NYSE:CUBE - CubeSmart Stock Price, News & Analysis

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

CubeSmart announced a quarterly dividend on Tuesday, July 23rd. Stockholders of record on Tuesday, October 1st will be paid a dividend of $0.32 per share on Tuesday, October 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings results on Thursday, July, 25th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.15. The real estate investment trust had revenue of $159 million for the quarter, compared to analyst estimates of $158.86 million. CubeSmart had a return on equity of 10.19% and a net margin of 29.33%. The company's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.41 earnings per share. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for CubeSmart.

CubeSmart issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided EPS guidance of $1.66-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.67.

7 brokerages have issued 1 year target prices for CubeSmart's shares. Their predictions range from $25.22 to $35.00. On average, they expect CubeSmart's share price to reach $31.5367 in the next year. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for CubeSmart.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

News stories about CUBE stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 2.5 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for CubeSmart.

Some companies that are related to CubeSmart include DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), HCP (HCP), Extra Space Storage (EXR), WP Carey (WPC), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS) and Duke Realty (DRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include Celgene (CELG), NVIDIA (NVDA), Cisco Systems (CSCO), Opko Health (OPK), Activision Blizzard (ATVI), Micron Technology (MU), Alibaba Group (BABA), Citigroup (C), Adobe (ADBE) and Chipotle Mexican Grill (CMG).

CubeSmart's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.36%), BlackRock Inc. (6.98%), BlackRock Inc. (6.98%), Price T Rowe Associates Inc. MD (5.39%), Centersquare Investment Management LLC (2.57%) and PGGM Investments (2.33%). 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 Invesco Ltd., Echo Street Capital Management LLC, JPMorgan Chase & Co., BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Brookfield Asset Management Inc. and Amundi Pioneer Asset Management Inc.. 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 Price T Rowe Associates Inc. MD, Eaton Vance Management, Cohen & Steers Inc., Bank of America Corp DE, Marshall Wace LLP, Russell Investments Group Ltd., Schroder Investment Management Group and Commonwealth Bank of Australia. 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, Scottrade, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $35.17.

CubeSmart has a market capitalization of $6.77 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.