CubeSmart (NYSE:CUBE) Releases 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 2.520-2.600 for the period, compared to the consensus earnings per share estimate of 1.900. The company issued revenue guidance of -. CubeSmart also updated its Q1 2026 guidance to 0.610-0.630 EPS.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CUBE. Evercore dropped their price target on shares of CubeSmart from $49.00 to $48.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CubeSmart in a report on Monday, December 8th. Wall Street Zen upgraded shares of CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Barclays decreased their price objective on shares of CubeSmart from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft downgraded CubeSmart from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research note on Tuesday, January 20th. Five investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $44.13.

CubeSmart Stock Performance

CUBE stock traded up $0.55 on Thursday, hitting $40.26. The company had a trading volume of 3,068,807 shares, compared to its average volume of 2,392,546. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 1.22. CubeSmart has a 12-month low of $34.24 and a 12-month high of $44.13. The stock has a market cap of $9.18 billion, a price-to-earnings ratio of 25.81, a P/E/G ratio of 12.26 and a beta of 1.12. The stock’s 50-day simple moving average is $37.73 and its 200 day simple moving average is $38.65.

CubeSmart (NYSE:CUBE) last released its quarterly earnings results on Thursday, February 26th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.02). CubeSmart had a net margin of 33.31% and a return on equity of 12.49%. CubeSmart has set its Q1 2026 guidance at 0.610-0.630 EPS and its FY 2026 guidance at 2.520-2.600 EPS. As a group, equities research analysts expect that CubeSmart will post 2.64 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Wednesday, April 1st. CubeSmart’s payout ratio is currently 135.90%.

Institutional Trading of CubeSmart

Several large investors have recently added to or reduced their stakes in CUBE. Cetera Investment Advisers raised its holdings in CubeSmart by 1.6% during the second quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock valued at $731,000 after acquiring an additional 265 shares during the period. Pacific Sun Financial Corp boosted 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 acquiring an additional 310 shares during the period. Merit Financial Group LLC grew its position in shares of CubeSmart by 3.6% during the third quarter. Merit Financial Group LLC now owns 10,957 shares of the real estate investment trust’s stock worth $445,000 after purchasing an additional 383 shares in the last quarter. Worth Venture Partners LLC raised its stake in CubeSmart by 7.1% during the 3rd quarter. Worth Venture Partners LLC now owns 6,000 shares of the real estate investment trust’s stock valued at $244,000 after purchasing an additional 400 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake 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 valued at $38,000 after purchasing an additional 568 shares during the period. 97.61% of the stock is currently owned by institutional investors.

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.