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DOW   32,920.46
QQQ   290.27
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Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
The Next Big Crisis Is Here (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Hot craft spirits opportunity you don't want to miss (Ad)pixel
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
The Next Big Crisis Is Here (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 

CubeSmart - CUBE Stock Forecast, Price & News

$44.21
-0.50 (-1.12%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$43.70
$44.76
50-Day Range
$38.91
$44.71
52-Week Range
$36.82
$54.95
Volume
1.79 million shs
Average Volume
1.98 million shs
Market Capitalization
$9.93 billion
P/E Ratio
38.78
Dividend Yield
4.38%
Price Target
$48.43

CubeSmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
9.5% Upside
$48.43 Price Target
Short Interest
Bearish
5.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of CubeSmart in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.57%
From $2.51 to $2.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Finance Sector

635th out of 891 stocks

Real Estate Investment Trusts Industry

138th out of 191 stocks


CUBE stock logo

About CubeSmart (NYSE:CUBE) Stock

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.

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CUBE Stock News Headlines

CubeSmart Announces Tax Allocations of 2022 Distributions
Invest in Brooklyn Gin: Hot craft spirits opportunity
Get in on an award winning company in the fast growing craft spirits marketpixel
CubeSmart: The Newest Addition To My Roth IRA
Hot craft spirits opportunity you don't want to miss
Award winning products. Global distribution. New distillery. New products.pixel
CubeSmart Vs. Life Storage: Which REIT Is The Better Buy?
CubeSmart Third Quarter 2022 Earnings: Beats Expectations
CubeSmart Reports Third Quarter 2022 Results
RSI Alert: CubeSmart Now Oversold - Nasdaq
NBC10 Boston Responds and the Broken Elevator
See More Headlines
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CUBE Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 1/17 Dividend
12/30/2022
Dividend Payable
1/17/2023
Today
1/30/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
22966310
Employees
2,892
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$48.43
High Stock Price Forecast
$58.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$223.48 million
Pretax Margin
27.82%

Debt

Sales & Book Value

Annual Sales
$657.81 million
Cash Flow
$2.27 per share
Book Value
$13.21 per share

Miscellaneous

Free Float
221,700,000
Market Cap
$9.93 billion
Optionable
Optionable
Beta
0.52

Key Executives

  • Christopher P. MarrChristopher P. Marr
    President, Chief Executive Officer & Trustee
  • Joel D. KeatonJoel D. Keaton
    Chief Operating Officer
  • Timothy M. Martin
    Chief Financial Officer & Treasurer
  • Jeffrey P. FosterJeffrey P. Foster
    Secretary, Chief Legal Officer & Senior VP
  • Josh Schutzer
    Senior Director-Finance & Head-Investor Relations













CUBE Stock - Frequently Asked Questions

Should I buy or sell CubeSmart stock 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 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CUBE shares.
View CUBE analyst ratings
or view top-rated stocks.

What is CubeSmart's stock price forecast for 2023?

8 Wall Street research analysts have issued 12-month price targets for CubeSmart's stock. Their CUBE share price forecasts range from $41.00 to $58.00. On average, they expect the company's stock price to reach $48.43 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for CUBE
or view top-rated stocks among Wall Street analysts.

How have CUBE shares performed in 2023?

CubeSmart's stock was trading at $40.25 at the start of the year. Since then, CUBE shares have increased by 9.8% and is now trading at $44.21.
View the best growth stocks for 2023 here
.

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 12,260,000 shares, an increase of 51.2% from the December 15th total of 8,110,000 shares. Based on an average daily volume of 2,400,000 shares, the short-interest ratio is currently 5.1 days.
View CubeSmart's Short Interest
.

When is CubeSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CUBE earnings forecast
.

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) announced its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.40. The real estate investment trust earned $238.57 million during the quarter, compared to the consensus estimate of $240.13 million. CubeSmart had a trailing twelve-month return on equity of 10.25% and a net margin of 27.59%. The company's revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the business earned $0.47 earnings per share.

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

CubeSmart announced a quarterly dividend on Wednesday, December 7th. Shareholders of record on Tuesday, January 3rd will be given a dividend of $0.49 per share on Tuesday, January 17th. This represents a $1.96 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend is Friday, December 30th. This is an increase from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for CUBE
.

Is CubeSmart a good dividend stock?

CubeSmart (NYSE:CUBE) pays an annual dividend of $1.96 per share and currently has a dividend yield of 4.38%. CUBE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 171.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CUBE will have a dividend payout ratio of 72.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CUBE.

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

CubeSmart updated its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $0.65-$0.66 for the period, compared to the consensus estimate of $0.66. The company issued revenue guidance of -.

What is Christopher P. Marr's approval rating as CubeSmart's CEO?

187 employees have rated CubeSmart Chief Executive Officer Christopher P. Marr on Glassdoor.com. Christopher P. Marr has an approval rating of 80% among the company'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 variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.98%), Strs Ohio (0.35%), Boston Trust Walden Corp (0.19%), New York State Common Retirement Fund (0.12%), Gateway Investment Advisers LLC (0.10%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Christopher P Marr, Jeffrey P Foster, Jeffrey P Foster, Joel D Keaton and Marianne M Keler.
View institutional ownership trends
.

How do I buy shares of CubeSmart?

Shares of CUBE stock 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 $44.21.

How much money does CubeSmart make?

CubeSmart (NYSE:CUBE) has a market capitalization of $9.93 billion and generates $657.81 million in revenue each year. The real estate investment trust earns $223.48 million in net income (profit) each year or $1.14 on an earnings per share basis.

How many employees does CubeSmart have?

The company employs 2,892 workers across the globe.

How can I contact CubeSmart?

CubeSmart's mailing address is 5 OLD LANCASTER ROAD, MALVERN PA, 19355. The official website for the company is www.cubesmart.com. The real estate investment trust can be reached via phone at (610) 535-5000, via email at investors@cubesmart.com, or via fax at 216-274-1360.

This page (NYSE:CUBE) was last updated on 1/31/2023 by MarketBeat.com Staff