CubeSmart (NYSE:CUBE) Given New $41.00 Price Target at Mizuho

CubeSmart (NYSE:CUBE) had its price target decreased by equities researchers at Mizuho from $42.00 to $41.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price target suggests a potential upside of 3.30% from the stock’s current price.

Several other analysts have also recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $47.00 price objective on shares of CubeSmart in a research report on Tuesday, August 4th. Wells Fargo & Company lifted their price target on CubeSmart from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Truist Financial increased 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. Raymond James Financial assumed coverage on CubeSmart in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $44.00 target price for the company. Finally, Barclays raised shares of CubeSmart from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $45.00 to $46.00 in a report on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $43.45.

CubeSmart Price Performance

CubeSmart stock opened at $39.69 on Wednesday. The firm has a market capitalization of $8.94 billion, a P/E ratio of 27.37, a PEG ratio of 6.53 and a beta of 1.05. CubeSmart has a one year low of $35.09 and a one year high of $43.26. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.07 and a quick ratio of 0.07. The business has a fifty day moving average price of $41.03 and a 200-day moving average price of $39.97.

CubeSmart (NYSE:CUBE) last posted 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 firm had revenue of $286.49 million for the quarter, compared to the consensus estimate of $281.12 million. CubeSmart had a return on equity of 12.35% and a net margin of 29.41%.The business’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the company 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. As a group, equities research analysts forecast that CubeSmart will post 2.57 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of CubeSmart in the 3rd quarter valued at approximately $28,000. Geneos Wealth Management Inc. grew its stake in CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 568 shares during the period. Essential Partners LLC grew its stake in CubeSmart by 594.7% in the first quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 779 shares during the period. Los Angeles Capital Management LLC bought a new position in CubeSmart in the fourth quarter worth $43,000. Finally, SJS Investment Consulting Inc. bought a new position in CubeSmart in the first quarter worth $42,000. Institutional investors own 97.61% of the company’s stock.

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.