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. Stockholders 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 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Monday, September 30th. View CubeSmart's Dividend History.

CubeSmart (NYSE:CUBE) posted its quarterly earnings results on Thursday, July, 25th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.15. The real estate investment trust earned $159 million during the quarter, compared to analysts' expectations of $158.86 million. CubeSmart had a net margin of 29.33% and a return on equity of 10.19%. CubeSmart's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. 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 updated 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 estimate of $1.67.

5 analysts have issued 12 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 4.6%. 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 trended somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. 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 coverage optimism score of 1.8 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 media coverage is extremely unlikely 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 American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), Medical Properties Trust (MPW), EPR Properties (EPR), Life Storage (LSI), Sabra Health Care REIT (SBRA), Healthcare Realty Trust (HR) and Ryman Hospitality Properties (RHP).

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 institutional and retail investors. Top institutional investors include Resolution Capital Ltd (0.81%), Duff & Phelps Investment Management Co. (0.79%), Boston Trust Walden Corp (0.38%), Virginia Retirement Systems ET AL (0.23%), Strs Ohio (0.22%) and Timbercreek Investment Management Inc. (0.20%). 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, Virginia Retirement Systems ET AL, 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 acquired by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Gateway Investment Advisers LLC, Timbercreek Investment Management Inc., Perpetual Ltd, Nisa Investment Advisors LLC, Meeder Asset Management Inc., Strs Ohio and Boston Trust Walden Corp. 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 $34.33.

CubeSmart has a market capitalization of $6.61 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.