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 (WHO). Since then, CUBE shares have decreased by 10.6% and is now trading at $27.4350. 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, August 6th 2020. View our earnings forecast for CubeSmart.

CubeSmart will be holding an earnings conference call on Thursday, August 6th 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 (NYSE:CUBE) posted its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.40 by $0.20. The real estate investment trust earned $164.08 million during the quarter, compared to analysts' expectations of $162.56 million. CubeSmart had a net margin of 26.18% and a return on equity of 9.53%. The company's revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 earnings per share. View CubeSmart's earnings history.

CubeSmart announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.33 per share on Wednesday, July 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Tuesday, June 30th. View CubeSmart's dividend history.

10 analysts have issued twelve-month target prices 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 twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts' price targets for CubeSmart.

News stories about CUBE stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CubeSmart earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock'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), Ventas (VTR), HCP (HCP), 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 Potlatchdeltic (PCH). 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 a number of retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (0.09%), Envestnet Asset Management Inc. (0.07%), Pensionfund DSM Netherlands (0.04%), Pensionfund Sabic (0.02%) and Spirit of America Management Corp NY (0.01%). 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 sold by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., and Spirit of America Management Corp NY. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, and Timothy M Martin. View insider buying and selling activity for CubeSmart.

CUBE stock was acquired by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Envestnet Asset Management Inc., 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 $27.44.

CubeSmart has a market capitalization of $5.31 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.