CubeSmartNYSE: CUBE

MALVERN, Pa., July 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2024 after the market close on Thursday, August 1, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, August 2, 2024.

Carter Worth, Worth Charting, joins 'Fast Money' to talk the REIT space and what technical indicators are signaling about the space.

MALVERN, Pa., May 21, 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 June 30, 2024. The dividend is payable on July 15, 2024 to common shareholders of record on July 1, 2024.

CubeSmart is a smaller self-storage REIT compared to major competitors like Public Storage and Extra Space Storage. The company has properties throughout the US, particularly in New York and New Jersey, and has a strong credit rating from major agencies. Despite a decrease in same-store net operating income and occupancy in the first quarter, CubeSmart continues to actively pursue acquisitions and development opportunities.

CubeSmart (CUBE) reported quarterly funds from operations (FFO) of $0.64 per share, matching the Zacks Consensus Estimate. This is slightly lower than the FFO of $0.65 per share reported in the same quarter last year.

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?

CubeSmart (CUBE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Besides Wall Street's top -and-bottom-line estimates for CubeSmart (CUBE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.