CubeSmart Stock Price, News & Analysis (NYSE:CUBE)

CubeSmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUBE."

CubeSmart announced a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Tuesday, October 1st will be given a dividend of $0.32 per share on Tuesday, October 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) released its earnings results on Thursday, July, 25th. The real estate investment trust reported $0.26 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.15. The real estate investment trust had revenue of $159 million for the quarter, compared to analyst estimates of $158.86 million. CubeSmart had a return on equity of 10.19% and a net margin of 29.33%. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.41 earnings per share. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for CubeSmart.

CubeSmart will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CubeSmart issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $1.66-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67.

5 brokerages have issued 12 month target prices for CubeSmart's stock. Their forecasts range from $25.22 to $38.00. On average, they anticipate CubeSmart's share price to reach $32.64 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for CubeSmart.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media stories about CUBE stock have trended negative recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CubeSmart earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for CubeSmart.

Some companies that are related to CubeSmart include Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF) and Duke Realty (DRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include NVIDIA (NVDA), Celgene (CELG), Opko Health (OPK), Cisco Systems (CSCO), Activision Blizzard (ATVI), Micron Technology (MU), Alibaba Group (BABA), Nike (NKE), AT&T (T) and Adobe (ADBE).

CubeSmart's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Resolution Capital Ltd (0.81%), Duff & Phelps Investment Management Co. (0.79%), Gateway Investment Advisers LLC (0.11%), Jaguar Listed Property LLC (0.05%), Navellier & Associates Inc (0.04%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Jonathan L Perry and Timothy M Martin. View Institutional Ownership Trends for CubeSmart.

CUBE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Jaguar Listed Property LLC and Manning & Napier Group LLC. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jeffrey P Foster and Timothy M Martin. View Insider Buying and Selling for CubeSmart.

CUBE stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Gateway Investment Advisers LLC, Perpetual Ltd, Nisa Investment Advisors LLC, Meeder Asset Management Inc., Campbell & CO Investment Adviser LLC, Duff & Phelps Investment Management Co. and Winmill & CO. Inc.. View Insider Buying and Selling for CubeSmart.

Shares of CUBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $34.41.

CubeSmart has a market capitalization of $6.62 billion and generates $597.94 million in revenue each year. The real estate investment trust earns $163.89 million in net income (profit) each year or $1.64 on an earnings per share basis. CubeSmart employs 2,815 workers across the globe.View Additional Information About CubeSmart.

The official website for CubeSmart is http://www.cubesmart.com/.

CubeSmart's mailing address is 5 OLD LANCASTER ROAD, MALVERN PA, 19355. The real estate investment trust can be reached via phone at 610-535-5000.