CubeSmart (NYSE:CUBE) Releases FY 2026 Earnings Guidance

Posted by Stuart Ham on May 2nd, 2026

CubeSmart (NYSE:CUBE – Get Free Report) 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 2.570. The company issued revenue guidance of -. CubeSmart also updated its Q2 2026 guidance to 0.620-0.640 EPS.

CubeSmart Stock Down 0.8%

Shares of NYSE:CUBE traded down $0.34 on Friday, hitting $40.14. 3,500,186 shares of the company’s stock were exchanged, compared to its average volume of 2,037,771. The firm’s 50-day moving average is $38.84 and its 200 day moving average is $38.16. The company has a market capitalization of $9.15 billion, a PE ratio of 27.68, a P/E/G ratio of 6.39 and a beta of 1.11. 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 quick ratio of 0.04 and a current ratio of 0.04.

CubeSmart (NYSE:CUBE – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The business had revenue of $281.93 million during the quarter, compared to analysts’ expectations of $275.25 million. CubeSmart had a return on equity of 11.70% and a net margin of 28.93%.The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Sell-side analysts predict that CubeSmart will post 2.58 EPS for the current year.

CubeSmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, April 1st. CubeSmart’s dividend payout ratio is currently 146.21%.

Analyst Upgrades and Downgrades

CUBE has been the subject of several research analyst reports. Scotiabank upgraded shares of CubeSmart to a “hold” rating in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft cut shares of CubeSmart from a “buy” rating to a “hold” rating and set a $40.00 target price for the company. in a report on Tuesday, January 20th. Wells Fargo & Company lowered their target price on shares of CubeSmart from $40.00 to $39.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. BNP Paribas Exane upgraded shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 target price for the company in a report on Wednesday, March 18th. Finally, Wolfe Research cut shares of CubeSmart from an “outperform” rating to a “peer perform” rating in a report on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $43.57.

Read Our Latest Analysis on CUBE

Insider Activity

In related news, insider Jeffrey P. Foster sold 23,148 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total value of $949,530.96. Following the completion of the sale, the insider directly owned 205,057 shares of the company’s stock, valued at $8,411,438.14. This represents a 10.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.76% of the stock is currently owned by company insiders.

Key Headlines Impacting CubeSmart

Here are the key news stories impacting CubeSmart this week:

Positive Sentiment: Beat near-term estimates: Q1 EPS of $0.36 topped consensus ~$0.34 and revenue of $281.9M exceeded estimates; FFO/share of $0.63 slightly beat the Zacks consensus of $0.62. CubeSmart Reports First Quarter 2026 Results CubeSmart Surpasses Q1 FFO and Revenue Estimates
Neutral Sentiment: Management commentary (earnings call) provided color on operations and the outlook; the transcript is available for detail on occupancy, pricing and capital deployment decisions that drove the guidance. CubeSmart Q1 2026 Earnings Call Transcript
Negative Sentiment: Cautious forward guidance: Q2 2026 EPS guided to $0.620–$0.640 (consensus ~0.640) and FY2026 EPS to $2.520–$2.600 (street ~2.57). The guidance range and a slight year-over-year decline in FFO/EPS raise near?term growth concerns. CubeSmart Earnings & Guidance Summary
Negative Sentiment: Analysts are reworking valuations and price targets after the mixed print and guidance; coverage notes emphasize slower FFO growth and the need to monitor operating trends. How The CubeSmart Story Is Shifting As Analysts Rework Valuation Targets
Negative Sentiment: Net income and some per?share metrics are down year?over?year (FFO $0.63 vs $0.64 a year ago), underscoring the company’s slower growth trajectory despite the quarter’s beats. CubeSmart Posts Lower Q1 Earnings, Provides 2026 Outlook

Institutional Trading of CubeSmart

A number of large investors have recently bought and sold shares of the business. Cetera Investment Advisers boosted its stake in CubeSmart by 1.6% during the 2nd quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 265 shares during the period. Pacific Sun Financial Corp boosted its stake in CubeSmart by 6.6% during the 3rd quarter. Pacific Sun Financial Corp now owns 5,022 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 310 shares during the period. Merit Financial Group LLC boosted its stake in CubeSmart by 3.6% during the 3rd 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 during the period. Worth Venture Partners LLC boosted 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 worth $244,000 after purchasing an additional 400 shares during the period. Finally, Geneos Wealth Management Inc. boosted 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 worth $38,000 after purchasing an additional 568 shares during the period. Institutional investors and hedge funds own 97.61% of the company’s stock.

CubeSmart Company Profile

(Get Free Report)

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.