CubeSmart (NYSE:CUBE) Updates Q3 2026 Earnings Guidance

CubeSmart (NYSE:CUBE) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share 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.

CubeSmart Stock Up 0.8%

CubeSmart stock opened at $41.56 on Friday. The company has a 50 day moving average of $40.79 and a 200-day moving average of $39.53. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a twelve month low of $35.09 and a twelve month high of $43.26. The stock has a market capitalization of $9.41 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 7.13 and a beta of 1.08.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.25). The company had revenue of $286.49 million for the quarter, compared to analyst estimates of $281.12 million. CubeSmart had a return on equity of 12.19% and a net margin of 29.41%.The company’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. CubeSmart has set its Q3 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.600 EPS. On average, equities research analysts anticipate that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.12 annualized dividend and a dividend yield of 5.1%. CubeSmart’s dividend payout ratio (DPR) is currently 149.30%.

Analysts Set New Price Targets

CUBE has been the topic of a number of research reports. Wells Fargo & Company boosted their price target on CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $46.00 price objective on shares of CubeSmart in a report on Monday, May 4th. Truist Financial boosted their target price on CubeSmart from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Mizuho upped their price target on CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Evercore set a $47.00 price target on shares of CubeSmart in a research note on Monday, July 6th. Six investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $43.42.

Key Stories Impacting CubeSmart

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: CubeSmart raised its 2026 adjusted earnings guidance to $2.54-$2.60 per share. The midpoint is close to the $2.58 analyst consensus and signals continued confidence in operating performance. CubeSmart Raises 2026 Guidance After Solid Quarter
• Positive Sentiment: Second-quarter revenue reached $286.5 million, exceeding analysts’ $281.1 million estimate and increasing 1.5% year over year. The revenue beat likely helped offset concerns about weaker per-share results. CubeSmart Second-Quarter Earnings
• Positive Sentiment: Management projected third-quarter 2026 earnings of $0.64-$0.66 per share, broadly in line with the $0.65 consensus estimate, suggesting results are expected to remain stable. CubeSmart Reports Second Quarter 2026 Results
• Neutral Sentiment: Net income attributable to common shareholders was $89.6 million. The company’s outlook and revenue performance provided a constructive signal, but operating growth remained modest. CubeSmart Q2 2026 Earnings
• Negative Sentiment: Second-quarter FFO was $0.63 per share, below the $0.64 consensus and down from $0.65 a year earlier. Reported EPS of $0.39 also missed the $0.64 analyst estimate, creating a potential headwind for the stock. CubeSmart Q2 FFO Miss Estimates

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC boosted its position in shares of CubeSmart by 201.5% in the fourth quarter. Millennium Management LLC now owns 2,739,600 shares of the real estate investment trust’s stock valued at $98,763,000 after acquiring an additional 1,830,993 shares during the period. Alyeska Investment Group L.P. increased its position in CubeSmart by 36.4% during the third quarter. Alyeska Investment Group L.P. now owns 4,283,952 shares of the real estate investment trust’s stock worth $174,185,000 after acquiring an additional 1,143,464 shares during the period. Tudor Investment Corp ET AL raised its stake in CubeSmart by 259.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 722,037 shares of the real estate investment trust’s stock worth $26,029,000 after purchasing an additional 521,084 shares in the last quarter. Toronto Dominion Bank acquired a new stake in CubeSmart in the 4th quarter worth about $15,916,000. Finally, Goldman Sachs Group Inc. boosted its holdings in CubeSmart by 57.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,099,134 shares of the real estate investment trust’s stock valued at $39,624,000 after purchasing an additional 401,343 shares during the period. Institutional investors 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.