NYSE:CUBECubeSmart Stock Price, Forecast & News

CubeSmart's stock was trading at $30.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CUBE stock has decreased by 8.4% and is now trading at $28.12. View which stocks have been most impacted by Coronavirus.

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

CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for CubeSmart.

CubeSmart (NYSE:CUBE) issued its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.20. The real estate investment trust earned $164.08 million during the quarter, compared to analyst estimates of $162.56 million. CubeSmart had a return on equity of 9.53% and a net margin of 26.18%. CubeSmart's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.40 earnings per share. View CubeSmart's earnings history.

CubeSmart declared a quarterly dividend on Tuesday, May 12th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.33 per share on Wednesday, July 15th. This represents a $1.32 annualized dividend and a yield of 4.69%. The ex-dividend date is Tuesday, June 30th. View CubeSmart's dividend history.

10 equities research analysts have issued 1-year price objectives for CubeSmart's stock. Their forecasts range from $21.00 to $35.00. On average, they expect CubeSmart's stock price to reach $28.63 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View analysts' price targets for CubeSmart.

News articles about CUBE stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CubeSmart earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about CubeSmart.

Some companies that are related to CubeSmart include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include AT&T (T), Cisco Systems (CSCO), Opko Health (OPK), AbbVie (ABBV), Chipotle Mexican Grill (CMG), DIGITAL RLTY TR/SH (DLR), Micron Technology (MU), NVIDIA (NVDA), American Tower (AMT) and Intel (INTC).

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

CubeSmart's stock is owned by many different institutional and retail investors. Top institutional shareholders include Pensionfund DSM Netherlands (0.04%) and Pensionfund Sabic (0.02%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster and Timothy M Martin. View institutional ownership trends for CubeSmart.

CUBE stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, and Pensionfund Sabic. View insider buying and selling activity 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 $28.12.

CubeSmart has a market capitalization of $5.44 billion and generates $643.91 million in revenue each year. The real estate investment trust earns $169.12 million in net income (profit) each year or $1.69 on an earnings per share basis. CubeSmart employs 3,011 workers across the globe.

The official website for CubeSmart is 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 610-535-5700.