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 Tuesday, July 23rd. Investors 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 3.63%. The ex-dividend date is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its earnings results on Thursday, July, 25th. The real estate investment trust reported $0.26 EPS for the quarter, missing the consensus estimate of $0.41 by $0.15. The real estate investment trust earned $159 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. 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 updated 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.

6 brokerages have issued 12 month price objectives for CubeSmart's shares. Their forecasts range from $25.22 to $35.00. On average, they anticipate CubeSmart's stock price to reach $30.8440 in the next year. This suggests that the stock has a possible downside of 12.5%. View Analyst Price Targets for CubeSmart.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media headlines about CUBE stock have trended positive this week, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CubeSmart earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media 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), HCP (HCP), Alexandria Real Estate Equities (ARE), 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%), Price T Rowe Associates Inc. MD (5.39%), Centersquare Investment Management LLC (2.57%), PGGM Investments (2.33%) and JPMorgan Chase & Co. (1.96%). 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., Vanguard Group Inc., Brookfield Asset Management Inc., Amundi Pioneer Asset Management Inc. and PGGM Investments. 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 $35.27.

CubeSmart has a market capitalization of $6.79 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.