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NYSE:CUBECubeSmart Stock Price, Forecast & News

-0.16 (-0.52 %)
(As of 08/12/2020 04:00 PM ET)
Today's Range
Now: $30.49
50-Day Range
MA: $28.24
52-Week Range
Now: $30.49
Volume1.21 million shs
Average Volume1.72 million shs
Market Capitalization$5.90 billion
P/E Ratio36.30
Dividend Yield4.33%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs



Sales & Book Value

Annual Sales$643.91 million
Cash Flow$1.75 per share
Book Value$9.34 per share


Net Income$169.12 million


Market Cap$5.90 billion
Next Earnings Date10/22/2020 (Estimated)
-0.16 (-0.52 %)
(As of 08/12/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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CubeSmart (NYSE:CUBE) Frequently Asked Questions

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

CubeSmart's stock was trading at $30.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CUBE stock has decreased by 0.7% and is now trading at $30.49.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of CubeSmart?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for CubeSmart

When is CubeSmart's next earnings date?

CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for CubeSmart

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) released its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.39 by $0.19. The real estate investment trust had revenue of $163.80 million for the quarter, compared to analyst estimates of $162.55 million. CubeSmart had a net margin of 24.34% and a return on equity of 8.89%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $0.42 earnings per share.
View CubeSmart's earnings history

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

CubeSmart announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.33 per share on Thursday, October 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.33%. The ex-dividend date of this dividend is Wednesday, September 30th.
View CubeSmart's dividend history

What price target have analysts set for CUBE?

12 analysts have issued twelve-month target prices for CubeSmart's shares. Their forecasts range from $21.00 to $35.00. On average, they anticipate CubeSmart's share price to reach $29.91 in the next twelve months. This suggests that the stock has a possible downside of 1.9%.
View analysts' price targets for CubeSmart

Has CubeSmart been receiving favorable news coverage?

Headlines about CUBE stock have trended extremely negative on Thursday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CubeSmart earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about CubeSmart

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,970,000 shares, an increase of 32.9% from the April 30th total of 3,740,000 shares. Based on an average trading volume of 2,020,000 shares, the days-to-cover ratio is presently 2.5 days.
View CubeSmart's Short Interest

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 AT&T (T), Opko Health (OPK), Cisco Systems (CSCO), AbbVie (ABBV), Chipotle Mexican Grill (CMG), DIGITAL RLTY TR/SH (DLR), NVIDIA (NVDA), American Tower (AMT), Intel (INTC) and Micron Technology (MU).

Who are CubeSmart's key executives?

CubeSmart's management team includes the following 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

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 Principal Financial Group Inc. (4.30%), PGGM Investments (3.58%), Diamond Hill Capital Management Inc. (2.18%), Cbre Clarion Securities LLC (2.03%), Resolution Capital Ltd (1.81%) and Sumitomo Mitsui Trust Holdings Inc. (1.27%). Company insiders that own CubeSmart stock include Christopher P Marr, Jeffrey P Foster 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 Bank of New York Mellon Corp, UBS Group AG, PGGM Investments, WINTON GROUP Ltd, Gateway Investment Advisers LLC, SG Americas Securities LLC, Raymond James & Associates, and Unigestion Holding SA. Company insiders that have sold CubeSmart company stock in the last year include Christopher P Marr, and Timothy M Martin.
View insider buying and selling activity for CubeSmart

Which institutional investors are buying CubeSmart stock?

CUBE stock was purchased by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Goldman Sachs Group Inc., Barclays PLC, Diamond Hill Capital Management Inc., Principal Financial Group Inc., First Trust Advisors LP, Duff & Phelps Investment Management Co., and Hill Winds Capital LP.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CubeSmart's stock price today?

One share of CUBE stock can currently be purchased for approximately $30.49.

How big of a company is CubeSmart?

CubeSmart has a market capitalization of $5.90 billion and generates $643.91 million in revenue each year. The real estate investment trust earns $169.12 million in net income (profit) each year or $1.69 on an earnings per share basis. CubeSmart employs 3,011 workers across the globe.

What is CubeSmart's official website?

The official website for CubeSmart is 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 610-535-5700.

This page was last updated on 8/13/2020 by MarketBeat.com Staff

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