CubeSmart (CUBE) Q3 FFO Aligns with Expectations
Quarterly Performance: CubeSmart reported quarterly funds from operations (FFO) of $0.65 per share, matching the Zacks Consensus Estimate, but down from $0.67 per share a year ago. The company also posted revenues of $285.08 million, exceeding estimates by 1.48%.
Market Comparison: CubeSmart shares have declined by 6.5% since the start of the year, contrasting with a 17.2% gain in the S&P 500, raising questions about the stock's future performance.
Estimate Revisions: The estimate revisions trend for CubeSmart is currently mixed, resulting in a Zacks Rank #3 (Hold), indicating expected performance in line with the market. The consensus FFO estimate for the next quarter is $0.65.
Industry Outlook: The REIT and Equity Trust - Other industry, to which CubeSmart belongs, is ranked in the top 34% of Zacks industries, suggesting a favorable outlook that could impact CubeSmart's stock performance.
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- Solventum Upgrade: Keybanc analyst Brett Fishbin upgraded Solventum Corp (NYSE:SOLV) from Sector Weight to Overweight with a price target of $97, indicating confidence in its growth potential, closing at $78.91 on Friday.
- National Storage Improvement: Wolfe Research analyst Keegan Carl upgraded National Storage Affiliates Trust (NYSE:NSA) from Underperform to Peer Perform, closing at $32.68 on Friday, reflecting market recognition of its operational performance.
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Dividend Yield and Price Target: National Storage Affiliates Trust (NYSE:NSA) is listed among 15 dividend stocks expected to yield over 4% in 2025, but Mizuho has lowered its price target for the stock from $34 to $30 while maintaining a Neutral rating.
Business Model and Strategy: The company operates by managing strong regional brands rather than consolidating properties under one brand, and is shifting to a more focused strategy to strengthen core brands, reduce costs, and enhance returns.
Quarterly Performance: NSA reported mixed quarterly earnings with revenues of $188 million, a 2.54% decline year-over-year, and a same-store occupancy rate of 84.5%, down 140 basis points from the previous year.
Recent Developments: The company announced the acquisition of two self-storage properties for approximately $32 billion and declared a consistent quarterly dividend of $0.57 per share on November 13.
Morgan Stanley Upgrade: On December 5, 2025, Morgan Stanley upgraded National Storage Affiliates Trust (NYSE:NSA) from Underweight to Equal-Weight, indicating a more favorable outlook for the company.
Price Target and Revenue Projections: The average one-year price target for NSA is $34.37/share, suggesting a 16.05% upside from its current price of $29.62/share, with projected annual revenue increasing by 32.82% to $985 million.
Institutional Ownership Trends: There are 663 funds reporting positions in NSA, with a 6.75% decrease in ownership over the last quarter, while the average portfolio weight dedicated to NSA increased by 11.20%.
Shareholder Activity: Long Pond Capital increased its holdings in NSA by 35.03%, while other firms like Balyasny Asset Management and Prudential Financial reduced their allocations significantly over the last quarter.
Market Sentiment on Stocks: The article discusses a contrarian approach to Wall Street analysts' ratings, highlighting that 80% of the market is currently rated as a Buy, which raises caution among contrarians who prefer to invest when analysts are bearish.
Real Estate Investment Trusts (REITs) Performance: It reviews two REITs, National Storage Affiliates Trust and Alexander's, both facing challenges such as declining earnings and high dividend payouts, despite their historical resilience in the market.
Robert Half's Struggles: The staffing company Robert Half has seen its stock plummet due to market conditions and concerns over AI's impact on jobs, leading to a significant increase in its dividend yield, but also raising questions about dividend sustainability.
Cricut's Dividend Strategy: Cricut, a crafting company, has introduced a high dividend yield despite declining profits, which raises concerns about its long-term growth potential, especially in a challenging retail environment.

Dividend History: The article presents a dividend history chart for National Storage Affiliates Trust's 6.000% Series B Cumulative Redeemable Preferred Shares (NSA.PRB).
Current Trading Performance: As of Wednesday, NSA.PRB shares are down approximately 0.9%, while the common shares (NSA) have decreased by about 1.8%.
Market Insights: The article mentions a link to discover the 50 highest yielding preferred stocks.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Dividend Predictability: Dividend amounts are generally unpredictable and fluctuate based on a company's profitability.
National Storage Affiliates Trust: Analyzing the historical dividend chart for National Storage Affiliates Trust (NSA) can provide insights into the likelihood of maintaining an 8% annual yield.
Investment Opportunities: There is a mention of other dividend stocks that have recently become available for purchase.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.










