Top-Rated Dividend Stocks 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. $46.52 -0.37 (-0.79%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$45.58▼$46.5450-Day Range$38.91▼$46.8952-Week Range$36.82▼$54.95Volume1.48 million shsAverage Volume1.80 million shsMarket Capitalization$10.45 billionP/E Ratio40.81Dividend Yield4.21%Price Target$48.43 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CubeSmart MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside4.1% Upside$48.43 Price TargetShort InterestBearish5.46% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth7.57%From $2.51 to $2.70 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.2.05 out of 5 starsFinance Sector556th out of 858 stocksReal Estate Investment Trusts Industry125th out of 189 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 $48.43, CubeSmart has a forecasted upside of 4.1% from its current price of $46.52.Amount of Analyst CoverageCubeSmart has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.46% 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 4.9.Change versus previous month Previous Next 4.2 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 4.21%, 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 171.93%. 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 72.59% 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 2.5 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CubeSmart this week, compared to 3 articles on an average week.Search Interest14 people have searched for CUBE on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for CubeSmart are expected to grow by 7.57% in the coming year, from $2.51 to $2.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 40.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.86.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 40.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.81.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 2.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.52. 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 HeadlinesFebruary 5, 2023 | finance.yahoo.comShould You Be Excited About CubeSmart's (NYSE:CUBE) 8.8% Return On Equity?January 31, 2023 | americanbankingnews.comAnalyzing CubeSmart (NYSE:CUBE) & CorEnergy Infrastructure Trust (NYSE:CORR)February 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…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 TodayFebruary 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…December 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 ExpectationsOctober 27, 2022 | finance.yahoo.comCubeSmart Reports Third Quarter 2022 ResultsOctober 18, 2022 | finance.yahoo.comREIT Analysts Are Changing Their Opinions: Find Out Here What's Changed - Yahoo FinanceOctober 17, 2022 | benzinga.comCubeSmart shares are trading higher after UBS initiated coverage on the stock with a Buy rating and announced a price target of $45. - CubeSmart (NYSE:CUBE) - BenzingaOctober 17, 2022 | finance.yahoo.comThose who invested in CubeSmart (NYSE:CUBE) five years ago are up 70%October 14, 2022 | benzinga.comCubeSmart Announces the Date of Its Third Quarter 2022 Earnings Release and Conference Call - CubeSmart ( - BenzingaOctober 13, 2022 | finance.yahoo.comCubeSmart Announces the Date of Its Third Quarter 2022 Earnings Release and Conference CallOctober 12, 2022 | nasdaq.comRSI Alert: CubeSmart Now Oversold - NasdaqOctober 10, 2022 | nasdaq.comHere's Why Public Storage (PSA) is an Apt Portfolio Pick Now - NasdaqOctober 7, 2022 | globenewswire.comSelf Storage Market Size 2022 to 2027 Market Share, | predictable to grow at a CAGR of 7.53% during the forecast period - GlobeNewswireOctober 7, 2022 | finance.yahoo.comSelf Storage Market Size 2022 to 2027 Market Share, | predictable to grow at a CAGR of 7.53% during the forecast period| Top Companies report covers, Global Industry Trends, Statistics, Definition, Share, and Regional Analysis by Key Player - Yahoo FinanceSeptember 29, 2022 | nasdaq.comEx-Dividend Reminder: Ventas, AXIS Capital Holdings and CubeSmart - NasdaqSeptember 28, 2022 | msn.comNBC10 Boston Responds and the Broken ElevatorSeptember 25, 2022 | nasdaq.com5 Top Dividend Stocks You Can't Afford to Overlook - NasdaqSeptember 25, 2022 | fool.com5 Top Dividend Stocks You Can't Afford to Overlook - The Motley FoolSee 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 Payable1/17/2023Today2/05/2023Next Earnings (Confirmed)2/23/2023Fiscal 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) 535-5000Fax216-274-1360Employees2,892Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio40.81 Forward P/E Ratio18.53 P/E Growth2.09Net Income$223.48 million Net Margins27.59% Pretax Margin27.82% Return on Equity10.25% Return on Assets4.55% Debt Debt-to-Equity Ratio1.05 Current Ratio0.04 Quick Ratio0.04 Sales & Book Value Annual Sales$657.81 million Price / Sales15.88 Cash Flow$2.29 per share Price / Cash Flow20.28 Book Value$13.21 per share Price / Book3.52Miscellaneous Outstanding Shares224,570,000Free Float221,700,000Market Cap$10.45 billion OptionableOptionable Beta0.58 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:HRMedical Properties TrustNYSE:MPWOmega Healthcare InvestorsNYSE:OHIRyman Hospitality PropertiesNYSE:RHPView All CompetitorsInsiders & InstitutionsJLP Asset Management LLCBought 137,900 shares on 2/3/2023Ownership: 0.061%OLD National Bancorp INBought 9,192 shares on 2/3/2023Ownership: 0.057%Albion Financial Group UTBought 2,131 shares on 2/3/2023Ownership: 0.019%Illinois Municipal Retirement FundSold 11,809 shares on 2/3/2023Ownership: 0.009%Securian Asset Management Inc.Bought 20,637 shares on 2/3/2023Ownership: 0.009%View All Institutional Transactions 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 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. 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