CubeSmart $CUBE Shares Sold by OLD National Bancorp IN

Posted by Geri Gentry on Jun 29th, 2026

OLD National Bancorp IN decreased its position in shares of CubeSmart (NYSE:CUBE – Free Report) by 66.5% during the 1st quarter, HoldingsChannel reports. The fund owned 9,934 shares of the real estate investment trust’s stock after selling 19,683 shares during the quarter. OLD National Bancorp IN’s holdings in CubeSmart were worth $364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CUBE. Wiser Advisor Group LLC acquired a new position in CubeSmart in the 3rd quarter valued at about $28,000. Geneos Wealth Management Inc. increased its holdings in shares of CubeSmart by 174.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 568 shares during the last quarter. Huntington National Bank increased its holdings in shares of CubeSmart by 43.3% during the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 295 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of CubeSmart during the 4th quarter valued at approximately $43,000. Finally, Global Retirement Partners LLC raised its position in shares of CubeSmart by 95.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 591 shares during the period. Institutional investors and hedge funds own 97.61% of the company’s stock.

CubeSmart Stock Performance

Shares of CUBE stock opened at $41.21 on Monday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04. The firm has a market cap of $9.33 billion, a P/E ratio of 29.02, a P/E/G ratio of 7.13 and a beta of 1.09. The firm’s 50 day moving average price is $40.14 and its 200-day moving average price is $38.68. CubeSmart has a one year low of $35.09 and a one year high of $43.63.

CubeSmart (NYSE:CUBE – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. The firm had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.25 million. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, equities research analysts predict that CubeSmart will post 2.58 EPS for the current year.

CubeSmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. CubeSmart’s payout ratio is presently 149.30%.

Analysts Set New Price Targets

Several brokerages recently weighed in on CUBE. UBS Group increased their price objective on CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Truist Financial upped their price target on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $46.00 price target on shares of CubeSmart in a report on Monday, May 4th. Finally, Barclays raised their price objective on CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $43.00.

Check Out Our Latest Analysis on CUBE

CubeSmart Profile

(Free Report)

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.