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

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

CubeSmart announced 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 4.19%. The ex-dividend date is Friday, March 29th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) released its quarterly earnings data on Thursday, February, 21st. The real estate investment trust reported $0.42 EPS for the quarter, meeting the 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 net margin of 28.32% and a return on equity of 9.74%. The business's revenue was up 3.2% on a year-over-year basis. During the same period in the prior 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, April 25th 2019. View Earnings Estimates for CubeSmart.

CubeSmart will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8775063281.

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

7 brokerages have issued twelve-month price objectives for CubeSmart's stock. Their predictions range from $25.22 to $37.00. On average, they anticipate CubeSmart's stock price to reach $31.37 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for CubeSmart.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media stories about CUBE stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CubeSmart earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Some companies that are related to CubeSmart include SBA Communications (SBAC), Ventas (VTR), Realty Income (O), 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), Celgene (CELG), Micron Technology (MU), Opko Health (OPK), Activision Blizzard (ATVI), Cisco Systems (CSCO), Alibaba Group (BABA), Adobe (ADBE), Chipotle Mexican Grill (CMG) and Citigroup (C).

CubeSmart's stock is owned by a variety of of retail and institutional investors. Top institutional investors include PGGM Investments (2.46%), BTIM Corp. (0.38%), Presima Inc. (0.32%), Strs Ohio (0.23%), Timbercreek Investment Management Inc. (0.15%) and Gateway Investment Advisers LLC (0.05%). 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 Presima Inc., Eqis Capital Management Inc., Strs Ohio, Pensionfund DSM Netherlands, Quantitative Systematic Strategies LLC, Meeder Asset Management Inc., Pensionfund Sabic and First Hawaiian Bank. 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 bought by a variety of institutional investors in the last quarter, including PGGM Investments, Timbercreek Investment Management Inc., Aurora Investment Counsel, Manning & Napier Group LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Nisa Investment Advisors LLC and BTIM Corp.. 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 $30.54.

CubeSmart has a market capitalization of $5.73 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.