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

Key Points

• Representative Lisa C. McClain sold shares of CubeSmart (NYSE:CUBE) stock for an amount between $1,001 and $15,000 on August 13th.
• CubeSmart recently reported a quarterly earnings per share (EPS) of $0.65, surpassing analyst expectations, and its revenue increased by 6% compared to the previous year.
• The company announced a quarterly dividend of $0.52, representing an annualized dividend yield of 5.1% with the ex-dividend date set for October 1st.

Representative Lisa C. McClain (R-Michigan) recently sold shares of CubeSmart NYSE: CUBE. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in CubeSmart stock on August 13th. 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 Performance

NYSE CUBE traded down $0.58 during trading hours on Friday, hitting $40.21. The company had a trading volume of 3,066,032 shares, compared to its average volume of 1,622,479. The business has a 50 day moving average of $40.52 and a 200-day moving average of $41.21. The company has a market cap of $9.17 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 8.95 and a beta of 0.94. CubeSmart has a 1-year low of $34.24 and a 1-year high of $54.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.06 and a current ratio of 0.06.

CubeSmart (NYSE:CUBE - Get Free Report) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The business had revenue of $282.30 million during the quarter, compared to the consensus estimate of $275.71 million. CubeSmart had a return on equity of 13.12% and a net margin of 35.44%.The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $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. As a group, equities research analysts expect that CubeSmart will post 2.64 EPS for the current year.

CubeSmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders 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 is Wednesday, October 1st. CubeSmart's dividend payout ratio is currently 126.83%.

Institutional Trading of CubeSmart

Several large investors have recently modified their holdings of the business. Norges Bank acquired a new position in shares of CubeSmart during the 2nd quarter worth approximately $458,008,000. T. Rowe Price Investment Management Inc. lifted its position in shares of CubeSmart by 28.8% in the first quarter. T. Rowe Price Investment Management Inc. now owns 8,664,210 shares of the real estate investment trust's stock valued at $370,049,000 after acquiring an additional 1,937,055 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of CubeSmart by 8.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,834,955 shares of the real estate investment trust's stock valued at $291,922,000 after acquiring an additional 543,158 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of CubeSmart by 29.3% during the first quarter. JPMorgan Chase & Co. now owns 5,561,206 shares of the real estate investment trust's stock valued at $237,519,000 after acquiring an additional 1,261,746 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in CubeSmart by 0.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,092,379 shares of the real estate investment trust's stock worth $216,986,000 after purchasing an additional 27,278 shares in the last quarter. 97.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CUBE shares. Royal Bank Of Canada decreased their price objective on CubeSmart from $48.00 to $47.00 and set an "outperform" rating for the company in a report on Monday, August 4th. Wall Street Zen downgraded shares of CubeSmart from a "hold" rating to a "sell" rating in a research report on Saturday, September 13th. Barclays reduced their target price on shares of CubeSmart from $48.00 to $45.00 and set an "equal weight" rating for the company in a report on Friday, August 8th. BNP Paribas Exane started coverage on CubeSmart in a report on Tuesday, June 24th. They set a "neutral" rating and a $46.00 price target on the stock. Finally, BNP Paribas raised CubeSmart to a "hold" rating in a research note on Tuesday, June 24th. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target 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.