narrowed 54% from FY 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 129%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialized REITs industry in the US. Duyuru • Feb 26
SmartStop Self Storage REIT, Inc. Provides Earnings Guidance for the Year 2026 SmartStop Self Storage REIT, Inc. provided earnings guidance for the year 2026. The company expects same-store revenue growth in the range of -0.5% to 2.0% and same-store net operating income growth in the range of -1.8% to 1.0%. Same-store revenue is projected between $218,300,000 and $223,800,000, while same-store net operating income is expected to range from $142,500,000 to $146,500,000. Net income per share is anticipated to be between $0.38 and $0.46. Duyuru • Feb 21
SmartStop Self Storage REIT, Inc. Announces Board and Executive Changes On February 19, 2026, the Board of Directors (the Board") of SmartStop Self Storage REIT, Inc. (the Company") approved the expansion of the size of the Board from five members to six members (the Board Expansion"). In connection with the Board Expansion, on February 19, 2026, the Nominating and Corporate Governance Committee (the NCG Committee") of the Board recommended and the Board approved the appointment of Wayne Johnson, the Company's Chief Investment Officer, as an employee director of the Company, effective immediately. Mr. Johnson will serve as a director until the Company's next annual meeting of stockholders or until his successor is duly elected and qualified. Mr. Johnson also serves as the Chief Investment Officer of the Company's Managed REITs, as well as President and Chief Investment Officer of the sponsor, advisor and property management entities for the Managed REITs. Mr. Johnson's industry experience involves all aspects of commercial development and leasing, including office, office warehouse, retail and self storage facilities. Mr. Johnson currently serves on the board of directors of the Self Storage Association's Large Operator Council and was a past President and board member of the Texas Self Storage Association. Concurrent with his appointment as a director of the Company, Mr. Johnson resigned as the President of the Company, a position he also has been serving since June 2019. Immediately upon Mr. Johnson's resignation as President, the Board appointed H. Michael Schwartz, Chairman of the Board and the Company's Chief Executive Officer, to the additional office of President effective as of February 19, 2026. Mr. Johnson has served as Chief Investment Officer since 2015. He also served as President from 2019 until his appointment to the Board. He has been a key leader in the company's growth since its formation in 2013, previously serving as Senior Vice President of Acquisitions with a focus on self-storage investments. His career includes senior leadership roles across multiple affiliated real estate platforms, including Chief Investment Officer roles for all of SmartStops Managed REITs, as well as real estate programs previously sponsored by SmartStops former sponsor. Prior to his career with SmartStop and its affiliates, Mr. Johnson worked extensively in commercial real estate development and leasing, managing projects spanning office, warehouse, retail, and self-storage facilities. He has developed, managed, and operated more than one million square feet of self-storage properties. A recognized industry leader, Mr. Johnson currently serves on the board of directors of the Self Storage Associations Large Operator Council and was a past President and board member of the Texas Self Storage Association. He began his real estate career in 1979 after earning a B.B.A. in finance and real estate from Southern Methodist University. Upcoming Dividend • Feb 20
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 27 February 2026. Payment date: 13 March 2026. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.2%). Higher than average of industry peers (3.9%). Duyuru • Jan 31
SmartStop Self Storage REIT, Inc. Declares A Dividend for the Month of February 2026, Payable on March 13, 2026 On January 29, 2026, the Board of Directors of SmartStop Self Storage REIT, Inc. (the “Company”) declared a dividend for the month of February 2026, reflecting a targeted annualized dividend of $1.60 per share. The dividend will be payable on March 13, 2026, to stockholders of record as of the close of business on February 27, 2026, with a distribution amount of $0.12273973 per share of common stock. Duyuru • Jan 30
SmartStop Self Storage REIT, Inc. to Report Q4, 2025 Results on Feb 25, 2026 SmartStop Self Storage REIT, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Upcoming Dividend • Jan 23
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 30 January 2026. Payment date: 13 February 2026. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.3%). In line with average of industry peers (4.1%). Duyuru • Dec 24
SmartStop Self Storage REIT, Inc. Declares Dividend for the Month of January 2026, Payable on February 13, 2026 On November 20, 2025, the Board of Directors of SmartStop Self Storage REIT, Inc. declared a dividend of $0.13589041per share for the month of January 2026, which reflects a targeted annualized dividend of $1.60 per share. Record Date: January 30, 2026. Payment Date: February 13, 2026. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.3%). Duyuru • Dec 05
Price Caspino Announces Court Victory on Behalf of SmartStop in Emergency Trade-Secret Protection Action Price Caspino, LP announced that it has obtained an emergency order from the Orange County Superior Court related to alleged misappropriation of company trade secrets by a former employee of SmartStop Self Storage REIT, Inc. ("SmartStop"). SmartStop recently learned that its former Director of Revenue, Rene Hernandez, had taken confidential and proprietary information in violation of his agreements with the company. The materials at issue include company-wide revenue data, revenue projections, and AI-based analytical platforms used to identify revenue-enhancement opportunities. To protect its intellectual property, SmartStop retained the law firm Price Caspino to pursue immediate legal relief. On Monday, December 1, 2025, Price Caspino attorneys Mike Caspino and Helena Laskey appeared before the Honorable Judge Richard Lee in the Orange County Superior Court seeking an emergency restraining order preventing any further use or possession of the alleged trade-secret materials. After extensive argument, the Court granted SmartStop's request and issued an emergency order restraining Hernandez from using or retaining the disputed information. The Court also directed Hernandez's counsel to appear and show cause why a preliminary injunction should not be issued. Duyuru • Nov 22
SmartStop Self Storage REIT, Inc. Declares Dividend for the Month of December 2025, Payable on January 15, 2026 On November 20, 2025, the Board of Directors of SmartStop Self Storage REIT, Inc. declared a dividend of $0.13589041per share for the month of December 2025, which reflects a targeted annualized dividend of $1.60 per share. Record Date: December 31, 2025. Payment Date: January 15, 2026. Upcoming Dividend • Nov 21
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 28 November 2025. Payment date: 15 December 2025. Trailing yield: 5.2%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (4.2%). Reported Earnings • Nov 06
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$0.095 (up from US$0.066 loss in 3Q 2024). Revenue: US$70.4m (up 22% from 3Q 2024). Net income: US$5.23m (up US$11.6m from 3Q 2024). Profit margin: 7.4% (up from net loss in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10.0%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialized REITs industry in the US. Duyuru • Nov 06
SmartStop Self Storage REIT, Inc. Updates Earnings Guidance for the Full Year 2025 SmartStop Self Storage REIT, Inc. updated earnings guidance for the full year 2025. For the year, the company expected Same-store growth (as translated in U.S. dollars) revenue of 1.9% to 2.3% and Net operating income of 0.9% to 1.1% as compared to previous guidance of revenue of 1.8% to 2.8% and Net operating income of 0.6% to 1.6%. The company expects Same-store growth (constant currency) revenue of 2.2% to 2.6% and Net operating income of 1.2% to 1.6% as compared to previous guidance of revenue of 2.2% to 3.2% and Net operating income of 1.0% to 2.3%. The company also expects net income of $60 to $100 as compared to previous guidance of Net loss of $60 to $0. Duyuru • Nov 05
SmartStop Self Storage REIT, Inc. Declares Dividend for the Month of November 2025, Payable on December 15, 2025 On October 29, 2025, the Board of Directors of SmartStop Self Storage REIT, Inc. declared a dividend of $0.13150685 for the month of November 2025, which reflects a targeted annualized dividend of $1.60 per share. The dividend has a record date as of the close of business of the last business day of November 2025 and will be payable to stockholders of record as of the monthly record date set forth below: Record Date: November 28, 2025. Payment Date: December 15, 2025. Upcoming Dividend • Oct 24
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 31 October 2025. Payment date: 14 November 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.9%). Duyuru • Oct 16
SmartStop Self Storage REIT, Inc. to Report Q3, 2025 Results on Nov 05, 2025 SmartStop Self Storage REIT, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Upcoming Dividend • Sep 23
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.9%). Duyuru • Aug 30
SmartStop Self Storage REIT, Inc. Declares Monthly Dividend for September 2025, Payable on October 15, 2025 SmartStop Self Storage REIT, Inc. declared a dividend for the month of September 2025, which reflects a targeted annualized dividend of $1.60 per share. The dividend has a record date as of the close of business of the last business day of September 2025 and will be payable to stockholders of record as of the monthly record date September 30, 2025 and Payment Date October 15, 2025. Class A Common Stock, per share $0.13150685, Class T Common Stock, $0.1315068 per share and Unclassified Common Stock, per share $0.13150685. Upcoming Dividend • Aug 22
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 29 August 2025. Payment date: 03 September 2025. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.9%). Reported Earnings • Aug 08
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: US$0.15 loss per share (further deteriorated from US$0.041 loss in 2Q 2024). Revenue: US$66.8m (up 17% from 2Q 2024). Net loss: US$8.36m (loss widened 113% from 2Q 2024). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialized REITs industry in the US. Upcoming Dividend • Jul 24
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 31 July 2025. Payment date: 15 August 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.7%). Duyuru • Jul 10
SmartStop Self Storage REIT, Inc. to Report Q2, 2025 Results on Aug 06, 2025 SmartStop Self Storage REIT, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Duyuru • Jul 08
SmartStop Self Storage REIT, Inc. Announces Board Changes SmartStop Self Storage REIT, Inc. announced the appointment of Lora Gotcheva as an independent director of the Company, effective July 10, 2025. Ms. Gotcheva has more than 25 years of financial management and investment experience with several firms in the financial services industry. From July 2010 until April 2025, Ms. Gotcheva served in various roles at CPP Investments, one of the largest pension fund managers in Canada, which invests the funds of the Canada Pension Plan. Most recently, Ms. Gotcheva served as a Managing Director, specializing in private real estate investments, joint ventures, and public REIT investments. Ms. Gotcheva earned a Bachelor of Arts degree from Mount Holyoke College and an MBA from The Wharton School at the University of Pennsylvania. On June 30, 2025, Paula Mathews gave notice of her retirement as a member of the Board of Directors (the “Board”) of SmartStop Self Storage REIT, Inc. (the “Company”) and, accordingly, tendered her resignation from the Board, effective immediately. Ms. Mathews' resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Duyuru • Jul 02
Smartstop Self Storage REIT, Inc. Declares Dividend for the Month of July 2025, Payable on August 15, 2025 SmartStop Self Storage REIT, Inc. declared a dividend for the month of July 2025, which reflects a targeted annualized dividend of $1.60 per share. The dividend has a record date as of the close of business of the last business day of July 2025 and will be payable to stockholders of record as of the monthly record date set forth below: Record Date: July 31, 2025; Payment Date: August 15, 2025; Class A Common Stock per share: $0.13589041; Class T Common Stock, per share: $0.13589041; Unclassified Common Stock, per share: $0.13589041. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.7%). Duyuru • Jun 18
SmartStop Self Storage REIT, Inc. (NYSE:SMA) acquired five Class A in Houston Metropolitan Statistical. SmartStop Self Storage REIT, Inc. (NYSE:SMA) acquired five Class A in Houston Metropolitan Statistical on June 17, 2025.
SmartStop Self Storage REIT, Inc. (NYSE:SMA) completed the acquisition of five Class A in Houston Metropolitan Statistical on June 17, 2025. Duyuru • Jun 03
Smartstop Self Storage Reit, Inc. Announces Monthly Dividend on Class A and Class T Common Stock, Payable on July 15, 2025 SmartStop Self Storage REIT, Inc. declared a dividend for the month of June 2025, which reflects a targeted annualized dividend of $1.60 per share. The dividend has a record date as of the close of business of the last business day of June 2025 and will be payable to stockholders of record as of the monthly record date set forth below: Record Date: June 30, 2025; Payment Date: July 15, 2025; Class A Common Stock per share: $0.13150685; Class T Common Stock, per share: $0.13150685; Unclassified Common Stock, per share: $0.13150685. Duyuru • May 30
SmartStop Self Storage REIT, Inc. (NYSE:SMA) acquired Self-storage facility located at 5885 W Colfax Ave in Lakewood, Colorado. SmartStop Self Storage REIT, Inc. (NYSE:SMA) acquired Self-storage facility located at 5885 W Colfax Ave in Lakewood, Colorado on May 29, 2025.
SmartStop Self Storage REIT, Inc. (NYSE:SMA) completed the acquisition of Self-storage facility located at 5885 W Colfax Ave in Lakewood, Colorado on May 29, 2025. Upcoming Dividend • May 23
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 13 June 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.8%). Duyuru • May 12
SmartStop Self Storage REIT, Inc., Annual General Meeting, Jun 24, 2025 SmartStop Self Storage REIT, Inc., Annual General Meeting, Jun 24, 2025. Location: meetnow.global/maahjwt, United States Reported Earnings • May 09
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: US$0.35 loss per share (further deteriorated from US$0.049 loss in 1Q 2024). Revenue: US$65.4m (up 20% from 1Q 2024). Net loss: US$8.41m (loss widened 77% from 1Q 2024). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 9.4%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialized REITs industry in the US. Duyuru • May 01
SmartStop Self Storage REIT, Inc. announces Monthly dividend, payable on June 13, 2025 SmartStop Self Storage REIT, Inc. announced Monthly dividend of USD 0.1359 per share payable on June 13, 2025, ex-date on May 30, 2025 and record date on May 30, 2025. Duyuru • Apr 17
SmartStop Self Storage REIT, Inc. to Report Q1, 2025 Results on May 07, 2025 SmartStop Self Storage REIT, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Board Change • Apr 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Director Tim Morris was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 04
SmartStop Self Storage REIT, Inc. Announces Monthly Distribution to Class A, Class T and Common Stockholders for April 2025, Payable on May 2025 On March 21, 2025, SmartStop Self Storage REIT, Inc. Board declared a monthly distribution to Class A and Class T common stockholders of record as of April 30, 2025 at the rate equal to $0.1973 per share (or $2.40 annualized) multiplied by a fraction, the numerator of which is the number of days in the month of April 2025 immediately preceding the effective date of this offering, and the denominator of which is 30 (the “Pre-Listing Distribution”).
In addition, Board declared a monthly distribution to all common stockholders of record as of April 30, 2025 at a rate equal to approximately $0.1315 per share (or $1.60 annualized) multiplied by a fraction, the numerator of which is the number of days in the month of April 2025 from and after the effective date of this offering, and the denominator of which is 30 (the “Post-Listing Distribution”). Existing Class A and Class T stockholders will be entitled to both the Pre-Listing Distribution as well as the Post-Listing Distribution, payable in May 2025. Purchasers of shares of common stock in this offering will only receive the Post-Listing Distribution on such shares, payable in May 2025.