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SmartStop Self Storage REIT, Inc. (SMA) Stock Fundamental Analysis & AI Rating 2026

SMA NYSE Real Estate Investment Trusts MD CIK: 0001585389
Recently Updated • Analysis: Apr 16, 2026 • SEC Data: 2025-12-31
SELL
65% Conf
Pending
Analysis scheduled

📊 SMA Key Takeaways

Revenue: $281.1M
Net Margin: -3.1%
Free Cash Flow: $85.0M
Current Ratio: N/A
Debt/Equity: 0.94x
EPS: $-0.27
AI Rating: SELL with 65% confidence
SmartStop Self Storage REIT, Inc. (SMA) receives a SELL rating with 65% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $281.1M, net profit margin of -3.1%, and return on equity (ROE) of -0.7%, SmartStop Self Storage REIT, Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete SMA stock analysis for 2026.

Is SmartStop Self Storage REIT, Inc. (SMA) a Good Investment?

Claude

SmartStop demonstrates strong revenue growth (18.6% YoY) and solid operating cash flow (85M), but critical financial stress signals undermine investment quality. Interest coverage of 1.0x indicates the company barely covers debt obligations, leaving virtually no margin for error, while negative net income (-8.8M) despite operational profitability raises questions about capital structure sustainability.

Why Buy SmartStop Self Storage REIT, Inc. Stock? SMA Key Strengths

Claude
  • + Strong revenue growth at 18.6% YoY demonstrating operational scale expansion
  • + Healthy gross margins at 61.3% indicating stable property-level economics
  • + Positive operating cash flow of 85M with strong 30.2% FCF margin showing cash generation capability
  • + Moderate leverage at 0.94x debt-to-equity ratio within reasonable REIT parameters

SMA Stock Risks: SmartStop Self Storage REIT, Inc. Investment Risks

Claude
  • ! Critically weak interest coverage at 1.0x with essentially zero margin to absorb operational downturns or rising rates
  • ! Negative net income of 8.8M and negative profitability metrics (ROE -0.7%, ROA -0.4%) signaling structural profitability issues
  • ! Limited cash cushion of 54.2M relative to 2.4B asset base and 1.1B long-term debt creates refinancing vulnerability
  • ! Gap between positive operating cash flow and negative net earnings suggests significant non-operating drag or unsustainable capital structure

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend - must improve above 1.5x minimum for financial stability
  • * Operating margin sustainability - verify 21.0% can be maintained as operations mature
  • * Debt-to-asset ratio and refinancing schedule - critical given tight interest coverage
  • * Free cash flow consistency and its allocation to debt reduction versus growth capex

SmartStop Self Storage REIT, Inc. (SMA) Financial Metrics & Key Ratios

Revenue
$281.1M
Net Income
$-8.8M
EPS (Diluted)
$-0.27
Free Cash Flow
$85.0M
Total Assets
$2.4B
Cash Position
$54.2M

💡 AI Analyst Insight

The 30.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

SMA Profit Margin, ROE & Profitability Analysis

Gross Margin 61.3%
Operating Margin 21.0%
Net Margin -3.1%
ROE -0.7%
ROA -0.4%
FCF Margin 30.2%

SMA vs Real Estate Sector: How SmartStop Self Storage REIT, Inc. Compares

How SmartStop Self Storage REIT, Inc. compares to Real Estate sector averages

Net Margin
SMA -3.1%
vs
Sector Avg 20.0%
SMA Sector
ROE
SMA -0.7%
vs
Sector Avg 8.0%
SMA Sector
Current Ratio
SMA 0.0x
vs
Sector Avg 1.5x
SMA Sector
Debt/Equity
SMA 0.9x
vs
Sector Avg 1.5x
SMA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is SmartStop Self Storage REIT, Inc. Stock Overvalued? SMA Valuation Analysis 2026

Based on fundamental analysis, SmartStop Self Storage REIT, Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
-0.7%
Sector avg: 8%
Net Profit Margin
-3.1%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.94x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

SmartStop Self Storage REIT, Inc. Balance Sheet: SMA Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.94x
Debt/Assets
47.4%
Interest Coverage
0.99x
Long-term Debt
$1.1B

SMA Revenue & Earnings Growth: 5-Year Financial Trend

SMA 5-year financial data: Year 2021: Revenue $168.8M, Net Income N/A, EPS N/A. Year 2022: Revenue $212.6M, Net Income N/A, EPS $-0.91. Year 2023: Revenue $233.0M, Net Income N/A, EPS $-0.37. Year 2024: Revenue $237.0M, Net Income N/A, EPS $0.07. Year 2025: Revenue $281.1M, Net Income -$2.7M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: SmartStop Self Storage REIT, Inc.'s revenue has grown significantly by 67% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.07 reflects profitable operations.

SMA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
30.2%
Free cash flow / Revenue

SMA Quarterly Earnings & Performance

Quarterly financial performance data for SmartStop Self Storage REIT, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $60.2M $5.2M $0.09
Q2 2025 $59.2M N/A $-0.16
Q1 2025 $57.0M N/A $-0.20
Q3 2024 $58.7M N/A $-0.01
Q2 2024 $59.2M N/A $0.00
Q1 2024 $57.0M N/A $-0.02
Q3 2023 $56.5M N/A $-0.01
Q2 2023 $51.8M N/A $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

SmartStop Self Storage REIT, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$85.0M
Cash generated from operations
Dividends Paid
$74.8M
Returned to shareholders

SMA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for SmartStop Self Storage REIT, Inc. (CIK: 0001585389)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 8-K ck0001585389-20260330.htm View →
Mar 30, 2026 8-K ck0001585389-20260330.htm View →
Mar 27, 2026 4 xslF345X06/primary_doc.xml View →
Mar 27, 2026 4 xslF345X06/primary_doc.xml View →
Mar 27, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about SMA

What is the AI rating for SMA?

SmartStop Self Storage REIT, Inc. (SMA) has an AI rating of SELL with 65% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SMA's key strengths?

Claude: Strong revenue growth at 18.6% YoY demonstrating operational scale expansion. Healthy gross margins at 61.3% indicating stable property-level economics.

What are the risks of investing in SMA?

Claude: Critically weak interest coverage at 1.0x with essentially zero margin to absorb operational downturns or rising rates. Negative net income of 8.8M and negative profitability metrics (ROE -0.7%, ROA -0.4%) signaling structural profitability issues.

What is SMA's revenue and growth?

SmartStop Self Storage REIT, Inc. reported revenue of $281.1M.

Does SMA pay dividends?

SmartStop Self Storage REIT, Inc. pays dividends, with $74.8M distributed to shareholders in the trailing twelve months.

Where can I find SMA SEC filings?

Official SEC filings for SmartStop Self Storage REIT, Inc. (CIK: 0001585389) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SMA's EPS?

SmartStop Self Storage REIT, Inc. has a diluted EPS of $-0.27.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SMA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, SmartStop Self Storage REIT, Inc. has a SELL rating with 65% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is SMA stock overvalued or undervalued?

Valuation metrics for SMA: ROE of -0.7% (sector avg: 8%), net margin of -3.1% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy SMA stock in 2026?

Our dual AI analysis gives SmartStop Self Storage REIT, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SMA's free cash flow?

SmartStop Self Storage REIT, Inc.'s operating cash flow is $85.0M, with capital expenditures of N/A. FCF margin is 30.2%.

How does SMA compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -3.1% (avg: 20%), ROE -0.7% (avg: 8%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 16, 2026 | Data as of: 2025-12-31 | Powered by Claude AI