CubeSmart Stock Forecast, Price & News

CubeSmart's stock was trading at $30.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CUBE shares have increased by 15.0% and is now trading at $35.32.
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9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CubeSmart stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CUBE, but not buy additional shares or sell existing shares.
View analyst ratings for CubeSmart or view MarketBeat's top 5 stock picks.

Wall Street analysts have given CubeSmart a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CubeSmart wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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187 employees have rated CubeSmart CEO Christopher P. Marr on Glassdoor.com. Christopher P. Marr has an approval rating of 80% among CubeSmart's employees.

CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for CubeSmart.

CubeSmart (NYSE:CUBE) posted its quarterly earnings results on Thursday, November, 5th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.17. The real estate investment trust earned $172.50 million during the quarter, compared to analysts' expectations of $166.66 million. CubeSmart had a trailing twelve-month return on equity of 9.30% and a net margin of 24.83%. The firm's revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.44 earnings per share.
View CubeSmart's earnings history.

CubeSmart declared a quarterly dividend on Tuesday, December 8th. Shareholders of record on Monday, January 4th will be given a dividend of $0.34 per share on Friday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend is Thursday, December 31st. This is an increase from CubeSmart's previous quarterly dividend of $0.33.
View CubeSmart's dividend history.

CubeSmart pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.89%. CubeSmart does not yet have a strock track record of dividend growth. The dividend payout ratio of CubeSmart is 80.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CubeSmart will have a dividend payout ratio of 76.40% in the coming year. This indicates that CubeSmart may not be able to sustain their current dividend.
View CubeSmart's dividend history.

9 brokers have issued 1-year price targets for CubeSmart's shares. Their forecasts range from $25.00 to $42.00. On average, they expect CubeSmart's stock price to reach $33.20 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
View analysts' price targets for CubeSmart or view Wall Street analyst' top-rated stocks.

Some companies that are related to CubeSmart include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), Life Storage (LSI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), Sabra Health Care REIT (SBRA), PotlatchDeltic (PCH) and National Health Investors (NHI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Chipotle Mexican Grill (CMG), American Tower (AMT) and Bristol-Myers Squibb (BMY).

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 shareholders include Boston Trust Walden Corp (0.43%), Strs Ohio (0.23%), Nisa Investment Advisors LLC (0.15%), Manning & Napier Group LLC (0.06%), OLD National Bancorp IN (0.04%) and State of Alaska Department of Revenue (0.03%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Marianne M Keler 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 Manning & Napier Group LLC, and Strs Ohio. Company insiders that have sold CubeSmart company stock in the last year include Jeffrey P Foster, and Marianne M Keler.
View insider buying and selling activity for CubeSmart or view top insider-selling stocks.

CUBE stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, OLD National Bancorp IN, State of Alaska Department of Revenue, International Assets Investment Management LLC, FNY Investment Advisers LLC, IBM Retirement Fund, and Boston Trust Walden Corp.
View insider buying and selling activity for CubeSmart or or view top insider-buying stocks.

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

One share of CUBE stock can currently be purchased for approximately $35.32.

CubeSmart has a market capitalization of $6.90 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 610-535-5000.