NYSE:CUBE CubeSmart - CUBE Stock Forecast, Price & News Adding Choose a watchlist: 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. $45.12 +0.97 (+2.20%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$43.99▼$45.1250-Day Range$41.72▼$48.6552-Week Range$36.82▼$54.95Volume2.23 million shsAverage Volume2.18 million shsMarket Capitalization$10.14 billionP/E Ratio34.98Dividend Yield4.34%Price Target$48.57 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CubeSmart MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.6% Upside$48.57 Price TargetShort InterestHealthy4.91% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth5.54%From $2.71 to $2.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.37 out of 5 starsFinance Sector358th out of 868 stocksReal Estate Investment Trusts Industry74th out of 190 stocks 1.4 Analyst's Opinion Consensus RatingCubeSmart has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.57, CubeSmart has a forecasted upside of 7.6% from its current price of $45.12.Amount of Analyst CoverageCubeSmart has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.91% of the outstanding shares of CubeSmart have been sold short.Short Interest Ratio / Days to CoverCubeSmart has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CubeSmart has recently decreased by 4.75%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCubeSmart has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of CubeSmart is 151.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, CubeSmart will have a dividend payout ratio of 68.53% next year. This indicates that CubeSmart will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CUBE. Previous Next 3.7 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CubeSmart this week, compared to 3 articles on an average week.Search Interest24 people have searched for CUBE on MarketBeat in the last 30 days. This is an increase of 85% compared to the previous 30 days.MarketBeat Follows7 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CubeSmart insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.28% of the stock of CubeSmart is held by insiders.Percentage Held by Institutions93.62% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for CubeSmart are expected to grow by 5.54% in the coming year, from $2.71 to $2.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 34.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.78.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 34.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 133.75.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 3.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CubeSmart (NYSE:CUBE) StockCubeSmart operates as a self-managed and self-administered real estate investment trust with its operations conducted solely through CubeSmart LP and its subsidiaries. It owns, operates, develops, manages, and acquires self-storage properties. The company was founded in July 2004 and is headquartered in Malvern, PA.Read More Receive CUBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CubeSmart and its competitors with MarketBeat's FREE daily newsletter. Email Address CUBE Stock News HeadlinesMarch 13, 2023 | marketbeat.comLook To REITs For Reliable Yield Even In Recessionary Environment (CUBE)While office REITs underperform, tailwinds are helping categories including self-storage, entertainment, apartments, industrial spaces, and cell towers.March 22, 2023 | finance.yahoo.comCubeSmart Recognized as one of the Achievers 50 Most Engaged Workplaces® for the Third TimeMarch 24, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 19, 2023 | americanbankingnews.comCubeSmart (NYSE:CUBE) Research Coverage Started at StockNews.comMarch 15, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for CubeSmart Issued By KeyCorp (NYSE:CUBE)March 14, 2023 | finance.yahoo.comWhat Makes CubeSmart (CUBE) a Bullish Investment?March 12, 2023 | seekingalpha.comCubeSmart: Good Company In An Overvalued SectorFebruary 27, 2023 | finance.yahoo.comCubeSmart Stock Shows Improved Relative Price Performance; Still Shy Of BenchmarkMarch 24, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 26, 2023 | finance.yahoo.comCubeSmart (NYSE:CUBE) Q4 2022 Earnings Call TranscriptFebruary 25, 2023 | finance.yahoo.comQ4 2022 CubeSmart Earnings CallFebruary 23, 2023 | finance.yahoo.comCubeSmart (CUBE) Q4 FFO and Revenues Beat EstimatesFebruary 23, 2023 | finance.yahoo.comCubeSmart Reports 2022 Annual ResultsFebruary 22, 2023 | finance.yahoo.comCubeSmart Declares First Quarter 2023 DividendFebruary 21, 2023 | msn.comGolden Cross Appears Before CubeSmart InvestorsFebruary 10, 2023 | finance.yahoo.comBullish 50- And 200-Day Moving Average Crossovers For 3 REITsFebruary 6, 2023 | finance.yahoo.comCubeSmart Stock Getting Closer To Key Technical BenchmarkFebruary 5, 2023 | finance.yahoo.comShould You Be Excited About CubeSmart's (NYSE:CUBE) 8.8% Return On Equity?January 17, 2023 | finance.yahoo.comCubeSmart Announces Tax Allocations of 2022 DistributionsDecember 14, 2022 | seekingalpha.comCubeSmart: The Newest Addition To My Roth IRADecember 12, 2022 | seekingalpha.comEquity REITs down this week, office and healthcare major laggardsDecember 9, 2022 | finance.yahoo.comAmerican Tower (AMT) Rewards Investors With 6.1% Dividend HikeDecember 8, 2022 | benzinga.comIf you Invested $10K in CubeSmart 5 Years Ago, Here's How Much You Would Be Making In Dividends TodayDecember 7, 2022 | finance.yahoo.comCubeSmart Announces 14.0% Increase in Quarterly Common DividendDecember 5, 2022 | finance.yahoo.comPINE vs. CUBE: Which Stock Should Value Investors Buy Now?November 11, 2022 | finance.yahoo.comCubeSmart Vs. Life Storage: Which REIT Is The Better Buy?November 8, 2022 | finance.yahoo.comCubeSmart Third Quarter 2022 Earnings: Beats ExpectationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CUBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CubeSmart and its competitors with MarketBeat's FREE daily newsletter. Email Address CUBE Company Calendar Last Earnings4/28/2022Ex-Dividend for 1/17 Dividend12/30/2022Dividend Payable1/17/2023Today3/24/2023Ex-Dividend for 4/17 Dividend3/31/2023Dividend Payable4/17/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:CUBE CUSIP22966310 CIK1298675 Webwww.cubesmart.com Phone(610) 535-5000Fax216-274-1360Employees2,804Year FoundedN/APrice Target and Rating Average Stock Price Forecast$48.57 High Stock Price Forecast$58.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+10.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.29 Trailing P/E Ratio34.23 Forward P/E Ratio16.29 P/E Growth3.24Net Income$291.26 million Net Margins28.85% Pretax Margin28.97% Return on Equity10.25% Return on Assets4.57% Debt Debt-to-Equity Ratio1.05 Current Ratio0.04 Quick Ratio0.04 Sales & Book Value Annual Sales$1.01 billion Price / Sales9.82 Cash Flow$2.58 per share Price / Cash Flow17.12 Book Value$12.65 per share Price / Book3.49Miscellaneous Outstanding Shares224,630,000Free Float221,756,000Market Cap$9.92 billion OptionableOptionable Beta0.57 Key ExecutivesChristopher P. MarrPresident, Chief Executive Officer & TrusteeJoel D. KeatonChief Operating OfficerTimothy M. MartinChief Financial Officer & TreasurerJeffrey P. FosterSecretary, Chief Legal Officer & Senior VPJosh SchutzerSenior Director-Finance & Head-Investor RelationsKey CompetitorsLife StorageNYSE:LSIHealthcare Realty TrustNYSE:HROmega Healthcare InvestorsNYSE:OHIRyman Hospitality PropertiesNYSE:RHPMedical Properties TrustNYSE:MPWView All CompetitorsInstitutional OwnershipVoya Investment Management LLCBought 133,331 shares on 2/28/2023Ownership: 0.072%NatixisBought 121,600 shares on 2/24/2023Ownership: 0.054%Teachers Retirement System of The State of KentuckyBought 28,239 shares on 2/22/2023Ownership: 0.013%Macquarie Group Ltd.Bought 18,690 shares on 2/21/2023Ownership: 0.055%Northwestern Mutual Investment Management Company LLCBought 20,783 shares on 2/21/2023Ownership: 0.009%View All Institutional Transactions CUBE Stock - Frequently Asked Questions Should I buy or sell CubeSmart stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CUBE shares. View CUBE analyst ratings or view top-rated stocks. What is CubeSmart's stock price forecast for 2023? 8 equities research analysts have issued 1-year price objectives for CubeSmart's shares. Their CUBE share price forecasts range from $41.00 to $58.00. On average, they predict the company's share price to reach $48.57 in the next twelve months. This suggests a possible upside of 10.0% 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 2023? CubeSmart's stock was trading at $40.25 at the beginning of 2023. Since then, CUBE shares have increased by 9.7% and is now trading at $44.15. View the best growth stocks for 2023 here. When is CubeSmart's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our CUBE earnings forecast. How were CubeSmart's earnings last quarter? CubeSmart (NYSE:CUBE) posted its quarterly earnings data 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 had revenue of $238.57 million for the quarter, compared to the consensus estimate of $240.13 million. CubeSmart had a trailing twelve-month return on equity of 10.25% and a net margin of 28.85%. The business's quarterly revenue was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart? CubeSmart declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Monday, April 3rd will be paid a dividend of $0.49 per share on Monday, April 17th. This represents a $1.96 annualized dividend and a dividend yield of 4.44%. The ex-dividend date of this dividend is Friday, March 31st. Read our dividend analysis for CUBE. What ETFs hold CubeSmart's stock? ETFs with the largest weight of CubeSmart (NYSE:CUBE) stock in their portfolio include Nuveen Short-Term REIT ETF (NURE), Janus Henderson U.S. Real Estate ETF (JRE), Pacer Industrial Real Estate ETF (INDS), Principal Real Estate Active Opportunities ETF (BYRE), Fidelity Real Estate Investment ETF (FPRO), iShares Residential and Multisector Real Estate ETF (REZ), Invesco Real Assets ESG ETF (IVRA) and ETFB Green SRI REITs ETF (RITA). Is CubeSmart a good dividend stock? CubeSmart (NYSE:CUBE) pays an annual dividend of $1.96 per share and currently has a dividend yield of 4.25%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 151.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CUBE will have a dividend payout ratio of 68.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CUBE. What guidance has CubeSmart issued on next quarter's earnings? CubeSmart updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $2.64-$2.71 for the period, compared to the consensus EPS estimate of $2.69. The company issued revenue guidance of -. 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). 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 retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (5.76%), Norges Bank (3.25%), T. Rowe Price Investment Management Inc. (2.50%), JPMorgan Chase & Co. (2.38%), Price T Rowe Associates Inc. MD (2.13%) and Alliancebernstein L.P. (2.09%). Insiders that own company stock include Christopher P Marr, Jeffrey P Foster, Jeffrey P Foster, Joel D Keaton and Marianne M Keler. 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 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 $44.15. How much money does CubeSmart make? CubeSmart (NYSE:CUBE) has a market capitalization of $9.92 billion and generates $1.01 billion in revenue each year. The real estate investment trust earns $291.26 million in net income (profit) each year or $1.29 on an earnings per share basis. How many employees does CubeSmart have? The company employs 2,804 workers across the globe. How can I contact CubeSmart? CubeSmart's mailing address is 5 OLD LANCASTER ROAD, MALVERN PA, 19355. The official website for the company is www.cubesmart.com. The real estate investment trust can be reached via phone at (610) 535-5000, via email at investors@cubesmart.com, or via fax at 216-274-1360. This page (NYSE:CUBE) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.