Brokerages Set CubeSmart (NYSE:CUBE) Price Target at $43.55

Shares of CubeSmart (NYSE:CUBE) have been given a consensus rating of “Hold” by the fourteen research firms that are currently covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $43.4545.

Several equities research analysts have issued reports on the stock. UBS Group raised their price objective on shares of CubeSmart from $41.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Wells Fargo & Company upped their target price on CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. KeyCorp reiterated a “sector weight” rating on shares of CubeSmart in a research note on Tuesday, August 4th. Mizuho dropped their price target on CubeSmart from $42.00 to $41.00 and set a “neutral” rating for the company in a report on Wednesday, September 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of CubeSmart in a research note on Wednesday, July 15th.

Institutional Investors Weigh In On CubeSmart

A number of institutional investors have recently modified their holdings of CUBE. Cetera Investment Advisers increased its position in CubeSmart by 1.6% during the second quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after acquiring an additional 265 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in CubeSmart by 4.0% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 6,964 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 269 shares during the period. HighTower Advisors LLC grew its position in shares of CubeSmart by 0.5% during the 2nd quarter. HighTower Advisors LLC now owns 59,947 shares of the real estate investment trust’s stock worth $2,384,000 after purchasing an additional 281 shares in the last quarter. Fifth Third Bancorp grew its position in shares of CubeSmart by 12.5% during the 1st quarter. Fifth Third Bancorp now owns 2,608 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 289 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of CubeSmart by 15.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,204 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 295 shares during the period. Institutional investors own 97.61% of the company’s stock.

CubeSmart Trading Up 0.0%

CUBE stock opened at $39.51 on Tuesday. CubeSmart has a one year low of $35.09 and a one year high of $43.26. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 27.25, a price-to-earnings-growth ratio of 6.50 and a beta of 1.05. The company has a fifty day moving average price of $40.93 and a two-hundred day moving average price of $39.98. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.07 and a quick ratio of 0.07.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.25). The company had revenue of $286.49 million during the quarter, compared to the consensus estimate of $281.12 million. CubeSmart had a net margin of 29.41% and a return on equity of 12.35%. CubeSmart’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.65 earnings per share. 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 anticipate that CubeSmart will post 2.57 EPS for the current year.

CubeSmart Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.4%. CubeSmart’s dividend payout ratio (DPR) is currently 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.