Evaluating CubeSmart: Insights From 4 Financial Analysts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 27 2024
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Should l Buy CUBE?
Source: Business Insider
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Analyst Views on CUBE
Wall Street analysts forecast CUBE stock price to rise
11 Analyst Rating
3 Buy
8 Hold
0 Sell
Moderate Buy
Current: 38.550
Low
37.00
Averages
41.11
High
48.00
Current: 38.550
Low
37.00
Averages
41.11
High
48.00
About CUBE
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer climate-controlled storage space for residential and commercial customers. It owns its assets and conducts its operations through the CubeSmart, L.P. (Operating Partnership), and subsidiaries of the Operating Partnership. Its customers rent storage cubes for their exclusive use, on a month-to-month basis. Additionally, some of its stores offer outside storage areas for vehicles and boats. Its stores are designed to accommodate both residential and commercial customers, with features, such as wide aisles and load-bearing capabilities for large truck access. Its customers can access their storage cubes during business hours, and some of its stores provide customers with 24-hour access. It owns about 631 self-storage properties located in 25 states and in the District of Columbia, containing an aggregate of about 45.8 million rentable square feet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CubeSmart and CBRE Acquire Self-Storage Property in $250M Venture
- Joint Acquisition: CubeSmart and CBRE Investment Management have acquired a self-storage property in Phoenix, Arizona, marking the first project in a $250 million joint venture aimed at investing in high-growth U.S. markets.
- Clear Investment Strategy: The joint venture will focus on core, core-plus, and value-add opportunities, with CubeSmart managing the property, which aims to enhance market competitiveness through effective capital deployment.
- Management Platform Strength: CubeSmart President and CEO Christopher P. Marr stated that this collaboration highlights the company's creative and disciplined approach to capital deployment while enhancing its growth potential.
- Positive Stock Reaction: CubeSmart shares rose 1.7% in morning trading, reflecting market optimism regarding the joint venture and increased investor confidence.
See More
Wall Street Analysts Adjust Ratings on Key Stocks
- Rating Downgrade: Wolfe Research analyst Andrew Rosivach downgraded Public Storage (NYSE:PSA) from Outperform to Peer Perform, reflecting a cautious outlook on the company's future growth, with shares closing at $282.63 on Friday.
- Price Target Adjustment: Morgan Stanley analyst Hamza Fodderwala downgraded Varonis Systems Inc (NASDAQ:VRNS) from Overweight to Equal-Weight and lowered the price target from $44 to $41, indicating concerns about its profitability, with shares closing at $34.95 on Friday.
- Rating Change: Canaccord Genuity analyst Brian McNamara downgraded Lifetime Brands Inc (NASDAQ:LCUT) from Buy to Hold and cut the price target from $4 to $3.5, reflecting a conservative outlook on its market performance, with shares closing at $3.89 on Friday.
- Rating and Price Target Adjustment: DA Davidson analyst Peter Winter downgraded BOK Financial Corp (NASDAQ:BOKF) from Buy to Neutral while raising the price target from $125 to $135, indicating confidence in its future stability, with shares closing at $132.12 on Friday.
See More
CubeSmart Announces $2.08 Tax Allocation for 2025 Distributions
- Distribution Overview: CubeSmart announced a total distribution of $2.08 per share for 2025, with an ordinary dividend of $1.836104, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Payment Schedule: The record dates for the four distributions in 2025 are January 2, April 1, July 1, and October 1, with payment dates on January 16, April 15, July 15, and October 15, ensuring timely returns for shareholders.
- Tax Treatment Note: According to tax regulations, the fourth quarter 2025 distribution is considered a 2026 distribution for federal income tax purposes, which may impact shareholders' tax planning and requires attention to related tax implications.
- Company Background: CubeSmart is a self-administered real estate investment trust managing 1,514 self-storage properties, ranking among the top three operators in the U.S. self-storage market, showcasing its leadership position in the industry.
See More
Sony Group Increases Stake in Peanuts Holdings, Stock Considered Undervalued
- Increased Stake in Peanuts: Sony Group announced plans to increase its ownership in Peanuts Holdings by acquiring approximately 41% from WildBrain, thereby enhancing its market position in the entertainment sector and potentially driving future revenue growth.
- Positive Market Reaction: Following Jim Cramer's endorsement, Sony's stock rose by 0.6% to $25.18, reflecting market confidence in the company's acquisition strategy and future prospects.
- CubeSmart Rating Downgrade: UBS analyst Michael Goldsmith maintained a Neutral rating on CubeSmart while lowering the price target from $38 to $37, indicating concerns over the company's growth potential that may impact its stock performance.
- CubeSmart Stock Slightly Up: Despite the rating downgrade, CubeSmart shares gained 0.6% to settle at $37.90, suggesting that investors remain cautiously optimistic about its short-term performance.
See More
CubeSmart Lacks Growth; Sony Stock Considered Undervalued
- CubeSmart Underperformance: CubeSmart is criticized for lacking growth, with analysts suggesting there are better investment options available, which may lead investors to reassess their holdings and impact its market performance.
- Sony Stock Undervalued: Analysts consider Sony's stock undervalued and recommend buying, which could attract more investor attention and potentially drive up its stock price, improving market confidence.
- Jim Cramer's Investment Advice: Renowned investor Jim Cramer endorses Sony on his show, highlighting its investment value, which may influence retail investors' decisions and increase demand for Sony shares.
- Market Reaction Expectations: The contrasting evaluations of CubeSmart's negative outlook and Sony's positive recommendation may lead investors to reallocate assets between the two, affecting overall market dynamics.
See More
CubeSmart (CUBE) Offers August 2026 Options
Put Contract Overview: The $35.00 put contract has a bid of $1.00, allowing investors to buy CUBE shares at a cost basis of $34.00, which is a 3% discount from the current price of $36.24. There is a 58% chance the contract may expire worthless, offering a potential 2.86% return on cash commitment.
Call Contract Overview: The $37.50 call contract has a bid of 55 cents, enabling investors to sell CUBE shares at that price if they purchase at $36.24. This could yield a total return of 4.99% if the stock is called away, with a 55% chance of the contract expiring worthless, providing a 1.52% additional return.
Volatility Insights: The implied volatility for the put contract is 26% and for the call contract is 25%, while the actual trailing twelve-month volatility is calculated at 24%, based on the last 250 trading days.
YieldBoost Concept: The article discusses the concept of YieldBoost, highlighting potential returns from both put and call contracts, and encourages investors to track the changing odds and trading history on Stock Options Channel's website.
See More
CubeSmart and CBRE Acquire Self-Storage Property in $250M Venture
- Joint Acquisition: CubeSmart and CBRE Investment Management have acquired a self-storage property in Phoenix, Arizona, marking the first project in a $250 million joint venture aimed at investing in high-growth U.S. markets.
- Clear Investment Strategy: The joint venture will focus on core, core-plus, and value-add opportunities, with CubeSmart managing the property, which aims to enhance market competitiveness through effective capital deployment.
- Management Platform Strength: CubeSmart President and CEO Christopher P. Marr stated that this collaboration highlights the company's creative and disciplined approach to capital deployment while enhancing its growth potential.
- Positive Stock Reaction: CubeSmart shares rose 1.7% in morning trading, reflecting market optimism regarding the joint venture and increased investor confidence.
See More
Wall Street Analysts Adjust Ratings on Key Stocks
- Rating Downgrade: Wolfe Research analyst Andrew Rosivach downgraded Public Storage (NYSE:PSA) from Outperform to Peer Perform, reflecting a cautious outlook on the company's future growth, with shares closing at $282.63 on Friday.
- Price Target Adjustment: Morgan Stanley analyst Hamza Fodderwala downgraded Varonis Systems Inc (NASDAQ:VRNS) from Overweight to Equal-Weight and lowered the price target from $44 to $41, indicating concerns about its profitability, with shares closing at $34.95 on Friday.
- Rating Change: Canaccord Genuity analyst Brian McNamara downgraded Lifetime Brands Inc (NASDAQ:LCUT) from Buy to Hold and cut the price target from $4 to $3.5, reflecting a conservative outlook on its market performance, with shares closing at $3.89 on Friday.
- Rating and Price Target Adjustment: DA Davidson analyst Peter Winter downgraded BOK Financial Corp (NASDAQ:BOKF) from Buy to Neutral while raising the price target from $125 to $135, indicating confidence in its future stability, with shares closing at $132.12 on Friday.
See More
CubeSmart Announces $2.08 Tax Allocation for 2025 Distributions
- Distribution Overview: CubeSmart announced a total distribution of $2.08 per share for 2025, with an ordinary dividend of $1.836104, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Payment Schedule: The record dates for the four distributions in 2025 are January 2, April 1, July 1, and October 1, with payment dates on January 16, April 15, July 15, and October 15, ensuring timely returns for shareholders.
- Tax Treatment Note: According to tax regulations, the fourth quarter 2025 distribution is considered a 2026 distribution for federal income tax purposes, which may impact shareholders' tax planning and requires attention to related tax implications.
- Company Background: CubeSmart is a self-administered real estate investment trust managing 1,514 self-storage properties, ranking among the top three operators in the U.S. self-storage market, showcasing its leadership position in the industry.
See More
Sony Group Increases Stake in Peanuts Holdings, Stock Considered Undervalued
- Increased Stake in Peanuts: Sony Group announced plans to increase its ownership in Peanuts Holdings by acquiring approximately 41% from WildBrain, thereby enhancing its market position in the entertainment sector and potentially driving future revenue growth.
- Positive Market Reaction: Following Jim Cramer's endorsement, Sony's stock rose by 0.6% to $25.18, reflecting market confidence in the company's acquisition strategy and future prospects.
- CubeSmart Rating Downgrade: UBS analyst Michael Goldsmith maintained a Neutral rating on CubeSmart while lowering the price target from $38 to $37, indicating concerns over the company's growth potential that may impact its stock performance.
- CubeSmart Stock Slightly Up: Despite the rating downgrade, CubeSmart shares gained 0.6% to settle at $37.90, suggesting that investors remain cautiously optimistic about its short-term performance.
See More
CubeSmart Lacks Growth; Sony Stock Considered Undervalued
- CubeSmart Underperformance: CubeSmart is criticized for lacking growth, with analysts suggesting there are better investment options available, which may lead investors to reassess their holdings and impact its market performance.
- Sony Stock Undervalued: Analysts consider Sony's stock undervalued and recommend buying, which could attract more investor attention and potentially drive up its stock price, improving market confidence.
- Jim Cramer's Investment Advice: Renowned investor Jim Cramer endorses Sony on his show, highlighting its investment value, which may influence retail investors' decisions and increase demand for Sony shares.
- Market Reaction Expectations: The contrasting evaluations of CubeSmart's negative outlook and Sony's positive recommendation may lead investors to reallocate assets between the two, affecting overall market dynamics.
See More
CubeSmart (CUBE) Offers August 2026 Options
Put Contract Overview: The $35.00 put contract has a bid of $1.00, allowing investors to buy CUBE shares at a cost basis of $34.00, which is a 3% discount from the current price of $36.24. There is a 58% chance the contract may expire worthless, offering a potential 2.86% return on cash commitment.
Call Contract Overview: The $37.50 call contract has a bid of 55 cents, enabling investors to sell CUBE shares at that price if they purchase at $36.24. This could yield a total return of 4.99% if the stock is called away, with a 55% chance of the contract expiring worthless, providing a 1.52% additional return.
Volatility Insights: The implied volatility for the put contract is 26% and for the call contract is 25%, while the actual trailing twelve-month volatility is calculated at 24%, based on the last 250 trading days.
YieldBoost Concept: The article discusses the concept of YieldBoost, highlighting potential returns from both put and call contracts, and encourages investors to track the changing odds and trading history on Stock Options Channel's website.
See More
