CubeSmart (NYSE:CUBE) Receives Consensus Recommendation of “Hold” from Analysts

Shares of CubeSmart (NYSE:CUBE) have received an average rating of “Hold” from the fourteen ratings firms that are covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $43.1818.

A number of analysts recently weighed in on CUBE shares. Wall Street Zen raised shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Evercore set a $47.00 price objective on CubeSmart in a research report on Monday, July 6th. Scotiabank upgraded CubeSmart to a “hold” rating in a research note on Thursday, March 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $46.00 target price on shares of CubeSmart in a research report on Monday, May 4th. Finally, Truist Financial increased their target price on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th.

CubeSmart Price Performance

CUBE opened at $40.20 on Monday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a 52-week low of $35.09 and a 52-week high of $42.64. The company has a 50 day moving average of $40.30 and a two-hundred day moving average of $38.99. The company has a market cap of $9.10 billion, a P/E ratio of 28.31, a P/E/G ratio of 6.94 and a beta of 1.08.

CubeSmart (NYSE:CUBE) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The company had revenue of $281.93 million during the quarter, compared to analyst estimates of $275.25 million. During the same quarter in the prior year, the business earned $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. On average, analysts expect that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.12 annualized dividend and a yield of 5.3%. CubeSmart’s payout ratio is 149.30%.

Institutional Trading of CubeSmart

Several large investors have recently bought and sold shares of CUBE. Wiser Advisor Group LLC purchased a new stake in shares of CubeSmart during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. lifted its position in shares of 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 purchasing an additional 568 shares in the last quarter. Essential Partners LLC boosted its stake in shares of 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 period. Los Angeles Capital Management LLC purchased a new position in shares of CubeSmart in the fourth quarter valued at $43,000. Finally, SJS Investment Consulting Inc. purchased a new position in shares of CubeSmart in the first quarter valued at $42,000. Institutional investors and hedge funds 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.