Truist Cuts CubeSmart (CUBE) Target, Updates REIT Outlook after Q4
View original at finance.yahoo.comTruist Cuts CubeSmart (CUBE) Target, Updates REIT Outlook after Q4 CubeSmart (NYSE:CUBE) is included among the Dividend Stock Portfolio for Income: 15 Stocks to Invest In.Truist Cuts CubeSmart (CUBE) Target, Updates REIT Outlook after Q4 On March 26, Truist Financial trimmed its price recommendation on CubeSmart (NYSE:…
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Real estate taxes, staffing costs, and higher winter-related expenses early in the year are expected to weigh on results
60% confidencePricing is expected to improve, but gradually
60% confidenceOccupancy should tighten as the year goes on
60% confidence2026 FFO per share is expected to land between $2.52 and $2.60
60% confidenceThe midpoint assumes a backdrop that looks a lot like last year
60% confidenceThere is still pressure from new supply in several markets
60% confidenceTruist adjusted its assumptions around revenue growth and expenses based on current observations
60% confidenceFewer stores will be exposed to new supply, dropping from 24% in 2025 to 19% in 2026
60% confidenceCertain AI stocks offer greater upside potential and carry less downside risk than CUBE
60% confidence