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Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns

CubeSmart - CUBE Stock Forecast, Price & News

$46.52
-0.37 (-0.79%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$45.58
$46.54
50-Day Range
$38.91
$46.89
52-Week Range
$36.82
$54.95
Volume
1.48 million shs
Average Volume
1.80 million shs
Market Capitalization
$10.45 billion
P/E Ratio
40.81
Dividend Yield
4.21%
Price Target
$48.43

CubeSmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.1% Upside
$48.43 Price Target
Short Interest
Bearish
5.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.48mentions of CubeSmart in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.57%
From $2.51 to $2.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Finance Sector

556th out of 858 stocks

Real Estate Investment Trusts Industry

125th out of 189 stocks

CUBE stock logo

About CubeSmart (NYSE:CUBE) Stock

CubeSmart 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.

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CUBE Stock News Headlines

“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
CubeSmart Announces Tax Allocations of 2022 Distributions
CubeSmart: The Newest Addition To My Roth IRA
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
CubeSmart Vs. Life Storage: Which REIT Is The Better Buy?
CubeSmart Third Quarter 2022 Earnings: Beats Expectations
CubeSmart Reports Third Quarter 2022 Results
RSI Alert: CubeSmart Now Oversold - Nasdaq
NBC10 Boston Responds and the Broken Elevator
See More Headlines
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CUBE Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/17 Dividend
12/30/2022
Dividend Payable
1/17/2023
Today
2/05/2023
Next Earnings (Confirmed)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$48.43
High Stock Price Forecast
$58.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$223.48 million
Pretax Margin
27.82%

Debt

Sales & Book Value

Annual Sales
$657.81 million
Cash Flow
$2.29 per share
Book Value
$13.21 per share

Miscellaneous

Free Float
221,700,000
Market Cap
$10.45 billion
Optionable
Optionable
Beta
0.58

Key Executives

  • Christopher P. MarrChristopher P. Marr
    President, Chief Executive Officer & Trustee
  • Joel D. KeatonJoel D. Keaton
    Chief Operating Officer
  • Timothy M. Martin
    Chief Financial Officer & Treasurer
  • Jeffrey P. FosterJeffrey P. Foster
    Secretary, Chief Legal Officer & Senior VP
  • Josh Schutzer
    Senior Director-Finance & Head-Investor Relations













CUBE Stock - Frequently Asked Questions

Should I buy or sell CubeSmart stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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 analysts have issued 1-year target prices for CubeSmart's stock. Their CUBE share price forecasts range from $41.00 to $58.00. On average, they anticipate the company's share price to reach $48.43 in the next twelve months. This suggests a possible upside of 4.1% 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 start of the year. Since then, CUBE shares have increased by 15.6% and is now trading at $46.52.
View the best growth stocks for 2023 here
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in December. As of December 30th, there was short interest totaling 12,260,000 shares, an increase of 51.2% from the December 15th total of 8,110,000 shares. Based on an average trading volume of 2,400,000 shares, the days-to-cover ratio is presently 5.1 days.
View CubeSmart's Short Interest
.

When is CubeSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CUBE earnings forecast
.

How can I listen to CubeSmart's earnings call?

CubeSmart will be holding an earnings conference call on Friday, February 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 226-828-7578 with passcode "997167".

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) released 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 27.59%. CubeSmart's quarterly revenue was up 26.3% compared to the same quarter last year. During the same period in the previous year, the company posted $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, December 7th. Shareholders of record on Tuesday, January 3rd will be given a dividend of $0.49 per share on Tuesday, January 17th. This represents a $1.96 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Friday, December 30th. This is a boost from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for CUBE
.

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 4.18%. 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 171.93%. 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 72.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CUBE.

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 many different institutional and retail investors. Top institutional shareholders include Lasalle Investment Management Securities LLC (1.31%), Sumitomo Mitsui Trust Holdings Inc. (0.98%), Strs Ohio (0.35%), Boston Trust Walden Corp (0.19%), New York State Common Retirement Fund (0.12%) and Davidson Investment Advisors (0.12%). 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 $46.52.

How much money does CubeSmart make?

CubeSmart (NYSE:CUBE) has a market capitalization of $10.45 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 $1.14 on an earnings per share basis.

How many employees does CubeSmart have?

The company employs 2,892 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 2/5/2023 by MarketBeat.com Staff