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 Real estate investment trusts
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 Date7/25/2019 (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 announced a quarterly dividend on Wednesday, May 15th. Stockholders of record on Monday, July 1st will be paid a dividend of $0.32 per share on Monday, July 15th. This represents a $1.28 annualized dividend and a dividend yield of 3.86%. The ex-dividend date is Friday, June 28th. View CubeSmart's Dividend History.
How were CubeSmart's earnings last quarter?
CubeSmart (NYSE:CUBE) released its earnings results on Thursday, April, 25th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.40. The real estate investment trust earned $152.85 million during the quarter, compared to the consensus estimate of $154.06 million. CubeSmart had a return on equity of 9.67% and a net margin of 28.02%. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 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 issued an update on its FY19 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $1.65-1.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.66. CubeSmart also updated its Q2 guidance to $0.41-0.42 EPS.
What price target have analysts set for CUBE?
7 equities research analysts have issued 12-month target prices for CubeSmart's stock. Their predictions range from $25.22 to $37.00. On average, they anticipate CubeSmart's stock price to reach $31.37 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for CubeSmart.
What is the consensus analysts' recommendation for CubeSmart?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CubeSmart.
Has CubeSmart been receiving favorable news coverage?
Media headlines about CUBE stock have been trending somewhat negative on Monday, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of CubeSmart's key competitors?
Some companies that are related to CubeSmart include DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Essex Property Trust (ESS), Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), HCP (HCP), Host Hotels and Resorts (HST), WP Carey (WPC), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA) and Vornado Realty Trust (VNO).
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 (Age 48)
- Mr. Jeffrey P. Foster, Sr. VP, Chief Legal Officer & Sec. (Age 49)
- Mr. Joel Keaton, Sr. VP of Operations (Age 47)
- Mr. Charles W. Place, Director, Investor Relations
Who are CubeSmart's major shareholders?
CubeSmart's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.44%), FMR LLC (5.39%), Principal Financial Group Inc. (3.83%), Cbre Clarion Securities LLC (3.01%), Centersquare Investment Management LLC (2.62%) and Centersquare Investment Management LLC (2.58%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster, Jonathan L Perry and Timothy M Martin. View Institutional Ownership Trends for CubeSmart.
Which institutional investors are selling CubeSmart stock?
CUBE stock was sold by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Centersquare Investment Management LLC, Cbre Clarion Securities LLC, Daiwa Securities Group Inc., JPMorgan Chase & Co., Duff & Phelps Investment Management Co., Renaissance Technologies LLC and Morgan Stanley. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, Jeffrey P Foster and Timothy M Martin. View Insider Buying and Selling for CubeSmart.
Which institutional investors are buying CubeSmart stock?
CUBE stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, PGGM Investments, Principal Financial Group Inc., Goldman Sachs Group Inc., Commonwealth Bank of Australia, Timbercreek Investment Management Inc., Geode Capital Management LLC and Diamond Hill Capital Management Inc.. 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 $33.12.
How big of a company is CubeSmart?
CubeSmart has a market capitalization of $6.24 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.
