CubeSmart (NYSE:CUBE) Receives $43.50 Consensus PT from Analysts

CubeSmart (NYSE:CUBE) has been assigned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $43.50.

Several brokerages recently issued reports on CUBE. Evercore set a $47.00 price target on CubeSmart in a report on Monday, July 6th. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Wells Fargo & Company upped their target price on CubeSmart from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. 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. Finally, Raymond James Financial assumed coverage on CubeSmart in a report on Wednesday, July 15th. They set an “outperform” rating and a $44.00 target price on the stock.

Institutional Investors Weigh In On CubeSmart

A number of large investors have recently added to or reduced their stakes in CUBE. Alpine Woods Capital Investors LLC purchased a new stake in CubeSmart during the 2nd quarter worth $288,000. BlackRock Inc. acquired a new position in CubeSmart in the 2nd quarter worth $1,349,164,000. Pallas Capital Advisors LLC purchased a new position in CubeSmart in the 2nd quarter valued at about $980,000. Deutsche Bank AG purchased a new position in CubeSmart in the 2nd quarter valued at about $12,906,000. Finally, Capital Financial Group Inc. Co. ADV acquired a new stake in shares of CubeSmart during the second quarter valued at about $774,000. 97.61% of the stock is owned by institutional investors and hedge funds.

CubeSmart Trading Up 0.1%

NYSE CUBE opened at $41.80 on Friday. CubeSmart has a one year low of $35.09 and a one year high of $43.26. The company’s 50 day moving average price is $40.97 and its 200 day moving average price is $39.64. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market capitalization of $9.41 billion, a price-to-earnings ratio of 28.83, a PEG ratio of 6.87 and a beta of 1.07.

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

CubeSmart Dividend Announcement

The company 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 dividend of $0.53 per share. The ex-dividend date is Thursday, October 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. 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.