Davis Selected Advisers Acquires Shares of 90,930 CubeSmart $CUBE

Davis Selected Advisers acquired a new stake in shares of CubeSmart (NYSE:CUBE) during the 4th quarter, HoldingsChannel reports. The firm acquired 90,930 shares of the real estate investment trust’s stock, valued at approximately $3,278,000.

Other large investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new stake in shares of CubeSmart during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. increased its position in shares of CubeSmart by 174.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 568 shares during the last quarter. Huntington National Bank increased its position in shares of CubeSmart by 43.3% during the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 295 shares during the last quarter. SJS Investment Consulting Inc. purchased a new stake in shares of CubeSmart during the 3rd quarter valued at $42,000. Finally, Avalon Trust Co purchased a new stake in shares of CubeSmart during the 3rd quarter valued at $51,000. 97.61% of the stock is owned by hedge funds and other institutional investors.

CubeSmart News Summary

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: Beat near-term estimates: Q1 EPS of $0.36 topped consensus ~$0.34 and revenue of $281.9M exceeded estimates; FFO/share of $0.63 slightly beat the Zacks consensus of $0.62. CubeSmart Reports First Quarter 2026 Results CubeSmart Surpasses Q1 FFO and Revenue Estimates
• Neutral Sentiment: Management commentary (earnings call) provided color on operations and the outlook; the transcript is available for detail on occupancy, pricing and capital deployment decisions that drove the guidance. CubeSmart Q1 2026 Earnings Call Transcript
• Negative Sentiment: Cautious forward guidance: Q2 2026 EPS guided to $0.620–$0.640 (consensus ~0.640) and FY2026 EPS to $2.520–$2.600 (street ~2.57). The guidance range and a slight year-over-year decline in FFO/EPS raise near‑term growth concerns. CubeSmart Earnings & Guidance Summary
• Negative Sentiment: Analysts are reworking valuations and price targets after the mixed print and guidance; coverage notes emphasize slower FFO growth and the need to monitor operating trends. How The CubeSmart Story Is Shifting As Analysts Rework Valuation Targets
• Negative Sentiment: Net income and some per‑share metrics are down year‑over‑year (FFO $0.63 vs $0.64 a year ago), underscoring the company’s slower growth trajectory despite the quarter’s beats. CubeSmart Posts Lower Q1 Earnings, Provides 2026 Outlook

Insiders Place Their Bets

In related news, insider Jeffrey P. Foster sold 23,148 shares of CubeSmart stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total value of $949,530.96. Following the completion of the sale, the insider owned 205,057 shares of the company’s stock, valued at approximately $8,411,438.14. This trade represents a 10.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

CUBE has been the subject of several research analyst reports. Royal Bank Of Canada raised their target price on CubeSmart from $43.00 to $46.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Wells Fargo & Company decreased their target price on CubeSmart from $40.00 to $39.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Wolfe Research lowered CubeSmart from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Barclays raised their target price on CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Finally, Scotiabank raised CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Six research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.57.

CubeSmart Trading Down 0.8%

Shares of CUBE opened at $40.14 on Friday. The business has a 50-day moving average of $38.84 and a 200 day moving average of $38.16. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $44.13. The firm has a market cap of $9.15 billion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 6.39 and a beta of 1.11. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.04 and a current ratio of 0.04.

CubeSmart (NYSE:CUBE) last announced its quarterly earnings data 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 return on equity of 11.70% and a net margin of 28.93%.The company had revenue of $281.93 million during the quarter, compared to analyst estimates of $275.25 million. During the same quarter last year, the firm posted $0.64 EPS. The firm’s revenue for the quarter 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. As a group, research analysts forecast that CubeSmart will post 2.58 EPS for the current year.

CubeSmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.53 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.12 annualized dividend and a yield of 5.3%. CubeSmart’s dividend payout ratio (DPR) is 146.21%.

CubeSmart Profile

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.