CubeSmart $CUBE Stock Position Lowered by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lessened its position in CubeSmart (NYSE:CUBE) by 94.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,364 shares of the real estate investment trust’s stock after selling 385,182 shares during the period. Epoch Investment Partners Inc.’s holdings in CubeSmart were worth $806,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wiser Advisor Group LLC bought a new stake in shares of CubeSmart in the 3rd quarter worth $28,000. Geneos Wealth Management Inc. raised its stake in shares of CubeSmart by 174.8% in the 2nd 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 in the last quarter. Huntington National Bank raised its stake in shares of CubeSmart by 43.3% in the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 295 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of CubeSmart in the 4th quarter worth $43,000. Finally, Global Retirement Partners LLC raised its stake in shares of CubeSmart by 95.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 591 shares in the last quarter. Institutional investors own 97.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Mizuho boosted their target price on CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. BNP Paribas Exane raised CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 target price on the stock in a research report on Wednesday, March 18th. UBS Group boosted their target price on CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Scotiabank raised CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Finally, Wells Fargo & Company boosted their target price on CubeSmart from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, CubeSmart has an average rating of “Hold” and an average price target of $43.42.

CubeSmart Stock Performance

Shares of NYSE CUBE opened at $41.31 on Tuesday. The business’s 50-day moving average price is $39.72 and its two-hundred day moving average price is $38.44. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.04 and a quick ratio of 0.04. CubeSmart has a one year low of $35.09 and a one year high of $43.63. The company has a market capitalization of $9.35 billion, a P/E ratio of 29.09, a price-to-earnings-growth ratio of 7.24 and a beta of 1.09.

CubeSmart (NYSE:CUBE) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $275.25 million. During the same quarter in the previous year, the company posted $0.64 earnings per share. The business’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. Analysts anticipate that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

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

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.