CubeSmart (NYSE:CUBE) Given Average Recommendation of “Hold” by Brokerages

CubeSmart (NYSE:CUBE) has received an average rating of “Hold” from the fifteen analysts that are presently covering the firm, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $43.50.

A number of brokerages recently issued reports on CUBE. UBS Group raised their price target on CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. BNP Paribas Exane raised shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price objective for the company in a research note on Wednesday, March 18th. Barclays lifted their price objective on shares of CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Wall Street Zen raised shares of CubeSmart from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Mizuho lifted their price objective on shares of CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Wiser Advisor Group LLC purchased a new position in CubeSmart during the third quarter worth $28,000. Geneos Wealth Management Inc. boosted its stake 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. Essential Partners LLC boosted its stake in CubeSmart by 594.7% during the first quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 779 shares during the period. Huntington National Bank boosted its stake in CubeSmart by 43.3% during the third 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 during the period. Finally, Los Angeles Capital Management LLC bought a new stake in shares of CubeSmart during the fourth quarter worth $43,000. 97.61% of the stock is owned by hedge funds and other institutional investors.

CubeSmart Trading Down 2.7%

CUBE stock opened at $40.10 on Thursday. The firm has a fifty day moving average price of $39.86 and a 200 day moving average price of $38.49. 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 firm has a market cap of $9.08 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 7.11 and a beta of 1.09.

CubeSmart (NYSE:CUBE) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The firm had revenue of $281.93 million during the quarter, compared to analyst estimates of $275.25 million. During the same period last year, the firm posted $0.64 earnings per share. CubeSmart’s revenue for the quarter 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. Sell-side analysts anticipate that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 yield of 5.3%. The ex-dividend date of this dividend is Wednesday, July 1st. CubeSmart’s payout ratio is presently 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.