Rep. Lisa C. McClain Buys CubeSmart (NYSE:CUBE) Shares

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of CubeSmart (NYSE:CUBE) on August 4th, according to a filing disclosed on September 12th.
• CubeSmart reported $0.65 EPS for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend payment of $0.52 per share, yielding 5.1%.
• The company's stock has a market cap of $9.36 billion and analysts have a mixed outlook, with seven holding buy ratings and ten assigning hold ratings.

Representative Lisa C. McClain (R-Michigan) recently bought shares of CubeSmart NYSE: CUBE. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in CubeSmart stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

CubeSmart Stock Up 0.5%

CUBE stock opened at $41.03 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.06 and a current ratio of 0.06. The stock's 50 day simple moving average is $40.62 and its 200 day simple moving average is $41.24. The company has a market cap of $9.36 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 9.09 and a beta of 0.94. CubeSmart has a fifty-two week low of $34.24 and a fifty-two week high of $55.14.

CubeSmart (NYSE:CUBE - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.02. The firm had revenue of $282.30 million during the quarter, compared to analyst estimates of $275.71 million. CubeSmart had a return on equity of 13.12% and a net margin of 35.44%.The company's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 EPS. CubeSmart has set its Q3 2025 guidance at 0.640-0.660 EPS. FY 2025 guidance at 2.540-2.600 EPS. On average, research analysts expect that CubeSmart will post 2.64 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, October 1st. CubeSmart's dividend payout ratio is 126.83%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CUBE. BNP Paribas Exane started coverage on CubeSmart in a research report on Tuesday, June 24th. They set a "neutral" rating and a $46.00 target price on the stock. UBS Group reduced their target price on CubeSmart from $45.00 to $42.00 and set a "neutral" rating on the stock in a research note on Tuesday. BMO Capital Markets raised CubeSmart from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $48.00 to $49.00 in a research note on Friday, June 20th. Evercore ISI raised CubeSmart from an "in-line" rating to an "outperform" rating and raised their price objective for the company from $47.00 to $48.00 in a research note on Monday. Finally, Royal Bank Of Canada cut their target price on CubeSmart from $48.00 to $47.00 and set an "outperform" rating on the stock in a research note on Monday, August 4th. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $46.00.

Institutional Trading of CubeSmart

Institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC lifted its holdings in CubeSmart by 19.9% in the first quarter. HighTower Advisors LLC now owns 37,160 shares of the real estate investment trust's stock worth $1,587,000 after buying an additional 6,179 shares during the period. MetLife Investment Management LLC lifted its holdings in shares of CubeSmart by 63.7% during the first quarter. MetLife Investment Management LLC now owns 219,496 shares of the real estate investment trust's stock valued at $9,375,000 after purchasing an additional 85,414 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of CubeSmart by 140.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 808,440 shares of the real estate investment trust's stock valued at $34,528,000 after acquiring an additional 472,596 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of CubeSmart during the first quarter valued at approximately $821,000. Finally, Allspring Global Investments Holdings LLC increased its position in shares of CubeSmart by 1.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,065,101 shares of the real estate investment trust's stock valued at $212,886,000 after acquiring an additional 72,513 shares in the last quarter. 97.61% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

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