CubeSmart $CUBE Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its holdings in CubeSmart (NYSE:CUBE) by 31.7% in the first quarter, Holdings Channel.com reports. The fund owned 922,766 shares of the real estate investment trust’s stock after selling 428,398 shares during the quarter. Janus Henderson Group PLC’s holdings in CubeSmart were worth $33,824,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of CubeSmart in the 3rd quarter valued at about $28,000. Geneos Wealth Management Inc. increased its holdings in CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 568 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in CubeSmart in the first quarter valued at about $42,000. Los Angeles Capital Management LLC acquired a new stake in shares of CubeSmart during the 4th quarter valued at approximately $43,000. Finally, Global Retirement Partners LLC boosted its stake in shares of CubeSmart by 95.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 591 shares in the last quarter. 97.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CUBE has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective on CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. UBS Group upped their target price on CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Evercore set a $47.00 price target on CubeSmart in a research report on Monday, July 6th. Raymond James Financial assumed coverage on CubeSmart in a research note on Wednesday, July 15th. They set an “outperform” rating and a $44.00 price target for the company. Finally, Truist Financial increased their price objective on shares of CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Six research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CubeSmart presently has an average rating of “Hold” and an average price target of $43.42.

CubeSmart Stock Performance

CubeSmart stock opened at $41.56 on Monday. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 7.19 and a beta of 1.08. The stock has a fifty day moving average of $40.79 and a two-hundred day moving average of $39.54. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.04 and a current ratio of 0.07.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.25). The company had revenue of $286.49 million during the quarter, compared to analysts’ expectations of $281.12 million. CubeSmart had a net margin of 29.41% and a return on equity of 12.35%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. CubeSmart has set its Q3 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.600 EPS. On average, analysts anticipate that CubeSmart will post 2.57 EPS for the current fiscal year.

CubeSmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Thursday, October 1st. CubeSmart’s dividend payout ratio is 146.21%.

Key CubeSmart News

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: CubeSmart raised its 2026 adjusted earnings guidance to $2.54-$2.60 per share. The midpoint is close to the $2.58 analyst consensus and signals continued confidence in operating performance. CubeSmart Raises 2026 Guidance After Solid Quarter
• Positive Sentiment: Second-quarter revenue reached $286.5 million, exceeding analysts’ $281.1 million estimate and increasing 1.5% year over year. The revenue beat likely helped offset concerns about weaker per-share results. CubeSmart Second-Quarter Earnings
• Positive Sentiment: Management projected third-quarter 2026 earnings of $0.64-$0.66 per share, broadly in line with the $0.65 consensus estimate, suggesting results are expected to remain stable. CubeSmart Reports Second Quarter 2026 Results
• Neutral Sentiment: Net income attributable to common shareholders was $89.6 million. The company’s outlook and revenue performance provided a constructive signal, but operating growth remained modest. CubeSmart Q2 2026 Earnings
• Negative Sentiment: Second-quarter FFO was $0.63 per share, below the $0.64 consensus and down from $0.65 a year earlier. Reported EPS of $0.39 also missed the $0.64 analyst estimate, creating a potential headwind for the stock. CubeSmart Q2 FFO Miss Estimates

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.