What is KeyCorp’s Estimate for CubeSmart FY2025 Earnings?

CubeSmart (NYSE:CUBE) – Equities researchers at KeyCorp boosted their FY2025 earnings estimates for shares of CubeSmart in a research report issued on Sunday, November 9th. KeyCorp analyst T. Thomas now expects that the real estate investment trust will earn $2.60 per share for the year, up from their prior estimate of $2.56. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for CubeSmart’s current full-year earnings is $2.64 per share. KeyCorp also issued estimates for CubeSmart’s Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.65 EPS, Q3 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.62 EPS and FY2027 earnings at $2.69 EPS.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. CubeSmart had a return on equity of 13.12% and a net margin of 35.44%.The company had revenue of $285.08 million for the quarter, compared to analysts’ expectations of $282.57 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis.

A number of other analysts have also issued reports on CUBE. Royal Bank Of Canada dropped their price target on shares of CubeSmart from $47.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, November 3rd. Deutsche Bank Aktiengesellschaft set a $45.00 target price on shares of CubeSmart and gave the stock a “buy” rating in a research report on Monday, October 13th. Wall Street Zen raised shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Sunday. UBS Group decreased their price target on CubeSmart from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Tuesday, September 16th. Finally, Barclays cut their price objective on CubeSmart from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Friday, August 8th. Seven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, CubeSmart currently has a consensus rating of “Hold” and a consensus price target of $45.94.

CubeSmart Stock Performance

CubeSmart stock opened at $37.25 on Tuesday. The stock’s 50 day moving average price is $40.25 and its 200 day moving average price is $41.14. The firm has a market capitalization of $8.49 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 8.91 and a beta of 0.99. 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 has a one year low of $34.24 and a one year high of $50.69.

Hedge Funds Weigh In On CubeSmart

Institutional investors have recently bought and sold shares of the stock. True Wealth Design LLC raised its stake in CubeSmart by 308.2% during the 2nd quarter. True Wealth Design LLC now owns 694 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 524 shares during the period. Private Trust Co. NA grew its holdings in shares of CubeSmart by 209.6% during the third quarter. Private Trust Co. NA now owns 706 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 478 shares in the last quarter. Allworth Financial LP raised its position in CubeSmart by 115.2% during the first quarter. Allworth Financial LP now owns 936 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 501 shares during the period. Geneos Wealth Management Inc. lifted its stake in CubeSmart by 174.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 568 shares in the last quarter. Finally, SJS Investment Consulting Inc. acquired a new stake in CubeSmart during the 3rd quarter worth about $42,000. Hedge funds and other institutional investors own 97.61% of the company’s stock.

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.