$0.41 EPS Expected for CubeSmart (CUBE)

January 20, 2018 - By Migdalia James

 $0.41 EPS Expected for CubeSmart (CUBE)
Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.19, from 1.34 in 2017Q2. It dropped, as 25 investors sold CubeSmart shares while 74 reduced holdings. 30 funds opened positions while 84 raised stakes. 192.70 million shares or 7.78% more from 178.80 million shares in 2017Q2 were reported.
Campbell And Inv Adviser Llc owns 8,132 shares or 0.17% of their US portfolio. Comml Bank Of America Corporation De stated it has 0.01% in CubeSmart (NYSE:CUBE). Grs Advsrs Limited Liability Com reported 256,500 shares. Jefferies Gp Limited Liability Com reported 130,876 shares or 0.02% of all its holdings. Quantitative Systematic Strategies Lc holds 0.16% of its portfolio in CubeSmart (NYSE:CUBE) for 23,536 shares. Minnesota-based Ameriprise has invested 0.02% in CubeSmart (NYSE:CUBE). Moreover, Nationwide Fund Advsrs has 0.01% invested in CubeSmart (NYSE:CUBE). Credit Suisse Ag invested in 417,811 shares or 0.01% of the stock. Raymond James Fincl Services stated it has 0% in CubeSmart (NYSE:CUBE). Hsbc Public Ltd holds 1.48M shares or 0.06% of its portfolio. Epoch Prtnrs stated it has 1.35M shares or 0.12% of all its holdings. Advsrs Asset Management invested in 17,151 shares. State Street stated it has 5.55 million shares. Profund Lc owns 9,187 shares or 0.01% of their US portfolio. Westwood Grp Inc has 0.01% invested in CubeSmart (NYSE:CUBE) for 49,215 shares.

Since December 12, 2017, it had 0 insider purchases, and 4 sales for $7.67 million activity. $2.45M worth of stock was sold by MARTIN TIMOTHY M on Tuesday, December 12. Shares for $2.93M were sold by MARR CHRISTOPHER P on Thursday, December 14.

Analysts expect CubeSmart (NYSE:CUBE) to report $0.41 EPS on February, 15.They anticipate $0.03 EPS change or 7.89 % from last quarter’s $0.38 EPS. CUBE’s profit would be $74.92M giving it 16.50 P/E if the $0.41 EPS is correct. After having $0.42 EPS previously, CubeSmart’s analysts see -2.38 % EPS growth. The stock increased 0.33% or $0.09 during the last trading session, reaching $27.06. About 1.62M shares traded. CubeSmart (NYSE:CUBE) has declined 19.28% since January 20, 2017 and is downtrending. It has underperformed by 35.98% the S&P500.

CubeSmart (NYSE:CUBE) Ratings Coverage

Among 13 analysts covering CubeSmart (NYSE:CUBE), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. CubeSmart had 40 analyst reports since July 21, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained it with “Buy” rating and $2900 target in Thursday, July 27 report. The rating was maintained by SunTrust with “Hold” on Thursday, October 26. The rating was maintained by SunTrust on Wednesday, November 22 with “Hold”. The firm earned “Buy” rating on Monday, November 27 by Jefferies. The firm has “Outperform” rating given on Thursday, June 23 by FBR Capital. BMO Capital Markets maintained CubeSmart (NYSE:CUBE) rating on Thursday, March 23. BMO Capital Markets has “Buy” rating and $29 target. Jefferies maintained CubeSmart (NYSE:CUBE) rating on Monday, October 23. Jefferies has “Buy” rating and $30.0 target. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, October 23. The firm has “Buy” rating given on Wednesday, August 10 by Jefferies. The firm earned “Neutral” rating on Tuesday, November 28 by Robert W. Baird.

CubeSmart is a self-administered and self-managed real estate investment trust. The company has market cap of $4.95 billion. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. It has a 41.63 P/E ratio.

More important recent CubeSmart (NYSE:CUBE) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Cardinal Health, CubeSmart and Ventas” on December 27, 2017, also Globenewswire.com published article titled: “CubeSmart Announces Tax Allocations of 2017 Distributions”, Globenewswire.com published: “CubeSmart Announces the Date of Its Fourth Quarter 2017 Earnings Release and …” on January 09, 2018. More interesting news about CubeSmart (NYSE:CUBE) was released by: Nasdaq.com and their article: “CubeSmart (CUBE) Ex-Dividend Date Scheduled for December 29, 2017” with publication date: December 28, 2017.

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