S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
NYSE:CUBE

CubeSmart (CUBE) Stock Price, News & Analysis

$43.60
-0.01 (-0.02%)
(As of 03/1/2024 ET)
Today's Range
$42.30
$44.02
50-Day Range
$42.72
$47.76
52-Week Range
$33.17
$48.93
Volume
1.76 million shs
Average Volume
1.60 million shs
Market Capitalization
$9.80 billion
P/E Ratio
24.09
Dividend Yield
4.68%
Price Target
$45.36

CubeSmart MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
4.0% Upside
$45.36 Price Target
Short Interest
Healthy
2.53% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of CubeSmart in the last 14 days
Based on 21 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.

3.24 out of 5 stars

Finance Sector

462nd out of 844 stocks

Real Estate Investment Trusts Industry

97th out of 174 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

CubeSmart (CUBE) Q4 2023 Earnings Call Transcript
Q4 2023 CubeSmart Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 CubeSmart Earnings Call Transcript
Cubesmart: Hold Rating Affirmed Amid Mixed Financial Signals
CubeSmart 4Q Net Income, Revenue Higher
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
CubeSmart Reports Fourth Quarter and Annual 2023 Results
CubeSmart (CUBE) Set to Announce Quarterly Earnings on Thursday
CubeSmart: A Wise Dividend Buy With Promising Potential
CUBE Mar 2024 45.000 put
CUBE Mar 2024 50.000 call
How Is The Market Feeling About CubeSmart?
What 6 Analyst Ratings Have To Say About CubeSmart
6 Best Climate-Controlled Storage Facilities
See More Headlines
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/16 Dividend
12/29/2023
Dividend Payable
1/16/2024
Today
3/03/2024
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
2,804
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.36
High Stock Price Target
$53.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$291.26 million
Pretax Margin
36.46%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$2.70 per share
Book Value
$12.65 per share

Miscellaneous

Free Float
221,601,000
Market Cap
$9.80 billion
Optionable
Optionable
Beta
0.69
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CUBE Stock Analysis - Frequently Asked Questions

Should I buy or sell CubeSmart stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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?

11 Wall Street analysts have issued 1 year price objectives for CubeSmart's shares. Their CUBE share price targets range from $38.00 to $53.00. On average, they expect the company's share price to reach $45.36 in the next year. This suggests a possible upside of 4.0% 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 start of the year. Since then, CUBE shares have decreased by 5.9% and is now trading at $43.60.
View the best growth stocks for 2024 here
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 5,700,000 shares, an increase of 9.2% from the January 31st total of 5,220,000 shares. Based on an average daily volume of 1,620,000 shares, the days-to-cover ratio is currently 3.5 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) released its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share (EPS) 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 net margin of 39.11% and a trailing twelve-month return on equity of 14.57%. The company's revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 EPS.

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

CubeSmart declared a quarterly dividend on Thursday, December 7th. Investors of record on Tuesday, January 2nd will be given a dividend of $0.51 per share on Tuesday, January 16th. This represents a $2.04 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend is Friday, December 29th. This is a positive change from the stock's previous quarterly dividend of $0.49.
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 4.68%. 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 issued an update on 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 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.07%), Norges Bank (4.27%), Price T Rowe Associates Inc. MD (1.99%), Allspring Global Investments Holdings LLC (1.71%), Truist Financial Corp (1.56%) and Dimensional Fund Advisors LP (1.44%). 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 3/3/2024 by MarketBeat.com Staff