Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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4 analysts have shared their evaluations of CubeSmart (NYSE:CUBE) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 2 | 0 | 1 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 1 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $46.5, a high estimate of $53.00, and a low estimate of $40.00. Surpassing the previous average price target of $40.50, the current average has increased by 14.81%.
The perception of CubeSmart by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
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Brendan Lynch | Barclays | Announces | Equal-Weight | $48.00 | - |
Steve Sakwa | Evercore ISI Group | Raises | In-Line | $45.00 | $43.00 |
Omotayo Okusanya | Deutsche Bank | Announces | Sell | $40.00 | - |
Jonathan Petersen | Jefferies | Raises | Buy | $53.00 | $38.00 |
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of CubeSmart's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on CubeSmart analyst ratings.
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: CubeSmart displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 1.59%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: CubeSmart's net margin is impressive, surpassing industry averages. With a net margin of 42.5%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): CubeSmart's ROE stands out, surpassing industry averages. With an impressive ROE of 4.02%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): CubeSmart's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.81%, the company showcases efficient use of assets and strong financial health.
Debt Management: CubeSmart's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.07.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: CUBE