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

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 Down 1.4%

CubeSmart stock traded down $0.58 during mid-day trading on Friday, hitting $40.21. The company's stock had a trading volume of 3,066,032 shares, compared to its average volume of 1,622,479. CubeSmart has a 52-week low of $34.24 and a 52-week high of $54.67. The firm's 50 day moving average is $40.52 and its 200 day moving average is $41.22. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market cap of $9.17 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 9.08 and a beta of 0.94.

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

CubeSmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, October 1st. CubeSmart's dividend payout ratio is currently 126.83%.

Hedge Funds Weigh In On CubeSmart

Several hedge funds have recently added to or reduced their stakes in CUBE. D. E. Shaw & Co. Inc. bought a new position in CubeSmart in the fourth quarter valued at about $379,000. Lazard Asset Management LLC boosted its holdings in CubeSmart by 29.6% during the fourth quarter. Lazard Asset Management LLC now owns 189,938 shares of the real estate investment trust's stock worth $8,138,000 after buying an additional 43,414 shares during the last quarter. Millennium Management LLC boosted its holdings in CubeSmart by 71.2% during the fourth quarter. Millennium Management LLC now owns 985,079 shares of the real estate investment trust's stock worth $42,211,000 after buying an additional 409,701 shares during the last quarter. Nuveen Asset Management LLC boosted its holdings in CubeSmart by 11.4% during the fourth quarter. Nuveen Asset Management LLC now owns 1,239,118 shares of the real estate investment trust's stock worth $53,096,000 after buying an additional 127,086 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new position in CubeSmart during the fourth quarter worth about $2,338,000. Institutional investors own 97.61% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CUBE. Wall Street Zen downgraded CubeSmart from a "hold" rating to a "sell" rating in a research note on Saturday, September 13th. Mizuho boosted their target price on CubeSmart from $39.00 to $43.00 and gave the stock a "neutral" rating in a report on Wednesday, May 28th. BMO Capital Markets upgraded CubeSmart from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $48.00 to $49.00 in a report on Friday, June 20th. Royal Bank Of Canada reduced their target price on CubeSmart from $48.00 to $47.00 and set an "outperform" rating for the company in a report on Monday, August 4th. Finally, BNP Paribas upgraded CubeSmart to a "hold" rating in a report on Tuesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $46.00.

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.