Smartstop Self Storage REIT, Inc. (SMA)
NYSEReal EstateReit - IndustrialSnapshot 2026-09-04
$32.58-1.57%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - IndustrialSnapshot 2026-09-04
QuarterlyIQ Insights · SMA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 1.6% |
| Our one-year growth estimate | diamond | -11.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 355 days
Usually moved in the opposite direction.
Price observations: 355 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 12.9 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 15 industry peers · Company calendar date is not available
SMA — dividend update
Dated 2026-09-03
Other Events. On September 3, 2026, the Board of Directors of SmartStop Self Storage REIT, Inc. (the “Company”) declared a dividend for the month of September 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 September 2026 and will be payable to stockholders of record as of the monthly record date set forth below: Record Date Payment Date Common Stock, per share September 30, 2026 Oct…
Why it matters: If revenue growth picks up, it may signal a positive shift in the sector's maturity phase.
Supportive ifRevenue growth accelerates to above 7% year over year.
Worry ifRevenue growth remains below 5% year over year.
Why it matters: A drop in NOI margin may mean higher costs or less efficiency.
Worry ifSame-store NOI margin remains above 67% in Q3 2026.
Less concerning ifSame-store NOI margin falls below 67% in Q3 2026.
Why it matters: Higher net income helps the company grow and keep paying dividends.
Supportive ifQ2 net income is over $9.58M. This shows good performance.
Worry ifNet income for Q2 is below $9.58M, suggesting a decline.
Why it matters: More margin growth shows good cost control. It also shows the company is running well.
Supportive ifNet operating income margin expands year over year in Q2 2026.
Worry ifNet operating income margin contracts or remains flat year over year in Q2 2026.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$94 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $300 loss on $10,000 · 3.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,178 loss on $10,000 · 21.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: This plan aims to grow SmartStop to $10 billion. Success could boost investor confidence and growth.
Supportive ifManagement says they reached key goals in The Deca Initiative. This includes big purchases and more money coming in.
Worry ifManagement does not reach the goals or deadlines for The Deca Initiative.
Why it matters: Stable dividends show SmartStop's financial health. They also show a commitment to giving value to shareholders.
Supportive ifManagement announces steady monthly dividends. The yearly rate is $1.60 per share.
Worry ifManagement stops or cuts the dividend payment.
Why it matters: Higher FFO growth means better cash flow and financial health. This helps keep dividends steady.
Supportive ifFFO growth exceeds 19.3% year over year in the next quarter.
Worry ifFFO growth falls below 19.3% year over year in the next quarter.
Why it matters: A shift away from headwinds may improve the outlook for Smartstop and its peers.
Supportive ifSector regime status changes to neutral or tailwind.
Worry ifSector regime status remains a headwind.
Why it matters: Improving cash flow is key to maintaining the dividend and supporting growth.
Supportive ifQ2 cash flow is over $24.24M. This shows strong improvement.
Worry ifQ2 cash flow is under $24.24M. This shows no growth.
Why it matters: Better cash flow means good cost management. It helps keep paying dividends.
Supportive ifCash from operations rises above $24.24M in Q2 2026.
Worry ifCash from operating activities falls below $24.24M in Q2 2026.
Why it matters: Growth above 2% shows strong performance and demand in self-storage.
Supportive ifSame-store revenue growth is above 2% YoY in the next quarterly results.
Worry ifSame-store revenue growth is below 1% YoY. This shows weak demand.
Why it matters: Keeping the dividend shows strong cash flow and care for shareholders.
Supportive ifThe company declares a dividend of $1.60 per share for the upcoming month.
Worry ifThe company reduces the dividend payout below $1.60 per share.