CubeSmart Future Growth

Future criteria checks 0/6

CubeSmart is forecast to grow earnings and revenue by 2.2% and 5% per annum respectively. EPS is expected to grow by 2.2% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

2.2%

Earnings growth rate

2.2%

EPS growth rate

Specialized REITs earnings growth	8.2%
Revenue growth rate	5.0%
Future return on equity	15.3%
Analyst coverage	Good
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

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

Dec 07

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

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

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

Mar 14

Earnings and Revenue Growth Forecasts

NYSE:CUBE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,180	421	N/A	N/A	1
12/31/2025	1,111	407	N/A	N/A	5
12/31/2024	1,060	388	N/A	N/A	5
3/31/2024	1,060	408	625	625	N/A
12/31/2023	1,055	411	611	611	N/A
9/30/2023	1,051	380	611	611	N/A
6/30/2023	1,044	390	605	605	N/A
3/31/2023	1,031	351	597	597	N/A
12/31/2022	1,013	291	591	591	N/A
9/30/2022	973	255	553	553	N/A
6/30/2022	924	230	516	516	N/A
3/31/2022	875	220	482	482	N/A
12/31/2021	848	223	449	449	N/A
9/30/2021	782	220	426	426	N/A
6/30/2021	741	180	380	380	N/A
3/31/2021	705	169	368	368	N/A
12/31/2020	679	166	351	351	N/A
9/30/2020	666	165	340	340	N/A
6/30/2020	660	161	343	343	N/A
3/31/2020	655	172	337	337	N/A
12/31/2019	655	169	332	332	N/A
9/30/2019	632	175	330	330	N/A
6/30/2019	619	176	326	326	N/A
3/31/2019	607	165	314	314	N/A
12/31/2018	597	164	304	304	N/A
9/30/2018	587	155	303	303	N/A
6/30/2018	577	150	301	301	N/A
3/31/2018	568	144	290	290	N/A
12/31/2017	558	134	N/A	292	N/A
9/30/2017	546	118	N/A	286	N/A
6/30/2017	534	104	N/A	287	N/A
3/31/2017	521	91	N/A	270	N/A
12/31/2016	507	80	N/A	263	N/A
9/30/2016	490	92	N/A	256	N/A
6/30/2016	475	86	N/A	241	N/A
3/31/2016	459	79	N/A	236	N/A
12/31/2015	444	72	N/A	217	N/A
9/30/2015	428	40	N/A	210	N/A
6/30/2015	407	30	N/A	195	N/A
3/31/2015	388	24	N/A	179	N/A
12/31/2014	371	20	N/A	166	N/A
9/30/2014	354	20	N/A	158	N/A
6/30/2014	341	17	N/A	149	N/A
3/31/2014	328	10	N/A	147	N/A
12/31/2013	317	4	N/A	143	N/A
9/30/2013	308	-5	N/A	136	N/A
6/30/2013	294	-11	N/A	131	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CUBE's forecast earnings growth (2.2% per year) is below the savings rate (2.4%).

Earnings vs Market: CUBE's earnings (2.2% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: CUBE's earnings are forecast to grow, but not significantly.

Revenue vs Market: CUBE's revenue (5% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: CUBE's revenue (5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CUBE's Return on Equity is forecast to be low in 3 years time (15.3%).

CubeSmart Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

CubeSmart Provides Earnings Guidance for Second Quarter and Full Year 2024

CubeSmart Revises Earnings Guidance for the Full Year 2023

Consensus EPS estimates increase by 10%

CubeSmart Provides Earnings Guidance for the Fourth Quarter 2022

Price target increased to US$56.00

CubeSmart Provides Earnings Guidance for the Third Quarter and Year of 2022

Recent updates

CubeSmart Provides Earnings Guidance for Second Quarter and Full Year 2024

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

CubeSmart, Annual General Meeting, May 21, 2024

CubeSmart to Report Q1, 2024 Results on Apr 25, 2024

Fourth quarter dividend of US$0.51 announced

Cubesmart Declares Quarterly Dividend on Common Share for the Period Ending March 31, 2024, Payable on April 15, 2024

CubeSmart: Why Its Best Days Could Be Over

Chief Operating Officer notifies of intention to sell stock

Full year 2023 earnings released: EPS: US$1.82 (vs US$1.30 in FY 2022)

CubeSmart (NYSE:CUBE) acquired two -store portfolio located in Connecticut for $20.2 million.

CubeSmart: A Wise Dividend Buy With Promising Potential

CubeSmart to Report Q4, 2023 Results on Feb 29, 2024

Upcoming dividend of US$0.51 per share at 4.4% yield

CubeSmart Announces Quarterly Dividend, Payable on January 16, 2024

CubeSmart: Strong Dividend Growth & Trading At A Discount

An unknown buyer acquired California Yacht Club, Inc. from CubeSmart (NYSE:CUBE).

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

CubeSmart to Report Q3, 2023 Results on Nov 02, 2023

CubeSmart: Fairly Valued With Potential Growth

Upcoming dividend of US$0.49 per share at 5.0% yield

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

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

CubeSmart Revises Earnings Guidance for the Full Year 2023

CubeSmart Declares Third Quarter Dividend for the Period Ending September 30, 2023, Payable on October 16, 2023

CubeSmart to Report Q2, 2023 Results on Aug 03, 2023

CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive

Upcoming dividend of US$0.49 per share at 4.4% yield

Senior VP notifies of intention to sell stock

CubeSmart Declares Second Quarter 2023 Dividend, Payable on July 17, 2023

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 10%

CEO, President & Trustee notifies of intention to sell stock

Now 20% undervalued

Full year 2022 earnings: EPS exceeds analyst expectations

CubeSmart declares $0.49 dividend

Now 21% undervalued

CubeSmart to Report Q4, 2022 Results on Feb 23, 2023

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

CubeSmart ticks lower amid Hedgeye short idea

Upcoming dividend of US$0.49 per share

CubeSmart: The Newest Addition To My Roth IRA

CubeSmart Announces Increase in Quarterly Common Dividend, Payable on January 17, 2023

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

CubeSmart Provides Earnings Guidance for the Fourth Quarter 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

CubeSmart Appoints Dr. Jit Kee Chin to Serve as Member of the Board

CubeSmart to Report Q3, 2022 Results on Oct 27, 2022

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

Upcoming dividend of US$0.43 per share

Price target increased to US$56.00

CubeSmart Provides Earnings Guidance for the Third Quarter and Year of 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Cubesmart Declares Third Quarter 2022 Dividend, Payable on October 17, 2022

CubeSmart declares $0.43 dividend

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

CubeSmart: Potentially Overvalued Amidst Sector Hype

CubeSmart to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.43 per share

CubeSmart: A Smart Pick With Pricing Power

CubeSmart Declares Second Quarter 2022 Dividend, Payable on July 15, 2022

First quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

CubeSmart to Report Q1, 2022 Results on Apr 28, 2022

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

CubeSmart, Annual General Meeting, May 17, 2022

Upcoming dividend of US$0.43 per share

CubeSmart: A High Yield Opportunity You'll Like

CubeSmart Announces Executive Changes

Full year 2021 earnings: EPS misses analyst expectations