Brokerages Set CubeSmart (NYSE:CUBE) Price Target at $43.18

CubeSmart (NYSE:CUBE) has earned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $43.25.

CUBE has been the topic of a number of research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $46.00 target price on shares of CubeSmart in a research report on Monday, May 4th. Raymond James Financial set a $44.00 target price on shares of CubeSmart in a research report on Wednesday. UBS Group upped their price target on shares of CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Truist Financial increased 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. Finally, Mizuho increased their price objective on CubeSmart from $40.00 to $42.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th.

CubeSmart Price Performance

Shares of NYSE CUBE opened at $40.44 on Monday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04. CubeSmart has a one year low of $35.09 and a one year high of $42.64. The firm has a market capitalization of $9.16 billion, a P/E ratio of 28.48, a PEG ratio of 7.00 and a beta of 1.08. The company’s fifty day moving average is $40.33 and its two-hundred day moving average is $39.09.

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 analysts’ consensus estimates of $0.34 by $0.02. The business had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.25 million. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The business’s revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Analysts forecast that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Wednesday, July 1st. CubeSmart’s dividend payout ratio is 149.30%.

Institutional Investors Weigh In On CubeSmart

Hedge funds have recently modified their holdings of the company. Wiser Advisor Group LLC acquired a new position in shares of CubeSmart in the third quarter valued at approximately $28,000. Essential Partners LLC increased its stake in CubeSmart by 594.7% in the first quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 779 shares during the last quarter. Geneos Wealth Management Inc. lifted 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 worth $38,000 after buying an additional 568 shares during the period. SJS Investment Consulting Inc. acquired a new stake in CubeSmart in the 1st quarter worth about $42,000. Finally, Los Angeles Capital Management LLC acquired a new stake in CubeSmart in the 4th quarter worth about $43,000. 97.61% of the stock is owned by institutional investors and hedge funds.

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.