CubeSmart (CUBE)

Market Cap	10.98B
Revenue (ttm)	1.07B
Net Income (ttm)	401.96M
Shares Out	227.39M
EPS (ttm)	1.78
PE Ratio	27.14
Forward PE	27.34
Dividend	$2.04 (4.22%)
Ex-Dividend Date	Oct 1, 2024

Volume	688,600
Open	48.47
Previous Close	48.98
Day's Range	48.05 - 48.91
52-Week Range	38.29 - 55.14
Beta	0.86
Analysts	Hold
Price Target	51.45 (+6.5%)
Earnings Date	Oct 31, 2024

About CUBE

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 ...

• Industry: REIT - Industrial
• Sector: Real Estate
• IPO Date: Oct 22, 2004
• Employees: 3,040
• Stock Exchange: NYSE
• Ticker Symbol: CUBE
• Website: https://www.cubesmart.com

Financial Performance

In 2023, CubeSmart's revenue was $1.05 billion, an increase of 4.16% compared to the previous year's $1.01 billion. Earnings were $410.76 million, an increase of 41.03%.

Analyst Forecast

According to 11 analysts, the average rating for CUBE stock is "Hold." The 12-month stock price forecast is $51.45, which is an increase of 6.50% from the latest price.

Price Target

$51.45

(6.50% upside)

Analyst Consensus: Hold