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 Wednesday, February 20th. Investors of record on Monday, April 1st will be paid a dividend of $0.32 per share on Monday, April 15th. This represents a $1.28 annualized dividend and a yield of 4.24%. The ex-dividend date is Friday, March 29th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) issued its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.42. The real estate investment trust earned $134.74 million during the quarter, compared to analysts' expectations of $154.27 million. CubeSmart had a net margin of 28.32% and a return on equity of 9.81%. The company's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. View CubeSmart's Earnings History.

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CubeSmart.

CubeSmart updated its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus estimate of $1.67. CubeSmart also updated its FY 2019 guidance to $1.64-1.69 EPS.

7 equities research analysts have issued twelve-month target prices for CubeSmart's stock. Their predictions range from $25.22 to $37.00. On average, they anticipate CubeSmart's stock price to reach $31.3171 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for CubeSmart.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Media coverage about CUBE stock has trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to CubeSmart include Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), Host Hotels and Resorts (HST), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Vornado Realty Trust (VNO), UDR (UDR), WP Carey (WPC), SINO LD LTD/S (SNLAY), Mid-America Apartment Communities (MAA) and Extra Space Storage (EXR).

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Celgene (CELG), Adobe (ADBE), Micron Technology (MU), Activision Blizzard (ATVI), Visa (V) and AbbVie (ABBV).

CubeSmart's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.60%), Principal Financial Group Inc. (3.58%), Lasalle Investment Management Securities LLC (2.39%), Cohen & Steers Inc. (1.93%), Diamond Hill Capital Management Inc. (1.66%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own CubeSmart stock include Christopher P Marr, 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Lasalle Investment Management Securities LLC, Principal Financial Group Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Northern Trust Corp and First Quadrant L P CA. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jonathan L Perry 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 Securian Asset Management Inc, BlackRock Inc., Amundi Pioneer Asset Management Inc., Commonwealth Bank of Australia, D. E. Shaw & Co. Inc., Sumitomo Mitsui Asset Management Company LTD, Geode Capital Management LLC and Los Angeles Capital Management & Equity Research 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, Scottrade, Fidelity and Charles Schwab.

One share of CUBE stock can currently be purchased for approximately $30.22.

CubeSmart has a market capitalization of $5.63 billion and generates $558.94 million in revenue each year. CubeSmart employs 2,508 workers across the globe.

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.