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 N/A
Sub-IndustrySpecialized REITs
SectorFinance
Phone610-535-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$597.94 million
Profitability
Miscellaneous
Employees2,815
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
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 Wednesday, February 20th. Investors of record on Monday, April 1st will be given a dividend of $0.32 per share on Monday, April 15th. This represents a $1.28 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Friday, March 29th. View CubeSmart's Dividend History.
How were CubeSmart's earnings last quarter?
CubeSmart (NYSE:CUBE) announced its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 EPS for the quarter, hitting the Zacks' consensus estimate of $0.42. The real estate investment trust had revenue of $134.74 million for the quarter, compared to the consensus estimate of $154.27 million. CubeSmart had a return on equity of 9.74% and a net margin of 28.32%. CubeSmart's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 earnings per share. View CubeSmart's Earnings History.
When is CubeSmart's next earnings date?
What guidance has CubeSmart issued on next quarter's earnings?
CubeSmart updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67. CubeSmart also updated its FY 2019 guidance to $1.64-1.69 EPS.
What price target have analysts set for CUBE?
6 brokerages have issued 1 year target prices for CubeSmart's shares. Their predictions range from $25.22 to $37.00. On average, they expect CubeSmart's stock price to reach $31.37 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View Analyst Price Targets for CubeSmart.
What is the consensus analysts' recommendation for CubeSmart?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 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?
Press coverage about CUBE stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are some of CubeSmart's key competitors?
Some companies that are related to CubeSmart include Discover Financial Services (DFS), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), Blackstone Group (BX), Vonovia SE Depository Receipt (VONOY), LEG & GEN GRP P/S (LGGNY), Ventas (VTR), Willis Towers Watson (WLTW), Skandinaviska Enskilda Banken (SVKEF), SBA Communications (SBAC), CHINA CONSTR BK/ADR (CICHY), Realty Income (O), Swedbank (SWDBY), CHINA MERCHANTS/ADR (CIHKY) and National Bank of Canada (NA).
What other stocks do shareholders of CubeSmart own?
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 & Principal Accounting Officer (Age 48)
- Mr. Jeffrey P. Foster, Sr. VP, Chief Legal Officer & Sec. (Age 49)
- Mr. Joel Keaton, Sr. VP of Operations (Age 47)
- Mr. Ajai Nair, Chief Information Officer & VP
Who are CubeSmart's major shareholders?
CubeSmart's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.60%), Principal Financial Group Inc. (3.58%), Lasalle Investment Management Securities LLC (2.39%), Cohen & Steers Inc. (1.93%), Diamond Hill Capital Management Inc. (1.66%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own CubeSmart stock include Christopher P Marr, Jonathan L Perry 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Lasalle Investment Management Securities LLC, American Century Companies Inc., Principal Financial Group Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC and Northern Trust Corp. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jonathan L Perry and Timothy M Martin. View Insider Buying and Selling for CubeSmart.
Which major investors are buying CubeSmart stock?
CUBE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Securian Asset Management Inc, BlackRock Inc., Amundi Pioneer Asset Management Inc., Commonwealth Bank of Australia, D. E. Shaw & Co. Inc. and Sumitomo Mitsui Asset Management Company LTD. 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 $31.12.
How big of a company is CubeSmart?
CubeSmart has a market capitalization of $5.82 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.
What is CubeSmart's official website?
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)
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.
