NYSE:CUBE - CubeSmart Stock Price, News & Analysis

$35.24
-0.02 (-0.06 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$34.88
Now: $35.24
$35.40
50-Day Range
$33.10
MA: $34.33
$35.35
52-Week Range
$27.19
Now: $35.24
$35.52
Volume1.02 million shs
Average Volume1.38 million shs
Market Capitalization$6.78 billion
P/E Ratio21.49
Dividend Yield3.63%
Beta0.19
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$1.6607 per share
Book Value$9.25 per share

Profitability

Net Income$163.89 million

Miscellaneous

Employees2,815
Market Cap$6.78 billion
Next Earnings Date10/24/2019 (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 declared a quarterly dividend on Tuesday, July 23rd. Shareholders 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 yield of 3.63%. 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 data on Thursday, July, 25th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.15. The real estate investment trust had revenue of $159 million for the quarter, compared to analysts' expectations of $158.86 million. CubeSmart had a return on equity of 10.19% and a net margin of 29.33%. CubeSmart's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.41 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, October 24th 2019. View Earnings Estimates for CubeSmart.

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

CubeSmart issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $1.66-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.67.

What price target have analysts set for CUBE?

5 brokerages have issued 12-month price objectives for CubeSmart's stock. Their forecasts range from $25.22 to $35.00. On average, they anticipate CubeSmart's stock price to reach $29.8050 in the next twelve months. This suggests that the stock has a possible downside of 15.4%. View Analyst Price Targets for CubeSmart.

What is the consensus analysts' recommendation for CubeSmart?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.

Has CubeSmart been receiving favorable news coverage?

News headlines about CUBE stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for CubeSmart.

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 Celgene (CELG), NVIDIA (NVDA), Cisco Systems (CSCO), Opko Health (OPK), Activision Blizzard (ATVI), Micron Technology (MU), Alibaba Group (BABA), Citigroup (C), Adobe (ADBE) and Chipotle Mexican Grill (CMG).

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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.36%), BlackRock Inc. (6.98%), Price T Rowe Associates Inc. MD (5.39%), Centersquare Investment Management LLC (2.57%), PGGM Investments (2.33%) and JPMorgan Chase & Co. (1.96%). 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 Invesco Ltd., Echo Street Capital Management LLC, JPMorgan Chase & Co., BlackRock Inc., Vanguard Group Inc., Brookfield Asset Management Inc., Amundi Pioneer Asset Management Inc. and PGGM Investments. 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 Price T Rowe Associates Inc. MD, Eaton Vance Management, Cohen & Steers Inc., Bank of America Corp DE, Marshall Wace LLP, Russell Investments Group Ltd., Schroder Investment Management Group and Commonwealth Bank of Australia. 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, Scottrade, Fidelity and Charles Schwab.

What is CubeSmart's stock price today?

One share of CUBE stock can currently be purchased for approximately $35.24.

How big of a company is CubeSmart?

CubeSmart has a market capitalization of $6.78 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:  371 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  678
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 8/18/2019 by MarketBeat.com Staff

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