Quantinno Capital Management LP lifted its stake in CubeSmart (NYSE:CUBE – Free Report) by 115.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 808,353 shares of the real estate investment trust’s stock after buying an additional 432,415 shares during the period. Quantinno Capital Management LP’s holdings in CubeSmart were worth $29,626,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wiser Advisor Group LLC bought a new stake in shares of CubeSmart in the 3rd quarter valued at about $28,000. Geneos Wealth Management Inc. grew its position in CubeSmart by 174.8% during 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. Los Angeles Capital Management LLC bought a new position in CubeSmart during the 4th quarter worth approximately $43,000. SJS Investment Consulting Inc. purchased a new position in CubeSmart in the 1st quarter worth approximately $42,000. Finally, Steward Partners Investment Advisory LLC increased its stake in CubeSmart by 101.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,208 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 608 shares during the period. Institutional investors own 97.61% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have weighed in on the company. Truist Financial boosted their price objective on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $46.00 target price on shares of CubeSmart in a report on Monday, May 4th. Mizuho lifted their target price 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. UBS Group upped their price target on shares of CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Finally, Raymond James Financial assumed coverage on shares of CubeSmart in a research report on Wednesday, July 15th. They set an “outperform” rating and a $44.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $43.42.
CubeSmart Trading Up 0.8%
Shares of CUBE opened at $41.56 on Friday. The firm’s 50-day moving average price is $40.79 and its 200-day moving average price is $39.53. The firm has a market capitalization of $9.41 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 7.13 and a beta of 1.08. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a 1-year low of $35.09 and a 1-year high of $43.26.
CubeSmart (NYSE:CUBE – Get Free Report) last announced its quarterly earnings results 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 net margin of 29.41% and a return on equity of 12.19%. The company 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 EPS. 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. Sell-side analysts anticipate that CubeSmart will post 2.58 EPS for the current year.
CubeSmart Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued 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 is 149.30%.
Key CubeSmart News
Here are the key news stories impacting CubeSmart this week:
- Positive Sentiment: CubeSmart raised its 2026 adjusted earnings guidance to $2.54-$2.60 per share. The midpoint is close to the $2.58 analyst consensus and signals continued confidence in operating performance. CubeSmart Raises 2026 Guidance After Solid Quarter
- Positive Sentiment: Second-quarter revenue reached $286.5 million, exceeding analysts’ $281.1 million estimate and increasing 1.5% year over year. The revenue beat likely helped offset concerns about weaker per-share results. CubeSmart Second-Quarter Earnings
- Positive Sentiment: Management projected third-quarter 2026 earnings of $0.64-$0.66 per share, broadly in line with the $0.65 consensus estimate, suggesting results are expected to remain stable. CubeSmart Reports Second Quarter 2026 Results
- Neutral Sentiment: Net income attributable to common shareholders was $89.6 million. The company’s outlook and revenue performance provided a constructive signal, but operating growth remained modest. CubeSmart Q2 2026 Earnings
- Negative Sentiment: Second-quarter FFO was $0.63 per share, below the $0.64 consensus and down from $0.65 a year earlier. Reported EPS of $0.39 also missed the $0.64 analyst estimate, creating a potential headwind for the stock. CubeSmart Q2 FFO Miss Estimates
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.
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