CubeSmart (CUBE)
NYSEReal EstateReit - IndustrialSnapshot 2026-09-04
$39.50-0.63%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - IndustrialSnapshot 2026-09-04
QuarterlyIQ Insights · CUBE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 9.8% |
| Our one-year growth estimate | diamond | 1.5% |
Growth built into the price is above our model estimate.
The price assumes 8.3 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 15 industry peers
CUBE — earnings miss
Dated 2026-07-31
Results of Operations and Financial Condition. On July 30, 2026, CubeSmart (the “Company”) announced its financial results for the three and six months ended June 30, 2026. A copy of the Company’s earnings press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Why it matters: Legal issues can impact money stability and trust. Bad outcomes may lower stock prices.
Worry ifLegal issues end well for CubeSmart, with no money penalties.
Less concerning ifLegal problems can cause large fines. They may also limit how the company operates.
Why it matters: FFO growth shows the company's ability to generate cash flow, crucial for REITs.
Supportive ifFFO per share for Q2 is reported between $2.52 and $2.60.
Worry ifFFO per share for Q2 is reported below $2.52.
Why it matters: The real estate sector is growing up. If revenue growth speeds up, it may help CubeSmart.
Supportive ifSector revenue growth trends show improvement, moving back toward previous highs.
Worry ifSector revenue growth continues to decline or remains stagnant.
Why it matters: Ongoing share buybacks show management's confidence and help share value.
Supportive ifCubeSmart announces more share buybacks beyond the current 10.1 million shares.
Worry ifCubeSmart stops or cuts back on share buyback activity.
Why it matters: Changes in the credit agreement can impact how CubeSmart manages its money. This may also affect its growth plans.
Watch forCubeSmart shares good terms or more funding from the credit agreement.
Also watch forCubeSmart faces limits or higher costs from the credit agreement.
Why it matters: Updates on share repurchases can signal management's confidence in the stock. A pause may indicate caution.
Watch forManagement plans to increase share buybacks beyond the current $42.5 million.
Also watch forManagement stops or cuts back on the share buyback program.
Why it matters: Changes in supply can affect prices and occupancy rates. Watching this helps understand the market.
Watch forNew tax regulations limit future supply in NYC.
Also watch forNew projects will add more self-storage space in NYC.
Why it matters: Same-store NOI growth is important for CubeSmart's performance. A drop shows ongoing problems.
Worry ifSame-store NOI growth for Q3 2026 is better than -1.75%.
Less concerning ifSame-store NOI growth for Q3 2026 is worse than -1.75%.
Why it matters: Stable EPS guidance shows that management is sure about making money.
Supportive ifEPS guidance for Q2 remains between $1.55 and $1.63.
Worry ifEPS guidance for Q2 is revised downward below $1.55.
Why it matters: Ongoing legal cases could change CubeSmart's finances. Updates may affect how investors feel.
Worry ifA positive outcome or settlement of the legal case is announced.
Less concerning ifNegative news or decisions in the legal case are reported.
Why it matters: Earnings results will show if revenue growth is improving or still slowing. Investors will react to any signs of growth recovery.
Watch forQ2 earnings show revenue growth speeding up again. It is getting closer to past highs.
Also watch forQ2 earnings report shows revenue still going down or staying the same.
Why it matters: The court case outcome could change financial results and investor trust. Legal issues can hurt stock performance.
Worry ifA good outcome or settlement in the court case for CubeSmart.
Less concerning ifBad news in the court case or a ruling against CubeSmart.
Why it matters: New acquisitions can improve CubeSmart's portfolio. They can help it grow in the future.
Supportive ifThere is news of an acquisition in NYC. The property is worth over $100 million.
Worry ifNo acquisitions announced in NYC over the next six months.
Why it matters: Performance in NYC is critical given its status as a key market for CubeSmart.
Watch forNYC portfolio reports a same-store NOI growth above 0.25%.
Also watch forNYC portfolio reports a same-store NOI decline below -1.75%.
Why it matters: Growth trends in the sector impact CubeSmart's performance and its place in the market.
Worry ifSector revenue growth speeds up to over 5% in the next quarter.
Less concerning ifSector revenue growth slows below 3% over the next quarter.
Why it matters: FFO per share growth is crucial for CubeSmart's financial health. Stability here signals confidence.
Supportive ifFFO per share for 2026 is within the guided range of $2.52 to $2.60.
Worry ifFFO per share for 2026 falls below the guided range of $2.52 to $2.60.
Why it matters: The Heitman joint venture could bring in money and boost CubeSmart's portfolio value.
Supportive ifThe joint venture closes successfully in Q4 2026 as planned.
Worry ifThe joint venture does not close in Q4 2026 or faces significant delays.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$74 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $232 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,649 loss on $10,000 · 16.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.