S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:CUBE

CubeSmart Stock Forecast, Price & News

$51.08
-1.01 (-1.94%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$50.61
$52.01
50-Day Range
$51.08
$57.02
52-Week Range
$33.68
$57.34
Volume
1.63 million shs
Average Volume
2.58 million shs
Market Capitalization
$11.18 billion
P/E Ratio
46.44
Dividend Yield
3.37%
Beta
0.38
30 days | 90 days | 365 days | Advanced Chart
Receive CUBE 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.


CubeSmart logo

About CubeSmart

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
22966310
Employees
3,111
Year Founded
N/A

Sales & Book Value

Annual Sales
$679.18 million
Cash Flow
$1.66 per share
Book Value
$9.43 per share

Profitability

Net Income
$165.62 million
Pretax Margin
29.15%

Debt

Price-To-Earnings

Miscellaneous

Free Float
216,010,000
Market Cap
$11.18 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 1/18 Dividend
12/31/2021
Today
1/17/2022
Dividend Payable
1/18/2022
Next Earnings (Estimated)
2/24/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.37 out of 5 stars

Finance Sector

341st out of 1,329 stocks

Real Estate Investment Trusts Industry

83rd out of 230 stocks

Analyst Opinion: 1.1Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












CubeSmart (NYSE:CUBE) Frequently Asked Questions

Is CubeSmart a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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.

How has CubeSmart's stock been impacted by Coronavirus (COVID-19)?

CubeSmart's stock was trading at $30.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CUBE shares have increased by 66.4% and is now trading at $51.08.
View which stocks have been most impacted by COVID-19
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in December. As of December 15th, there was short interest totaling 5,570,000 shares, an increase of 43.2% from the November 30th total of 3,890,000 shares. Based on an average daily volume of 1,530,000 shares, the short-interest ratio is presently 3.6 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, February 24th 2022.
View our earnings forecast for CubeSmart
.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) released its quarterly earnings data on Thursday, November, 4th. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.10. The real estate investment trust earned $212.56 million during the quarter, compared to analysts' expectations of $206.64 million. CubeSmart had a trailing twelve-month return on equity of 11.73% and a net margin of 28.28%. The firm's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share.
View CubeSmart's earnings history
.

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

CubeSmart declared a quarterly dividend on Wednesday, November 3rd. Stockholders of record on Monday, January 3rd will be given a dividend of $0.43 per share on Tuesday, January 18th. This represents a $1.72 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Friday, December 31st. This is a boost from CubeSmart's previous quarterly dividend of $0.34.
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 3.37%. 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 156.36%. 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 71.67% 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 fourth quarter 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share (EPS) guidance of $0.560-$0.570 for the period. The company issued revenue guidance of -.

What price target have analysts set for CUBE?

8 analysts have issued 12 month target prices for CubeSmart's shares. Their forecasts range from $36.00 to $60.00. On average, they anticipate CubeSmart's share price to reach $51.00 in the next year. This suggests that the stock has a possible downside of 0.2%.
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:
  • Christopher P. Marr, President, Chief Executive Officer & Trustee
  • Joel D. Keaton, Chief Operating Officer
  • Timothy M. Martin, Chief Financial Officer & Treasurer
  • Jeffrey P. Foster, Secretary, Chief Legal Officer & Senior VP
  • Josh Schutzer, Senior Director-Finance & Head-Investor Relations

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 number of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.10%), State of Alaska Department of Revenue (0.05%), Koshinski Asset Management Inc. (0.00%), Wedbush Securities Inc. (0.00%), Exchange Traded Concepts LLC (0.00%) and Spire Wealth Management (0.00%). Company insiders that own CubeSmart stock include Christopher P Marr, 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 Koshinski Asset Management Inc.. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jeffrey P Foster, and Joel D Keaton.
View insider buying and selling activity for CubeSmart
or view top insider-selling stocks.

Which major investors are buying CubeSmart stock?

CUBE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Wedbush Securities Inc., Exchange Traded Concepts LLC, Gateway Investment Advisers LLC, and Spire Wealth Management.
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 $51.08.

How much money does CubeSmart make?

CubeSmart has a market capitalization of $11.18 billion and generates $679.18 million in revenue each year. The real estate investment trust earns $165.62 million in net income (profit) each year or $1.10 on an earnings per share basis.

How many employees does CubeSmart have?

CubeSmart employs 3,111 workers across the globe.

What is CubeSmart's official website?

The official website for CubeSmart is www.cubesmart.com.

Where are CubeSmart's headquarters?

CubeSmart is headquartered at 5 OLD LANCASTER ROAD, MALVERN PA, 19355.

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 1/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.