CubeSmart (NYSE:CUBE) Issues Earnings Results, Misses Expectations By $0.01 EPS

CubeSmart (NYSE:CUBE) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01), Zacks reports. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS. CubeSmart updated its Q3 2026 guidance to 0.640-0.660 EPS and its FY 2026 guidance to 2.540-2.600 EPS.

CubeSmart Price Performance

Shares of NYSE CUBE traded down $1.26 during trading on Thursday, hitting $41.17. The company had a trading volume of 3,729,100 shares, compared to its average volume of 2,018,525. The stock has a fifty day simple moving average of $40.74 and a two-hundred day simple moving average of $39.49. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 7.34 and a beta of 1.08. 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 Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Mizuho upped their price objective on shares of CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Wells Fargo & Company lifted their price target on CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Truist Financial upped their price target on CubeSmart from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Raymond James Financial assumed coverage on CubeSmart in a research report on Wednesday, July 15th. They set an “outperform” rating and a $44.00 price target on the stock. Finally, UBS Group raised their price objective on CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $43.42.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers boosted its holdings in CubeSmart by 1.6% in the 2nd quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after buying an additional 265 shares during the last quarter. 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 last quarter. Merit Financial Group LLC boosted its stake in shares of CubeSmart by 3.6% in the third quarter. Merit Financial Group LLC now owns 10,957 shares of the real estate investment trust’s stock worth $445,000 after acquiring an additional 383 shares during the last quarter. Worth Venture Partners LLC increased its position in shares of CubeSmart by 7.1% during the third quarter. Worth Venture Partners LLC now owns 6,000 shares of the real estate investment trust’s stock worth $244,000 after purchasing an additional 400 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of CubeSmart by 174.8% during the second 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. 97.61% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting CubeSmart

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: CubeSmart declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and an approximately 5.0% yield. The dividend supports the stock’s appeal to income-focused REIT investors. CubeSmart dividend announcement
• Neutral Sentiment: Management provided third-quarter 2026 EPS guidance of $0.64–$0.66 and full-year guidance of $2.54–$2.60. Both ranges include analyst consensus estimates of $0.65 and $2.58, respectively, suggesting no major change to expectations. CubeSmart second-quarter results
• Neutral Sentiment: A comparison of CubeSmart with Host Hotels framed both as potential value investments in the REIT sector, but did not identify a decisive new catalyst for CUBE. HST versus CUBE value comparison
• Negative Sentiment: Second-quarter funds from operations (FFO), a key REIT performance measure, came in at $0.63 per share, below the $0.64 consensus estimate and down from $0.65 a year earlier. Revenue increased only 1.5% year over year, reinforcing concerns about slower operating growth. CubeSmart second-quarter FFO results

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.