CubeSmart Price, Forecast, Insider, Ratings, Fundamentals & Signals

Malvern, pa., april 25, 2024 (globe newswire) -- cubesmart (nyse: cube) today announced its operating results for the three months ended march 31, 2024.

Malvern, pa., april 02, 2024 (globe newswire) -- cubesmart (nyse: cube) today announced that the company will release financial results for the three-month period ended march 31, 2024 after the market close on thursday, april 25, 2024. an accompanying conference call will be held at 11:00 a.m. et on friday, april 26, 2024.

Malvern, pa., march 18, 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 march 31, 2024. the dividend is payable on april 15, 2024 to common shareholders of record on april 1, 2024.

Malvern, pa., feb. 29, 2024 (globe newswire) -- cubesmart (nyse: cube) today announced its operating results for the three and twelve months ended december 31, 2023.

Malvern, pa., jan. 31, 2024 (globe newswire) -- cubesmart (nyse: cube) today announced that the company will release financial results for the three-month period ended december 31, 2023 after the market close on thursday, february 29, 2024. an accompanying conference call will be held at 11:00 a.m. et on friday, march 1, 2024.

U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.

There are two types of REITs: COWs (Cash Only Wanted) that focus on high dividend yield, and FROGs (Fast Rate of Growth) that prioritize maximizing total return. Higher yield usually means lower gain, and vice versa, so investors generally have to choose between the two. This article lists 13 REITS that have grown Funds From Operations at double-digit rates, maintain ample liquidity, and have outperformed the average REIT over the past 3 years.

CubeSmart is one of few self-storage REITs, smaller than major competitors Public Storage and Extra Space Storage. The company owns properties across the US, with a focus on New York and New Jersey, and carries an investment grade credit rating from both major agencies. CUBE's first quarter earnings showed a decline in same-store net operating income and a decrease in occupancy, but the company remains proactive in acquisitions and development.

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week.

CubeSmart (CUBE) came out with quarterly funds from operations (FFO) of $0.64 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.65 per share a year ago.

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and delayed cut expectations. Declining on all five trading sessions, the S&P 500 declined another 3.1% this week - its worst week since March 2023 - while high-flying technology stocks were hit particularly hard.

MALVERN, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2024 after the market close on Thursday, April 25, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, April 26, 2024.

After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were no major "bombshells" this earnings season, there were pockets of relative weakness seen in the interest-rate-sensitive property sectors - net lease and office - along with goods-oriented sectors. Surging interest expense - not property-level fundamentals - was again the culprit behind much of this pain, underscoring the continued challenges facing more highly leveraged private real estate portfolios.

The headline numbers for CubeSmart (CUBE) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Gladstone Commercial (GOOD) and CubeSmart (CUBE). But which of these two stocks offers value investors a better bang for their buck right now?