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. Shareholders 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 yield of 3.64%. The ex-dividend date of this dividend is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings data on Thursday, July, 25th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.15. The real estate investment trust had revenue of $159 million for the quarter, compared to the consensus estimate of $158.86 million. CubeSmart had a net margin of 29.33% and a return on equity of 10.19%. The business's revenue was up 7.6% on a year-over-year basis. During the same period last year, the company earned $0.41 EPS. 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 earnings per share guidance of $1.66-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.67.

7 brokers have issued 1 year price targets for CubeSmart's shares. Their forecasts range from $25.22 to $35.00. On average, they anticipate CubeSmart's stock 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 coverage about CUBE stock has been trending positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CubeSmart earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. 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 a variety of 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 purchased 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.