Date | Price Target | Rating | Analyst |
---|---|---|---|
9/13/2024 | $53.00 → $54.00 | Buy → Neutral | UBS |
9/10/2024 | $56.00 | Outperform | RBC Capital Mkts |
8/22/2024 | $53.00 | Sector Outperform | Scotiabank |
5/29/2024 | $50.00 → $47.00 | Outperform → Market Perform | BMO Capital Markets |
3/27/2024 | $48.00 | Equal Weight | Barclays |
1/30/2024 | $40.00 | Sell | Deutsche Bank |
1/2/2024 | $38.00 → $53.00 | Hold → Buy | Jefferies |
12/15/2023 | $46.00 → $49.00 | Market Perform → Outperform | BMO Capital Markets |
SC 13G/A - CubeSmart (0001298675) (Subject)
SC 13G/A - CubeSmart (0001298675) (Subject)
SC 13G/A - CubeSmart (0001298675) (Subject)
144 - CubeSmart (0001298675) (Subject)
144 - CubeSmart (0001298675) (Subject)
DEFA14A - CubeSmart (0001298675) (Filer)
4 - CubeSmart (0001298675) (Issuer)
4 - CubeSmart (0001298675) (Issuer)
4 - CubeSmart (0001298675) (Issuer)
MALVERN, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2024 after the market close on Thursday, October 31, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, November 1, 2024. A live webcast of the conference call will be available online from the investor relations page of the Company's corporate website at investors.cubesmart.com. Telephone participants may join on the day of the call by dialing 1 (800) 715-9871 using conference ID number 4783436. After the live webcast, the webcast will be available on CubeSmart's website. In additi
MALVERN, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced its operating results for the three and six months ended June 30, 2024. "As expected, we experienced a marginally stronger seasonal uplift in demand during the second quarter and a customer base who continues to be resilient in an uncertain economy," commented President and Chief Executive Officer Christopher P. Marr. "Our data-driven approach to operations continues to allow us to optimize our performance in the face of changing macro conditions." Key Highlights for the Second Quarter Reported diluted earnings per share ("EPS") attributable to the Company's common shareholders of $0.41.Reported funds
MALVERN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,497 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logisti
MALVERN, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2024 after the market close on Thursday, October 31, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, November 1, 2024. A live webcast of the conference call will be available online from the investor relations page of the Company's corporate website at investors.cubesmart.com. Telephone participants may join on the day of the call by dialing 1 (800) 715-9871 using conference ID number 4783436. After the live webcast, the webcast will be available on CubeSmart's website. In additi
MALVERN, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced its operating results for the three and six months ended June 30, 2024. "As expected, we experienced a marginally stronger seasonal uplift in demand during the second quarter and a customer base who continues to be resilient in an uncertain economy," commented President and Chief Executive Officer Christopher P. Marr. "Our data-driven approach to operations continues to allow us to optimize our performance in the face of changing macro conditions." Key Highlights for the Second Quarter Reported diluted earnings per share ("EPS") attributable to the Company's common shareholders of $0.41.Reported funds
MALVERN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,497 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logisti
CubeSmart's (NYSE:CUBE) short percent of float has fallen 14.39% since its last report. The company recently reported that it has 5.62 million shares sold short, which is 3.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.24 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
Raymond James analyst Jonathan Hughes maintains CubeSmart (NYSE:CUBE) with a Outperform and raises the price target from $48 to $50.
The anticipation of Federal Reserve rate cuts is starting to have a favorable impact on the real estate mortgage market. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased by 13 basis points to 6.87% for the week ending July 12, 2024, down from 7% the prior week, as reported by the Mortgage Bankers Association Wednesday. This decline represents the most significant drop in borrowing costs in around four months and the lowest rate since early March. Fed Rate Cut Bets, Lower Treasury Yields Push Mortgage Rates Down The reduction was largely propelled by rising expectations on Fed rate cuts and the fall i
UBS downgraded CubeSmart from Buy to Neutral and set a new price target of $54.00 from $53.00 previously
RBC Capital Mkts initiated coverage of CubeSmart with a rating of Outperform and set a new price target of $56.00
Scotiabank initiated coverage of CubeSmart with a rating of Sector Outperform and set a new price target of $53.00