NYSE:CUBE - CubeSmart Stock Price, News, & Analysis

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

CubeSmart declared a quarterly dividend on Wednesday, February 20th. Stockholders of record on Monday, April 1st will be given a dividend of $0.32 per share on Monday, April 15th. This represents a $1.28 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Friday, March 29th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) announced its earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.42. The real estate investment trust earned $134.74 million during the quarter, compared to analyst estimates of $154.27 million. CubeSmart had a return on equity of 9.74% and a net margin of 28.32%. The business's quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CubeSmart.

CubeSmart will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8775063281.

CubeSmart updated its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.67. CubeSmart also updated its FY 2019 guidance to $1.64-1.69 EPS.

7 brokers have issued 1 year target prices for CubeSmart's stock. Their forecasts range from $25.22 to $37.00. On average, they expect CubeSmart's share price to reach $31.37 in the next year. This suggests a possible upside of 0.6% from the stock's current price. 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media headlines about CUBE stock have trended very positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing 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 coverage optimism score of 3.6 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Some companies that are related to CubeSmart include SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Host Hotels and Resorts (HST), ANNALY CAP MGMT/SH (NLY), WP Carey (WPC), UDR (UDR), Vornado Realty Trust (VNO), Extra Space Storage (EXR) and Mid-America Apartment Communities (MAA).

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

CubeSmart's stock is owned by many different of institutional and retail investors. Top institutional investors include PGGM Investments (2.46%), BTIM Corp. (0.38%), Presima Inc. (0.32%), Strs Ohio (0.23%), Timbercreek Investment Management Inc. (0.15%) and Gateway Investment Advisers LLC (0.05%). Company insiders that own CubeSmart stock include Christopher P Marr, 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 Presima Inc., Eqis Capital Management Inc., Strs Ohio, Pensionfund DSM Netherlands, Quantitative Systematic Strategies LLC, Meeder Asset Management Inc., Pensionfund Sabic and First Hawaiian Bank. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jonathan L Perry 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 PGGM Investments, Timbercreek Investment Management Inc., Aurora Investment Counsel, Manning & Napier Group LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Nisa Investment Advisors LLC and BTIM Corp.. 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 $31.18.

CubeSmart has a market capitalization of $5.85 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.

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.