CubeSmart's FFO per share held at $0.66 in Q3 2026, roughly flat year over year, while revenue growth decelerated from 6.0% in Q2 2025 to 3.1%, suggesting top-line momentum is fading.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue grew 3.1% to $294.0M in Q3 2026 while NOI margin held near 67.4%, but FFO declined 0.4% year over year, suggesting margin stability is not yet translating into per-share growth.
CubeSmart is a leading owner and operator of self-storage properties in the U.S., ranking among the top three. The company employs an 'urban fortress' strategy, focusing on market dominance in high-barrier-to-entry areas like New York City, which allows them to potentially drive rents higher due to limited new competition.
There is resilient demand in dense urban markets and a steady need for storage across housing cycles. Stabilized fundamentals and improving operating metrics in 2025 are setting the stage for growth in 2026, with positive move-in rates and easing supply headwinds.
CubeSmart offers an attractive dividend yield, often cited around 5.4% to 5.8%, which is near historic highs. The company has a 15-year dividend growth track record, having not cut its dividend since 2008-2009, even through the COVID pandemic.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $0.42+2.3% vs $0.41 | $294M+2.3% vs $287M |
Q3 2026 Jul 30, 2026 | $0.39+7.2% vs $0.36 | $286M+1.9% vs $281M |
Q2 2026 Apr 30, 2026 | $0.36+2.9% vs $0.35 | $282M+2.4% vs $275M |
Q1 2026 Feb 26, 2026 | $0.34-8.1% vs $0.37 | $283M+2.2% vs $277M |
Market volatility is an unavoidable part of investing, and temporary price declines can create attractive buying opportunities. Our goal is to accumulate productive, income-generating assets at attractive valuations, locking in higher yields for the long term. We discuss two picks with defensive portfolios, offering reliable yields amid recent selling pressure.
U.S. markets remained unsettled as cracks emerged in the AI investment boom, while another oil-price surge complicated the inflation outlook ahead of Wednesday's Fed decision. Treasury yields fell for a third straight week as AI-related risk-off flows strengthened, with markets now assigning just 10% odds of an October hike despite still-elevated energy prices. REITs rallied for a third-straight week as earnings opened on an encouraging note: 15 REITs raised full-year FFO guidance, reinforcing the view that fundamentals remain healthier than recent price action.
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Host Hotels (HST) and CubeSmart (CUBE). But which of these two companies is the best option for those looking for undervalued stocks?
Rate Shock: REITs enter earnings season on their back foot amid a renewed surge in long-term rates, facing a materially different cost-of-capital and financing environment than just three months ago. The rate surge is again stressing highly leveraged borrowers, particularly across private markets. Public REITs are better positioned, but remain exposed through refinancing, tenant credit, and equity valuations. Higher rates have brought an important silver lining: years of expensive capital are finally curbing construction, with shrinking pipelines beginning to support occupancy, rents, and landlord pricing power.
Benchmark CUBE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for CubeSmart (CUBE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $45.02 | $10.23B | 29.46 | 5.33% | 30.17% | 12.97% | 4.62% | |
| $337.46 | $62.93B | 32.87 | 2.74% | 37.76% | 17.61% | 3.88% | |
| $159.19 | $33.63B | 33.82 | 1.19% | 29.27% | 7.34% | 4.08% | |
| $41.12 | $7.82B | 19.78 | 6.55% | 40.89% | 8.93% | 5.73% | |
| $4.84 | $55.28M | 26.74 | 1.4% | 16% | 4.42% | 6.04% | |
| $1.72 | $17.21M | -0.15 | -22.62% | -50.66% | — | 0.24% |
CubeSmart (CUBE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
CubeSmart (CUBE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 30, 2026·SEC
Oct 29, 2026·SEC
Jul 31, 2026·SEC
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CubeSmart (CUBE) stock FAQ — growth, dividends, profitability & financials explained
CubeSmart (CUBE) reported $1.15B in revenue over the trailing twelve months. Revenue was $1.12B in fiscal year 2025. That is 1290% more than the $80.8M of fiscal year 2003.
CubeSmart (CUBE) grew revenue by 3.3% over the trailing twelve months, compared with the twelve months before.
Yes. CubeSmart (CUBE) earned $345.5M in net income over the trailing twelve months (a 30.2% net margin).
Yes. CubeSmart (CUBE) pays a dividend that yields 4.62% at the current price, a high yield.
CubeSmart (CUBE) had a return on equity (ROE) of 13.0% over the trailing twelve months. That is in line with the market's typical 10-15%.
CubeSmart (CUBE) generated Funds From Operations (FFO) of $588.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.
CubeSmart (CUBE) offers a 4.62% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
