NYSE:CUBE CubeSmart Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $31.92 +0.67 (+2.14 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$31.05Now: $31.92▼$31.9650-Day Range$29.14MA: $31.47▼$32.7852-Week Range$19.61Now: $31.92▼$35.49Volume924,844 shsAverage Volume1.61 million shsMarket Capitalization$6.18 billionP/E Ratio38.00Dividend Yield4.22%Beta0.31 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingCubeSmart has received a consensus rating of Hold. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.40, CubeSmart has a forecasted downside of 7.9% from its current price of $31.92.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 2.7 Community Rank Outperform VotesCubeSmart has received 407 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCubeSmart has received 358 “underperform” votes. (Add your “underperform” vote.)Community SentimentCubeSmart has received 53.20% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCubeSmart has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CubeSmart is 78.11%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, CubeSmart will have a dividend payout ratio of 81.99% in the coming year. This indicates that CubeSmart may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CubeSmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $314,500.00 in company stock.Percentage Held by InsidersOnly 1.11% of the stock of CubeSmart is held by insiders.Percentage Held by Institutions98.44% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for CubeSmart are expected to decrease by -0.62% in the coming year, from $1.62 to $1.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 38.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.32.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 38.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 12.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.46 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:CUBE Previous Symbol CUSIP22966310 CIK1298675 Webwww.cubesmart.com Phone610-535-5000Debt Debt-to-Equity Ratio1.10 Current Ratio0.04 Quick Ratio0.04Price-To-Earnings Trailing P/E Ratio38.00 Forward P/E Ratio19.70 P/E Growth12.16 Sales & Book Value Annual Sales$643.91 million Price / Sales9.60 Cash Flow$1.73 per share Price / Cash Flow18.42 Book Value$9.34 per share Price / Book3.42Profitability EPS (Most Recent Fiscal Year)$1.69 Net Income$169.12 million Net Margins24.34% Return on Equity8.94% Return on Assets4.01%Miscellaneous Employees3,011 Outstanding Shares193,748,000Market Cap$6.18 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $31.92 +0.67 (+2.14 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CUBE News and Ratings via Email Sign-up to receive the latest news and ratings for CUBE and its competitors with MarketBeat's FREE daily newsletter. CubeSmart (NYSE:CUBE) Frequently Asked Questions How has CubeSmart's stock price been impacted by COVID-19 (Coronavirus)? CubeSmart's stock was trading at $30.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CUBE stock has increased by 4.0% and is now trading at $31.92. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of CubeSmart? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CubeSmart. When is CubeSmart's next earnings date? CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for CubeSmart. How were CubeSmart's earnings last quarter? CubeSmart (NYSE:CUBE) released its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.19. The real estate investment trust had revenue of $163.80 million for the quarter, compared to analysts' expectations of $162.55 million. CubeSmart had a return on equity of 8.94% and a net margin of 24.34%. The business's revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business earned $0.42 EPS. View CubeSmart's earnings history. How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart? CubeSmart announced a quarterly dividend on Wednesday, July 29th. Investors of record on Thursday, October 1st will be paid a dividend of $0.33 per share on Thursday, October 15th. This represents a $1.32 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Wednesday, September 30th. View CubeSmart's dividend history. What price target have analysts set for CUBE? 11 analysts have issued 1-year price targets for CubeSmart's stock. Their forecasts range from $21.00 to $35.00. On average, they anticipate CubeSmart's stock price to reach $29.40 in the next year. This suggests that the stock has a possible downside of 7.9%. View analysts' price targets for CubeSmart. Who are some of CubeSmart's key competitors? Some companies that are related to CubeSmart include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all 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 AT&T (T), AbbVie (ABBV), Opko Health (OPK), Cisco Systems (CSCO), Chipotle Mexican Grill (CMG), Intel (INTC), NVIDIA (NVDA), DIGITAL RLTY TR/SH (DLR), Walmart (WMT) and American Tower (AMT). Who are CubeSmart's key executives? CubeSmart's management team includes the following 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 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.17%), FMR LLC (9.81%), Principal Financial Group Inc. (4.30%), Principal Financial Group Inc. (4.30%), PGGM Investments (3.58%) and Diamond Hill Capital Management Inc. (2.18%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Marianne M Keler and Timothy M Martin. View institutional ownership trends for CubeSmart. Which major investors are selling CubeSmart stock? CUBE stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Vanguard Group Inc., Sei Investments Co., Bank of America Corp DE, Bank of New York Mellon Corp, UBS Group AG, PGGM Investments, and WINTON GROUP Ltd. View insider buying and selling activity for CubeSmart. Which major investors are buying CubeSmart stock? CUBE stock was purchased by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Goldman Sachs Group Inc., Barclays PLC, Balyasny Asset Management LLC, Diamond Hill Capital Management Inc., Principal Financial Group Inc., Principal Financial Group Inc., and Epoch Investment Partners Inc.. View insider buying and selling activity 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 $31.92. How big of a company is CubeSmart? CubeSmart has a market capitalization of $6.18 billion and generates $643.91 million in revenue each year. The real estate investment trust earns $169.12 million in net income (profit) each year or $1.69 on an earnings per share basis. CubeSmart employs 3,011 workers across the globe. What is CubeSmart's official website? The official website for CubeSmart is 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. This page was last updated on 9/27/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
