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S&P 500   5,088.80
DOW   39,131.53
QQQ   437.34
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Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
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Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
First it was Tyson stock, now this food company is set to rally
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Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
S&P 500   5,088.80
DOW   39,131.53
QQQ   437.34
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
First it was Tyson stock, now this food company is set to rally
Is CRISPR Therapeutics the NVIDIA of gene editing?
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
S&P 500   5,088.80
DOW   39,131.53
QQQ   437.34
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
First it was Tyson stock, now this food company is set to rally
Is CRISPR Therapeutics the NVIDIA of gene editing?
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
NYSE:CUBE

CubeSmart (CUBE) Stock Price, News & Analysis

$43.41
-0.48 (-1.09%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$43.34
$43.96
50-Day Range
$42.92
$47.76
52-Week Range
$33.17
$48.93
Volume
696,100 shs
Average Volume
1.58 million shs
Market Capitalization
$9.76 billion
P/E Ratio
25.99
Dividend Yield
4.70%
Price Target
$45.36

CubeSmart MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
4.5% Upside
$45.36 Price Target
Short Interest
Healthy
2.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of CubeSmart in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.13%
From $2.66 to $2.69 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.

3.14 out of 5 stars

Finance Sector

496th out of 855 stocks

Real Estate Investment Trusts Industry

112th out of 181 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) Set to Announce Quarterly Earnings on Thursday
Blue Chips And Billionaires Quietly Investing In "The New Oil"
They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.
CubeSmart: A Wise Dividend Buy With Promising Potential
CubeSmart (NYSE:CUBE) Given Consensus Rating of "Hold" by Analysts
CUBE Mar 2024 45.000 put
CUBE Mar 2024 50.000 call
Blue Chips And Billionaires Quietly Investing In "The New Oil"
They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.
How Is The Market Feeling About CubeSmart?
What 6 Analyst Ratings Have To Say About CubeSmart
6 Best Climate-Controlled Storage Facilities
CubeSmart CUBE Company Vitals
CubeSmart Announces Tax Allocations of 2023 Distributions
Jefferies Upgrades CubeSmart (CUBE)
Jefferies Upgrades CubeSmart: Here's What You Need To Know
CubeSmart's Dividend Analysis
Best Self-Storage Companies
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
2/26/2024
Next Earnings (Confirmed)
2/29/2024
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
+4.5%
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
$1.01 billion
Cash Flow
$2.70 per share
Book Value
$12.65 per share

Miscellaneous

Free Float
221,601,000
Market Cap
$9.76 billion
Optionable
Optionable
Beta
0.70
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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 year. 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 brokerages have issued twelve-month price targets for CubeSmart's stock. Their CUBE share price targets range from $38.00 to $53.00. On average, they predict the company's share price to reach $45.36 in the next year. This suggests a possible upside of 4.5% 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 stock has decreased by 6.3% and is now trading at $43.41.
View the best growth stocks for 2024 here
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 5,220,000 shares, an increase of 19.5% from the January 15th total of 4,370,000 shares. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is presently 3.1 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 29th 2024.
View our CUBE earnings forecast
.

How can I listen to CubeSmart's earnings call?

CubeSmart will be holding an earnings conference call on Friday, March 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-674-7070 with passcode "924806#".

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) issued its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates 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 13.45% and a net margin of 36.32%. CubeSmart's quarterly revenue was up 26.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Shareholders 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 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend is Friday, December 29th. This is a boost 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 4.70%. 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 122.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CUBE will have a dividend payout ratio of 75.84% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CUBE.

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 variety of institutional and retail investors. Top institutional shareholders 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 2/26/2024 by MarketBeat.com Staff