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CUBE

CubeSmart NYSE:CUBE Stock Report

Last Price

US$44.71

Market Cap

US$10.1b

7D

4.9%

1Y

-12.2%

Updated

29 Jan, 2023

Data

Company Financials +

CUBE Stock Overview

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

CUBE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends6/6

My Notes

New

Notes are coming soon

CubeSmart Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CubeSmart
Historical stock prices
Current Share PriceUS$44.71
52 Week HighUS$54.95
52 Week LowUS$36.82
Beta0.57
1 Month Change11.08%
3 Month Change6.78%
1 Year Change-12.20%
3 Year Change41.17%
5 Year Change68.40%
Change since IPO167.24%

Recent News & Updates

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

Recent updates

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

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?

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

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

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%

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

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

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?

Have Insiders Been Selling CubeSmart (NYSE:CUBE) Shares?

Feb 07
Have Insiders Been Selling CubeSmart (NYSE:CUBE) Shares?

Shareholder Returns

CUBEUS REITsUS Market
7D4.9%2.9%2.8%
1Y-12.2%-13.5%-9.2%

Return vs Industry: CUBE exceeded the US REITs industry which returned -13.5% over the past year.

Return vs Market: CUBE underperformed the US Market which returned -9.2% over the past year.

Price Volatility

Is CUBE's price volatile compared to industry and market?
CUBE volatility
CUBE Average Weekly Movement4.5%
REITs Industry Average Movement4.5%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: CUBE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CUBE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20042,892Chris 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 secure storage space for residential and commercial customers. According to the 2020 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$10.11b
Earnings (TTM)US$254.75m
Revenue (TTM)US$973.04m

39.4x

P/E Ratio

10.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CUBE income statement (TTM)
RevenueUS$973.04m
Cost of RevenueUS$262.83m
Gross ProfitUS$710.22m
Other ExpensesUS$455.47m
EarningsUS$254.75m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.13
Gross Margin72.99%
Net Profit Margin26.18%
Debt/Equity Ratio103.3%

How did CUBE perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

72%

Payout Ratio