Vision Capital Corp Acquires New Shares in CubeSmart $CUBE

Vision Capital Corp acquired a new stake in shares of CubeSmart (NYSE:CUBE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 546,656 shares of the real estate investment trust’s stock, valued at approximately $19,707,000. CubeSmart comprises about 8.7% of Vision Capital Corp’s investment portfolio, making the stock its 4th largest position.

A number of other institutional investors have also recently bought and sold shares of CUBE. Wiser Advisor Group LLC acquired a new stake in CubeSmart during the third quarter valued at $28,000. Geneos Wealth Management Inc. boosted its position in CubeSmart by 174.8% during the second 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 raised its holdings in CubeSmart by 43.3% during the third quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 295 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in CubeSmart during the fourth quarter valued at about $43,000. Finally, Global Retirement Partners LLC raised its holdings in CubeSmart by 95.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 591 shares in the last quarter. Institutional investors and hedge funds own 97.61% of the company’s stock.

CubeSmart Trading Up 0.3%

CubeSmart stock opened at $41.85 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04. The business’s 50-day simple moving average is $39.64 and its 200-day simple moving average is $38.40. The firm has a market capitalization of $9.48 billion, a PE ratio of 29.47, a PEG ratio of 7.21 and a beta of 1.09. CubeSmart has a 52 week low of $35.09 and a 52 week high of $43.63.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. The business had revenue of $281.93 million for the quarter, compared to analyst estimates of $275.25 million. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. 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 year.

CubeSmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a $0.53 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. CubeSmart’s payout ratio is presently 149.30%.

Analyst Ratings Changes

Several equities analysts have weighed in on CUBE shares. Scotiabank upgraded CubeSmart to a “hold” rating in a report on Thursday, March 19th. Wells Fargo & Company raised their target price on CubeSmart from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Barclays raised their target price on CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. BNP Paribas Exane upgraded CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 target price on the stock in a report on Wednesday, March 18th. Finally, Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.42.

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.