CubeSmart (NYSE:CUBE) Price Target Raised to $42.00

CubeSmart (NYSE:CUBE) had its price objective boosted by stock analysts at Mizuho from $40.00 to $42.00 in a research report issued to clients and investors on Wednesday, Marketbeat reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price target indicates a potential upside of 4.77% from the company’s current price.

CUBE has been the topic of a number of other research reports. BNP Paribas Exane raised shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price objective on the stock in a research report on Wednesday, March 18th. UBS Group increased their price objective on CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $46.00 price objective on shares of CubeSmart in a research report on Monday, May 4th. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Scotiabank raised CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CubeSmart currently has an average rating of “Hold” and a consensus target price of $43.33.

CubeSmart Stock Up 0.3%

Shares of NYSE CUBE traded up $0.13 during midday trading on Wednesday, reaching $40.09. 81,617 shares of the company’s stock traded hands, compared to its average volume of 2,308,032. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 28.25, a P/E/G ratio of 6.94 and a beta of 1.11. The stock’s 50 day simple moving average is $38.76 and its 200-day simple moving average is $38.05. 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 one year low of $35.09 and a one year high of $44.13.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm had revenue of $281.93 million during the quarter, compared to analysts’ expectations of $275.25 million. During the same period in the prior year, the business posted $0.64 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. 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 predict that CubeSmart will post 2.57 EPS for the current fiscal year.

Insider Transactions at CubeSmart

In related news, insider Jeffrey P. Foster sold 23,148 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $41.02, for a total transaction of $949,530.96. Following the completion of the transaction, the insider directly owned 205,057 shares in the company, valued at $8,411,438.14. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.76% of the stock is owned by corporate insiders.

Institutional Trading of CubeSmart

Several hedge funds and other institutional investors have recently bought and sold shares of CUBE. Cetera Investment Advisers boosted its position in CubeSmart by 1.6% in the 2nd quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 265 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of 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. Crossmark Global Holdings Inc. lifted its stake in shares of CubeSmart by 1.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 16,357 shares of the real estate investment trust’s stock valued at $665,000 after purchasing an additional 282 shares during the period. Fifth Third Bancorp boosted its holdings in CubeSmart by 12.5% during the first quarter. Fifth Third Bancorp now owns 2,608 shares of the real estate investment trust’s stock worth $96,000 after buying an additional 289 shares in the last quarter. Finally, Huntington National Bank grew its position in CubeSmart by 43.3% during the third quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 295 shares during the period. 97.61% of the stock is owned by institutional investors and hedge funds.

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.