CubeSmart (CUBE)

NYSE: CUBE · IEX Real-Time Price · USD
42.64
-1.18 (-2.69%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-2.69%
Market Cap 9.59B
Revenue (ttm) 1.05B
Net Income (ttm) 410.76M
Shares Out 224.96M
EPS (ttm) 1.82
PE Ratio 23.43
Forward PE 23.97
Dividend $2.04 (4.78%)
Ex-Dividend Date Mar 28, 2024
Volume 1,727,018
Open 44.06
Previous Close 43.82
Day's Range 42.33 - 44.11
52-Week Range 33.17 - 47.81
Beta 0.71
Analysts Hold
Price Target 46.31 (+8.61%)
Earnings Date Apr 25, 2024

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 2023 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 3,040
Stock Exchange NYSE
Ticker Symbol CUBE
Full Company Profile

Financial Performance

In 2023, CubeSmart's revenue was $1.05 billion, an increase of 4.03% compared to the previous year's $1.01 billion. Earnings were $410.76 million, an increase of 41.03%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CUBE stock is "Hold." The 12-month stock price forecast is $46.31, which is an increase of 8.61% from the latest price.

Price Target
$46.31
(8.61% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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

MALVERN, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2024 after the market...

13 days ago - GlobeNewsWire

CubeSmart Declares First Quarter 2024 Dividend

MALVERN, Pa., March 18, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending March 3...

4 weeks ago - GlobeNewsWire

CubeSmart Reports Fourth Quarter and Annual 2023 Results

MALVERN, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2023.

6 weeks ago - GlobeNewsWire

CubeSmart Announces the Date of Its Fourth Quarter 2023 Earnings Release and Conference Call

MALVERN, Pa., Jan. 31, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2023 after the mark...

2 months ago - GlobeNewsWire

CubeSmart Announces Tax Allocations of 2023 Distributions

MALVERN, Pa., Jan. 16, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today the tax allocations of its 2023 distributions for CubeSmart Common Shares of Beneficial Interest.

3 months ago - GlobeNewsWire

CubeSmart Announces 4.1% Increase in Quarterly Common Dividend

MALVERN, Pa., Dec. 07, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending December...

4 months ago - GlobeNewsWire

CubeSmart Reports Third Quarter 2023 Results

MALVERN, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2023.

5 months ago - GlobeNewsWire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains in October - CubeSmart (NYSE:CUBE), CBRE Group (NYSE:CBRE)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: CBREFPHNSAZ
6 months ago - Benzinga

CubeSmart Announces the Date of Its Third Quarter 2023 Earnings Release and Conference Call

MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2023 after the mar...

6 months ago - GlobeNewsWire

This Analyst With Over 80% Accuracy Rate Sees Around 9% Upside In Smucker - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks closed lower on Friday, ahead of the Federal Reserve's policy meeting this week. The Dow, meanwhile, settled slightly higher last week, while the S&P 500 and Nasdaq both recorded losses fo...

Other symbols: ABMSJMASHLHX
7 months ago - Benzinga

These 3 Real Estate Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: INNUDR
8 months ago - Benzinga

CubeSmart Reports Second Quarter 2023 Results

MALVERN, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2023.

9 months ago - GlobeNewsWire

CubeSmart Declares Third Quarter 2023 Dividend

MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending Septembe...

9 months ago - GlobeNewsWire

CubeSmart Announces the Date of Its Second Quarter 2023 Earnings Release and Conference Call

MALVERN, Pa., July 13, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2023 after the market c...

9 months ago - GlobeNewsWire

CubeSmart Declares Second Quarter 2023 Dividend

MALVERN, Pa., May 16, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending June 30, ...

11 months ago - GlobeNewsWire

CubeSmart Reports First Quarter 2023 Results

MALVERN, Pa., April 27, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2023.

1 year ago - GlobeNewsWire

CubeSmart Announces the Date of Its First Quarter 2023 Earnings Release and Conference Call

MALVERN, Pa., April 13, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2023 after the market...

1 year ago - GlobeNewsWire

CubeSmart Recognized as one of the Achievers 50 Most Engaged Workplaces® for the Third Time

MALVERN, Pa., March 22, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), the third largest owner/operator of self-storage properties in the United States, is being recognized as one of Achievers 50 Mo...

1 year ago - GlobeNewsWire

CubeSmart Reports 2022 Annual Results

MALVERN, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2022.

1 year ago - GlobeNewsWire

CubeSmart Declares First Quarter 2023 Dividend

MALVERN, Pa., Feb. 22, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending March 31...

1 year ago - GlobeNewsWire

CubeSmart Announces the Date of Its Fourth Quarter 2022 Earnings Release and Conference Call

MALVERN, Pa., Jan. 31, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2022 after the mark...

1 year ago - GlobeNewsWire

CubeSmart Announces Tax Allocations of 2022 Distributions

MALVERN, Pa., Jan. 17, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today the tax allocations of its 2022 distributions for CubeSmart Common Shares of Beneficial Interest.

1 year ago - GlobeNewsWire

CubeSmart Announces 14.0% Increase in Quarterly Common Dividend

MALVERN, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending December...

1 year ago - GlobeNewsWire

CubeSmart Reports Third Quarter 2022 Results

MALVERN, Pa., Oct. 27, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2022.

1 year ago - GlobeNewsWire

CubeSmart Announces the Date of Its Third Quarter 2022 Earnings Release and Conference Call

MALVERN, Pa., Oct. 13, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2022 after the mar...

1 year ago - GlobeNewsWire