CubeSmart stock slips as earnings miss offsets revenue growth

Published on 09/22/2026 at 23:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CubeSmart stock traded at USD 39.39 on September 22, 2026, down 0.84 percent intraday. Second-quarter revenue reached USD 286.49 million, up 1.5 percent year over year.

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CubeSmart stock traded at USD 39.39 on the NYSE at 11:22 a.m. EDT on September 22, 2026, down 0.84 percent from the previous close of USD 39.72. The self-storage real estate investment trust reported second-quarter revenue of USD 286.49 million, up 1.5 percent from the same quarter a year earlier, but earnings per share of USD 0.39 missed consensus by USD 0.25.

Revenue grows while earnings lag

According to MarketBeat on September 22, 2026, CubeSmart reported USD 286.49 million in revenue for the quarter ended July 31, 2026, compared with a consensus estimate of USD 281.12 million. The same report said quarterly EPS was USD 0.39 versus an analyst estimate of USD 0.64, a shortfall of USD 0.25.

The comparison is therefore uneven: revenue exceeded consensus by USD 5.37 million, while EPS came in below expectations. Net margin was 29.41 percent for the quarter, and revenue was 1.5 percent higher than in the year-ago period, according to MarketBeat.

Evercore lowers target to USD 46

The analyst picture remains mixed. Yahoo Finance lists Evercore ISI as maintaining an Outperform rating on September 21, 2026, while lowering its price target from USD 48 to USD 46. The change leaves the target above the intraday price of USD 39.39, but it also shows that the latest analyst action was a reduction rather than an increase.

MarketBeat reported on September 22, 2026, that Mizuho cut its target from USD 42 to USD 41 while keeping a Neutral rating, whereas Barclays raised its rating from Equal Weight to Overweight and increased its target from USD 45 to USD 46 in July 2026. MarketBeat described the broader analyst consensus as Hold, with an average target of USD 43.36.

Dividend date moves closer

Yahoo Finance lists an ex-dividend date of October 1, 2026, for CubeSmart's quarterly dividend of USD 0.53. The annualized dividend is USD 2.12, equivalent to a quoted yield of 5.34 percent based on the September 22, 2026 price.

CubeSmart stock remains below its 52-week high of USD 43.26 and above its 52-week low of USD 35.09. Yahoo Finance showed a market capitalization of USD 8.915 billion and volume of 480,568 shares as of September 22, 2026.

CubeSmart stock trades below its yearly high

At USD 39.39 on the NYSE as of 11:22 a.m. EDT on September 22, 2026, the shares were USD 3.87 below the 52-week high and USD 4.30 above the 52-week low. The next scheduled earnings date shown by Yahoo Finance is October 29, 2026.