Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
CubeSmart (CUBE)
NYSEReal EstateReit - IndustrialSnapshot 2026-11-04
$45.37-1.13%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - IndustrialSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
1.60 → 1.61 EPS · FY ending Dec 31, 2027 · 5 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 5; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for CUBE yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Maintain EPS guidance between $1.55 and $1.63 for 2026 | A primary condition in CubeSmart's published investment case. The stated target is >= $1.55 EPS for FY26. | Intact | EPS falls below $1.55 in FY26 | Diluted EPS: $0.42 per share FY2026-Q3; GAAP. Published target: >= $1.55 EPS for FY26. Annual target cannot be compared with a quarterly or TTM observation. Oct 30, 20260.42 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
CUBE is a real estate company with a relatively low-risk profile in the current snapshot, but its earnings and operating trends are not strongly improving. The long-term thesis is intact, with stable EPS guidance, while FFO per share and same-store net operating income, or NOI, remain areas of weak progress.
Valuation is about 1.37 times the peer level, so CUBE carries a premium, while the expectations gap is modest. The snapshot calls the pricing justified and fragility low, rather than showing a broad mix of expensive valuation, weak execution, and turbulence.
Near term, stable 2026 EPS guidance is supported by slightly higher reported diluted EPS, but adjusted FFO per share edged lower and same-store NOI fell 0.7% year over year in 2026-Q2. Management’s 2026 NOI range implies flat to slightly negative growth, and a guidance cut on the next call would be a meaningful risk; recent earnings were in line, while a litigation filing adds a separate uncertainty.
Over the next 1 to 3 years, the thesis depends on management sustaining EPS guidance and making progress on FFO per share and same-store NOI. Fed rate cuts could support the real estate sector, while weaker results or guidance from major sector peers could remove that support.
The multi-year view remains intact, but its strength depends on operating improvement rather than EPS stability alone. FFO progress, same-store NOI, and upcoming guidance are the main tests. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Funds from operations per share grow to about $2.6. |
| Intact |
| FFO per share falls below $2.52 in FY26 |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve same-store net operating income growth near flat (up to 0.25%) in 2026 | Same-store net operating income holds near flat, showing resilience. | Under Pressure | Same-store NOI growth falls below -1.75% in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$1.50 → $1.61 · observed estimates
$1.17B → $1.16B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $1.50 | $1,165,806,279 | 6 / 5 |
| 2026-07-25 | $1.48 | $1,183,411,670 | 5 / 7 |
| 2026-07-26 | $1.50 | $1,166,079,007 | 6 / 5 |
| 2026-07-27 | $1.49 | $1,183,840,240 | 5 / 7 |
| 2026-07-28 | $1.49 | $1,183,840,240 | 5 / 7 |
| 2026-07-29 | $1.50 | $1,166,079,007 | 6 / 5 |
| 2026-07-30 | $1.49 | $1,183,840,240 | 5 / 7 |
| 2026-07-31 | $1.49 | $1,183,852,100 | 5 / 7 |
| 2026-08-01 | $1.50 | $1,167,999,634 | 6 / 5 |
| 2026-08-02 | $1.49 | $1,183,852,100 | 5 / 7 |
| 2026-08-03 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-04 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-05 | $1.49 | $1,183,696,750 | 5 / 7 |
| 2026-08-06 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-07 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-08 | $1.52 | $1,181,553,890 | 5 / 7 |
| 2026-08-09 | $1.52 | $1,181,553,890 | 5 / 7 |
| 2026-08-10 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-11 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-12 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-13 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-14 | $1.50 | $1,163,402,411 | 6 / 5 |
| 2026-08-15 | $1.50 | $1,163,402,411 | 6 / 6 |
| 2026-08-16 | $1.50 | $1,163,402,411 | 6 / 6 |
| 2026-08-17 | $1.50 | $1,163,402,411 | 6 / 6 |
| 2026-08-18 | $1.50 | $1,163,402,411 | 6 / 6 |
| 2026-08-19 | $1.50 | $1,163,402,411 | 6 / 6 |
| 2026-08-20 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-21 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-22 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-23 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-24 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-25 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-26 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-27 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-28 | $1.55 | $1,160,149,136 | 7 / 6 |
| 2026-08-29 | $1.55 | $1,160,667,778 | 7 / 6 |
| 2026-08-30 | $1.55 | $1,160,667,778 | 7 / 6 |
| 2026-08-31 | $1.55 | $1,160,667,778 | 7 / 6 |
| 2026-09-01 | $1.55 | $1,160,940,603 | 7 / 6 |
| 2026-09-02 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-03 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-04 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-05 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-06 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-07 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-08 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-09 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-10 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-11 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-12 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-13 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-14 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-15 | $1.55 | $1,159,360,228 | 6 / 6 |
| 2026-09-16 | $1.55 | $1,158,805,353 | 6 / 6 |
| 2026-09-17 | $1.55 | $1,158,805,353 | 6 / 6 |
| 2026-09-18 | $1.55 | $1,158,805,353 | 6 / 6 |
| 2026-09-19 | $1.55 | $1,158,805,353 | 6 / 6 |
| 2026-09-20 | $1.56 | $1,163,491,832 | 6 / 6 |
| 2026-09-21 | $1.57 | $1,163,889,403 | 6 / 6 |
| 2026-09-22 | $1.57 | $1,163,889,403 | 6 / 6 |
| 2026-09-23 | $1.57 | $1,163,889,403 | 6 / 6 |
| 2026-09-24 | $1.57 | $1,163,889,403 | 6 / 6 |
| 2026-09-25 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-09-26 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-09-27 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-09-28 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-09-29 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-09-30 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-10-01 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-10-02 | $1.59 | $1,163,889,403 | 6 / 6 |
| 2026-10-03 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-04 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-05 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-06 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-07 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-08 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-09 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-10 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-11 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-12 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-13 | $1.60 | $1,168,178,228 | 6 / 6 |
| 2026-10-14 | $1.60 | $1,168,178,228 | 6 / 5 |
| 2026-10-15 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-16 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-17 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-18 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-19 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-20 | $1.60 | $1,168,178,228 | 5 / 5 |
| 2026-10-21 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-22 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-23 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-24 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-25 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-26 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-27 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-28 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-29 | $1.58 | $1,165,808,133 | 5 / 5 |
| 2026-10-30 | $1.58 | $1,165,808,147 | 5 / 5 |
| 2026-10-31 | $1.61 | $1,165,808,147 | 5 / 5 |
| 2026-11-01 | $1.61 | $1,165,808,147 | 5 / 5 |
| 2026-11-02 | $1.61 | $1,165,808,147 | 5 / 5 |
| 2026-11-03 | $1.61 | $1,163,400,488 | 5 / 5 |
| 2026-11-04 | $1.61 | $1,163,400,488 | 5 / 5 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 8 Buy / Strong Buy · 10 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 2 recorded
0 raises · 1 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.