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 4.32%. The ex-dividend date of this dividend is Friday, March 29th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) issued its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 EPS for the quarter, meeting the consensus estimate of $0.42. The real estate investment trust had revenue of $134.74 million for the quarter, compared to analyst estimates of $154.27 million. CubeSmart had a net margin of 26.43% and a return on equity of 9.34%. CubeSmart's quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the business posted $0.41 earnings per share. View CubeSmart's Earnings History.

CubeSmart will be holding an earnings conference call on Friday, February 22nd 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 earnings per share guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67. CubeSmart also updated its FY 2019 guidance to $1.64-1.69 EPS.

7 brokers have issued 1-year price objectives for CubeSmart's shares. Their forecasts range from $25.22 to $37.00. On average, they anticipate CubeSmart's share price to reach $31.3171 in the next year. This suggests a possible upside of 5.8% 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.

News coverage about CUBE stock has trended very negative on Friday, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. 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 coverage optimism score of -3.0 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Celgene (CELG), Micron Technology (MU), Adobe (ADBE), Activision Blizzard (ATVI), Gilead Sciences (GILD) and AbbVie (ABBV).

CubeSmart's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.60%), Principal Financial Group Inc. (3.58%), Lasalle Investment Management Securities LLC (2.39%), Cohen & Steers Inc. (1.93%), Diamond Hill Capital Management Inc. (1.66%) and Dimensional Fund Advisors LP (1.54%). 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Lasalle Investment Management Securities LLC, Principal Financial Group Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Northern Trust Corp and First Quadrant L P CA. 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 bought by a variety of institutional investors in the last quarter, including Securian Asset Management Inc, BlackRock Inc., Amundi Pioneer Asset Management Inc., Commonwealth Bank of Australia, D. E. Shaw & Co. Inc., Sumitomo Mitsui Asset Management Company LTD, Geode Capital Management LLC and Los Angeles Capital Management & Equity Research Inc.. 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 $29.60.

CubeSmart has a market capitalization of $5.51 billion and generates $558.94 million in revenue each year. The real estate investment trust earns $134.28 million in net income (profit) each year or $1.59 on an earnings per share basis. CubeSmart employs 2,508 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.