CubeSmart $CUBE Stock Sold by Evergreen Capital Management LLC

Evergreen Capital Management LLC lessened its position in CubeSmart (NYSE:CUBE) by 61.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,377 shares of the real estate investment trust’s stock after selling 14,708 shares during the period. Evergreen Capital Management LLC’s holdings in CubeSmart were worth $352,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CUBE. HighTower Advisors LLC grew its holdings in shares of CubeSmart by 0.5% in the 2nd quarter. HighTower Advisors LLC now owns 59,947 shares of the real estate investment trust’s stock worth $2,384,000 after purchasing an additional 281 shares during the last quarter. Fifth Third Bancorp increased its position in shares of CubeSmart by 12.5% during the 1st quarter. Fifth Third Bancorp now owns 2,608 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 289 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of CubeSmart by 15.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,204 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 295 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in CubeSmart by 1.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 18,317 shares of the real estate investment trust’s stock valued at $688,000 after purchasing an additional 307 shares during the last quarter. Finally, Brown Financial Advisors lifted its holdings in CubeSmart by 5.4% during the 2nd quarter. Brown Financial Advisors now owns 6,516 shares of the real estate investment trust’s stock valued at $259,000 after purchasing an additional 336 shares during the last quarter. Institutional investors and hedge funds own 97.61% of the company’s stock.

Trending Headlines about CubeSmart

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: CubeSmart reported third-quarter 2026 funds from operations (FFO) of $0.66 per share, exceeding the consensus estimate of $0.65 and rising from $0.65 a year earlier. Revenue also increased year over year and topped expectations, supporting the REIT’s core operating performance. CubeSmart Surpasses Q3 FFO and Revenue Estimates
• Positive Sentiment: Management raised its 2026 guidance, signaling improved confidence in the company’s earnings outlook and likely providing the main bullish catalyst for the stock. CubeSmart Boosts Q3 Earnings and Raises 2026 Guidance
• Positive Sentiment: CubeSmart secured a new $300 million term loan facility. The additional liquidity may support capital needs, acquisitions or balance-sheet management, although it also adds borrowing capacity and related interest obligations. CubeSmart Secures New $300 Million Term Loan Facility
• Neutral Sentiment: The company’s third-quarter revenue was approximately $294 million, up 3.1% year over year and above the $287 million consensus estimate. CubeSmart Reports Third Quarter 2026 Results
• Negative Sentiment: Reported GAAP EPS of $0.42 missed the $0.65 analyst consensus and declined from $0.65 in the prior-year quarter. The earnings miss remains a risk, particularly given CubeSmart’s elevated leverage and the higher interest-rate sensitivity typical of REITs. CubeSmart Earnings Report

CubeSmart Price Performance

Shares of CUBE opened at $42.66 on Friday. The stock has a market cap of $9.61 billion, a P/E ratio of 28.25, a price-to-earnings-growth ratio of 7.23 and a beta of 1.05. The stock’s 50-day moving average price is $39.16 and its two-hundred day moving average price is $39.58. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 1.34. CubeSmart has a 1 year low of $35.09 and a 1 year high of $43.26.

CubeSmart (NYSE:CUBE) last released its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.23). The business had revenue of $293.97 million for the quarter, compared to the consensus estimate of $287.28 million. CubeSmart had a net margin of 30.17% and a return on equity of 12.94%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. On average, equities analysts predict that CubeSmart will post 2.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Evercore set a $46.00 price target on shares of CubeSmart in a research report on Monday, September 21st. KeyCorp reaffirmed a “sector weight” rating on shares of CubeSmart in a research note on Tuesday, August 4th. Truist Financial began coverage on shares of CubeSmart in a report on Friday, October 2nd. They set a “buy” rating and a $41.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of CubeSmart in a research note on Tuesday, October 13th. Finally, Mizuho cut their target price on shares of CubeSmart from $42.00 to $41.00 and set a “neutral” rating for the company in a research note on Wednesday, September 2nd. Six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $42.73.

About CubeSmart

CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate investment trust that owns, operates and manages self-storage facilities in the United States. The company provides storage space for households, businesses and other customers through a portfolio serving metropolitan areas and communities across the country.

Its facilities offer a range of storage options, including traditional and climate-controlled units, as well as space for vehicles, boats and recreational vehicles at select locations.