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CubeSmart (NASDAQ:CUBE) has been given an average rating of “Hold” by the eight analysts that are covering the stock, AR Network reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $19.42.

Shares of CubeSmart (NASDAQ:CUBE) traded up 0.37% during mid-day trading on Monday, hitting $18.93. 98,473 shares of the company’s stock traded hands. CubeSmart has a 52 week low of $15.06 and a 52 week high of $19.69. The stock has a 50-day moving average of $18.45 and a 200-day moving average of $17.79. The company has a market cap of $2.784 billion and a price-to-earnings ratio of 59.31.

CubeSmart (NASDAQ:CUBE) last released its earnings data on Thursday, August 7th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.01. The company had revenue of $92.34 million for the quarter, compared to the consensus estimate of $90.98 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 17.9% on a year-over-year basis. On average, analysts predict that CubeSmart will post $1.03 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Monday, September 29th.

A number of analysts have recently weighed in on CUBE shares. Analysts at BMO Capital Markets raised their price target on shares of CubeSmart from $19.00 to $21.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at SunTrust raised their price target on shares of CubeSmart from $17.00 to $19.00 in a research note on Friday, May 16th. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of CubeSmart in a research note on Tuesday, May 13th. They now have a $18.00 price target on the stock, up previously from $17.00.

CubeSmart is a financials company in the Specialized REITs industry.

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