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 given a dividend of $0.33 per share on Wednesday, January 15th. This represents a $1.32 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend 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 results on Thursday, October, 24th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate 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. CubeSmart had a return on equity of 9.98% and a net margin of 28.58%. CubeSmart's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. 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 brokers have issued twelve-month target prices for CubeSmart's shares. 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 4.5% 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.

News articles about CUBE stock have trended somewhat negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CubeSmart earned a news sentiment score of -1.4 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 media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for CubeSmart.

CubeSmart saw a increase in short interest in January. As of January 15th, there was short interest totalling 7,960,000 shares, an increase of 10.2% from the December 31st total of 7,220,000 shares. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 4.1% 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), 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), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) 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), Procter & Gamble (PG) and AbbVie (ABBV).

CubeSmart's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (3.67%), Duff & Phelps Investment Management Co. (0.81%), Boston Trust Walden Corp (0.38%), Presima Inc. (0.23%), Strs Ohio (0.22%) and Gateway Investment Advisers LLC (0.15%). 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 Presima Inc., Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC and Eqis Capital 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 bought by a variety of institutional investors in the last quarter, including PGGM Investments, Gateway Investment Advisers LLC, Duff & Phelps Investment Management Co., State of Alaska Department of Revenue, Pennsylvania Trust Co, Boston Trust Walden Corp, Janney Montgomery Scott LLC and Steward Partners Investment Advisory 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 $31.65.

CubeSmart has a market capitalization of $6.13 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.