CubeSmart Stock Price, News & Analysis (NYSE:CUBE) $40.93 +1.17 (+2.94%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$39.57▼$40.9350-Day Range$33.27▼$40.9352-Week Range$33.17▼$48.93Volume1.40 million shsAverage Volume1.97 million shsMarket Capitalization$9.20 billionP/E Ratio24.51Dividend Yield4.79%Price Target$44.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media CubeSmart MarketRank™ Stock AnalysisAnalyst RatingHold2.22 Rating ScoreUpside/Downside9.7% Upside$44.90 Price TargetShort InterestHealthy2.68% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.28Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth1.50%From $2.66 to $2.70 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector396th out of 827 stocksReal Estate Investment Trusts Industry77th out of 168 stocks 1.1 Analyst's Opinion Consensus RatingCubeSmart has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.90, CubeSmart has a forecasted upside of 9.7% from its current price of $40.93.Amount of Analyst CoverageCubeSmart has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.68% of the outstanding shares of CubeSmart have been sold short.Short Interest Ratio / Days to CoverCubeSmart has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CubeSmart has recently decreased by 16.16%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 4.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCubeSmart has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of CubeSmart is 117.37%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, CubeSmart will have a dividend payout ratio of 72.59% next year. This indicates that CubeSmart will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CUBE. Previous Next 2.4 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 1.28. 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 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for CubeSmart this week, compared to 4 articles on an average week.Search InterestOnly 6 people have searched for CUBE on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CubeSmart insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.45% of the stock of CubeSmart is held by insiders.Percentage Held by Institutions96.66% of the stock of CubeSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CubeSmart are expected to grow by 1.50% in the coming year, from $2.66 to $2.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 24.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.73.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 24.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.42.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 2.84. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CUBE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CUBE Stock News HeadlinesDecember 3, 2023 | msn.comGood Samaritans save lives of driver, passenger after rescuing them following fiery crash into building in Beach ParkNovember 24, 2023 | americanbankingnews.comHead to Head Comparison: FIBRA Macquarie México (OTCMKTS:DBMBF) & CubeSmart (NYSE:CUBE)December 3, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. November 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Cubesmart (CUBE) and Ares Commercial (ACRE)November 5, 2023 | finance.yahoo.comCubeSmart (NYSE:CUBE) Q3 2023 Earnings Call TranscriptNovember 4, 2023 | finance.yahoo.comQ3 2023 CubeSmart Earnings CallNovember 3, 2023 | finance.yahoo.comCubeSmart (CUBE) Reports Q3 2023 Earnings: Net Income Drops to $102.6M, FFO Increases to $154MNovember 3, 2023 | finance.yahoo.comCubeSmart (CUBE) Q3 Earnings: How Key Metrics Compare to Wall Street EstimatesDecember 3, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. November 2, 2023 | finance.yahoo.comCubeSmart Reports Third Quarter 2023 ResultsOctober 31, 2023 | msn.comCubeSmart (NYSE:CUBE) Downgrades to Neutral at BofAOctober 31, 2023 | msn.comTwo new CubeSmart locations open inside former Target, Kmart storesOctober 30, 2023 | msn.comB of A Securities Downgrades CubeSmart (CUBE)October 30, 2023 | marketwatch.com: CubeSmart downgraded to neutral from buy at BofA SecuritiesOctober 26, 2023 | msn.comWells Fargo Downgrades CubeSmart (CUBE)October 24, 2023 | benzinga.comThe Latest Analyst Ratings for CubeSmartOctober 22, 2023 | finance.yahoo.comIs it a Good Time to Trim Your CubeSmart (CUBE) Stake?October 20, 2023 | incomeinvestors.comCubeSmart Stock: Self-Storage REIT Paying 5.1%-Yield DividendsOctober 12, 2023 | finance.yahoo.comCubeSmart Announces the Date of Its Third Quarter 2023 Earnings Release and Conference CallOctober 9, 2023 | seekingalpha.comFire Sale: 2 Cheap REITs To Buy, 1 To SellOctober 2, 2023 | seekingalpha.comCubeSmart: Fairly Valued With Potential GrowthSeptember 29, 2023 | finance.yahoo.comUnpacking CubeSmart's Dividend Performance and SustainabilitySeptember 27, 2023 | msn.comCoconut Creek Police: Family Found Living in Storage Unit Is Now in HomeSeptember 24, 2023 | omaha.comNew name, no donations needed at today's Nebraska Humane Society's celebration of petsSeptember 22, 2023 | finance.yahoo.comGOOD or CUBE: Which Is the Better Value Stock Right Now?September 13, 2023 | msn.comStifel Reiterates CubeSmart (CUBE) Buy RecommendationSeptember 9, 2023 | msn.comDo not ever put your belongings at CubeSmart Storage(specifically 90th and Fort).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. Email Address Company Calendar Last Earnings4/28/2022Ex-Dividend for 10/16 Dividend9/29/2023Dividend Payable10/16/2023Today12/03/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:CUBE CUSIP22966310 CIK1298675 Webwww.cubesmart.com Phone(610) 535-5000Fax216-274-1360Employees2,804Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio24.51 Forward P/E Ratio15.39 P/E Growth2.84Net Income$291.26 million Net Margins36.32% Pretax Margin36.46% Return on Equity13.45% Return on Assets6.05% Debt Debt-to-Equity Ratio1.03 Current Ratio0.04 Quick Ratio0.04 Sales & Book Value Annual Sales$1.01 billion Price / Sales9.12 Cash Flow$2.70 per share Price / Cash Flow15.17 Book Value$12.55 per share Price / Book3.26Miscellaneous Outstanding Shares224,860,000Free Float221,601,000Market Cap$9.20 billion OptionableOptionable Beta0.68 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Christopher P. Marr (Age 58)CEO, President & Trustee Comp: $3.19MMr. Timothy M. Martin (Age 52)CFO & Treasurer Comp: $1.45MMr. Joel D. Keaton (Age 51)Chief Operating Officer Comp: $1.23MMr. Jeffrey P. Foster (Age 53)Senior VP, Chief Legal Officer & Secretary Comp: $1.2MMr. Matthew D. DeNarie (Age 39)Senior VP & Chief Accounting Officer Mr. Charles W. PlaceDirector, Investor RelationsMr. Daniel Ruble C.F.A.Vice President of MarketingMs. Jennifer SchulteChief Human Resources OfficerMr. Carey ParsonsVice President of OperationsMr. Guy MiddlebrooksVice President of Third-Party ManagementMore ExecutivesKey CompetitorsOmega Healthcare InvestorsNYSE:OHIRyman Hospitality PropertiesNYSE:RHPHealthcare Realty TrustNYSE:HREPR PropertiesNYSE:EPRSabra Health Care REITNASDAQ:SBRAView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 143,244 shares on 12/1/2023Ownership: 0.513%American Century Companies Inc.Bought 6,933 shares on 11/30/2023Ownership: 0.027%Deutsche Bank AGBought 2,906,478 shares on 11/24/2023Ownership: 1.360%Graham Capital Management L.P.Bought 115,736 shares on 11/22/2023Ownership: 0.051%Walleye Trading LLCSold 109,800 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold CubeSmart's stock? ETFs with the largest weight of CubeSmart (NYSE:CUBE) stock in their portfolio include Nuveen Short-Term REIT ETF (NURE), Pacer Industrial Real Estate ETF (INDS), Invesco Dorsey Wright Financial Momentum ETF (PFI), Fidelity Real Estate Investment ETF (FPRO), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Principal Real Estate Active Opportunities ETF (BYRE), iShares Residential and Multisector Real Estate ETF (REZ) and ETFB Green SRI REITs ETF (RITA). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CubeSmart Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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