S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:CUBE

CubeSmart (CUBE) Stock Forecast, Price & News

$40.84
+0.12 (+0.29%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$40.31
$41.33
50-Day Range
$40.72
$54.46
52-Week Range
$40.31
$57.34
Volume
1.41 million shs
Average Volume
1.83 million shs
Market Capitalization
$9.17 billion
P/E Ratio
38.90
Dividend Yield
4.22%
Beta
0.49
30 days | 90 days | 365 days | Advanced Chart
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CubeSmart logo

About CubeSmart

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 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
22966310
Employees
2,892
Year Founded
N/A

Sales & Book Value

Annual Sales
$657.81 million
Cash Flow
$2.30 per share
Book Value
$12.76 per share

Profitability

Net Income
$223.48 million
Pretax Margin
27.36%

Debt

Price-To-Earnings

Miscellaneous

Free Float
221,565,000
Market Cap
$9.17 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/18 Dividend
3/31/2022
Dividend Payable
4/18/2022
Last Earnings
4/28/2022
Today
5/22/2022
Ex-Dividend for 7/15 Dividend
6/30/2022
Dividend Payable
7/15/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.74 out of 5 stars

Finance Sector

286th out of 1,351 stocks

Real Estate Investment Trusts Industry

45th out of 233 stocks

Analyst Opinion: 2.1Community Rank: 4.5Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













CubeSmart (NYSE:CUBE) Frequently Asked Questions

Is CubeSmart a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CubeSmart stock. 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 analyst ratings for CubeSmart
or view top-rated stocks.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in April. As of April 30th, there was short interest totaling 5,430,000 shares, an increase of 31.8% from the April 15th total of 4,120,000 shares. Based on an average daily volume of 1,560,000 shares, the short-interest ratio is presently 3.5 days.
View CubeSmart's Short Interest
.

When is CubeSmart's next earnings date?

CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CubeSmart
.

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 for the quarter, missing the consensus estimate of $0.57 by $0.40. The real estate investment trust earned $238.57 million during the quarter, compared to analyst estimates of $240.13 million. CubeSmart had a trailing twelve-month return on equity of 10.78% and a net margin of 26.65%. The business's revenue was up 26.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 earnings per share.
View CubeSmart's earnings history
.

How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart?

CubeSmart announced a quarterly dividend on Tuesday, May 17th. Shareholders of record on Friday, July 1st will be given a dividend of $0.43 per share on Friday, July 15th. This represents a $1.72 annualized dividend and a yield of 4.21%. The ex-dividend date is Thursday, June 30th.
View CubeSmart's dividend history
.

Is CubeSmart a good dividend stock?

CubeSmart pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.22%. CUBE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. CubeSmart 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 of CubeSmart is 163.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CubeSmart will have a dividend payout ratio of 64.91% next year. This indicates that CubeSmart will be able to sustain or increase its dividend.
View CubeSmart's dividend history.

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

CubeSmart issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $2.37-$2.42 for the period. The company issued revenue guidance of -.

What price target have analysts set for CUBE?

6 analysts have issued 12-month price targets for CubeSmart's stock. Their forecasts range from $36.00 to $60.00. On average, they anticipate CubeSmart's share price to reach $50.83 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts' price targets for CubeSmart
or view top-rated stocks among Wall Street analysts.

Who are CubeSmart's key executives?
CubeSmart's management team includes the following people:
  • Mr. Christopher P. Marr, CEO, Pres & Trustee (Age 57, Pay $3.49M)
  • Mr. Timothy M. Martin, CFO & Treasurer (Age 51, Pay $1.56M)
  • Mr. Joel D. Keaton, Chief Operating Officer (Age 50, Pay $1.21M) (LinkedIn Profile)
  • Mr. Jeffrey P. Foster, Sr. VP, Chief Legal Officer & Sec. (Age 52, Pay $1.23M) (LinkedIn Profile)
  • Mr. Charles W. Place, Director, Investor Relations
  • Mr. Daniel Ruble CFA, VP of Marketing
  • Mr. Joe Fitzgerald, VP of Operations
  • Mr. Carey Parsons, VP of Operations
  • Mr. Guy Middlebrooks, VP of Third-Party Management
  • Joshua Schutzer, Director of Financial Analysis
What is Christopher P. Marr's approval rating as CubeSmart's CEO?

187 employees have rated CubeSmart CEO Christopher P. Marr on Glassdoor.com. Christopher P. Marr has an approval rating of 80% among CubeSmart'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 Vanguard Group Inc. (14.34%), BlackRock Inc. (8.46%), Principal Financial Group Inc. (4.54%), State Street Corp (4.25%), Cohen & Steers Inc. (3.80%) and JPMorgan Chase & Co. (2.23%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Jeffrey P Foster, Joel D Keaton and Marianne M Keler.
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 BlackRock Inc., JPMorgan Chase & Co., Goldman Sachs Group Inc., Qube Research & Technologies Ltd, Renaissance Technologies LLC, Martingale Asset Management L P, Boston Trust Walden Corp, and Mirae Asset Global Investments Co. Ltd..
View insider buying and selling activity for CubeSmart
or view top insider-selling stocks.

Which major investors are buying CubeSmart stock?

CUBE stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Capital Research Global Investors, Vanguard Group Inc., Principal Financial Group Inc., State Street Corp, Prudential Financial Inc., Alyeska Investment Group L.P., and Vision Capital Corp.
View insider buying and selling activity for CubeSmart
or or view top insider-buying stocks.

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 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 $40.84.

How much money does CubeSmart make?

CubeSmart has a market capitalization of $9.17 billion and generates $657.81 million in revenue each year. The real estate investment trust earns $223.48 million in net income (profit) each year or $1.049990 on an earnings per share basis.

How many employees does CubeSmart have?

CubeSmart employs 2,892 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 or via fax at 216-274-1360.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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