NYSE:CUBE - CubeSmart Stock Price, Forecast & News

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

CubeSmart declared a quarterly dividend on Monday, December 16th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.33 per share on Wednesday, January 15th. This represents a $1.32 annualized dividend and a yield of 4.21%. The ex-dividend date is Tuesday, December 31st. This is an increase from CubeSmart's previous quarterly dividend of $0.32. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings results on Thursday, October, 24th. The real estate investment trust reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.43 by $0.21. The real estate investment trust earned $166.55 million during the quarter, compared to analysts' expectations of $164.01 million. CubeSmart had a net margin of 28.58% and a return on equity of 9.98%. CubeSmart's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for CubeSmart.

8 equities research analysts have issued 12-month price objectives for CubeSmart's shares. Their forecasts range from $28.00 to $36.00. On average, they expect CubeSmart's share price to reach $32.67 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for CubeSmart.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

News stories about CUBE stock have trended extremely negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of -4.3 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 effect on the stock's share price in the next several days. View News Stories for CubeSmart.

CubeSmart saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 6,560,000 shares, a decrease of 17.6% from the January 15th total of 7,960,000 shares. Based on an average trading volume of 1,830,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.4% of the company's stock are sold short. View CubeSmart's Current Options Chain.

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), EPR Properties (EPR), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) and Sabra Health Care REIT (SBRA).

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

CubeSmart's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (10.10%), Alliancebernstein L.P. (3.98%), Principal Financial Group Inc. (3.89%), State Street Corp (3.76%), PGGM Investments (3.67%) and Lasalle Investment Management Securities LLC (2.10%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, 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 Russell Investments Group Ltd., Alliancebernstein L.P., Resolution Capital Ltd, State Street Corp, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Cohen & Steers Inc. and Marshall Wace LLP. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jeffrey P Foster 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 FMR LLC, PGGM Investments, Echo Street Capital Management LLC, Brookfield Public Securities Group LLC, Bank of America Corp DE, Credit Suisse AG, Schroder Investment Management Group and Lasalle Investment Management Securities LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $31.37.

CubeSmart has a market capitalization of $6.07 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.View Additional Information About CubeSmart.

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.