NYSE:CUBE - CubeSmart Stock Price, Forecast & News

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

CubeSmart announced a quarterly dividend on Monday, December 16th. Shareholders of record on Thursday, January 2nd will be given a dividend of $0.33 per share on Wednesday, January 15th. This represents a $1.32 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend 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) announced its quarterly earnings results on Thursday, October, 24th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.43 by $0.21. The real estate investment trust had revenue of $166.55 million for the quarter, compared to the consensus estimate of $164.01 million. CubeSmart had a net margin of 28.58% and a return on equity of 9.98%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $0.43 earnings per share. 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.

CubeSmart will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 analysts have issued 1 year target prices for CubeSmart's stock. Their forecasts range from $28.00 to $36.00. On average, they anticipate CubeSmart's share price to reach $32.67 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. 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 coverage about CUBE stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CubeSmart earned a news impact score of 1.8 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 media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for CubeSmart.

CubeSmart saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 6,560,000 shares, a decline 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 short-interest ratio is currently 3.6 days. Approximately 3.4% of the shares of the 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), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) 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), Procter & Gamble (PG) and AbbVie (ABBV).

CubeSmart's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.10%), Principal Financial Group Inc. (3.89%), State Street Corp (3.76%), PGGM Investments (3.67%), Lasalle Investment Management Securities LLC (2.10%) and Diamond Hill Capital Management Inc. (1.75%). 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., Resolution Capital Ltd, State Street Corp, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Cohen & Steers Inc., Marshall Wace LLP and Renaissance Technologies LLC. 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 bought 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 $33.00.

CubeSmart has a market capitalization of $6.39 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.