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NYSE:CUBE - CubeSmart Stock Price, Forecast & News

$30.22
+0.27 (+0.90 %)
(As of 12/15/2019 04:17 AM ET)
Today's Range
$29.62
Now: $30.22
$30.25
50-Day Range
$29.98
MA: $31.21
$34.26
52-Week Range
$27.97
Now: $30.22
$36.32
Volume1.57 million shs
Average Volume1.59 million shs
Market Capitalization$5.85 billion
P/E Ratio18.43
Dividend Yield4.19%
Beta0.08
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 secure storage space for residential and commercial customers. According to the 2019 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP22966310
Phone610-535-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$597.94 million
Cash Flow$1.64 per share
Book Value$9.21 per share

Profitability

Net Income$163.89 million

Miscellaneous

Employees2,815
Market Cap$5.85 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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CubeSmart (NYSE:CUBE) Frequently Asked Questions

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 Tuesday, July 23rd. Investors of record on Tuesday, October 1st will be paid a dividend of $0.32 per share on Tuesday, October 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Monday, September 30th. View CubeSmart's Dividend History.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) released its quarterly earnings results on Thursday, October, 24th. The real estate investment trust reported $0.22 EPS for the quarter, missing the Zacks' consensus estimate of $0.43 by $0.21. The real estate investment trust had revenue of $166.55 million for the quarter, compared to analysts' expectations of $164.01 million. CubeSmart had a net margin of 28.58% and a return on equity of 9.98%. The company's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 earnings per share. View CubeSmart's Earnings History.

When is CubeSmart's next earnings date?

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for CubeSmart.

What guidance has CubeSmart issued on next quarter's earnings?

CubeSmart updated its fourth quarter earnings guidance on Thursday, October, 24th. The company provided earnings per share guidance of $0.41-0.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42.

What price target have analysts set for CUBE?

7 Wall Street analysts have issued 12 month target prices for CubeSmart's stock. Their forecasts range from $28.00 to $38.50. On average, they anticipate CubeSmart's share price to reach $33.30 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets for CubeSmart.

What is the consensus analysts' recommendation for CubeSmart?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Has CubeSmart been receiving favorable news coverage?

News coverage about CUBE stock has been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a news impact score of -2.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for CubeSmart.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 7,310,000 shares, an increase of 5.5% from the October 31st total of 6,930,000 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.8% of the shares of the stock are sold short. View CubeSmart's Current Options Chain.

Who are some of CubeSmart's key competitors?

What other stocks do shareholders of CubeSmart own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include Opko Health (OPK), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Micron Technology (MU), KB Home (KBH), Procter & Gamble (PG), Starbucks (SBUX) and AbbVie (ABBV).

Who are CubeSmart's key executives?

CubeSmart's management team includes the folowing people:
  • Mr. Christopher P. Marr, CEO, Pres & Trustee (Age 54)
  • Mr. Timothy M. Martin, CFO & Treasurer (Age 48)
  • Mr. Jeffrey P. Foster, Sr. VP, Chief Legal Officer & Sec. (Age 49)
  • Mr. Joel Keaton, Sr. VP of Operations (Age 47)
  • Mr. Charles W. Place, Director, Investor Relations

Who are CubeSmart's major shareholders?

CubeSmart's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.22%), Diamond Hill Capital Management Inc. (1.71%), Boston Partners (1.19%), Resolution Capital Ltd (0.81%), Duff & Phelps Investment Management Co. (0.79%) and Russell Investments Group Ltd. (0.73%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Jonathan L Perry and Timothy M Martin. View Institutional Ownership Trends for CubeSmart.

Which institutional investors are selling CubeSmart stock?

CUBE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, State of Alaska Department of Revenue, Jaguar Listed Property LLC, Diamond Hill Capital Management Inc., Voya Investment Management LLC and Presima Inc.. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jeffrey P Foster and Timothy M Martin. View Insider Buying and Selling for CubeSmart.

Which institutional investors are buying CubeSmart stock?

CUBE stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Resolution Capital Ltd, State Street Corp, Public Employees Retirement Association of Colorado, Gateway Investment Advisers LLC, California Public Employees Retirement System, Voloridge Investment Management LLC and Timbercreek Investment Management Inc.. View Insider Buying and Selling for CubeSmart.

How do I buy shares of CubeSmart?

Shares of CUBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is CubeSmart's stock price today?

One share of CUBE stock can currently be purchased for approximately $30.22.

How big of a company is CubeSmart?

CubeSmart has a market capitalization of $5.85 billion and generates $597.94 million in revenue each year. The real estate investment trust earns $163.89 million in net income (profit) each year or $1.64 on an earnings per share basis. CubeSmart employs 2,815 workers across the globe.View Additional Information About CubeSmart.

What is CubeSmart's official website?

The official website for CubeSmart is http://www.cubesmart.com/.

How can I contact CubeSmart?

CubeSmart's mailing address is 5 OLD LANCASTER ROAD, MALVERN PA, 19355. The real estate investment trust can be reached via phone at 610-535-5000.


MarketBeat Community Rating for CubeSmart (NYSE CUBE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  712
MarketBeat's community ratings are surveys of what our community members think about CubeSmart and other stocks. Vote "Outperform" if you believe CUBE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CUBE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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