Focus Partners Advisor Solutions LLC Takes Position in CubeSmart $CUBE

Key Points

• Focus Partners Advisor Solutions purchased 25,658 CubeSmart shares worth approximately $1.02 million during the second quarter. Institutional investors collectively own 97.61% of the REIT.
• CubeSmart reported quarterly revenue of $286.49 million, exceeding expectations, but earnings per share of $0.39 missed the $0.64 consensus estimate. Analysts expect full-year 2026 EPS of approximately $2.57.
• The company declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing a 5.1% yield. Analysts maintain a consensus “Hold” rating with an average price target of $43.50.

Focus Partners Advisor Solutions LLC purchased a new position in CubeSmart (NYSE:CUBE - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 25,658 shares of the real estate investment trust's stock, valued at approximately $1,020,000.

Other institutional investors also recently added to or reduced their stakes in the company. Wiser Advisor Group LLC bought a new stake in shares of CubeSmart in the 3rd quarter worth approximately $28,000. Essential Partners LLC grew its holdings in CubeSmart by 594.7% during the first quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 779 shares during the period. Geneos Wealth Management Inc. increased its position 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 buying an additional 568 shares during the last quarter. SJS Investment Consulting Inc. purchased a new stake in CubeSmart in the first quarter worth $42,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of CubeSmart in the fourth quarter valued at $43,000. Institutional investors own 97.61% of the company's stock.

CubeSmart Price Performance

Shares of NYSE CUBE opened at $41.54 on Monday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.07 and a current ratio of 0.07. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. The stock has a market cap of $9.35 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 6.82 and a beta of 1.07. The stock has a fifty day moving average of $41.13 and a 200-day moving average of $39.74.

CubeSmart (NYSE:CUBE - Get Free Report) last posted its 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 return on equity of 12.35% and a net margin of 29.41%.The firm had revenue of $286.49 million during the quarter, compared to analysts' expectations of $281.12 million. During the same quarter in the prior year, the company earned $0.65 earnings per share. The business's revenue for the quarter 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. Equities research analysts anticipate that CubeSmart will post 2.57 earnings per share for the current year.

CubeSmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, October 1st. CubeSmart's dividend payout ratio (DPR) is currently 146.21%.

Analyst Upgrades and Downgrades

CUBE has been the topic of a number of recent research reports. KeyCorp reaffirmed a "sector weight" rating on shares of CubeSmart in a research report on Tuesday, August 4th. Raymond James Financial began coverage on CubeSmart in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $44.00 price objective on the stock. Truist Financial upped their price objective on shares of CubeSmart from $41.00 to $43.00 and gave the company a "buy" rating in a report on Wednesday, June 17th. Wall Street Zen upgraded shares of CubeSmart from a "sell" rating to a "hold" rating in a research report on Saturday, May 2nd. Finally, UBS Group lifted their target price on shares of CubeSmart from $41.00 to $43.00 and gave the stock a "neutral" rating in a research note on Friday, July 10th. Six research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, CubeSmart currently has a consensus rating of "Hold" and an average price target of $43.50.

CubeSmart 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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