CubeSmart (NYSE:CUBE) Updates FY 2026 Earnings Guidance

CubeSmart (NYSE:CUBE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.540-2.600 for the period, compared to the consensus EPS estimate of 2.580. The company issued revenue guidance of -. CubeSmart also updated its Q3 2026 guidance to 0.640-0.660 EPS.

CubeSmart Trading Down 3.0%

Shares of CubeSmart stock traded down $1.26 during trading hours on Thursday, reaching $41.17. 3,681,912 shares of the company’s stock were exchanged, compared to its average volume of 2,283,207. CubeSmart has a 52-week low of $35.09 and a 52-week high of $43.26. The company has a fifty day moving average of $40.74 and a 200-day moving average of $39.49. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 28.99, a price-to-earnings-growth ratio of 7.35 and a beta of 1.08.

CubeSmart (NYSE:CUBE) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm had revenue of $281.93 million during the quarter, compared to analyst estimates of $275.25 million. During the same period in the prior year, the firm posted $0.64 earnings per share. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. Sell-side analysts forecast that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. CubeSmart’s dividend payout ratio is currently 149.30%.

Wall Street Analyst Weigh In

CUBE has been the topic of several research analyst reports. Wall Street Zen raised shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $46.00 price target on shares of CubeSmart in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CubeSmart in a research report on Wednesday, July 15th. Evercore set a $47.00 price target on CubeSmart in a research report on Monday, July 6th. Finally, Barclays raised shares of CubeSmart from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $46.00 in a research report on Friday, July 10th. Six analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, CubeSmart has a consensus rating of “Hold” and a consensus target price of $43.42.

Institutional Trading of CubeSmart

Several large investors have recently bought and sold shares of the company. Wiser Advisor Group LLC purchased a new stake in shares of CubeSmart during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. boosted its stake in shares of CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 568 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of CubeSmart in the fourth quarter valued at $43,000. Steward Partners Investment Advisory LLC grew its stake in shares of CubeSmart by 101.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,208 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 608 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of CubeSmart by 95.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 591 shares during the last quarter. Institutional investors and hedge funds own 97.61% of the company’s stock.

About CubeSmart

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.