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 (NYSE: CUBE) is a self-administered and self-managed real estate investment trust focused on self-storage properties across the United States. Company news frequently highlights its role as one of the top three owners and operators of self-storage properties in the U.S., as reported in the 2025 Self Storage Almanac, and its large platform of more than 1,500 owned and managed facilities.
News about CubeSmart often covers quarterly earnings results, operating metrics and guidance. Regular releases discuss diluted earnings per share, funds from operations (FFO), FFO as adjusted, net operating income (NOI), same-store performance and occupancy trends across its consolidated and same-store portfolios. These updates provide detail on how the company’s self-storage portfolio is performing and how management views operating fundamentals.
Investors following CUBE news will also see announcements on capital markets activity and financing. In 2025, for example, CubeSmart and its operating partnership reported the pricing and issuance of $450 million in 5.125% senior unsecured notes due 2035, along with the intended use of proceeds to repay revolving credit facility borrowings and for general corporate purposes.
Dividend declarations are another recurring news theme. CubeSmart’s board of trustees regularly announces quarterly dividends on its common shares, and a December 2025 release noted the 16th consecutive annual increase to the company’s dividend. The company also issues notices about upcoming earnings releases and conference calls, giving investors a schedule for management’s public discussions of results.
In addition, CubeSmart appears in third-party announcements when property owners select it to manage self-storage assets. A 2025 release from Precision Global Corporation, for instance, described a partnership under which CubeSmart assumed third-party management of four storage facilities in Texas. For investors and observers, the CUBE news feed offers a centralized view of these earnings updates, capital markets transactions, dividend actions and management mandates.
CubeSmart (NYSE: CUBE) announced an agreement to acquire LAACO, Ltd. for approximately $1.69 billion, including $40.9 million in debt. The acquisition encompasses 59 self-storage facilities primarily located in Southern California, Phoenix, Las Vegas, and Houston. CEO Christopher P. Marr emphasized that this transaction will enhance CubeSmart's portfolio, tapping into key growth markets. The deal is set to close in Q4 2021 and will be financed through equity sales and debt financing. LAACO's operations will continue under CubeSmart's management, benefiting both unitholders and shareholders.
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CubeSmart (NYSE: CUBE) reported strong Q3 2021 results with EPS of $0.43, a significant increase from $0.24 in Q3 2020. The company’s FFO per share rose 27.3% to $0.56, aided by a 21.1% increase in same-store NOI driven by 15.6% revenue growth. Average same-store occupancy reached 95.6%. During the quarter, CubeSmart acquired two properties for $33 million and sold four for $38.6 million. The quarterly dividend was raised by 26.5% to an annualized rate of $1.72. The firm also increased its 2021 EPS guidance to $1.30-$1.31, indicating robust financial health.
On November 2, 2021, CubeSmart (NYSE: CUBE) announced a quarterly dividend of $0.43 per common share for the period ending December 31, 2021. This dividend is payable on January 18, 2022, with a record date of January 3, 2022. The new annualized dividend rate of $1.72 reflects a 26.5% increase from the previous rate of $1.36, marking the 12th consecutive annual increase in dividends. CEO Christopher P. Marr highlighted the strong operating results and cash flow growth as key factors behind this decision.
CubeSmart (NYSE: CUBE) will release its financial results for the quarter ending September 30, 2021, on November 4, 2021, after market close. A conference call to discuss these results is scheduled for November 5, 2021, at 11:00 a.m. ET. Investors can access a live webcast on the Company’s website. CubeSmart operates 1,240 self-storage properties in the U.S., ranking among the top three operators in the industry, according to the 2021 Self Storage Almanac. The Company focuses on providing accessible, affordable, and climate-controlled storage solutions.
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.
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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.