CubeSmart (NYSE:CUBE) Issues Q2 2026 Earnings Guidance

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

CubeSmart Stock Performance

CubeSmart stock traded up $0.83 during midday trading on Thursday, hitting $40.54. The company’s stock had a trading volume of 2,518,714 shares, compared to its average volume of 2,069,916. CubeSmart has a 1-year low of $35.09 and a 1-year high of $44.13. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.04 and a quick ratio of 0.04. The company has a 50-day moving average price of $38.84 and a two-hundred day moving average price of $38.16. The company has a market cap of $9.24 billion, a price-to-earnings ratio of 27.96, a PEG ratio of 6.27 and a beta of 1.13.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.28. CubeSmart had a net margin of 29.72% and a return on equity of 11.84%. The firm had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.12 million. During the same quarter in the previous year, the firm posted $0.64 EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. 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, sell-side analysts predict that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CUBE shares. Scotiabank raised CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft cut CubeSmart from a “buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a report on Tuesday, January 20th. Wall Street Zen lowered CubeSmart from a “hold” rating to a “sell” rating in a report on Sunday, March 1st. BNP Paribas Exane upgraded CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price target on the stock in a research report on Wednesday, March 18th. Finally, Wolfe Research downgraded CubeSmart from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 26th. Six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $43.57.

Insider Activity

In related news, insider Jeffrey P. Foster sold 23,148 shares of CubeSmart stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $41.02, for a total value of $949,530.96. Following the transaction, the insider directly owned 205,057 shares of the company’s stock, valued at $8,411,438.14. This trade represents a 10.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.76% of the company’s stock.

Institutional Investors Weigh In On CubeSmart

A number of large investors have recently modified their holdings of CUBE. Wiser Advisor Group LLC bought a new position in shares of CubeSmart in the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. lifted its position in shares of 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 buying an additional 568 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in CubeSmart in the fourth quarter valued at about $43,000. Steward Partners Investment Advisory LLC boosted its stake in CubeSmart by 101.3% in 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 buying an additional 608 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in CubeSmart by 95.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock valued at $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.

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.