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 | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
CubeSmart Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.74 |
| 52 Week High | US$55.14 |
| 52 Week Low | US$39.80 |
| Beta | 0.86 |
| 1 Month Change | -14.78% |
| 3 Month Change | -22.62% |
| 1 Year Change | -9.16% |
| 3 Year Change | -25.20% |
| 5 Year Change | 33.27% |
| Change since IPO | 149.49% |
Recent News & Updates
Recent updates
CubeSmart: Buy For Dividend Growth From Self Storage
Dec 17CubeSmart: One Of The Most Boring Business Models Delivers The Most Consistent Returns
Jul 22CubeSmart: Rising Costs And Declining Occupancy Are A Drain On FFO
May 02CubeSmart: Why Its Best Days Could Be Over
Mar 09CubeSmart: A Wise Dividend Buy With Promising Potential
Feb 19CubeSmart: Strong Dividend Growth & Trading At A Discount
Dec 06CubeSmart: Fairly Valued With Potential Growth
Oct 02CubeSmart's 5% Yield Is A Good Buy On Weakness
Sep 06CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive
Jul 13CubeSmart declares $0.49 dividend
Feb 22CubeSmart Vs. Life Storage: Why LSI Is A Better Buy In 2023
Feb 01CubeSmart ticks lower amid Hedgeye short idea
Jan 10CubeSmart: The Newest Addition To My Roth IRA
Dec 14CubeSmart raises quarterly dividend by 14% to $0.49 /share
Dec 07CubeSmart: Dividend Increases May Be In Store For This Fast Grower
Sep 25CubeSmart declares $0.43 dividend
Jul 26CubeSmart: Potentially Overvalued Amidst Sector Hype
Jul 18CubeSmart: A Smart Pick With Pricing Power
May 19CubeSmart: A High Yield Opportunity You'll Like
Mar 21CubeSmart: One Of The Best Income Growth Ideas Out There
Jan 08CubeSmart: A Smart Play For Both Growth And Dividend
Dec 14Shareholder Returns
| CUBE | US Specialized REITs | US Market | |
|---|---|---|---|
| 7D | -10.1% | -8.0% | -3.5% |
| 1Y | -9.2% | -3.5% | 22.1% |
Return vs Industry: CUBE underperformed the US Specialized REITs industry which returned -0.3% over the past year.
Return vs Market: CUBE underperformed the US Market which returned 24% over the past year.
Price Volatility
| CUBE volatility | |
|---|---|
| CUBE Average Weekly Movement | 3.1% |
| Specialized REITs Industry Average Movement | 3.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CUBE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CUBE's weekly volatility (3%) has been stable 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 | US$9.85b |
| Earnings (TTM) | US$401.96m |
| Revenue (TTM) | US$1.07b |
23.5x
P/E Ratio8.8x
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 comparisonDividends
4.9%
Current Dividend Yield75%
Payout RatioDoes CUBE pay a reliable dividends?
See CUBE dividend history and benchmarks| CubeSmart dividend dates | |
|---|---|
| Ex Dividend Date | Jan 02 2025 |
| Dividend Pay Date | Jan 16 2025 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 27 days |
Does CUBE pay a reliable dividends?
See CUBE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:53 |
| End of Day Share Price | 2024/12/19 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
CubeSmart is covered by 31 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 |