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CubeSmart NYSE:CUBE Stock Report

Last Price

US$45.22

Market Cap

US$10.3b

7D

3.0%

1Y

-0.7%

Updated

28 Mar, 2024

Data

Company Financials +

CUBE Stock Overview

CubeSmart is a self-administered and self-managed real estate investment trust.

CUBE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends5/6

CubeSmart Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CubeSmart
Historical stock prices
Current Share PriceUS$45.22
52 Week HighUS$48.93
52 Week LowUS$33.18
Beta0.71
1 Month Change5.04%
3 Month Change-2.44%
1 Year Change-0.66%
3 Year Change16.64%
5 Year Change41.00%
Change since IPO170.29%

Recent News & Updates

CubeSmart: Why Its Best Days Could Be Over

Mar 09

Recent updates

CubeSmart: Why Its Best Days Could Be Over

Mar 09

CubeSmart: A Wise Dividend Buy With Promising Potential

Feb 19

CubeSmart: Strong Dividend Growth & Trading At A Discount

Dec 06

CubeSmart: Fairly Valued With Potential Growth

Oct 02

CubeSmart's 5% Yield Is A Good Buy On Weakness

Sep 06

CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive

Jul 13

CubeSmart declares $0.49 dividend

Feb 22

CubeSmart Vs. Life Storage: Why LSI Is A Better Buy In 2023

Feb 01

CubeSmart ticks lower amid Hedgeye short idea

Jan 10

CubeSmart: The Newest Addition To My Roth IRA

Dec 14

CubeSmart raises quarterly dividend by 14% to $0.49 /share

Dec 07

CubeSmart: Dividend Increases May Be In Store For This Fast Grower

Sep 25

CubeSmart declares $0.43 dividend

Jul 26

Here's Why We Think CubeSmart (NYSE:CUBE) Is Well Worth Watching

Jul 22
Here's Why We Think CubeSmart (NYSE:CUBE) Is Well Worth Watching

CubeSmart: Potentially Overvalued Amidst Sector Hype

Jul 18

CubeSmart: A Smart Pick With Pricing Power

May 19

Is Now The Time To Put CubeSmart (NYSE:CUBE) On Your Watchlist?

Apr 08
Is Now The Time To Put CubeSmart (NYSE:CUBE) On Your Watchlist?

CubeSmart: A High Yield Opportunity You'll Like

Mar 21

CubeSmart: One Of The Best Income Growth Ideas Out There

Jan 08

Should You Be Adding CubeSmart (NYSE:CUBE) To Your Watchlist Today?

Jan 02
Should You Be Adding CubeSmart (NYSE:CUBE) To Your Watchlist Today?

CubeSmart: A Smart Play For Both Growth And Dividend

Dec 14

Growth Investors: Industry Analysts Just Upgraded Their CubeSmart (NYSE:CUBE) Revenue Forecasts By 10%

Dec 07
Growth Investors: Industry Analysts Just Upgraded Their CubeSmart (NYSE:CUBE) Revenue Forecasts By 10%

CubeSmart Is A Terrific REIT

Oct 01

CubeSmart: Shares Look Fairly Valued

Aug 26

With EPS Growth And More, CubeSmart (NYSE:CUBE) Is Interesting

Aug 11
With EPS Growth And More, CubeSmart (NYSE:CUBE) Is Interesting

CubeSmart: A Quality Firm At A Fair Price

Jun 08

CubeSmart's (NYSE:CUBE) CEO Compensation Looks Acceptable To Us And Here's Why

May 05
CubeSmart's (NYSE:CUBE) CEO Compensation Looks Acceptable To Us And Here's Why

Can You Imagine How CubeSmart's (NYSE:CUBE) Shareholders Feel About The 35% Share Price Increase?

Mar 14
Can You Imagine How CubeSmart's (NYSE:CUBE) Shareholders Feel About The 35% Share Price Increase?

Shareholder Returns

CUBEUS Specialized REITsUS Market
7D3.0%2.1%0.2%
1Y-0.7%3.2%28.1%

Return vs Industry: CUBE underperformed the US Specialized REITs industry which returned 4% over the past year.

Return vs Market: CUBE underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is CUBE's price volatile compared to industry and market?
CUBE volatility
CUBE Average Weekly Movement3.5%
Specialized REITs Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: CUBE has not had significant price volatility in the past 3 months.

Volatility Over Time: CUBE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20043,040Chris Marrhttps://www.cubesmart.com

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, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

CubeSmart Fundamentals Summary

How do CubeSmart's earnings and revenue compare to its market cap?
CUBE fundamental statistics
Market capUS$10.27b
Earnings (TTM)US$410.76m
Revenue (TTM)US$1.05b

24.8x

P/E Ratio

9.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CUBE income statement (TTM)
RevenueUS$1.05b
Cost of RevenueUS$270.28m
Gross ProfitUS$784.66m
Other ExpensesUS$373.91m
EarningsUS$410.76m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin74.38%
Net Profit Margin38.94%
Debt/Equity Ratio101.5%

How did CUBE perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

72%

Payout Ratio

Does CUBE pay a reliable dividends?

See CUBE dividend history and benchmarks
When do you need to buy CUBE by to receive an upcoming dividend?
CubeSmart dividend dates
Ex Dividend DateMar 28 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend2 days
Days until Dividend pay date16 days

Does CUBE pay a reliable dividends?

See CUBE dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.