CubeSmart (NYSE:CUBE) Given Average Rating of “Hold” by Analysts

CubeSmart (NYSE:CUBE) has been assigned an average recommendation of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $43.00.

A number of research firms have recently weighed in on CUBE. Mizuho raised their target price on CubeSmart from $40.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. 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. 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. UBS Group raised their target price on CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Finally, Truist Financial raised their target price on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, June 17th.

CubeSmart Stock Down 0.5%

CUBE stock opened at $40.63 on Thursday. The stock’s 50 day simple moving average is $40.07 and its 200 day simple moving average is $38.62. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.63. 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 company has a market cap of $9.20 billion, a P/E ratio of 28.61, a price-to-earnings-growth ratio of 7.05 and a beta of 1.09.

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

CubeSmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Wednesday, July 1st. CubeSmart’s dividend payout ratio (DPR) is currently 149.30%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of CubeSmart during the fourth quarter valued at approximately $395,968,000. JPMorgan Chase & Co. increased its position in shares of CubeSmart by 1.7% during 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 last quarter. Geode Capital Management LLC increased its position in shares of CubeSmart by 1.1% during 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 last quarter. Alyeska Investment Group L.P. increased its position in shares of CubeSmart by 36.4% during 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 last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its position in shares of CubeSmart by 3.1% during 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 last quarter. Institutional investors own 97.61% of the company’s stock.

CubeSmart Company 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.