CubeSmart (CUBE *) Stock Overview
A self-administered and self-managed real estate investment trust. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
CUBE * Community Fair Values
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CubeSmart Competitors
FIBRA Storage
Fideicomiso Opsimex
Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo
Fibra UNO
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 |
| 1 Month Change | 0% |
| 3 Month Change | 1.52% |
| 1 Year Change | n/a |
| 3 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% | 1.9% | -1.5% |
| 1Y | n/a | -5.1% | 21.3% |
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 | 2.1% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in MX Market | 6.2% |
| 10% least volatile stocks in MX Market | 2.3% |
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 |
Is 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 comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/18 21:09 |
| End of Day Share Price | 2024/08/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CubeSmart is covered by 36 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Milligan | Baird |
| Brendan Lynch | Barclays |
| Keegan Carl | Berenberg |