SmartStop Enters Montréal Market With First Facility in Québec
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2025
0mins
Source: Yahoo Finance
Expansion into Canada: SmartStop Self Storage REIT has opened its first facility in Montréal, Québec, marking a significant step in its Canadian expansion with a state-of-the-art self-storage location in Dorval.
Operational Excellence: The new facility features 1,250 climate-controlled units and is strategically located to enhance SmartStop's presence as the leading self-storage operator in Canada, further solidifying its reputation for innovation and customer service.
Analyst Views on SMA
Wall Street analysts forecast SMA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMA is 39.57 USD with a low forecast of 35.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
0 Hold
1 Sell
Moderate Buy
Current: 32.330
Low
35.00
Averages
39.57
High
41.00
Current: 32.330
Low
35.00
Averages
39.57
High
41.00
About SMA
SmartStop Self Storage REIT, Inc. is a self-managed REIT with a fully integrated operations team of more than 1000 self-storage professionals focused on growing the SmartStop Self Storage brand. The Company is focused on the acquisition, ownership and operation of self-storage properties located primarily within the top 100 metropolitan statistical areas (MSAs) throughout the United States and Canada. The Company's segments include self storage operations and the Managed REIT Platform business. The Company, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. It owns or manages more than 460 operating properties in 35 states, Washington D.C., and Canada, comprising over 270,000 units and 35 million rentable square feet. The Company and its affiliates own or manage 49 operating self-storage properties across four provinces in Canada, which total approximately 42,200 units and 4.3 million rentable square feet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
