CubeSmart Stock Price, News & Analysis (NYSE:CUBE)

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

CubeSmart announced a quarterly dividend on Tuesday, July 23rd. Investors of record on Tuesday, October 1st will be given 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 3.72%. The ex-dividend date is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings data on Thursday, July, 25th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by $0.15. The real estate investment trust had revenue of $159 million for the quarter, compared to the consensus estimate of $158.86 million. CubeSmart had a net margin of 29.33% and a return on equity of 10.19%. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business 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 will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CubeSmart issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $1.66-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67.

5 Wall Street analysts have issued twelve-month price objectives for CubeSmart's shares. Their forecasts range from $25.22 to $38.50. On average, they anticipate CubeSmart's share price to reach $32.74 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for CubeSmart.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Headlines about CUBE stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a news impact score of 0.8 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for CubeSmart.

Some companies that are related to CubeSmart include Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF) and Duke Realty (DRE).

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

CubeSmart's stock is owned by a number of of retail and institutional investors. Top institutional investors include Resolution Capital Ltd (0.81%), Duff & Phelps Investment Management Co. (0.79%), Gateway Investment Advisers LLC (0.11%), Envestnet Asset Management Inc. (0.06%), Jaguar Listed Property LLC (0.05%) and Navellier & Associates Inc (0.04%). 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 State of Alaska Department of Revenue, Jaguar Listed Property LLC, Manning & Napier Group LLC, Stephens Inc. AR and Envestnet Asset Management Inc.. 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 Resolution Capital Ltd, Gateway Investment Advisers LLC, Perpetual Ltd, Nisa Investment Advisors LLC, Meeder Asset Management Inc., Tuttle Tactical Management, Campbell & CO Investment Adviser LLC and Duff & Phelps Investment Management Co.. 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 $34.39.

CubeSmart has a market capitalization of $6.62 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.