CubeSmart reports Q3 2026 earnings with 2.1% NOI growth and $0.42 EPS, boosts 2026 outlook

CubeSmart announced strong Q3 2026 results with a 2.1% increase in same-store net operating income (NOI) driven by higher occupancy and rental rates. Diluted earnings per share rose to $0.42, and adjusted funds from operations per share increased to $0.66. The company repurchased 2.1 million shares and redeemed $300 million in senior notes, while expanding its third-party management platform. CubeSmart raised its full-year 2026 guidance, expecting EPS between $1.60 and $1.62 and adjusted FFO per share between $2.58 and $2.60, reflecting confidence in continued growth.

CubeSmart shares gained 3.99% to USD 41.94 on Pluang as of Oct 30, 2026 03:22 WIB, nearing their 52-week high of USD 42.50. Despite strong recent performance, most Pluang users are selling, with 92% of order activity on the platform being sell orders. The stock offers a dividend yield of 5.26% and has a market cap of USD 9.08 billion.