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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
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Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war

CubeSmart Stock Price, News & Analysis (NYSE:CUBE)

$40.93
+1.17 (+2.94%)
(As of 12/1/2023 ET)
Compare
Today's Range
$39.57
$40.93
50-Day Range
$33.27
$40.93
52-Week Range
$33.17
$48.93
Volume
1.40 million shs
Average Volume
1.97 million shs
Market Capitalization
$9.20 billion
P/E Ratio
24.51
Dividend Yield
4.79%
Price Target
$44.90

CubeSmart MarketRank™ Stock Analysis

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
9.7% Upside
$44.90 Price Target
Short Interest
Healthy
2.68% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.28mentions of CubeSmart in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.50%
From $2.66 to $2.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Finance Sector

396th out of 827 stocks

Real Estate Investment Trusts Industry

77th out of 168 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

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
CubeSmart (NYSE:CUBE) Q3 2023 Earnings Call Transcript
Q3 2023 CubeSmart Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
CubeSmart Reports Third Quarter 2023 Results
Wells Fargo Downgrades CubeSmart (CUBE)
The Latest Analyst Ratings for CubeSmart
Is it a Good Time to Trim Your CubeSmart (CUBE) Stake?
Fire Sale: 2 Cheap REITs To Buy, 1 To Sell
CubeSmart: Fairly Valued With Potential Growth
GOOD or CUBE: Which Is the Better Value Stock Right Now?
See More Headlines
Receive CUBE Stock News and Ratings via Email

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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 10/16 Dividend
9/29/2023
Dividend Payable
10/16/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
22966310
Employees
2,804
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.90
High Stock Price Target
$52.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+9.7%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$291.26 million
Pretax Margin
36.46%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$2.70 per share
Book Value
$12.55 per share

Miscellaneous

Free Float
221,601,000
Market Cap
$9.20 billion
Optionable
Optionable
Beta
0.68
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CUBE Stock Analysis - Frequently Asked Questions

Should I buy or sell CubeSmart stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 7 hold ratings and 2 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?

9 Wall Street research analysts have issued twelve-month target prices for CubeSmart's shares. Their CUBE share price targets range from $37.00 to $52.00. On average, they expect the company's share price to reach $44.90 in the next twelve months. This suggests a possible upside of 9.7% 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 2023?

CubeSmart's stock was trading at $40.25 at the beginning of 2023. Since then, CUBE stock has increased by 1.7% and is now trading at $40.93.
View the best growth stocks for 2023 here
.

Are investors shorting CubeSmart?

CubeSmart saw a decrease in short interest in November. As of November 15th, there was short interest totaling 6,020,000 shares, a decrease of 16.2% from the October 31st total of 7,180,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is presently 3.4 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, February 22nd 2024.
View our CUBE earnings forecast
.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) posted its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.40. The real estate investment trust earned $238.57 million during the quarter, compared to analysts' expectations of $240.13 million. CubeSmart had a trailing twelve-month return on equity of 13.45% and a net margin of 36.32%. The business's revenue for the quarter was up 26.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share.

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

CubeSmart announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Monday, October 2nd will be given a dividend of $0.49 per share on Monday, October 16th. This represents a $1.96 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Friday, September 29th.
Read our dividend analysis for CUBE
.

Is CubeSmart a good dividend stock?

CubeSmart (NYSE:CUBE) pays an annual dividend of $1.96 per share and currently has a dividend yield of 4.79%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 117.37%. 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 72.59% 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 fourth quarter earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $0.67 to $0.69 for the period, compared to the consensus earnings per share estimate of $0.68.

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 investors include FMR LLC (6.76%), JPMorgan Chase & Co. (3.01%), Invesco Ltd. (2.10%), Principal Financial Group Inc. (1.96%), Allspring Global Investments Holdings LLC (1.73%) and Morgan Stanley (1.45%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CUBE) was last updated on 12/3/2023 by MarketBeat.com Staff

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