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Smartstop Self Storage REIT Inc SMA

Listed / Traded Self-Storage NYSE Mgmt:

As a self-managed real estate investment trust (REIT), SmartStop heavily incorporates technology into its operations. The company is supported by a comprehensive, integrated team of roughly 570 self-storage professionals. Recognized as one of North America's leading self-storage providers, SmartStop continues to grow its portfolio across Canada and within high-potential markets throughout the United States.

This overview is background from company filings and may not reflect the latest quarter — the figures above are the current data, and the SEC filings are the primary source.

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$33.75
Market cap
$1.87B
Enterprise value
$2.39B
Dividend yieldi
4.83%
Annual dividendi
$1.63
Frequency
Monthly
FFO / sharei
$0.49 · Q1 2026
FFO, as adjusted / sharei
$0.49 · Q1 2026
Net debt / EBITDAi
7.33x · GAAP est.
Op. cash flow / sharei
$1.80
Price / OCFi
18.79
Payout (% of OCF)i
90.78%
Debt / book capitali
48.35%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / FFO, as adjusted / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

296shares (~$33.75 each)
$483est. dividends / year
$40≈ per month
4.83%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model SMA yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$1.10B
Cash
$54.22M
Net debt / EBITDAi
7.33x
Debt / book capitali
48.35%
Total assets
$2.43B
Total equity
$1.18B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $281.14M $-1.55M $73.20M $133.26M $84.97M
2024 $237.01M $-5.62M $56.11M $124.03M $64.03M
2023 $232.99M $9.75M $60.23M $131.09M $73.19M
2022 $206.32M $18.82M $64.62M $127.25M $87.91M
2021 $168.76M $-16.90M $53.37M $65.38M $58.76M
2020 $124.02M $-44.30M $42.07M $21.09M $26.77M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-07-312026-07-312026-08-14 2026-07-01$0.14Monthly
2026-06-302026-06-302026-07-15 2026-05-29$0.13Monthly
2026-05-292026-05-292026-06-15 2026-05-01$0.14Monthly
2026-04-302026-04-302026-05-15 2026-03-27$0.13Monthly
2026-03-312026-03-312026-04-15 2026-02-24$0.14Monthly
2026-02-272026-02-272026-03-13 2026-01-30$0.12Monthly
2026-01-302026-01-302026-02-13 2025-12-22$0.14Monthly
2025-12-312025-12-312026-01-15 2025-11-20$0.14Monthly
2025-11-282025-11-282025-12-15 2025-10-29$0.13Monthly
2025-10-312025-10-312025-11-14 2025-09-26$0.14Monthly
2025-09-302025-09-302025-10-15 2025-08-28$0.13Monthly
2025-08-292025-08-292025-09-03 2025-07-31$0.14Monthly
2025-07-312025-07-312025-08-15 2025-06-27$0.14Monthly
2025-06-302025-06-302025-07-15 2025-05-30$0.13Monthly
2025-05-302025-05-302025-06-13 2025-04-29$0.14Monthly
2025-04-302025-04-302025-05-15 2025-04-10$0.13Monthly

Coverage (payout of operating cash flow): 90.78%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — SMA

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

Other Self-Storage REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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