S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:CUBE

CubeSmart Stock Forecast, Price & News

$55.58
+0.61 (+1.11%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$55.09
$56.05
50-Day Range
$48.03
$55.79
52-Week Range
$31.44
$56.64
Volume
1.68 million shs
Average Volume
1.11 million shs
Market Capitalization
$12.16 billion
P/E Ratio
50.53
Dividend Yield
2.47%
Beta
0.37
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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

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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
$1.69 per share
Book Value
$8.89 per share

Profitability

Net Income
$165.62 million
Pretax Margin
29.15%

Debt

Price-To-Earnings

Miscellaneous

Free Float
216,010,000
Market Cap
$12.16 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/30/2021
Dividend Payable
10/15/2021
Last Earnings
11/04/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

2.57 out of 5 stars

Finance Sector

243rd out of 1,342 stocks

Real Estate Investment Trusts Industry

45th out of 223 stocks

Analyst Opinion: 2.1Community 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 equities 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 equities 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?

CubeSmart's stock was trading at $30.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CUBE stock has increased by 81.0% and is now trading at $55.58.
View which stocks have been most impacted by COVID-19
.

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) announced its quarterly earnings results 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 the consensus estimate of $206.64 million. CubeSmart had a trailing twelve-month return on equity of 11.73% and a net margin of 28.28%. CubeSmart's revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 EPS.
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 paid a dividend of $0.43 per share on Tuesday, January 18th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend is Friday, December 31st. This is a positive change 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 $1.36 per share and currently has a dividend yield of 2.47%. CubeSmart has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of CubeSmart is 123.64%. 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 56.90% 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 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 brokerages have issued 1-year price targets for CubeSmart's shares. Their forecasts range from $36.00 to $60.00. On average, they expect CubeSmart's share price to reach $51.00 in the next year. This suggests that the stock has a possible downside of 8.2%.
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 investors include BlackRock Inc. (7.55%), Principal Financial Group Inc. (4.04%), Cohen & Steers Inc. (3.44%), PGGM Investments (3.41%), Cbre Investment Management Listed Real Assets LLC (1.83%) and Geode Capital Management LLC (1.68%). 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 PGGM Investments, Cohen & Steers Inc., Invesco Ltd., Uniplan Investment Counsel Inc., BlackRock Inc., Schroder Investment Management Group, Hsbc Holdings PLC, and Voya Investment Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Renaissance Technologies LLC, Sumitomo Mitsui Trust Holdings Inc., Two Sigma Advisers LP, Two Sigma Investments LP, Deutsche Bank AG, GSI Capital Advisors LLC, and B&I Capital AG.
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 $55.58.

How much money does CubeSmart make?

CubeSmart has a market capitalization of $12.16 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 12/9/2021 by MarketBeat.com Staff

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