NYSE:CUBE - CubeSmart Stock Price, Forecast & News

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

CubeSmart declared a quarterly dividend on Monday, December 16th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.33 per share on Wednesday, January 15th. This represents a $1.32 annualized dividend and a yield of 4.00%. The ex-dividend date is Tuesday, December 31st. This is an increase from CubeSmart's previous quarterly dividend of $0.32. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) issued 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 had revenue of $166.55 million for the quarter, compared to analyst estimates of $164.01 million. The firm's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $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 brokerages have issued twelve-month price objectives for CubeSmart's stock. Their forecasts range from $28.00 to $36.00. On average, they anticipate CubeSmart's stock price to reach $32.67 in the next year. This suggests that the stock has a possible downside of 1.0%. 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 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media coverage about CUBE stock has trended neutral on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CubeSmart earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news coverage 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 stock's share price in the near future. View News Stories for CubeSmart.

CubeSmart saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 6,560,000 shares, a drop of 17.6% from the January 15th total of 7,960,000 shares. Based on an average trading volume of 1,830,000 shares, the short-interest ratio is presently 3.6 days. Currently, 3.4% of the shares of the stock are sold short. View CubeSmart's Current Options Chain.

Some companies that are related to CubeSmart include American Tower (AMT), HCP (HCP), Chesapeake Lodging Trust (CHSP), Ashford Hospitality Trust (AHT), Chatham Lodging Trust (CLDT), Corecivic (CXW), DiamondRock Hospitality (DRH), Diversified Healthcare Trust (DHC), EPR Properties (EPR), Extra Space Storage (EXR), Healthcare Realty Trust (HR), Hersha Hospitality Trust (HT), Hospitality Properties Trust (SVC), Host Hotels and Resorts (HST) and Life Storage (LSI).

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), Procter & Gamble (PG) and AbbVie (ABBV).

CubeSmart's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.10%), Principal Financial Group Inc. (3.89%), State Street Corp (3.76%), PGGM Investments (3.67%), Lasalle Investment Management Securities LLC (2.10%) and Diamond Hill Capital Management Inc. (1.75%). 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 Russell Investments Group Ltd., Resolution Capital Ltd, State Street Corp, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Cohen & Steers Inc., Marshall Wace LLP and Renaissance Technologies 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, PGGM Investments, Echo Street Capital Management LLC, Brookfield Public Securities Group LLC, Bank of America Corp DE, Credit Suisse AG, Schroder Investment Management Group and Lasalle Investment Management Securities LLC. 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 $33.00.