Mizuho Lowers CubeSmart (NYSE:CUBE) Price Target to $41.00

Key Points

• Mizuho lowered CubeSmart’s price target to $41 from $42 while maintaining a “neutral” rating, implying approximately 3.3% upside from the stock’s $39.69 opening price.
• Analyst sentiment remains mixed but generally cautious: CubeSmart has an average “Hold” rating and a consensus price target of $43.45, although Barclays and Royal Bank of Canada maintain bullish ratings.
• CubeSmart’s latest quarterly results missed EPS estimates, reporting $0.39 versus the $0.64 consensus, while revenue rose 1.5% year over year to $286.49 million. Institutional investors own 97.61% of the company’s shares.

CubeSmart (NYSE:CUBE - Get Free Report) had its price objective decreased by stock analysts at Mizuho from $42.00 to $41.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a "neutral" rating on the real estate investment trust's stock. Mizuho's price target would indicate a potential upside of 3.30% from the company's current price.

Other research analysts have also issued reports about the stock. UBS Group raised their price objective on shares of CubeSmart from $41.00 to $43.00 and gave the company a "neutral" rating in a research note on Friday, July 10th. Barclays upgraded CubeSmart from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $45.00 to $46.00 in a research note on Friday, July 10th. Weiss Ratings restated a "hold (c)" rating on shares of CubeSmart in a report on Wednesday, July 15th. KeyCorp reissued a "sector weight" rating on shares of CubeSmart in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $47.00 price objective on shares of CubeSmart in a report on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $43.45.

CubeSmart Stock Performance

Shares of CUBE opened at $39.69 on Wednesday. CubeSmart has a one year low of $35.09 and a one year high of $43.26. The company has a market cap of $8.94 billion, a PE ratio of 27.37, a P/E/G ratio of 6.53 and a beta of 1.05. The stock has a 50-day moving average of $41.03 and a 200-day moving average of $39.97. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.25). CubeSmart had a net margin of 29.41% and a return on equity of 12.35%. The firm had revenue of $286.49 million during the quarter, compared to analyst estimates of $281.12 million. During the same period last year, the business posted $0.65 EPS. The company's revenue was up 1.5% on a year-over-year basis. 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, equities research analysts predict that CubeSmart will post 2.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wiser Advisor Group LLC purchased a new position in CubeSmart in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised its stake in shares of CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust's stock valued at $38,000 after buying an additional 568 shares during the period. Essential Partners LLC lifted its position in shares of CubeSmart by 594.7% during the 1st quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 779 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of CubeSmart during the 4th quarter worth $43,000. Finally, SJS Investment Consulting Inc. purchased a new stake in CubeSmart in the 1st quarter worth about $42,000. 97.61% of the stock is owned by institutional investors.

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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