CubeSmart (NYSE:CUBE) Receives Average Rating of “Hold” from Analysts

Shares of CubeSmart (NYSE:CUBE) have earned a consensus rating of “Hold” from the fifteen analysts that are currently covering the stock, MarketBeat reports. Ten analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $43.3333.

CUBE has been the topic of several research reports. Wells Fargo & Company reduced their price target on shares of CubeSmart from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. BNP Paribas Exane upgraded shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price target on the stock in a research report on Wednesday, March 18th. Wall Street Zen upgraded shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Barclays boosted their price target on shares of CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Finally, Mizuho boosted their price target on shares of CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday.

Insiders Place Their Bets

In related news, insider Jeffrey P. Foster sold 23,148 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $41.02, for a total value of $949,530.96. Following the sale, the insider owned 205,057 shares in the company, valued at approximately $8,411,438.14. The trade was a 10.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.76% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of CubeSmart in the fourth quarter valued at $395,968,000. JPMorgan Chase & Co. raised its stake in shares of CubeSmart by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 5,340,869 shares of the real estate investment trust’s stock valued at $217,162,000 after acquiring an additional 91,694 shares during the period. Geode Capital Management LLC raised its stake in shares of CubeSmart by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 4,714,128 shares of the real estate investment trust’s stock valued at $169,975,000 after acquiring an additional 52,207 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of CubeSmart by 36.4% in the third quarter. Alyeska Investment Group L.P. now owns 4,283,952 shares of the real estate investment trust’s stock valued at $174,185,000 after acquiring an additional 1,143,464 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC raised its stake in shares of CubeSmart by 3.1% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,469,724 shares of the real estate investment trust’s stock valued at $125,084,000 after acquiring an additional 105,105 shares during the period. Institutional investors own 97.61% of the company’s stock.

CubeSmart Trading Down 1.3%

Shares of CubeSmart stock opened at $40.01 on Friday. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 6.93 and a beta of 1.11. The business has a 50-day moving average price of $38.85 and a 200-day moving average price of $38.11. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a twelve month low of $35.09 and a twelve month high of $44.13.

CubeSmart (NYSE:CUBE) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The company had revenue of $281.93 million for the quarter, compared to analysts’ expectations of $275.25 million. During the same quarter in the previous year, the business posted $0.64 earnings per share. CubeSmart’s quarterly revenue was up 3.3% on a year-over-year basis. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Equities research analysts anticipate that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 5.3%. The ex-dividend date is Wednesday, July 1st. CubeSmart’s payout ratio is currently 149.30%.

About CubeSmart

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.