CUBE * Stock Overview
CubeSmart (the “Parent Company”) operates as a self-managed and self-administered real estate investment trust (“REIT”) with its operations conducted solely through CubeSmart, L.P. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
CubeSmart Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$938.00 |
| 52 Week High | US$942.00 |
| 52 Week Low | US$924.00 |
| Beta | 0.86 |
| 11 Month Change | 0% |
| 3 Month Change | 1.52% |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 6.11% |
Recent News & Updates
Recent updates
Shareholder Returns
| CUBE * | MX Specialized REITs | MX Market | |
|---|---|---|---|
| 7D | 0% | 2.8% | -0.3% |
| 1Y | n/a | 15.7% | -4.0% |
Return vs Industry: Insufficient data to determine how CUBE * performed against the MX Specialized REITs industry.
Return vs Market: Insufficient data to determine how CUBE * performed against the MX Market.
Price Volatility
| CUBE * volatility | |
|---|---|
| CUBE * Average Weekly Movement | n/a |
| Specialized REITs Industry Average Movement | 2.9% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in MX Market | 6.1% |
| 10% least volatile stocks in MX Market | 2.7% |
Stable Share Price: CUBE *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: Insufficient data to determine CUBE *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 3,040 | Chris Marr | www.cubesmart.com |
CubeSmart (the “Parent Company”) operates as a self-managed and self-administered real estate investment trust (“REIT”) with its operations conducted solely through CubeSmart, L.P. and its subsidiaries. CubeSmart, L.P., a Delaware limited partnership (the “Operating Partnership”), operates through an umbrella partnership structure, with the Parent Company, a Maryland REIT, as its sole general partner. As of March 31, 2024, the Company owned (or partially owned and consolidated) self-storage properties located in the District of Columbia and 24 states throughout the United States, which are presented under one reportable segment: the Company owns, operates, develops, manages and acquires self-storage properties..
CubeSmart Fundamentals Summary
| CUBE * fundamental statistics | |
|---|---|
| Market cap | Mex$224.06b |
| Earnings (TTM) | Mex$8.20b |
| Revenue (TTM) | Mex$21.75b |
27.4x
P/E Ratio10.3x
P/S RatioIs CUBE * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CUBE * income statement (TTM) | |
|---|---|
| Revenue | US$1.07b |
| Cost of Revenue | US$288.79m |
| Gross Profit | US$778.13m |
| Other Expenses | US$376.18m |
| Earnings | US$401.96m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.78 |
| Gross Margin | 72.93% |
| Net Profit Margin | 37.67% |
| Debt/Equity Ratio | 100.1% |
How did CUBE * perform over the long term?
See historical performance and comparison