QQQ   444.60 (-0.05%)
AAPL   170.81 (-1.44%)
MSFT   420.69 (-0.18%)
META   489.70 (-0.84%)
GOOGL   150.41 (-0.30%)
AMZN   180.82 (+0.55%)
TSLA   176.92 (-1.62%)
NVDA   905.92 (+0.38%)
NIO   4.62 (-1.07%)
AMD   182.99 (+1.89%)
BABA   72.32 (+1.02%)
T   17.55 (+0.00%)
F   13.21 (+1.15%)
MU   118.42 (-0.60%)
CGC   9.11 (-4.61%)
GE   176.00 (-2.29%)
DIS   122.34 (+1.12%)
AMC   3.75 (-13.59%)
PFE   27.84 (+0.22%)
PYPL   66.94 (+0.56%)
XOM   115.38 (+0.36%)
QQQ   444.60 (-0.05%)
AAPL   170.81 (-1.44%)
MSFT   420.69 (-0.18%)
META   489.70 (-0.84%)
GOOGL   150.41 (-0.30%)
AMZN   180.82 (+0.55%)
TSLA   176.92 (-1.62%)
NVDA   905.92 (+0.38%)
NIO   4.62 (-1.07%)
AMD   182.99 (+1.89%)
BABA   72.32 (+1.02%)
T   17.55 (+0.00%)
F   13.21 (+1.15%)
MU   118.42 (-0.60%)
CGC   9.11 (-4.61%)
GE   176.00 (-2.29%)
DIS   122.34 (+1.12%)
AMC   3.75 (-13.59%)
PFE   27.84 (+0.22%)
PYPL   66.94 (+0.56%)
XOM   115.38 (+0.36%)
QQQ   444.60 (-0.05%)
AAPL   170.81 (-1.44%)
MSFT   420.69 (-0.18%)
META   489.70 (-0.84%)
GOOGL   150.41 (-0.30%)
AMZN   180.82 (+0.55%)
TSLA   176.92 (-1.62%)
NVDA   905.92 (+0.38%)
NIO   4.62 (-1.07%)
AMD   182.99 (+1.89%)
BABA   72.32 (+1.02%)
T   17.55 (+0.00%)
F   13.21 (+1.15%)
MU   118.42 (-0.60%)
CGC   9.11 (-4.61%)
GE   176.00 (-2.29%)
DIS   122.34 (+1.12%)
AMC   3.75 (-13.59%)
PFE   27.84 (+0.22%)
PYPL   66.94 (+0.56%)
XOM   115.38 (+0.36%)
QQQ   444.60 (-0.05%)
AAPL   170.81 (-1.44%)
MSFT   420.69 (-0.18%)
META   489.70 (-0.84%)
GOOGL   150.41 (-0.30%)
AMZN   180.82 (+0.55%)
TSLA   176.92 (-1.62%)
NVDA   905.92 (+0.38%)
NIO   4.62 (-1.07%)
AMD   182.99 (+1.89%)
BABA   72.32 (+1.02%)
T   17.55 (+0.00%)
F   13.21 (+1.15%)
MU   118.42 (-0.60%)
CGC   9.11 (-4.61%)
GE   176.00 (-2.29%)
DIS   122.34 (+1.12%)
AMC   3.75 (-13.59%)
PFE   27.84 (+0.22%)
PYPL   66.94 (+0.56%)
XOM   115.38 (+0.36%)
NYSE:CUBE

CubeSmart (CUBE) Stock Price, News & Analysis

$45.37
+0.48 (+1.07%)
(As of 10:33 AM ET)
Today's Range
$44.27
$45.45
50-Day Range
$42.72
$45.74
52-Week Range
$33.17
$48.93
Volume
163,410 shs
Average Volume
1.51 million shs
Market Capitalization
$10.21 billion
P/E Ratio
25.07
Dividend Yield
4.50%
Price Target
$45.75

CubeSmart MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
0.8% Upside
$45.75 Price Target
Short Interest
Healthy
2.60% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of CubeSmart in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.53%
From $2.65 to $2.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.38 out of 5 stars

Finance Sector

373rd out of 863 stocks

Real Estate Investment Trusts Industry

82nd out of 180 stocks

CUBE stock logo

About CubeSmart Stock (NYSE:CUBE)

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

CUBE Stock Price History

CUBE Stock News Headlines

Evaluating CubeSmart: Insights From 4 Financial Analysts
Did you make $29,000 two days with AI options trades?
What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:
CubeSmart Declares First Quarter 2024 Dividend
Michael Knott
CubeSmart: Why Its Best Days Could Be Over
Here’s What Supported CubeSmart (CUBE) in Q4
Did you make $29,000 two days with AI options trades?
What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:
Key Takeaways From CubeSmart Analyst Ratings
CubeSmart (CUBE) Q4 2023 Earnings Call Transcript
Q4 2023 CubeSmart Earnings Call
Q4 2023 CubeSmart Earnings Call Transcript
Cubesmart: Hold Rating Affirmed Amid Mixed Financial Signals
CubeSmart 4Q Net Income, Revenue Higher
CubeSmart Reports Fourth Quarter and Annual 2023 Results
CubeSmart: A Wise Dividend Buy With Promising Potential
CUBE Mar 2024 45.000 put
CUBE Mar 2024 50.000 call
See More Headlines
Receive CUBE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CubeSmart and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/16 Dividend
12/29/2023
Dividend Payable
1/16/2024
Today
3/28/2024
Ex-Dividend for 4/15 Dividend
3/28/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
22966310
Employees
3,040
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.75
High Stock Price Target
$53.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+0.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$410.76 million
Pretax Margin
39.27%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$2.89 per share
Book Value
$12.54 per share

Miscellaneous

Free Float
221,693,000
Market Cap
$10.21 billion
Optionable
Optionable
Beta
0.69
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

CUBE Stock Analysis - Frequently Asked Questions

Should I buy or sell CubeSmart stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CUBE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CUBE, but not buy additional shares or sell existing shares.
View CUBE analyst ratings
or view top-rated stocks.

What is CubeSmart's stock price target for 2024?

12 brokerages have issued 12 month price objectives for CubeSmart's stock. Their CUBE share price targets range from $38.00 to $53.00. On average, they predict the company's share price to reach $45.75 in the next year. This suggests a possible upside of 0.8% from the stock's current price.
View analysts price targets for CUBE
or view top-rated stocks among Wall Street analysts.

How have CUBE shares performed in 2024?

CubeSmart's stock was trading at $46.35 at the beginning of the year. Since then, CUBE shares have decreased by 2.0% and is now trading at $45.40.
View the best growth stocks for 2024 here
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 6,100,000 shares, an increase of 7.0% from the February 14th total of 5,700,000 shares. Based on an average daily volume of 1,610,000 shares, the short-interest ratio is currently 3.8 days.
View CubeSmart's Short Interest
.

When is CubeSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CUBE earnings forecast
.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.40. The real estate investment trust had revenue of $238.57 million for the quarter, compared to analysts' expectations of $240.13 million. CubeSmart had a trailing twelve-month return on equity of 14.57% and a net margin of 39.11%. The firm's revenue was up 26.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 earnings per share.

How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart?

CubeSmart declared a quarterly dividend on Monday, March 18th. Investors of record on Monday, April 1st will be paid a dividend of $0.51 per share on Monday, April 15th. This represents a $2.04 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for CUBE
.

Is CubeSmart a good dividend stock?

CubeSmart (NYSE:CUBE) pays an annual dividend of $2.04 per share and currently has a dividend yield of 4.71%. CUBE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 112.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CUBE will have a dividend payout ratio of 73.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CUBE.

What guidance has CubeSmart issued on next quarter's earnings?

CubeSmart updated its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 0.630-0.650 for the period, compared to the consensus earnings per share estimate of 0.650. The company issued revenue guidance of -.

What is Christopher P. Marr's approval rating as CubeSmart's CEO?

187 employees have rated CubeSmart Chief Executive Officer Christopher P. Marr on Glassdoor.com. Christopher P. Marr has an approval rating of 80% among the company's employees.

What other stocks do shareholders of CubeSmart own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Chipotle Mexican Grill (CMG), American Tower (AMT) and Bristol-Myers Squibb (BMY).

Who are CubeSmart's major shareholders?

CubeSmart's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.07%), Vanguard Group Inc. (14.07%), Norges Bank (4.27%), Price T Rowe Associates Inc. MD (1.99%), Allspring Global Investments Holdings LLC (1.71%) and Truist Financial Corp (1.56%). Insiders that own company stock include Christopher P Marr, Jeffrey P Foster, Jeffrey P Foster, Joel D Keaton and Timothy M Martin.
View institutional ownership trends
.

How do I buy shares of CubeSmart?

Shares of CUBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CUBE) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners