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

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$33.76 +0.21 (+0.63 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$33.76
Today's Range$33.6278 - $33.83
52-Week Range$27.19 - $33.83
Volume1.18 million shs
Average Volume1.39 million shs
Market Capitalization$6.36 billion
P/E Ratio20.59
Dividend Yield3.82%
Beta0.28
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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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$597.94 million
Cash Flow$1.6863 per share
Book Value$9.07 per share

Profitability

Net Income$163.89 million

Miscellaneous

Employees2,815
Market Cap$6.36 billion
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 declared a quarterly dividend on Wednesday, May 15th. Shareholders of record on Monday, July 1st will be given a dividend of $0.32 per share on Monday, July 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.79%. 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 quarterly earnings results on Thursday, April, 25th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.40. The real estate investment trust had revenue of $152.85 million for the quarter, compared to analyst estimates of $154.06 million. CubeSmart had a net margin of 28.02% and a return on equity of 9.67%. CubeSmart's revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share. View CubeSmart's Earnings History.

When is CubeSmart's next earnings date?

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

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 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 brokers have issued 1-year target prices for CubeSmart's stock. Their predictions range from $25.22 to $37.00. On average, they expect CubeSmart's share price to reach $31.37 in the next year. This suggests that the stock has a possible downside of 7.1%. 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?

News headlines about CUBE stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CubeSmart earned a news impact score of 0.8 on InfoTrie's scale. They also gave 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 effect on the company's share price in the next few days.

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 Celgene (CELG), NVIDIA (NVDA), Opko Health (OPK), Activision Blizzard (ATVI), Cisco Systems (CSCO), Alibaba Group (BABA), Citigroup (C), Micron Technology (MU), AT&T (T) and Adobe (ADBE).

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 many different of retail and institutional investors. Top institutional investors 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 major 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 major investors are buying CubeSmart stock?

CUBE stock was purchased 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 $33.76.

How big of a company is CubeSmart?

CubeSmart has a market capitalization of $6.36 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?

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:  364 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  661
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 5/25/2019 by MarketBeat.com Staff

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