CubeSmart (CUBE)

NYSE: CUBE · IEX Real-Time Price · USD
43.70
-0.19 (-0.43%)
Jun 29, 2022 11:27 AM EDT - Market open
-0.43%
Market Cap 9.87B
Revenue (ttm) 872.29M
Net Income (ttm) 219.91M
Shares Out 225.90M
EPS (ttm) 1.04
PE Ratio 42.02
Forward PE n/a
Dividend $1.63 (3.73%)
Ex-Dividend Date Jun 30, 2022
Volume 333,409
Open 43.79
Previous Close 43.89
Day's Range 43.57 - 44.01
52-Week Range 38.67 - 57.34
Beta 0.51
Analysts Buy
Price Target 55.99 (+28.1%)
Earnings Date Aug 4, 2022

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 secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Oct 22, 2004
Employees 2,892
Stock Exchange NYSE
Ticker Symbol CUBE
Full Company Profile

Financial Performance

In 2021, CubeSmart's revenue was $822.56 million, an increase of 21.11% compared to the previous year's $679.18 million. Earnings were $223.48 million, an increase of 34.94%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for CUBE stock is "Buy." The 12-month stock price forecast is 55.99, which is an increase of 28.12% from the latest price.

Price Target
$55.99
(28.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GEO vs. CUBE: Which Stock Should Value Investors Buy Now?

GEO vs. CUBE: Which Stock Is the Better Value Option?

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7 Undervalued REITs to Buy Before They Go Sky-High

The stock market is looking shaky, but these undervalued REITs should be fine during the current inflationary economic conditions. The post 7 Undervalued REITs to Buy Before They Go Sky-High appeared fi...

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GEO or CUBE: Which Is the Better Value Stock Right Now?

GEO vs. CUBE: Which Stock Is the Better Value Option?

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7 Best REITs to Buy Now for Times of Uncertainty

These seven REITs are capable of delivering steady dividends regardless of inflation and a possible recession. The post 7 Best REITs to Buy Now for Times of Uncertainty appeared first on InvestorPlace.

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CubeSmart Declares Second Quarter 2022 Dividend

MALVERN, Pa., May 17, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending June 30, 20...

How This Self-Storage REIT Is Compounding Value

Public Storage renters are locked in. Investors should be, too.

Other symbols: BXEXRPSAPSB

CubeSmart (CUBE) Beats Q1 FFO Estimates

CubeSmart (CUBE) delivered FFO and revenue surprises of 1.75% and 0.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CubeSmart Reports First Quarter 2022 Results

MALVERN, Pa., April 28, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2022.

Earnings Season Preview: Cubesmart Near Buy Zone With Quarterly Report Due

Cubesmart is near a buy zone with earnings due on or around Apr. 28. The post Earnings Season Preview: Cubesmart Near Buy Zone With Quarterly Report Due appeared first on Investor's Business Daily.

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

MALVERN, Pa., April 12, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2022 after the market c...

7 Great REITs That Will Pay You Handsomely

Real estate companies are in a good position right now, and so are their stocks. The post 7 Great REITs That Will Pay You Handsomely appeared first on InvestorPlace.

Other symbols: CCIDREEXRFRLAMRPLD

These 5 Real Estate Stocks Can Pay for Themselves

Put your hard-earned cash into these REITs, and they will pay you back in steady dividends over the long term.

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GNL or CUBE: Which Is the Better Value Stock Right Now?

GNL vs. CUBE: Which Stock Is the Better Value Option?

Other symbols: GNL

CubeSmart (CUBE) Q4 FFO Surpass Estimates

CubeSmart (CUBE) delivered FFO and revenue surprises of 3.57% and 22.06%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CubeSmart Reports 2021 Annual Results

MALVERN, Pa., Feb. 24, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2021.

CubeSmart Declares First Quarter 2022 Dividend

MALVERN, Pa., Feb. 23, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending March 31, ...

New Private Real Estate Offering For Self Storage Facility Operated By CubeSmart

Real estate investment platform CrowdStreet just released its latest offering today for Myers Corners Self Storage, a 1,356 unit Class A climate-controlled self-storage facility in Wappingers Falls, New...

CubeSmart (CUBE) Gains But Lags Market: What You Should Know

In the latest trading session, CubeSmart (CUBE) closed at $50.98, marking a +0.04% move from the previous day.

3 REITs That Could Make You a Fortune

Self-storage real estate won't win any awards for the most attractive buildings, but they sure make for attractive investments.

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5 Top Real Estate Stocks to Buy in February

You can be a diversified real estate investor, and it doesn't need to cost a lot of money.

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CubeSmart Announces the Date of Its Fourth Quarter 2021 Earnings Release and Conference Call

MALVERN, Pa., Feb. 01, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2021 after the market...

CubeSmart (CUBE) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, CubeSmart (CUBE) closed at $50.74, marking a -0.35% move from the previous day.

CubeSmart Announces Tax Allocations of 2021 Distributions

MALVERN, Pa., Jan. 19, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, announced today the tax allocations of its 2...

5 Low-Beta High-Yielding Stocks to Buy in a Capricious Market

We have narrowed our search to five large-cap low-beta stocks with a solid dividend yield. These are: PFE, BAX, IBKR, PSA and CUBE.

Other symbols: BAXIBKRPFEPSA

Best Momentum Stocks to Buy for January 4th

TWI, CUBE, and STC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 4, 2022

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