$CUBE

BMO raised its 2026 forecasts for the self-storage sector, citing strong Q2 results. Same-store revenue and net operating income estimates increased by 30 and 60 basis points, respectively. BMO upgraded Extra Space Storage to outperform, while downgrading SmartStop to market perform. The sector faces negative releasing spreads but improving supply conditions. Housing market weakness and regulatory scrutiny remain concerns.

CubeSmart (CUBE) reported Q2 2026 non-GAAP FFO of $0.63 per diluted share, down 3.1% from $0.65 a year earlier. Same-store revenue rose 0.8% YoY, while same-store operating expenses grew 4.4%, pushing same-store NOI down 0.7%. Full-year 2026 FFO guidance was raised to $2.54-$2.60. The company agreed to a Heitman JV contributing $197M of assets and declared a $0.53 dividend.

RBC Capital analyst Michael Carroll kept Omega Healthcare (OHI) at Hold with a $51.00 price target; shares closed at $48.69. TipRanks shows a Hold consensus and a $52.91 average target. For Cubesmart (CUBE), RBC analyst Brad Heffern maintained Buy with a $47.00 target; shares closed at $41.95. Barclays also kept Buy at $46.00.

CubeSmart reported Q2 2026 results and said same-store revenues turned positive in H1, with positive earnings growth expected in H2. Management raised full-year same-store revenue guidance to 0.5% to 1.25%. July occupancy rose 30 bps to 91.1% as rentals were up 3% and vacates down 3%. It also announced a Titan JV and $75.8M buybacks.

Analyst firms issued multiple calls on US and global stocks. Examples include DA Davidson initiating AGCO Buy with a $160 target, Wells Fargo initiating X4 Pharmaceuticals Overweight, and Morgan Stanley reiterating SpaceX and Nvidia as Overweight. Seagate was upgraded to Overweight by Wells Fargo, while Shopify and Twilio were upgraded by Stifel. UBS reiterated Chipotle as Buy ahead of 7/29 earnings.

Barclays upgraded CubeSmart to Overweight from Equal Weight and raised its price target to $46 from $45, citing improving move-in trends and stronger pricing power. It downgraded Public Storage to Equal Weight from Overweight, keeping its $349 target unchanged. Barclays maintained Overweight on Extra Space Storage and lifted its target to $172 from $170, expecting a gradual self-storage recovery as supply eases.

MARR CHRISTOPHER P (CEO) sold 108,932 shares of CubeSmart (CUBE) at $42.24 ($4.60M total) on 2026-06-10.

Jefferies Financial Group bought 42,634 shares of CubeSmart (NYSE:CUBE) in Q4, worth about $1.54 million, according to Holdings Channel. Other institutional investors also increased stakes. Analysts cited include RBC’s $46 target and Wells Fargo’s $39 target. CubeSmart reported Q1 EPS of $0.36 vs $0.34 expected and revenue of $281.93 million. A $0.53 quarterly dividend is set for July 15.

Davis Selected Advisers has initiated a new position in CubeSmart (NYSE:CUBE), purchasing over 90,000 shares valued at approximately $3.28 million in the fourth quarter. This comes amidst mixed signals for CubeSmart, including slightly beating Q1 earnings and revenue estimates but issuing cautious guidance for Q2 and FY2026, leading to a consensus "Hold" rating from analysts. Concerns exist regarding the sustainability of its 5.3% dividend yield due to an elevated payout ratio of 146.21%.

CubeSmart (CUBE) has projected its Q2 earnings per share to be between 38 to 40 cents, surpassing the consensus estimate of 35 cents. The company, a self-storage REIT with a market cap of $9.23 billion, shows strong profitability and growth with a GF Score of 88/100, though financial strength and insider selling raise minor concerns. This outlook reflects its strategic market positioning and operations primarily in high-demand states.