Elevated Mortgage Rates May Keep CubeSmart (CUBE) Demand Muted, According to Mizuho

Group 1 - CubeSmart (NYSE:CUBE) is recognized among the 15 Dividend Stocks with a yield of over 4% for 2025 [1] - Mizuho analyst Ravi Vaidya has reduced the price target for CubeSmart from $43 to $38, maintaining a Neutral rating, citing disappointing performance expectations for 2025 [2] - The company reported positive move-in rates in its same-store portfolio for the first time since Q1 2022, attributing this to a favorable pricing environment and customer support [3] Group 2 - In Q3 2025, CubeSmart's same-store occupancy averaged 89.9%, ending at 89%, and the company opened a new development property costing $18.1 million [4] - CubeSmart added 46 stores to its third-party management platform, bringing the total to 863 managed stores [4]