CubeSmart Stock Price, News & Analysis

Hertz (NASDAQ: HTZ) announced that Piero Bussani will join as Executive Vice President and Chief Legal Officer, effective October 27, 2025. Bussani will lead global legal affairs, government affairs, and sustainability and social impact.

He brings more than three decades of legal and business leadership, including 18 years with Blackstone-backed portfolio companies and prior roles at Homebound, Invitation Homes, Revantage, Blockbuster, Extended Stay Hotels, and LXR Luxury Resorts. He holds a J.D. from SUNY Buffalo and a B.A. from American University.

CubeSmart (NYSE: CUBE) will release financial results for the three-month period ended September 30, 2025 after market close on Thursday, October 30, 2025. An accompanying conference call is scheduled for 11:00 a.m. ET on Friday, October 31, 2025. A live webcast will be available at investors.cubesmart.com. Telephone access on the day of the call: 1 (800) 715-9871 with conference ID 4783436. The webcast will be archived on CubeSmart’s website after the call. A telephonic replay is available through November 7, 2025 at 1 (800) 770-2030 using conference ID 4783436#.

CubeSmart (NYSE: CUBE), the third-largest self-storage property operator in the United States, has announced the pricing of $450.0 million in senior unsecured notes. The notes, due in 2035, carry a 5.125% interest rate and were priced at 98.656% of principal value with a 5.295% yield to maturity.

The offering, expected to close on August 20, 2025, will be managed by Wells Fargo Securities, BofA Securities, and PNC Capital Markets LLC as joint book-running managers. CubeSmart plans to use the proceeds to repay outstanding debt under its revolving credit facility and for general corporate purposes.

CubeSmart (NYSE: CUBE) reported its Q2 2025 financial results, with diluted EPS of $0.36 and FFO per share of $0.65, representing a 1.6% increase year-over-year. The company's same-store NOI decreased 1.1%, with same-store occupancy averaging 90.6% during the quarter.

Key developments include the acquisition of an 80% interest in HVP IV for $452.8 million, expansion of third-party management platform to 873 stores, and two joint venture development projects in New York. The company raised its full-year 2025 guidance, projecting FFO per share between $2.54 and $2.60.

The company maintained its quarterly dividend at $0.52 per share, while experiencing increased interest expenses due to higher debt levels and interest rates.

CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.52 per common share for the period ending September 30, 2025. The dividend will be paid on October 15, 2025 to shareholders of record as of October 1, 2025.

As one of the top three self-storage property owners and operators in the United States, CubeSmart currently owns or manages 1,523 self-storage properties nationwide. The company focuses on providing affordable, accessible, and climate-controlled storage solutions for both residential and commercial customers.

CubeSmart (NYSE:CUBE) has entered into a partnership with Precision Global Corporation (PGC) to manage four strategic storage facilities across Texas. The partnership, effective July 25, 2025, includes the management of storage facilities in Clute, Royse City, Lakehills, and Granbury.

CubeSmart, the third-largest self-storage operator in the U.S. with over 1,300 properties nationwide, will implement its operational expertise to enhance customer experience and facility performance. This strategic move aligns with PGC's expansion goals in the self-storage sector and its mission to build a national portfolio through partnerships with elite operators.

CubeSmart (NYSE: CUBE) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results for the quarter ending June 30, 2025, after market close on Thursday, July 31, 2025.

A conference call to discuss the results will be held at 11:00 a.m. ET on Friday, August 1, 2025. Investors can access the live webcast through the company's investor relations website at investors.cubesmart.com. Those joining by phone can dial 1 (800) 715-9871 using conference ID 4783436. A replay will be available through August 8, 2025, by dialing 1 (800) 770-2030 with the same conference ID.

CubeSmart (NYSE: CUBE) has announced a quarterly dividend of $0.52 per common share for the period ending June 30, 2025. The dividend will be paid on July 15, 2025 to shareholders of record as of July 1, 2025.

CubeSmart is a self-administered and self-managed real estate investment trust (REIT) that owns or manages 1,537 self-storage properties across the United States. According to the 2025 Self Storage Almanac, the company ranks among the top three owners and operators of self-storage properties in the U.S., offering affordable, accessible, and largely climate-controlled storage solutions for both residential and commercial customers.

CubeSmart (NYSE: CUBE) reported its Q1 2025 results with mixed performance. Diluted EPS decreased to $0.39 from $0.42 year-over-year, while FFO remained stable at $0.64 per diluted share. The company's same-store NOI declined 0.8%, with revenues decreasing 0.4% and operating expenses increasing 0.6%. Same-store occupancy averaged 89.5% during the quarter. Notable developments include the acquisition of the remaining 80% interest in the 28-store HVP IV portfolio for $452.8M and the addition of 33 stores to their third-party management platform, reaching 869 total managed stores. The company maintained its 2025 guidance, projecting diluted EPS between $1.41-$1.49 and FFO per share of $2.51-$2.59. CubeSmart also declared a quarterly dividend of $0.52 per common share.