CubeSmart Company Profile (NYSE:CUBE)

About CubeSmart

CubeSmart logoCubeSmart operates as a self-managed and self-administered real estate investment trust (REIT). The Company's operations are conducted solely through CubeSmart, L.P. (the Operating Partnership) and its subsidiaries. The Company is focused primarily on the ownership, operation, management, acquisition and development of self-storage facilities in the United States. The Company's self-storage facilities offer storage space for its residential and commercial customers with features, such as wide aisles and loadbearing capabilities for large truck access. Its self-storage facilities are located in metropolitan areas, as well as suburban areas. The Company owns over 440 self-storage facilities located in over 20 states and in the District of Columbia containing an aggregate of approximately 30.4 million rentable square feet. It also enables the customers to rent storage cubes for their use, typically on a month-to-month basis.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: CUBE
  • CUSIP: 22966310
Key Metrics:
  • Previous Close: $27.12
  • 50 Day Moving Average: $26.02
  • 200 Day Moving Average: $26.27
  • 52-Week Range: $23.65 - $33.52
  • Trailing P/E Ratio: 60.51
  • Foreward P/E Ratio: 42.03
  • P/E Growth: 5.85
  • Market Cap: $4.88B
  • Outstanding Shares: 180,083,000
  • Beta: 0.27
Profitability:
  • Net Margins: 19.93%
  • Return on Equity: 5.84%
  • Return on Assets: 3.00%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to CubeSmart:

Analyst Ratings

Consensus Ratings for CubeSmart (NYSE:CUBE) (?)
Ratings Breakdown: 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $32.56 (19.16% upside)

Analysts' Ratings History for CubeSmart (NYSE:CUBE)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017BMO Capital MarketsReiterated RatingBuy$29.00View Rating Details
1/20/2017Bank of America CorpDowngradeBuy -> Neutral$28.00View Rating Details
10/28/2016Cantor FitzgeraldReiterated RatingBuyView Rating Details
10/28/2016FBR & CoReiterated RatingBuy$32.00View Rating Details
8/10/2016Jefferies Group LLCLower Price TargetBuy$39.00 -> $37.00View Rating Details
8/9/2016Evercore ISIDowngradeBuy -> HoldView Rating Details
7/25/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$37.00 -> $33.00View Rating Details
6/24/2016DA DavidsonInitiated CoverageNeutral$35.00View Rating Details
5/12/2016Citigroup Inc.Boost Price TargetNeutral$30.00 -> $32.00View Rating Details
11/13/2015Raymond James Financial, Inc.DowngradeStrong-Buy -> OutperformView Rating Details
11/10/2015BB&T Co.Initiated CoverageBuy$32.50 -> $32.50View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$28.00 -> $27.50View Rating Details
7/23/2015Robert W. BairdInitiated CoverageOutperform$27.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for CubeSmart (NYSE:CUBE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/16/2017Q416$0.37$0.38$131.57 million$132.50 millionViewN/AView Earnings Details
10/27/2016Q316$0.37$0.38$131.19 million$132.10 millionViewN/AView Earnings Details
7/28/2016Q216$0.35$0.36$124.94 million$126.53 millionViewN/AView Earnings Details
4/28/2016Q116$0.32$0.32$117.98 million$118.87 millionViewN/AView Earnings Details
2/18/2016Q415$0.32$0.32$115.63 million$114.99 millionViewListenView Earnings Details
11/5/2015Q315$0.32$0.34$112.65 million$115.97 millionViewN/AView Earnings Details
8/6/2015Q215$0.30$0.31$107.55 million$109.90 millionViewN/AView Earnings Details
4/30/2015Q115$0.27$0.28$103.41 million$103.70 millionViewN/AView Earnings Details
2/26/2015Q414$0.27$0.28$98.45 million$100.27 millionViewN/AView Earnings Details
10/30/2014Q314$0.27$0.28$94.50 million$97.09 millionViewN/AView Earnings Details
8/7/2014Q214$0.26$0.27$90.98 million$92.34 millionViewN/AView Earnings Details
5/1/2014Q114$0.23$0.25$86.60 million$87.27 millionViewN/AView Earnings Details
2/27/2014Q413$0.23$0.23$83.42 million$82.96 millionViewN/AView Earnings Details
11/8/2013Q313$0.24$0.25$84.32 million$82.83 millionViewN/AView Earnings Details
8/8/2013Q213$0.21$0.23$78.91 million$82.30 millionViewN/AView Earnings Details
5/2/2013$0.20$0.20$77.15 million$78.50 millionViewN/AView Earnings Details
2/21/2013Q412$0.20$0.21$73.20 million$77.37 millionViewN/AView Earnings Details
11/8/2012$0.19$0.19$70.94 million$74.13 millionViewN/AView Earnings Details
8/2/2012$0.18$0.18ViewN/AView Earnings Details
5/3/2012$0.16$0.16ViewN/AView Earnings Details
2/23/2012$0.15$0.17ViewN/AView Earnings Details
11/3/2011$0.17$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CubeSmart (NYSE:CUBE)
Current Year EPS Consensus Estimate: $0.58 EPS
Next Year EPS Consensus Estimate: $0.65 EPS

Dividends

Current Dividend Information for CubeSmart (NYSE:CUBE)
Annual Dividend:$1.08
Dividend Yield:3.95%
Dividend Growth:24.10% (3 Year Average)
Payout Ratio:207.70% (Based on Trailing 12 Months of Earnings)
186.21% (Based on Current Year Consensus EPS Estimate)
166.15% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for CubeSmart (NYSE:CUBE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterly$0.274.27%3/30/20174/3/20174/17/2017
12/16/2016quarterly$0.274.15%12/29/20161/3/20171/17/2017
8/3/2016quarterly$0.212.91%9/29/201610/3/201610/17/2016
6/2/2016quarterly$0.212.63%6/29/20167/1/20167/15/2016
2/17/2016quarterly$0.212.86%3/30/20164/1/20164/15/2016
12/11/2015quarterly$0.212.86%12/30/20151/4/20161/15/2016
8/5/2015quarterly$0.162.49%9/29/201510/1/201510/15/2015
5/28/2015quarterly$0.162.66%6/29/20157/1/20157/15/2015
2/25/2015quarterly$0.162.71%3/30/20154/1/20154/15/2015
12/17/2014quarterly$0.162.93%12/30/20141/2/20151/15/2015
8/5/2014quarterly$0.132.84%9/29/201410/1/201410/15/2014
5/28/2014quarterly$0.132.86%6/27/20147/1/20147/15/2014
2/25/2014quarterly$0.132.95%3/28/20144/1/20144/15/2014
12/19/2013quarterly$0.133.23%12/30/20131/2/20141/15/2014
8/7/2013quarterly$0.112.59%9/27/201310/1/201310/15/2013
5/29/2013quarterly$0.112.77%6/27/20137/1/20137/15/2013
4/8/2013quarterly$0.113.05%3/27/20134/1/20134/15/2013
4/8/2013quarterly$0.113.12%12/27/20121/1/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CubeSmart (NYSE:CUBE)
Insider Ownership Percentage: 1.13%
Institutional Ownership Percentage: 99.91%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/9/2016William M Diefenderfer IIIDirectorSell2,961$27.25$80,687.25View SEC Filing  
5/4/2015Jeffrey P FosterVPSell108,376$23.64$2,562,008.64View SEC Filing  
12/8/2014Christopher P MarrCEOSell175,364$21.50$3,770,326.00View SEC Filing  
11/11/2013Dean JerniganCEOSell10,000$16.88$168,800.00View SEC Filing  
8/14/2013Dean JerniganCEOSell120,000$17.85$2,142,000.00View SEC Filing  
6/14/2013Dean JerniganCEOSell50,000$15.57$778,500.00View SEC Filing  
5/20/2013Jeffrey P FosterVPSell10,500$17.22$180,810.00View SEC Filing  
5/13/2013Dean JerniganCEOSell73,214$17.09$1,251,227.26View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CubeSmart (NYSE:CUBE)
DateHeadline
News IconCubesmart Self Storage (NYSE:CUBE)
www.news-daily.com - February 24 at 12:05 PM
News IconCubeSmart (CUBE) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:CUBE)
www.theusacommerce.com - February 23 at 9:35 PM
News IconAnalytical Guide for Sinclair Broadcast Group, Inc. (SBGI), CubeSmart (CUBE) Stakeholders - The USA Commerce (NYSE:CUBE)
theusacommerce.com - February 23 at 9:35 PM
News IconCubeSmart (CUBE): What's the Story? - StockNewsJournal (NYSE:CUBE)
www.stocknewsjournal.com - February 23 at 9:35 PM
News IconSmart Money Buying the Price Weakness of Xilinx, Inc. (XLNX) (NYSE:CUBE)
latribunadecanarias.com - February 22 at 4:50 PM
News IconCubeSmart (CUBE) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS (NYSE:CUBE)
www.graffiotech.com - February 22 at 4:50 PM
capitalcube.com logoCubeSmart :CUBE-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:CUBE)
www.capitalcube.com - February 22 at 4:50 PM
capitalcube.com logoCubeSmart breached its 50 day moving average in a Bullish Manner : CUBE-US : February 21, 2017 (NYSE:CUBE)
www.capitalcube.com - February 21 at 5:43 PM
seekingalpha.com logoCubeSmart Common Shares 2016 Q4 - Results - Earnings Call Slides (NYSE:CUBE)
seekingalpha.com - February 19 at 11:12 AM
seekingalpha.com logoCubeSmart's (CUBE) CEO Chris Marr on Q4 2016 Results - Earnings Call Transcript (NYSE:CUBE)
seekingalpha.com - February 18 at 9:28 AM
finance.yahoo.com logoEdited Transcript of CUBE earnings conference call or presentation 17-Feb-17 4:00pm GMT (NYSE:CUBE)
finance.yahoo.com - February 18 at 9:28 AM
News IconSell-Side Analyst's Predictions: Louisiana-Pacific Corporation (LPX), CubeSmart (CUBE) - The USA Commerce (NYSE:CUBE)
theusacommerce.com - February 17 at 3:37 PM
einnews.com logoiFX EXPO Asia 2017 - The Ultimate Financial B2B Expo (NYSE:CUBE)
www.einnews.com - February 16 at 11:30 PM
einnews.com logoiFX EXPO Asia 2017 - The Ultimate Financial B2B Expo (NYSE:CUBE)
www.einnews.com - February 16 at 11:30 PM
us.rd.yahoo.com logo5:03 pm CubeSmart beats by $0.01, reports revs in-line; guides Q1 FFO below consensus; guides FY17 FFO below consensus (NYSE:CUBE)
us.rd.yahoo.com - February 16 at 11:30 PM
us.rd.yahoo.com logo5:03 pm CubeSmart beats by $0.01, reports revs in-line; guides Q1 FFO below consensus; guides FY17 FFO below consensus (NYSE:CUBE)
us.rd.yahoo.com - February 16 at 11:30 PM
seekingalpha.com logoCubeSmart beats by $0.01, beats on revenue (NYSE:CUBE)
seekingalpha.com - February 16 at 6:28 PM
reuters.com logoBRIEF-CUBESMART REPORTS Q4 ADJUSTED FFO PER SHARE $0.38 (NYSE:CUBE)
www.reuters.com - February 16 at 6:28 PM
News IconTechnicals in Focus for CubeSmart (CUBE) - The USA Commerce (NYSE:CUBE)
theusacommerce.com - February 16 at 6:28 PM
us.rd.yahoo.com logoCubeSmart Reports 2016 Annual Results: FFO Per Share Grows 15.2%; Same-Store NOI Increases 10.2% (NYSE:CUBE)
us.rd.yahoo.com - February 16 at 6:28 PM
News IconCubeSmart (CUBE) Releases Earnings Results, Beats Expectations By $0.01 EPS - Highland Mirror (NYSE:CUBE)
www.highlandmirror.com - February 16 at 6:28 PM
finance.yahoo.com logoCubeSmart reports 4Q results - Yahoo Finance (NYSE:CUBE)
finance.yahoo.com - February 16 at 6:28 PM
News IconWhat are Analyst's Indicators for CubeSmart (CUBE), Ralph Lauren Corporation (RL) - The USA Commerce (NYSE:CUBE)
theusacommerce.com - February 16 at 1:28 PM
News IconAnalyst's Predictions on CubeSmart (CUBE), Kohl's Corporation (KSS) - StockNewsJournal (NYSE:CUBE)
www.stocknewsjournal.com - February 16 at 1:28 PM
biz.yahoo.com logoQ4 2016 CubeSmart Earnings Release - After Market Close (NYSE:CUBE)
biz.yahoo.com - February 16 at 1:28 PM
finance.yahoo.com logoCubeSmart Declares First Quarter 2017 Dividend (NYSE:CUBE)
finance.yahoo.com - February 14 at 8:49 PM
News IconIs It Time to go for CubeSmart (CUBE), GameStop Corp. (GME)? - StockNewsJournal (NYSE:CUBE)
stocknewsjournal.com - February 14 at 3:46 PM
finance.yahoo.com logoTransUnion (TRU) Q4 Earnings: What's in Store this Time? (NYSE:CUBE)
finance.yahoo.com - February 13 at 5:17 PM
finance.yahoo.com logoIs Federal Realty's (FRT) Q4 Earnings Likely to Disappoint? (NYSE:CUBE)
finance.yahoo.com - February 10 at 4:57 PM
capitalcube.com logoCubeSmart breached its 50 day moving average in a Bearish Manner : CUBE-US : February 10, 2017 (NYSE:CUBE)
www.capitalcube.com - February 10 at 4:57 PM
News IconHoward Hughes Corp. Enters Self-Storage With Developments in The Woodlands, TX (NYSE:CUBE)
www.insideselfstorage.com - February 10 at 3:07 AM
News IconHSM to Develop 763-Unit Self-Storage Facility in Garland, Texas (NYSE:CUBE)
rebusinessonline.com - February 9 at 5:04 PM
News IconStock Watch for CubeSmart (CUBE) - Benton Bulletin (NYSE:CUBE)
bentonbulletin.com - February 8 at 10:03 PM
nasdaq.com logoWillis Towers (WLTW) Q4 Earnings: What's in the Cards? (NYSE:CUBE)
www.nasdaq.com - February 8 at 5:02 PM
finance.yahoo.com logoWestern Union (WU) to Report Q4 Earnings: What's in Store? (NYSE:CUBE)
finance.yahoo.com - February 8 at 5:02 PM
News IconHoward Hughes Opens 654-Unit Self-Storage Facility in The Woodlands (NYSE:CUBE)
rebusinessonline.com - February 8 at 5:02 PM
News IconCubeSmart Self Storage opens on College Park Drive, new location coming to FM 2978 in April (NYSE:CUBE)
communityimpact.com - February 7 at 5:40 PM
News IconDo Not Go Gentle Into that Good Night: Strategies for Defending Against TCCWNA Class Actions (NYSE:CUBE)
www.jdsupra.com - February 6 at 4:38 PM
News IconNOTICE OF PUBLIC SALE: The fo... (NYSE:CUBE)
classifieds.heraldonline.com - February 6 at 6:02 AM
finance.yahoo.com logoOmnicom (OMC) Q4 Earnings: What's in Store for the Stock? (NYSE:CUBE)
finance.yahoo.com - February 3 at 4:51 PM
us.rd.yahoo.com logoPost Earnings Coverage as Prologis Posted 15% increase in Core FFO (NYSE:CUBE)
us.rd.yahoo.com - February 1 at 4:56 PM
News IconAs Cubesmart (CUBE) Market Valuation Declined, Quadrant Capital Management LLC Has Lowered Its Stake by $3.51 ... - The Randolph Guide (NYSE:CUBE)
randolphguide.com - January 31 at 5:09 PM
News IconWhat's Ahead For This Dividend Darling: CubeSmart (NYSE:CUBE) - Aiken Advocate (NYSE:CUBE)
aikenadvocate.com - January 30 at 10:31 PM
finance.yahoo.com logoBoston Properties (BXP) Q4 Earnings: Is a Beat in Store? (NYSE:CUBE)
finance.yahoo.com - January 30 at 9:29 AM
nasdaq.com logoResolution Capital Ltd Buys Prologis Inc, Essex Property Trust Inc, Boston Properties Inc, ... (NYSE:CUBE)
www.nasdaq.com - January 28 at 4:48 PM
News IconSoFla firms start building a CubeSmart in Naples (NYSE:CUBE)
therealdeal.com - January 28 at 4:48 PM
News IconEmerald Advisers INC Upped Rice Energy (RICE) Holding by $5.08 Million (NYSE:CUBE)
randolphguide.com - January 27 at 6:04 PM
capitalcube.com logoCubeSmart breached its 50 day moving average in a Bearish Manner : CUBE-US : January 27, 2017 (NYSE:CUBE)
www.capitalcube.com - January 27 at 6:04 PM
News IconWith Markets Booming Higher, Is This Stock Fairly Valued: CubeSmart (NYSE:CUBE) - Aiken Advocate (NYSE:CUBE)
aikenadvocate.com - January 26 at 10:45 PM
News IconSell-side is Weighing in on CubeSmart (NYSE:CUBE) Earnings - Aiken Advocate (NYSE:CUBE)
aikenadvocate.com - January 26 at 5:45 PM

Social

What is CubeSmart's stock symbol?

CubeSmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUBE."

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

CubeSmart announced a quarterly dividend on Wednesday, February 15th. Stockholders of record on Monday, April 3rd will be paid a dividend of $0.27 per share on Monday, April 17th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, March 30th.

Where is CubeSmart's stock going? Where will CubeSmart's stock price be in 2017?

9 equities research analysts have issued 1 year price objectives for CubeSmart's shares. Their predictions range from $28.00 to $37.00. On average, they anticipate CubeSmart's share price to reach $32.56 in the next twelve months.

When will CubeSmart announce their earnings?

CubeSmart is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns CubeSmart stock?

CubeSmart's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (3.04%), Dimensional Fund Advisors LP (1.33%), FMR LLC (0.58%), Russell Investments Group Ltd. (0.42%), Allianz Asset Management AG (0.42%) and Heitman Real Estate Securities LLC (0.41%). Company insiders that own CubeSmart stock include Jeffrey P Foster and William M Diefenderfer III.

Who sold CubeSmart stock? Who is selling CubeSmart stock?

CubeSmart's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, FMR LLC, Castle Ridge Investment Management LP, Numeric Investors LLC, AQR Capital Management LLC, Century Capital Management LLC, Franklin Resources Inc. and State Street Corp.

Who bought CubeSmart stock? Who is buying CubeSmart stock?

CubeSmart's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Waterfront Capital Partners LLC, Davis Selected Advisers, Renaissance Technologies LLC, Asset Management One Co. Ltd., Alyeska Investment Group L.P., Waratah Capital Advisors Ltd. and Guggenheim Capital LLC.

How do I buy CubeSmart stock?

Shares of CubeSmart can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CubeSmart stock cost?

One share of CubeSmart stock can currently be purchased for approximately $27.32.

CubeSmart (NYSE:CUBE) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CubeSmart (NYSE:CUBE)

Earnings History Chart

Earnings by Quarter for CubeSmart (NYSE:CUBE)

Dividend History Chart

Dividend Payments by Quarter for CubeSmart (NYSE:CUBE)

Last Updated on 2/24/2017 by MarketBeat.com Staff