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 Wednesday, February 19th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.33 per share on Wednesday, April 15th. This represents a $1.32 annualized dividend and a yield of 4.06%. The ex-dividend date is Tuesday, March 31st. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) released its quarterly earnings data 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 the consensus estimate of $164.01 million. CubeSmart had a return on equity of 9.55% and a net margin of 26.26%. The business's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 EPS. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for CubeSmart.

CubeSmart issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of $1.67-1.71 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.72.

8 Wall Street analysts have issued twelve-month price objectives for CubeSmart's shares. Their forecasts range from $28.00 to $36.00. On average, they anticipate CubeSmart's stock price to reach $32.67 in the next twelve months. This suggests a possible upside of 0.6% 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.

Media headlines about CUBE stock have trended neutral this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CubeSmart earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for CubeSmart.

CubeSmart saw a decrease in short interest in 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 presently 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), Ventas (VTR), Weyerhaeuser (WY), 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), NVIDIA (NVDA), Micron Technology (MU), Chipotle Mexican Grill (CMG), KB Home (KBH), Simon Property Group (SPG), Starbucks (SBUX) and AbbVie (ABBV).

CubeSmart's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 $32.48.

CubeSmart has a market capitalization of $6.29 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 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.