NYSE:CUBE - CubeSmart Stock Price, Forecast & News

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

CubeSmart announced a quarterly dividend on Monday, December 16th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.33 per share on Wednesday, January 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Tuesday, December 31st. This is a positive change from CubeSmart's previous quarterly dividend of $0.32. 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 9.98% and a net margin of 28.58%. The business's quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for CubeSmart.

CubeSmart will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued twelve-month target prices for CubeSmart's stock. Their forecasts range from $28.00 to $38.50. On average, they anticipate CubeSmart's share price to reach $33.08 in the next twelve months. This suggests a possible upside of 5.1% 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 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media stories about CUBE stock have trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CubeSmart earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for CubeSmart.

Some companies that are related to CubeSmart include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) 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), Micron Technology (MU), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), KB Home (KBH), Starbucks (SBUX), AbbVie (ABBV) and Procter & Gamble (PG).

CubeSmart's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PGGM Investments (3.67%), Boston Trust Walden Corp (0.38%), Gateway Investment Advisers LLC (0.15%), Nisa Investment Advisors LLC (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%) and State of Alaska Department of Revenue (0.03%). 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 Zurcher Kantonalbank Zurich Cantonalbank and Nisa Investment Advisors LLC. 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 PGGM Investments, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Pennsylvania Trust Co, Boston Trust Walden Corp, Janney Montgomery Scott LLC, Steward Partners Investment Advisory LLC and Empire Life Investments 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, Robinhood, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $31.48.

CubeSmart has a market capitalization of $6.09 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.