Lmr Partners Reduces $9M in CubeSmart ($CUBE)

Key Points

  • Lmr Partners changed its CubeSmart ($CUBE) stake by 44.96% last quarter, cutting to 276,311 shares worth $10.99 million.
  • Wall Street's consensus rating on $CUBE is Buy and an average price target of $44.12.
  • $CUBE last traded around $39.77.

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Lmr Partners reduced its position in CubeSmart ($CUBE) by 44.96% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 276,311 shares of CubeSmart after selling 225,750 shares during the quarter. Lmr Partners's holdings in CubeSmart were worth $10.99 million as of its most recent filing.

CubeSmart Stock Down 0.6%

Shares of CubeSmart ($CUBE) traded around $39.77 on Saturday, down 0.6% for the day.

Last price$39.77
Market cap$8.96B
P/E ratio27.21
Forward P/E25.71
PEG ratio5.33
Beta1.06
52-week low$35.09
52-week high$43.26
50-day MA$41.03
200-day MA$39.05
Current ratio0.10
Quick ratio0.07
Debt-to-equity1.34

CubeSmart Earnings

EPS (ttm)$1.46
Revenue (ttm)$1.14B
Revenue growth1.50%
Net margin29.33%
Return on equity12.03%
Next earningsOct 29, 2026

CubeSmart Dividend

Annual dividend$2.12
Dividend yield530%
Payout ratio143.54%
Ex-dividend dateOct 1, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$44.12
High target$48
Low target$40
Analysts covering16

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 2026 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. CubeSmart was incorporated in 2004 in Maryland and is based in Malvern, Pennsylvania.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Industrial
HeadquartersMalvern, PA
CEOMr. Christopher P. Marr
Employees3,121

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