CubeSmart (NYSE:CUBE) Issues FY 2026 Earnings Guidance

CubeSmart (NYSE:CUBE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.520-2.600 for the period, compared to the consensus earnings per share estimate of 2.570. The company issued revenue guidance of -. CubeSmart also updated its Q2 2026 guidance to 0.620-0.640 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Barclays boosted their target price on CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday, March 5th. Wolfe Research downgraded CubeSmart from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 26th. UBS Group reduced their price objective on CubeSmart from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Wall Street Zen cut CubeSmart from a “hold” rating to a “sell” rating in a report on Sunday, March 1st. Finally, Scotiabank upgraded CubeSmart to a “hold” rating in a research note on Thursday, March 19th. Six analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CubeSmart has an average rating of “Hold” and an average price target of $43.57.

CubeSmart Price Performance

Shares of CubeSmart stock traded up $0.83 during midday trading on Thursday, reaching $40.54. The company had a trading volume of 2,518,714 shares, compared to its average volume of 2,069,916. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.24. The stock has a fifty day simple moving average of $38.84 and a 200 day simple moving average of $38.16. CubeSmart has a 1-year low of $35.09 and a 1-year high of $44.13. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 6.27 and a beta of 1.13.

CubeSmart (NYSE:CUBE) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.28. The firm had revenue of $281.93 million for the quarter, compared to analyst estimates of $275.12 million. CubeSmart had a return on equity of 11.84% and a net margin of 29.72%.The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.64 EPS. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, equities research analysts forecast that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.53 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $2.12 annualized dividend and a yield of 5.2%. CubeSmart’s dividend payout ratio (DPR) is currently 146.21%.

Insider Buying and Selling

In other CubeSmart news, insider Jeffrey P. Foster sold 23,148 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total transaction of $949,530.96. Following the completion of the sale, the insider directly owned 205,057 shares of the company’s stock, valued at approximately $8,411,438.14. The trade was a 10.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.76% of the stock is currently owned by insiders.

Institutional Trading of CubeSmart

Institutional investors and hedge funds have recently modified their holdings of the stock. Wiser Advisor Group LLC bought a new stake in CubeSmart in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. increased its holdings in CubeSmart by 174.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 568 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in CubeSmart during the 4th quarter worth about $43,000. Steward Partners Investment Advisory LLC raised its stake in shares of CubeSmart by 101.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,208 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 608 shares during the period. Finally, Global Retirement Partners LLC raised its position in CubeSmart by 95.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 591 shares during the last quarter. 97.61% of the stock is owned by 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.