CubeSmart (CUBE) Stock Price, News & Analysis

Company Overview

CubeSmart (NYSE:CUBE) is a self-storage real estate investment trust that acquires, develops and operates storage facilities throughout the United States. Headquartered in Malvern, Pennsylvania, the company focuses on offering a diverse range of storage solutions including climate-controlled units, drive-up access units, vehicle and boat storage, and business storage options. CubeSmart also provides packing and moving supplies, tenant insurance and digital tools such as online reservations and payment platforms to enhance the customer experience.

Since its founding in 2004, CubeSmart has grown strategically through both acquisitions of existing facilities and the development of new properties. Its portfolio spans more than 30 states, with over 1,000 self-storage locations serving urban, suburban and select secondary markets. The company’s location strategy emphasizes densely populated metro areas and high-growth regions to capture long-term demand for storage space driven by residential moves, business inventory management and seasonal and recreational storage needs.

CubeSmart completed its initial public offering in April 2011 and has since built a track record of disciplined capital deployment and operational efficiency. The company leverages data-driven marketing, dynamic pricing, and customer relationship management systems to optimize occupancy rates and revenue per square foot. Through targeted acquisitions and development pipelines, CubeSmart aims to expand its footprint while adhering to sustainable building practices and community engagement initiatives.

Leadership at CubeSmart is headed by President and Chief Executive Officer Christopher A. Marr, supported by a senior management team with extensive experience in real estate finance, operations and asset management. The board of directors comprises industry veterans in real estate, finance and technology, providing governance and strategic oversight as the company pursues long-term growth and shareholder value creation.

Key Stats

• Today's Range: $41.63 to $42.44
• 50-Day Range: $41.26 to $43.67
• 52-Week Range: $34.24 to $55.14
• Volume: 2.26 million shs
• Average Volume: 1.57 million shs
• Market Capitalization: $9.64 billion
• P/E Ratio: 25.04
• Dividend Yield: 4.92%
• Price Target: $47.38
• Consensus Rating: Hold

CubeSmart Stock Analysis - MarketRank™

CubeSmart scored higher than 74% of companies evaluated by MarketBeat, and ranked 375th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

CubeSmart has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 7 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CubeSmart has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 1.89%

Earnings Growth

Earnings for CubeSmart are expected to grow by 1.89% in the coming year, from $2.64 to $2.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CubeSmart is 25.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of CubeSmart is 25.04, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.04.

Price to Earnings Growth Ratio

CubeSmart has a PEG Ratio of 7.78. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CubeSmart has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.05% of the float of CubeSmart has been sold short.

Short Interest Ratio / Days to Cover

CubeSmart has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CubeSmart has recently increased by 19.84%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

CubeSmart is a leading dividend payer. It pays a dividend yield of 4.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CubeSmart has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of CubeSmart is 123.08%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, CubeSmart will have a dividend payout ratio of 77.32% in the coming year. This indicates that CubeSmart may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.05% of the float of CubeSmart has been sold short.

Short Interest Ratio / Days to Cover

CubeSmart has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CubeSmart has recently increased by 19.84%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.68

News Sentiment

CubeSmart has a news sentiment score of 1.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for CubeSmart this week, compared to 11 articles on an average week.

Search Interest

Only 7 people have searched for CUBE on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CubeSmart insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.69% of the stock of CubeSmart is held by insiders.

Percentage Held by Institutions

97.61% of the stock of CubeSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CUBE Stock Analysis - Frequently Asked Questions

How have CUBE shares performed this year?

CubeSmart's stock was trading at $42.85 on January 1st, 2025. Since then, CUBE shares have decreased by 1.3% and is now trading at $42.31.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) announced its quarterly earnings results on Thursday, May, 1st. The real estate investment trust reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. CubeSmart's revenue was up 4.4% compared to the same quarter last year.
Read the conference call transcript.

Who are CubeSmart's major shareholders?

Top institutional investors of CubeSmart include Gateway Investment Advisers LLC (0.10%), CX Institutional (0.05%), Pallas Capital Advisors LLC (0.02%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.02%). Insiders that own company stock include Christopher P Marr, Timothy M Martin, Jeffrey P Foster and Joel D Keaton.
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.

What other stocks do shareholders of CubeSmart own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CubeSmart investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), AbbVie (ABBV), Arista Networks (ANET) and PayPal (PYPL).

Company Calendar

• Record date for 4/15 Dividend: 4/01/2025
• Ex-Dividend for 4/15 Dividend: 4/01/2025
• Dividend Payable: 4/15/2025
• Last Earnings: 5/01/2025
• Record date for 7/15 Dividend: 7/01/2025
• Ex-Dividend for 7/15 Dividend: 7/01/2025
• Today: 7/11/2025
• Dividend Payable: 7/15/2025
• Next Earnings (Estimated): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:CUBE
• CIK: 1298675
• Web: www.cubesmart.com
• Phone: (610) 535-5000
• Fax: 216-274-1360
• Employees: 3,104
• Year Founded: N/A

Price Target and Rating

• Average Price Target for CubeSmart: $47.38
• High Price Target: $54.00
• Low Price Target: $43.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.41
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.69
• Trailing P/E Ratio: 25.04
• Forward P/E Ratio: 16.03
• P/E Growth: 7.78
• Net Income: $391.18 million
• Net Margins: 37.05%
• Pretax Margin: 37.04%
• Return on Equity: 13.57%
• Return on Assets: 6.05%

Debt

• Debt-to-Equity Ratio: 1.17
• Current Ratio: 0.07
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: $929.08 million
• Price / Sales: 10.38
• Cash Flow: $2.66 per share
• Price / Cash Flow: 15.92
• Book Value: $12.84 per share
• Price / Book: 3.30

Miscellaneous

• Outstanding Shares: 227,950,000
• Free Float: 224,102,000
• Market Cap: $9.64 billion
• Optionable: Optionable
• Beta: 0.96