CubeSmart (CUBE)
| Market Cap | 6.83B |
| Revenue (ttm) | 665.90M |
| Net Income (ttm) | 165.34M |
| Shares Out | 193.75M |
| EPS (ttm) | 0.84 |
| PE Ratio | 41.63 |
| Forward PE | n/a |
| Dividend | $1.36 |
| Dividend Yield | 3.89% |
| Trading Day | January 22 |
| Last Price | $34.97 |
| Previous Close | $34.79 |
| Change ($) | 0.18 |
| Change (%) | 0.52% |
| Day's Open | 34.69 |
| Day's Range | 34.41 - 35.13 |
| Day's Volume | 829,197 |
| 52-Week Range | 19.93 - 35.13 |
Self-Storage REITs stumbled into 2020 as perennial underperformers with challenged fundamentals amid oversupply headwinds and a strained outlook which appeared certain to deteriorate further a...
MALVERN, Pa., Jan. 20, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today th...
CubeSmart is one of the three leading self-storage players, and should return to growth mode this year. It's ramping up its online platform, and has made operational investments for a better c...
Income investors should consider these three high-dividend yield stocks with stable outlooks right now.
MALVERN, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.34 per common share for the period ending ...
CubeSmart (CUBE) CEO Christopher Marr on Q3 2020 Results - Earnings Call Transcript
MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020.
MALVERN, Pa., Oct. 27, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), today announced that it has entered into an agreement to acquire a portfolio of eight self-storage properties in New Yor...
Self Storage REITs have been unexpected leaders throughout the pandemic. Riding the tailwinds of the single-family housing boom, storage REITs are one of four property sectors in positive terr...
CubeSmart has a resilient business model and has weathered the current recession relatively well. I'm encouraged by the continued growth of the 3rd-party management platform and the strong bal...
MALVERN, Pa., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Today, CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, was named as a Champion of ...
MALVERN, Pa., Oct. 07, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2020 after...
MALVERN, Pa., Sept. 29, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that its operating partnership, CubeSmart, L.P. (the “Operating Partnership”), priced an offering of $45...
The CubeSmart Mobile App enables customers to manage their self storage experience from wherever they are The CubeSmart Mobile App enables customers to manage their self storage experience fro...
CubeSmart (CUBE) CEO Christopher Marr on Q2 2020 Results - Earnings Call Transcript
MALVERN, Pa., July 29, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today t...
Pay For Storage Space Selling Puts Against CubeSmart
This crisis has caused a lot of folks to develop a crippling fear when it comes to REITs.
The self-storage business has proved to be pretty resilient to the impact of COVID-19, but not completely immune.
MALVERN, Pa., May 12, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today th...
CubeSmart (CUBE) CEO Christopher Marr on Q1 2020 Results - Earnings Call Transcript
SmartRental™ enables customers to complete the entire rental experience – from reservation to move-in – online and contact-free SmartRental™ enables customers to complete the entire rental exp...
When losing 11.5% is considered a strong showing, you know something big is going on. Here's how CubeSmart managed the feat.
Serving essential needs while promoting social distancing, customers at all CubeSmart locations can now bypass the counter when renting storage units Serving essential needs while promoting so...
Serving essential needs while promoting social distancing, CubeSmart customers can now rent storage units without direct contact with others
A REIT and a familiar consumer-goods name offer relative calm in the current market whirlwind.
CubeSmart (CUBE) CEO Christopher Marr on Q4 2019 Results - Earnings Call Transcript
CubeSmart (CUBE) delivered FFO and revenue surprises of 0.00% and -0.77%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
MALVERN, Pa., Feb. 19, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today t...
MALVERN, Pa., Jan. 22, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today ...
CubeSmart (NYSE: CUBE) is facing elevated supply pressures and risk of negative SS NOI (same-store net operating income), according to BofA Securities.
Edison International (NYSE:EIX), Broadcom Inc (NASDAQ:AVGO) and CubeSmart (NYSE:CUBE) announced dividend raises on Thursday.
MALVERN, Pa., Dec. 12, 2019 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period endin...
Shares of Cisco, Boeing, CubeSmart, McDonald's, and Johnson & Johnson could be worth a spot in a yield-oriented portfolio.
US equity markets gained for the third straight week ahead of another jam-packed week of economic data and earnings. The S&P 500 gained 1.2%, closing just shy of record highs.
CubeSmart (CUBE) CEO Christopher Marr on Q3 2019 Results - Earnings Call Transcript
CubeSmart (CUBE) delivered FFO and revenue surprises of 2.33% and 0.67%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
MALVERN, Pa., Oct. 24, 2019 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2019.
MALVERN, Pa., Oct. 08, 2019 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that its operating partnership, CubeSmart, L.P. (the “Operating Partnership”), priced an offering of $3...
CEO of Cubesmart (30-Year Financial, Insider Trades) Christopher P Marr (insider trades) sold 80,589 shares of CUBE on 09/04/2019 at an average price of $36.15 a share.
CFO of Cubesmart (30-Year Financial, Insider Trades) Timothy M Martin (insider trades) sold 32,028 shares of CUBE on 08/27/2019 at an average price of $35.75 a share.
The storage unit rental dynamo heads into the second half of 2019 holding fast to its full-year financial projections.
CubeSmart (CUBE) CEO Christopher Marr on Q2 2019 Results - Earnings Call Transcript
CubeSmart (CUBE) delivered FFO and revenue surprises of 2.44% and -0.26%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Real estate investment trusts (REITs) are simply the best dividend payers you can own right now.
The chart for the self-storage REIT is showing an ascending triangle formation, suggesting additional upside ahead.
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.
| Industry REIT-Industrial | IPO Date Oct 22, 2004 |
| CEO Christopher P. Marr | Employees 3,011 |
| Stock Exchange NYSE | Ticker Symbol CUBE |
Financial Performance
In 2019, CubeSmart's revenue was $643.92 million, an increase of 7.69% compared to the previous year's $597.94 million. Earnings were $169.12 million, an increase of 3.19%.
Analyst Forecasts
According to 11 analysts, the average rating for CubeSmart stock is "Hold." The 12-month stock price forecast is 35.56, which is an increase of 1.69% from the latest price.