Welcome to our dedicated page for CubeSmart news (Ticker: CUBE), a resource for investors and traders seeking the latest updates and insights on CubeSmart stock.
CubeSmart (CUBE), a leading self-storage real estate investment trust, provides investors and industry observers with timely updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments from the company managing over 600 storage facilities nationwide.
This resource delivers essential information about earnings reports, property acquisitions, and operational innovations, alongside updates on third-party management agreements and customer service initiatives. Users gain insights into CubeSmart’s market positioning within the competitive storage sector while monitoring its performance as a publicly traded REIT.
Discover updates on facility expansions, technology implementations, and industry partnerships that shape CubeSmart’s growth trajectory. The curated news collection serves as a strategic tool for assessing the company’s financial health and operational efficiency in evolving market conditions.
Bookmark this page for streamlined access to verified CUBE developments, ensuring informed analysis of one of the storage industry’s most actively managed REIT portfolios. Regular updates provide stakeholders with the data needed to track corporate milestones and sector trends.
CubeSmart (NYSE: CUBE) has launched SmartView, a mobile app for third-party management clients, enhancing access to key performance metrics in real-time. This app allows users to view their portfolio data from anywhere, providing summarized insights into individual stores and overall performance trends through clear visualizations. CubeSmart is the third-largest self-storage property operator in the U.S., managing 1,250 self-storage properties, according to the 2021 Self Storage Almanac. This technological advancement reflects CubeSmart's commitment to innovation in the self-storage industry.
CubeSmart (NYSE: CUBE) has been named to the Philadelphia Business Journal’s “Soaring 76 List,” highlighting it as one of the fastest-growing companies in the greater Philadelphia area. This recognition underscores the company's strong financial performance over a three-year period. CEO Christopher P. Marr expressed pride in contributing to the local economy, emphasizing CubeSmart's robust operational platform and skilled team. As one of the top three self-storage property owners in the U.S., CubeSmart operates 1,252 facilities nationwide, offering innovative storage solutions to meet diverse customer needs.
CubeSmart reported strong operating results for Q2 2021, with earnings per share of $0.24 and adjusted funds from operations (FFO) of $0.50. The company saw a 17.6% increase in same-store net operating income, driven by 14.0% revenue growth and high occupancy rates averaging 95.6%. Key investment activities included acquiring two properties for $34.1 million and opening two new development sites for $48.7 million. Revised 2021 guidance anticipates EPS between $0.93 and $0.97 and adjusted FFO per share at $1.99 to $2.03, signaling continued growth and demand in the self-storage market.
CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.34 per common share for the period ending September 30, 2021. This dividend is payable on October 15, 2021 to shareholders of record as of October 1, 2021. With a portfolio of 1,262 self-storage properties across the U.S., CubeSmart ranks among the top three operators in the sector, providing affordable and accessible storage solutions.
CubeSmart (NYSE: CUBE) will release Q2 2021 financial results on July 29, 2021, after market close. A conference call to discuss these results is scheduled for July 30, 2021, at 11:00 a.m. ET. This event will be accessible via a live webcast on the investor relations page of CubeSmart's website. The company owns or manages 1,266 self-storage properties and is a leading operator in the U.S. self-storage market. The information will also be available for replay on the website for 15 days post-call.
CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021. This dividend will be paid on July 15, 2021 to shareholders of record as of July 1, 2021. CubeSmart manages or owns 1,262 self-storage properties across the U.S., ranking among the top three operators in the sector.
CubeSmart reported robust operating results for Q1 2021, with earnings per share of $0.21 and funds from operations (FFO) per share of $0.47, reflecting a 14.6% increase from the prior year. The company achieved an 8.9% increase in same-store net operating income (NOI), driven by a 6.7% rise in revenue. Same-store occupancy averaged 93.8%, ending at 94.4%. It also opened a $26.4 million development project and acquired a 20% stake in a new joint venture. The 2021 outlook indicates improved earnings estimates, projecting EPS between $0.75 and $0.81 and FFO between $1.80 and $1.86.
CubeSmart (NYSE: CUBE) will release its financial results for the three-month period ending March 31, 2021, on April 29, 2021, after market close. A conference call is scheduled for April 30, 2021, at 11:00 a.m. ET to discuss these results. Investors can access the live webcast on the company’s investor relations page. Following the call, a replay will be available for 15 days on the website, and a telephonic replay will be accessible through May 14, 2021. CubeSmart operates 1,246 self-storage properties, ranking among the top three in the U.S.
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