CubeSmart (CUBE)

NYSE: CUBE · Real-Time Price · USD
42.04
+0.16 (0.38%)
At close: May 28, 2025, 4:00 PM
42.04
0.00 (0.00%)
After-hours: May 28, 2025, 7:00 PM EDT
0.38%
Market Cap 9.63B
Revenue (ttm) 1.08B
Net Income (ttm) 385.85M
Shares Out 229.10M
EPS (ttm) 1.69
PE Ratio 24.88
Forward PE 27.27
Dividend $2.08 (4.95%)
Ex-Dividend Date Jul 1, 2025
Volume 1,940,318
Open 41.90
Previous Close 41.88
Day's Range 41.46 - 42.04
52-Week Range 34.24 - 55.14
Beta 1.02
Analysts Buy
Price Target 48.43 (+15.2%)
Earnings Date May 1, 2025

About CUBE

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 2025 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. [Read more]

Sector Real Estate
IPO Date Oct 22, 2004
Employees 3,104
Stock Exchange NYSE
Ticker Symbol CUBE
Full Company Profile

Financial Performance

In 2024, CubeSmart's revenue was $1.07 billion, an increase of 1.31% compared to the previous year's $1.05 billion. Earnings were $391.18 million, a decrease of -4.77%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CUBE stock is "Buy." The 12-month stock price forecast is $48.43, which is an increase of 15.20% from the latest price.

Price Target
$48.43
(15.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CubeSmart Declares Second Quarter 2025 Dividend

MALVERN, Pa., May 20, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending June 30, ...

8 days ago - GlobeNewsWire

CubeSmart: A Storage REIT To Store Future Value, As Portfolio Grows

CubeSmart gets a buy rating, standing out as a leading self-storage REIT, benefiting from sector resilience and projected industry growth through 2028. The company's diverse geographic portfolio, high...

8 days ago - Seeking Alpha

3 Great REITs For Buy-And-Hold Investors

Some REITs are truly exceptional. They consistently outperform the market. I highlight three such exceptional REITs to buy and hold "forever".

Other symbols: EXRPSA
13 days ago - Seeking Alpha

CubeSmart (CUBE) Q1 2025 Earnings Conference Call Transcript

CubeSmart (NYSE:CUBE) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Josh Schutzer - VP, Finance Chris Marr - President and CEO Tim Martin - CFO Conference Call Partici...

26 days ago - Seeking Alpha

CubeSmart Reports First Quarter 2025 Results

MALVERN, Pa., May 01, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2025.

27 days ago - GlobeNewsWire

CubeSmart Announces the Date of Its First Quarter 2025 Earnings Release and Conference Call

MALVERN, Pa., April 04, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2025 after the market...

7 weeks ago - GlobeNewsWire

State Of REITs: The 'Dark Age' Is Over

While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu...

2 months ago - Seeking Alpha

21 Upcoming Dividend Increases To Finish Q1

The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding,...

2 months ago - Seeking Alpha

Losers Of REIT Earnings Season

In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...

2 months ago - Seeking Alpha

Why CubeSmart Is Squarely A Hold For Now (Rating Downgrade)

CubeSmart faces near-term headwinds with declining rental rates and occupancy, leading to muted management guidance for 2025. Despite a strong balance sheet and 5.0% dividend yield, CUBE's lack of cle...

3 months ago - Seeking Alpha

CubeSmart (CUBE) Q4 2024 Earnings Call Transcript

CubeSmart (NYSE:CUBE) Q4 2024 Earnings Conference Call February 28, 2025 11:00 AM ET Company Participants Josh Schutzer – Vice President-Finance Chris Marr – President and Chief Executive Officer Tim...

3 months ago - Seeking Alpha

CubeSmart Reports Fourth Quarter and Annual 2024 Results

MALVERN, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2024.

3 months ago - GlobeNewsWire

CubeSmart Declares First Quarter 2025 Dividend

MALVERN, Pa., Feb. 25, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending March 31...

3 months ago - GlobeNewsWire

Newmark Arranges Recapitalization of 14-Property Dallas-Fort Worth Self-Storage Portfolio for Hines and CubeSmart

Joint venture of Hines and CubeSmart closes on one of the United States' largest self-storage portfolio transactions of 2024i DALLAS , Jan. 31, 2025 /PRNewswire/ -- Newmark announces the firm has brok...

Other symbols: NMRK
4 months ago - PRNewsWire

CubeSmart Announces the Date of Its Fourth Quarter 2024 Earnings Release and Conference Call

MALVERN, Pa., Jan. 27, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2024 after the mark...

4 months ago - GlobeNewsWire

CubeSmart Announces Tax Allocations of 2024 Distributions

MALVERN, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today the tax allocations of its 2024 distributions for CubeSmart Common Shares of Beneficial Interest.

4 months ago - GlobeNewsWire

CubeSmart's Chief Operating Officer Joel Keaton to Retire Following an Over 30 Year Career in the Self-Storage Industry

Company Promotes Proven Leaders to Continue Driving Growth and Value Creation Company Promotes Proven Leaders to Continue Driving Growth and Value Creation

4 months ago - GlobeNewsWire

Undercovered Dozen: LexinFintech, Aemetis, HashiCorp, CubeSmart +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and encouraging discussion among investors. AI-driven lending, exemplified by Pagaya Technologies, ...

Other symbols: AMTXHCPLX
5 months ago - Seeking Alpha

CubeSmart: Buy For Dividend Growth From Self Storage

CubeSmart is an efficient manager of self-storage property, the demand for which is driven by the 4 Ds: Dislocation, Divorce, Downsizing, and Death. The company has proven to be a profitable property ...

5 months ago - Seeking Alpha

CubeSmart Announces 2.0% Increase in Quarterly Common Dividend

MALVERN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending December...

5 months ago - GlobeNewsWire

Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

Other symbols: AHRAMHAMTAVBBRXBXBXP
6 months ago - Seeking Alpha

CubeSmart (CUBE) Q3 2024 Earnings Call Transcript

CubeSmart (NYSE:CUBE) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Josh Schutzer – Vice President of Finance Chris Marr – President and Chief Executive Officer T...

7 months ago - Seeking Alpha

CubeSmart Reports Third Quarter 2024 Results

MALVERN, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2024.

7 months ago - GlobeNewsWire

Urbanization Fuels CubeSmart's Expansion, But Headwinds Lie Ahead

CubeSmart is well-positioned in the self-storage industry, leveraging urbanization and e-commerce trends, but faces short-term challenges with rising costs and flatlining revenue. CubeSmart's strong m...

8 months ago - Seeking Alpha

CubeSmart Announces the Date of Its Third Quarter 2024 Earnings Release and Conference Call

MALVERN, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2024 after the mar...

8 months ago - GlobeNewsWire