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CubeSmart (CUBE)

Stock Price: $33.97 USD -0.04 (-0.10%)
Updated Oct 21, 2020 3:32 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 6.58B
Revenue (ttm) 659.93M
Net Income (ttm) 160.60M
Shares Out 193.75M
EPS (ttm) 0.82
PE Ratio 41.42
Forward PE n/a
Dividend $1.32
Dividend Yield 3.89%

Stock Quote

Trading Day Oct 21, 2020
Last Price $33.97
Previous Close $34.00
Change ($) -0.04
Change (%) -0.10%
Day's Open 33.96
Day's Range 33.84 - 34.22
Day's Volume 339,493
52-Week Range 19.61 - 35.22

More Stats

Market Cap 6.58B
Enterprise Value 8.52B
Earnings Date (est) Nov 5, 2020
Ex-Dividend Date Sep 30, 2020
Shares Outstanding 193.75M
Float 192.62M
EPS (basic) 0.84
EPS (diluted) 0.82
FCF / Share 0.52
Dividend $1.32
Dividend Yield 3.89%
Earnings Yield 2.41%
FCF Yield 1.52%
Payout Ratio 156.00%
Shares Short 6.13M
Short Ratio 6.25
Short % of Float 3.18%
Beta 0.34
PE Ratio 41.42
Forward PE n/a
P/FCF Ratio 65.61
PS Ratio 9.97
PB Ratio 3.84
Revenue 659.93M
Operating Income 235.96M
Net Income 160.60M
Free Cash Flow 100.30M
Net Cash -1.94B
Net Cash / Share -10.01
Gross Margin 68.10%
Operating Margin 35.76%
Profit Margin 24.30%
FCF Margin 15.20%
ROA 3.87%
ROE 8.87%
ROIC 4.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (11)

Buy 2
Overweight 0
Hold 7
Underweight 0
Sell 2

Analyst Consensus: Hold

Price Target

$33.33*
(-1.87% downside)
Low
25.0
Current: $33.97
High
42.0
Target: 33.33
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue644598559510445377318266211200
Revenue Growth7.69%6.98%9.59%14.74%17.92%18.39%19.55%26.22%5.67%-
Gross Profit434401377344291244200163123114
Operating Income23222019614310881.5454.4523.7936.7729.63
Net Income16916413487.9177.7126.3841.451.82-0.40-7.39
Shares Outstanding19118518117816914913512510394.00
Earnings Per Share0.880.880.740.450.420.140.26-0.03-0.02-0.08
EPS Growth0%18.92%64.44%7.14%200%-46.15%----
Dividend Per Share1.291.221.110.900.690.550.460.430.280.10
Dividend Growth5.74%9.91%23.33%30.43%25.45%19.57%6.98%53.57%180%-
Operating Cash Flow33230429226321716614311884.3371.52
Capital Expenditures-255-312-166-555-373-578-132-195-427-67.14
Free Cash Flow77.23-7.41126-292-155-41210.73-76.36-3424.38
Cash & Equivalents58.446.489.1610.8787.476.217.2010.5720.3616.14
Total Debt1,9321,7471,6351,5961,2521,1741,1391,024758615
Net Cash / Debt-1,873-1,741-1,626-1,585-1,164-1,168-1,132-1,013-738-599
Assets4,0303,7533,5453,4753,1042,7862,3592,1501,8761,479
Liabilities2,1601,9811,8561,7591,3931,2871,2291,112831668
Book Value1,7991,7101,6291,6551,6431,4481,092990956724
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name CubeSmart
Country United States
Employees 3,011
CEO Christopher P. Marr

Stock Information

Ticker Symbol CUBE
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Industrial
Unique Identifier NYSE: CUBE
IPO Date October 22, 2004

Description

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.