CubeSmart (NYSE:CUBE) Receives $43.55 Consensus PT from Brokerages

CubeSmart (NYSE:CUBE) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $43.4545.

A number of analysts recently commented on CUBE shares. UBS Group upped their price objective on CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. Wells Fargo & Company boosted their price target on CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Truist Financial boosted their price target on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Barclays upgraded shares of CubeSmart from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $45.00 to $46.00 in a research note on Friday, July 10th. Finally, Mizuho dropped their price objective on shares of CubeSmart from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Wednesday.

Institutional Investors Weigh In On CubeSmart

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CUBE. Wiser Advisor Group LLC purchased a new position in CubeSmart during the third quarter valued at approximately $28,000. Essential Partners LLC grew its position in shares of CubeSmart by 594.7% during 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 in the last quarter. Geneos Wealth Management Inc. increased its stake in 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 acquiring an additional 568 shares during the last quarter. SJS Investment Consulting Inc. bought a new position in shares of CubeSmart during the 1st quarter valued at approximately $42,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of CubeSmart in the fourth quarter valued at $43,000. Institutional investors own 97.61% of the company’s stock.

CubeSmart Stock Up 0.6%

CubeSmart stock opened at $39.70 on Tuesday. CubeSmart has a 12 month low of $35.09 and a 12 month high of $43.26. The stock has a fifty day simple moving average of $40.99 and a two-hundred day simple moving average of $39.98. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 1.34. The firm has a market cap of $8.94 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 6.49 and a beta of 1.05.

CubeSmart (NYSE:CUBE) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.25). The business had revenue of $286.49 million during the quarter, compared to analysts’ expectations of $281.12 million. CubeSmart had a return on equity of 12.35% and a net margin of 29.41%.CubeSmart’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS. CubeSmart has set its Q3 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.600 EPS. Equities analysts predict that CubeSmart will post 2.57 EPS for the current fiscal year.

CubeSmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Thursday, October 1st. CubeSmart’s dividend payout ratio is 146.21%.

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.