CubeSmart (CUBE)
| Market Cap | 9.70B |
| Revenue (ttm) | 1.08B |
| Net Income (ttm) | 385.85M |
| Shares Out | 229.10M |
| EPS (ttm) | 1.69 |
| PE Ratio | 25.11 |
| Forward PE | 27.51 |
| Dividend | $2.08 (4.90%) |
| Ex-Dividend Date | Jul 1, 2025 |
| Volume | 571,882 |
| Open | 43.00 |
| Previous Close | 42.71 |
| Day's Range | 42.51 - 43.24 |
| 52-Week Range | 34.24 - 55.14 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 48.57 (+14.69%) |
| Earnings Date | Jul 31, 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]
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 StatementsAnalyst Forecast
According to 14 analysts, the average rating for CUBE stock is "Buy." The 12-month stock price forecast is $48.57, which is an increase of 14.69% from the latest price.
News
Very Bad News For REITs: The Trade War Is Back
The trade war is making a comeback. This is bad news for REITs as higher tariffs lead to higher inflation and interest rates. But there's a silver lining for long-term oriented investors.
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, ...
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...
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".
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...
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.
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...
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...
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,...
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...
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...
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...
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.
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...
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...
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...
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.
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
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, ...
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 ...
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...
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...
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...
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.
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...