NYSE:CUBE - CubeSmart Stock Price, News, & Analysis

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$30.22 +0.62 (+2.09 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$30.22
Today's Range$29.26 - $30.51
52-Week Range$26.55 - $33.18
Volume1.66 million shs
Average Volume1.33 million shs
Market Capitalization$5.63 billion
P/E Ratio17.94
Dividend Yield4.32%
Beta0.31
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 2018 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP22966310
Phone610-535-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$558.94 million
Cash Flow$1.5947 per share
Book Value$9.04 per share

Profitability

Net Income$134.28 million

Miscellaneous

Employees2,508
Market Cap$5.63 billion
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 paid a dividend of $0.32 per share on Monday, April 15th. This represents a $1.28 annualized dividend and a yield of 4.24%. The ex-dividend date is Friday, March 29th. View CubeSmart's Dividend History.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) issued its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.42 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.42. The real estate investment trust earned $134.74 million during the quarter, compared to analysts' expectations of $154.27 million. CubeSmart had a net margin of 28.32% and a return on equity of 9.81%. The company's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. View CubeSmart's Earnings History.

When is CubeSmart's next earnings date?

CubeSmart is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CubeSmart.

What guidance has CubeSmart issued on next quarter's earnings?

CubeSmart updated its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus 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?

7 equities research analysts have issued twelve-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 $31.3171 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. 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 coverage about CUBE stock has trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CubeSmart earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of CubeSmart's key competitors?

What other stocks do shareholders of CubeSmart own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Celgene (CELG), Adobe (ADBE), Micron Technology (MU), Activision Blizzard (ATVI), Visa (V) and AbbVie (ABBV).

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 a number of of institutional and retail investors. Top institutional shareholders 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, Principal Financial Group Inc., Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Northern Trust Corp and First Quadrant L P CA. 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 Securian Asset Management Inc, BlackRock Inc., Amundi Pioneer Asset Management Inc., Commonwealth Bank of Australia, D. E. Shaw & Co. Inc., Sumitomo Mitsui Asset Management Company LTD, Geode Capital Management LLC and Los Angeles Capital Management & Equity Research 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 $30.22.

How big of a company is CubeSmart?

CubeSmart has a market capitalization of $5.63 billion and generates $558.94 million in revenue each year. CubeSmart employs 2,508 workers across the globe.

What is CubeSmart's official website?

The official website for CubeSmart is http://www.cubesmart.com.

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  354 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  635
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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