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 2.540-2.600 for the period, compared to the consensus estimate of 2.580. The company issued revenue guidance of -. CubeSmart also updated its Q3 2026 guidance to 0.640-0.660 EPS.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Mizuho raised their price target on CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. UBS Group lifted their price target on shares of CubeSmart from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Weiss Ratings reissued a “hold (c)” rating on shares of CubeSmart in a research report on Wednesday, July 15th. Finally, Wells Fargo & Company lifted their target price on shares of CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Six equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, CubeSmart presently has an average rating of “Hold” and an average target price of $43.42.

CubeSmart Stock Up 0.5%

CUBE traded up $0.22 on Friday, reaching $41.46. The company’s stock had a trading volume of 1,814,890 shares, compared to its average volume of 2,279,559. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.04 and a quick ratio of 0.04. The business’s 50 day moving average is $40.76 and its 200 day moving average is $39.51. The stock has a market cap of $9.39 billion, a price-to-earnings ratio of 29.17, a price-to-earnings-growth ratio of 7.34 and a beta of 1.08. CubeSmart has a 1 year low of $35.09 and a 1 year high of $43.26.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.25). CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The company had revenue of $286.49 million for the quarter, compared to the consensus estimate of $281.12 million. During the same quarter last year, the company earned $0.65 earnings per share. The company’s revenue was up 1.5% compared to the same quarter last year. As a group, research analysts forecast that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a $0.53 dividend. The ex-dividend date 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 presently 149.30%.

Trending Headlines about CubeSmart

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: 2026 guidance was raised. CubeSmart now expects full-year 2026 EPS of $2.54–$2.60, with the midpoint broadly in line with the $2.58 analyst consensus. Management also issued third-quarter EPS guidance of $0.64–$0.66, centered around expectations, signaling continued operating stability. CubeSmart Raises 2026 Guidance After Solid Quarter
• Positive Sentiment: Revenue exceeded expectations. Second-quarter revenue rose 1.5% year over year to $286.5 million, topping analysts’ $281.1 million estimate. The company reported $89.6 million of net income attributable to common shareholders. CubeSmart Reports Second Quarter 2026 Results
• Neutral Sentiment: The stock remains near the upper end of its annual range. CubeSmart is trading above both its 50-day and 200-day moving averages, suggesting positive technical momentum, but its valuation remains relatively demanding at roughly 29 times earnings.
• Negative Sentiment: Funds from operations missed estimates. Core FFO was $0.63 per share, below the $0.64 consensus estimate and down from $0.65 a year earlier. Reported EPS of $0.39 also fell well short of the $0.64 analyst expectation, while revenue growth remained modest. CubeSmart Q2 FFO Miss Estimates

Hedge Funds Weigh In On CubeSmart

Institutional investors have recently made changes to their positions in the stock. Millennium Management LLC grew its stake in CubeSmart by 201.5% during the 4th quarter. Millennium Management LLC now owns 2,739,600 shares of the real estate investment trust’s stock worth $98,763,000 after buying an additional 1,830,993 shares during the last quarter. Alyeska Investment Group L.P. raised its stake in shares of 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 valued at $174,185,000 after purchasing an additional 1,143,464 shares in the last quarter. Tudor Investment Corp ET AL lifted its stake in shares of 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 acquiring an additional 521,084 shares during the period. Toronto Dominion Bank acquired a new stake in CubeSmart in the fourth quarter worth approximately $15,916,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of CubeSmart by 57.5% in the fourth 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 buying an additional 401,343 shares during the period. 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.