16,587 Shares in CubeSmart $CUBE Acquired by Twin Capital Management Inc.

Twin Capital Management Inc. purchased a new position in shares of CubeSmart (NYSE:CUBE) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,587 shares of the real estate investment trust’s stock, valued at approximately $608,000.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers grew its stake in shares of CubeSmart by 1.6% during the 2nd quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock valued at $731,000 after buying an additional 265 shares during the period. Fifth Third Wealth Advisors LLC raised its position in shares of CubeSmart by 4.0% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 6,964 shares of the real estate investment trust’s stock worth $255,000 after buying an additional 269 shares during the period. Fifth Third Bancorp boosted its holdings in CubeSmart by 12.5% in the first quarter. Fifth Third Bancorp now owns 2,608 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 289 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in CubeSmart by 15.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,204 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 295 shares during the last quarter. Finally, Pacific Sun Financial Corp grew its position in CubeSmart by 6.6% during the third quarter. Pacific Sun Financial Corp now owns 5,022 shares of the real estate investment trust’s stock valued at $204,000 after acquiring an additional 310 shares during the period. Institutional investors and hedge funds own 97.61% of the company’s stock.

Analysts Set New Price Targets

CUBE has been the subject of several research analyst reports. Scotiabank upgraded CubeSmart to a “hold” rating in a research note on Thursday, March 19th. Wells Fargo & Company lifted their price objective on CubeSmart from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. UBS Group boosted their target price on CubeSmart from $41.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Mizuho increased their target price on shares of CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Barclays upgraded shares of CubeSmart from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $45.00 to $46.00 in a report on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, CubeSmart currently has an average rating of “Hold” and a consensus price target of $43.25.

CubeSmart Stock Up 3.9%

Shares of CubeSmart stock opened at $42.02 on Friday. The company has a fifty day moving average price of $40.37 and a 200 day moving average price of $39.13. The company has a current ratio of 0.04, a quick 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 $42.64. The stock has a market cap of $9.51 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 6.99 and a beta of 1.08.

CubeSmart (NYSE:CUBE) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.02. The firm had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.25 million. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.64 EPS. 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 forecast that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a $0.53 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.0%. CubeSmart’s dividend payout ratio (DPR) is 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.