NYSE:CUBE CubeSmart (CUBE) Stock Forecast, Price & News $38.46 -0.14 (-0.36%) (As of 05:19 PM ET) Add Compare Share Share Today's Range$38.11▼$38.6150-Day Range$38.60▼$45.8052-Week Range$36.82▼$48.93Volume1.15 million shsAverage Volume1.76 million shsMarket Capitalization$8.65 billionP/E Ratio22.36Dividend Yield5.10%Price Target$47.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CubeSmart MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside22.2% Upside$47.00 Price TargetShort InterestHealthy3.25% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth3.76%From $2.66 to $2.76 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.2.95 out of 5 starsFinance Sector112th out of 838 stocksReal Estate Investment Trusts Industry21st out of 180 stocks 3.2 Analyst's Opinion Consensus RatingCubeSmart has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.00, CubeSmart has a forecasted upside of 22.2% from its current price of $38.46.Amount of Analyst CoverageCubeSmart has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.25% 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 4.5.Change versus previous monthShort interest in CubeSmart has recently decreased by 12.46%, 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 5.06%, 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 113.95%. 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 71.01% 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 3.3 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 0.95. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CubeSmart this week, compared to 4 articles on an average week.Search InterestOnly 7 people have searched for CUBE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows5 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 3.76% in the coming year, from $2.66 to $2.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 22.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.95.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 22.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 82.77.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 2.73. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.04. 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 (NYSE:CUBE) StockCubeSmart 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CUBE Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comCubeSmart (NYSE:CUBE) vs. Cousins Properties (NYSE:CUZ) Head-To-Head ReviewSeptember 24, 2023 | omaha.comNew name, no donations needed at today's Nebraska Humane Society's celebration of petsSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 22, 2023 | finance.yahoo.comGOOD or CUBE: Which Is the Better Value Stock Right Now?September 22, 2023 | americanbankingnews.comCubeSmart (NYSE:CUBE) Receives Consensus Rating of "Hold" from BrokeragesSeptember 18, 2023 | americanbankingnews.comShort Interest in CubeSmart (NYSE:CUBE) Declines By 12.5%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).September 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 6, 2023 | msn.comCubeSmart's 5% Yield Is A Good Buy On WeaknessSeptember 2, 2023 | markets.businessinsider.comThese 3 Real Estate Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate AnalystsAugust 30, 2023 | msn.comTruist Securities Maintains CubeSmart (CUBE) Hold RecommendationAugust 17, 2023 | msn.comCrews respond to 2-alarm fire at storage facility in St. PeteAugust 17, 2023 | msn.comOfficials: Storage unit facility caught on fire in St. PetersburgAugust 17, 2023 | msn.comSt. Petersburg storage facility catches fire, officials sayAugust 14, 2023 | markets.businessinsider.comWells Fargo Sticks to Their Buy Rating for Cubesmart (CUBE)August 8, 2023 | msn.comWells Fargo Maintains CubeSmart (CUBE) Overweight RecommendationAugust 8, 2023 | finance.yahoo.comCan Self-Storage Stocks Climb Out of the Basement This Year?August 5, 2023 | finance.yahoo.comQ2 2023 CubeSmart Earnings CallAugust 4, 2023 | finance.yahoo.comCubeSmart (CUBE) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesAugust 3, 2023 | finance.yahoo.comCubeSmart (CUBE) Q2 FFO and Revenues Lag EstimatesAugust 3, 2023 | finance.yahoo.comCubeSmart Reports Second Quarter 2023 ResultsAugust 3, 2023 | msn.com64-year-old Indy man is arrested and charged for domestic related murder in JuneJuly 25, 2023 | finance.yahoo.comCubeSmart Declares Third Quarter 2023 DividendJuly 13, 2023 | seekingalpha.comCubeSmart: Self-Storage Demand Normalizes, But Remains AttractiveJuly 3, 2023 | msn.comRaymond James Maintains CubeSmart (CUBE) Outperform RecommendationJuly 3, 2023 | msn.comExpert Ratings for CubeSmartSee 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 CUBE Company Calendar Last Earnings4/28/2022Ex-Dividend for 7/17 Dividend6/30/2023Dividend Payable7/17/2023Today9/26/2023Ex-Dividend for 10/16 Dividend9/29/2023Dividend Payable10/16/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get 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 Forecast$47.00 High Stock Price Forecast$52.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+22.8%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.72 Trailing P/E Ratio22.25 Forward P/E Ratio14.39 P/E Growth2.73Net Income$291.26 million Net Margins37.53% Pretax Margin37.69% Return on Equity13.80% Return on Assets6.20% Debt Debt-to-Equity Ratio1.05 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$1.01 billion Price / Sales8.52 Cash Flow$2.67 per share Price / Cash Flow14.36 Book Value$12.65 per share Price / Book3.03Miscellaneous Outstanding Shares224,810,000Free Float221,549,000Market Cap$8.60 billion OptionableOptionable Beta0.58 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Christopher P. Marr (Age 58)CEO, Pres & 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)Sr. VP, Chief Legal Officer & Sec. Comp: $1.2MMr. Matthew D. DeNarie (Age 39)Sr. VP & Chief Accounting Officer Mr. Charles W. PlaceDirector, Investor RelationsMr. Daniel Ruble CFAVP of MarketingMs. Jennifer SchulteChief HR OfficerMr. Carey ParsonsVP of OperationsMr. Guy MiddlebrooksVP of Third-Party ManagementMore ExecutivesKey CompetitorsOmega Healthcare InvestorsNYSE:OHIHealthcare Realty TrustNYSE:HRRyman Hospitality PropertiesNYSE:RHPMedical Properties TrustNYSE:MPWEPR PropertiesNYSE:EPRView All CompetitorsInsiders & InstitutionsBarclays PLCBought 59,302 shares on 9/21/2023Ownership: 0.071%Tucker Asset Management LLCSold 1,095 shares on 9/8/2023Ownership: 0.001%Wolverine Trading LLCBought 7,500 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 258,120 shares on 8/22/2023Ownership: 0.115%BOKF NABought 2,951 shares on 8/21/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions CUBE Stock - 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 5 hold ratings and 4 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 forecast for 2023? 9 equities research analysts have issued 1-year price objectives for CubeSmart's stock. Their CUBE share price forecasts range from $41.00 to $52.00. On average, they predict the company's share price to reach $47.00 in the next twelve months. This suggests a possible upside of 22.8% 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 on January 1st, 2023. Since then, CUBE shares have decreased by 4.9% and is now trading at $38.27. View the best growth stocks for 2023 here. Are investors shorting CubeSmart? CubeSmart saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,310,000 shares, a drop of 12.5% from the August 15th total of 8,350,000 shares. Based on an average daily trading volume, of 1,610,000 shares, the days-to-cover ratio is presently 4.5 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, October 26th 2023. 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 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 trailing twelve-month return on equity of 13.80% and a net margin of 37.53%. CubeSmart's revenue was up 26.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 earnings per share. How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart? CubeSmart declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.49 per share on Monday, October 16th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Friday, September 29th. 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). 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 5.06%. 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 113.95%. 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 71.01% 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 updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $0.66-$0.68 for the period, compared to the consensus EPS estimate of $0.69. 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). What is CubeSmart's stock symbol? CubeSmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUBE." Who are CubeSmart's major shareholders? CubeSmart's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.58%), State Street Corp (5.50%), Principal Financial Group Inc. (3.90%), JPMorgan Chase & Co. (3.04%), Capital Research Global Investors (1.83%) and Geode Capital Management LLC (1.80%). 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. What is CubeSmart's stock price today? One share of CUBE stock can currently be purchased for approximately $38.27. How much money does CubeSmart make? CubeSmart (NYSE:CUBE) has a market capitalization of $8.60 billion and generates $1.01 billion in revenue each year. The real estate investment trust earns $291.26 million in net income (profit) each year or $1.72 on an earnings per share basis. How many employees does CubeSmart have? The company employs 2,804 workers across the globe. How can I contact CubeSmart? CubeSmart's mailing address is 5 OLD LANCASTER ROAD, MALVERN PA, 19355. The official website for the company is www.cubesmart.com. The real estate investment trust can be reached via phone at (610) 535-5000, via email at investors@cubesmart.com, or via fax at 216-274-1360. This page (NYSE:CUBE) was last updated on 9/26/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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