Q1 Earnings Divergence: Housing Slumps, Restaurants Steady

What Happened

Analysts delivered mixed verdicts on REITs this week. Truist Financial trimmed its price target on CubeSmart (CUBE), a self-storage giant closely linked to housing moves, right after its Q4 results, per Yahoo Finance. Meanwhile, Realty Income (O)—the retail REIT landlord to chains like fast-food spots and big-box stores—saw its modeled fair value nudge up to $67.85 from $66.35, a 2.3% bump, as noted by Yahoo analysts.

Self-storage feels the housing pinch hard: fewer moves mean...