CubeSmart (NYSE:CUBE) Releases Q3 2026 Earnings Guidance

CubeSmart (NYSE:CUBE) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.640-0.660 for the period, compared to the consensus EPS estimate of 0.650. The company issued revenue guidance of -. CubeSmart also updated its FY 2026 guidance to 2.540-2.600 EPS.

Analysts Set New Price Targets

CUBE has been the topic of a number of research analyst reports. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Raymond James Financial assumed coverage on CubeSmart in a research note on Wednesday, July 15th. They set an “outperform” rating and a $44.00 target price for the company. Truist Financial lifted their price target on shares of CubeSmart from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Evercore set a $47.00 price objective on CubeSmart in a report on Monday, July 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of CubeSmart in a research report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, CubeSmart presently has a consensus rating of “Hold” and a consensus target price of $43.42.

CubeSmart Price Performance

Shares of CUBE stock traded up $0.22 during mid-day trading on Friday, hitting $41.46. 1,814,890 shares of the stock traded hands, compared to its average volume of 2,279,559. The company’s 50-day simple moving average is $40.76 and its 200-day simple moving average is $39.51. The firm has a market cap of $9.39 billion, a price-to-earnings ratio of 29.17, a price-to-earnings-growth ratio of 7.34 and a beta of 1.08. CubeSmart has a twelve month low of $35.09 and a twelve month high of $43.26. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.25). CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The business had revenue of $286.49 million during the quarter, compared to analyst estimates of $281.12 million. During the same period in the previous year, the company posted $0.65 earnings per share. CubeSmart’s revenue was up 1.5% compared to the same quarter last year. As a group, equities research analysts expect that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given 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 payout ratio is 149.30%.

CubeSmart News Roundup

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: 2026 guidance was raised. CubeSmart now expects full-year 2026 EPS of $2.54–$2.60, with the midpoint broadly in line with the $2.58 analyst consensus. Management also issued third-quarter EPS guidance of $0.64–$0.66, centered around expectations, signaling continued operating stability. CubeSmart Raises 2026 Guidance After Solid Quarter
• Positive Sentiment: Revenue exceeded expectations. Second-quarter revenue rose 1.5% year over year to $286.5 million, topping analysts’ $281.1 million estimate. The company reported $89.6 million of net income attributable to common shareholders. CubeSmart Reports Second Quarter 2026 Results
• Neutral Sentiment: The stock remains near the upper end of its annual range. CubeSmart is trading above both its 50-day and 200-day moving averages, suggesting positive technical momentum, but its valuation remains relatively demanding at roughly 29 times earnings.
• Negative Sentiment: Funds from operations missed estimates. Core FFO was $0.63 per share, below the $0.64 consensus estimate and down from $0.65 a year earlier. Reported EPS of $0.39 also fell well short of the $0.64 analyst expectation, while revenue growth remained modest. CubeSmart Q2 FFO Miss Estimates

Institutional Investors Weigh In On CubeSmart

Hedge funds have recently bought and sold shares of the business. Blair William & Co. IL purchased a new stake in shares of CubeSmart in the third quarter worth approximately $212,000. Pacific Sun Financial Corp increased its stake in shares of CubeSmart by 6.6% in the third quarter. Pacific Sun Financial Corp now owns 5,022 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 310 shares during the period. Inspire Investing LLC bought a new stake in CubeSmart in the 4th quarter valued at $141,000. Quarry LP grew its holdings in shares of CubeSmart by 469.5% during the 4th quarter. Quarry LP now owns 3,252 shares of the real estate investment trust’s stock worth $117,000 after purchasing an additional 2,681 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in CubeSmart by 70.1% in the fourth quarter. UMB Bank n.a. now owns 3,241 shares of the real estate investment trust’s stock valued at $117,000 after acquiring an additional 1,336 shares during the period. 97.61% of the stock is owned by hedge funds and other institutional investors.

CubeSmart Company Profile

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.