CubeSmartCUBE
CUBE
About: CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Employees: 3,104
0
Funds holding %
of 7,433 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
120% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $1.5M
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
20% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 152
6% more capital invested
Capital invested by funds: $8.92B [Q1] → $9.45B (+$525M) [Q2]
5.8% more ownership
Funds ownership: 91.73% [Q1] → 97.54% (+5.8%) [Q2]
3% more funds holding
Funds holding: 440 [Q1] → 452 (+12) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 3 (-3) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
7%
upside
Avg. target
$46
13%
upside
High target
$49
22%
upside
6 analyst ratings
2 positive
33%
4 neutral
67%
0 negative
0%
Citigroup Smedes Rose | 7%upside $43 | Neutral Maintained | 25 Aug 2025 |
Barclays Brendan Lynch | 12%upside $45 | Equal-Weight Maintained | 8 Aug 2025 |
Evercore ISI Group Steve Sakwa | 17%upside $47 | In-Line Maintained | 4 Aug 2025 |
RBC Capital Brad Heffern | 17%upside $47 | Outperform Maintained | 4 Aug 2025 |
BMO Capital Juan Sanabria | 22%upside $49 | Outperform Upgraded | 20 Jun 2025 |
Financial journalist opinion
Based on 13 articles about CUBE published over the past 30 days
Positive
Seeking Alpha
2 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Positive
Seeking Alpha
1 week ago
Inflation Fails To Chill Fed Cut Momentum
U.S. equity markets climbed to fresh record highs this week despite a jump in producer prices, but consumer inflation remained "cool enough" to keep the Fed on-course for September rate cuts. Despite the inflation uptick in July, all three major CPI and PPI metrics remained below the annualized levels seen in January preceding the initial wave of tariffs. Ahead of the Chair Powell's "farewell tour" in Jackson Hole, the inevitability of significantly easier monetary policy by mid-2026 - at the latest- has fully taken hold in recent weeks.
Neutral
GlobeNewsWire
2 weeks ago
CubeSmart Announces Pricing of 5.125% Senior Unsecured Notes Due 2035
MALVERN, Pa., Aug. 11, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today announced that its operating partnership, CubeSmart, L.P. (the “Operating Partnership”), priced an offering of $450.0 million aggregate principal amount of 5.125% senior unsecured notes due 2035 (the “Notes”) in an underwritten public offering. The Notes were priced at 98.656% of the principal amount with a yield to maturity of 5.295%. The Notes will be fully and unconditionally guaranteed by CubeSmart. The offering is expected to close on August 20, 2025, subject to the satisfaction of customary closing conditions.
Positive
Seeking Alpha
2 weeks ago
My Top 3 AI Stocks In Real Estate
Artificial intelligence is set to revolutionize the world we live in. I think that it is a major headwind for most stocks. But it could turn into a huge tailwind for certain real assets.
Negative
Seeking Alpha
3 weeks ago
Behind The (Revised) Curve
U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. The BLS payrolls report showed softer-than-expected hiring in July and the steepest two-month downward revisions to jobs growth since 2020, raising concern that the Fed may be "behind the curve." The downward revisions came days after Fed Chair Powell used it as the primary evidence for "solid" labor markets, which justified the FOMC's decision to keep rates in "restrictive" territory.
Positive
Seeking Alpha
3 weeks ago
CubeSmart Q2: Better Than Expected, Raised Guidance
CubeSmart is a self-storage unit REIT with a strong history of growth. CUBE offers a 5.35% dividend yield and has consistently raised dividends for 10 years. The company's growth strategy—new builds, acquisitions, and third-party management—plus an investment-grade balance sheet, positions it well for future rate cuts.
Neutral
Seeking Alpha
3 weeks ago
CubeSmart (CUBE) Q2 2025 Earnings Call Transcript
CubeSmart (NYSE:CUBE ) Q2 2025 Earnings Conference Call August 1, 2025 11:00 AM ET Company Participants Christopher P. Marr - CEO, President & Trustee Joshua Schutzer - VP of Finance & Head of Investor Relations Timothy M.
Positive
Benzinga
3 weeks ago
Top 3 Real Estate Stocks That May Rocket Higher In August
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Positive
Zacks Investment Research
3 weeks ago
CubeSmart (CUBE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for CubeSmart (CUBE) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 weeks ago
CubeSmart (CUBE) Beats Q2 FFO and Revenue Estimates
CubeSmart (CUBE) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to FFO of $0.64 per share a year ago.
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