NYSE:CUBE - CubeSmart Stock Price, News, & Analysis

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

CubeSmart declared a quarterly dividend on Wednesday, February 20th. Investors of record on Monday, April 1st will be given a dividend of $0.32 per share on Monday, April 15th. This represents a $1.28 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, March 29th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 EPS for the quarter, meeting the Zacks' consensus estimate of $0.42. The real estate investment trust had revenue of $134.74 million for the quarter, compared to analyst estimates of $154.27 million. CubeSmart had a return on equity of 9.74% and a net margin of 28.32%. CubeSmart's revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CubeSmart.

CubeSmart updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67. CubeSmart also updated its FY 2019 guidance to $1.64-1.69 EPS.

6 equities research analysts have issued 1 year target prices for CubeSmart's stock. Their forecasts range from $25.22 to $37.00. On average, they expect CubeSmart's stock price to reach $31.37 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for CubeSmart.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

News stories about CUBE stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CubeSmart earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days.

Some companies that are related to CubeSmart include Ventas (VTR), Realty Income (O), SBA Communications (SBAC), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), WP Carey (WPC), Vornado Realty Trust (VNO), Extra Space Storage (EXR), UDR (UDR) and Mid-America Apartment Communities (MAA).

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA), AT&T (T), Celgene (CELG), Micron Technology (MU), Adobe (ADBE), Procter & Gamble (PG), Activision Blizzard (ATVI) and Gilead Sciences (GILD).

CubeSmart's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.60%), Principal Financial Group Inc. (3.58%), Lasalle Investment Management Securities LLC (2.39%), Cohen & Steers Inc. (1.93%), Diamond Hill Capital Management Inc. (1.66%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own CubeSmart stock include Christopher P Marr, 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Lasalle Investment Management Securities LLC, American Century Companies Inc., Principal Financial Group Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC and Northern Trust Corp. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jonathan L Perry and Timothy M Martin. View Insider Buying and Selling for CubeSmart.

CUBE stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Securian Asset Management Inc, BlackRock Inc., Amundi Pioneer Asset Management Inc., Commonwealth Bank of Australia, D. E. Shaw & Co. Inc. and Sumitomo Mitsui Asset Management Company LTD. 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, Scottrade, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $31.06.

CubeSmart has a market capitalization of $5.81 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.

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.