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CubeSmart (CUBE)

Stock Price: $29.51 USD 0.42 (1.44%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 5.71B
Revenue (ttm) 666.01M
Net Income (ttm) 171.52M
Shares Out 193.59M
EPS (ttm) 0.89
PE Ratio 33.16
Forward PE n/a
Dividend $1.32
Dividend Yield 4.47%

Stock Quote

Trading Day Aug 4, 2020
Last Price $29.51
Previous Close $29.09
Change ($) 0.42
Change (%) 1.44%
Day's Open 29.10
Day's Range 28.89 - 29.60
Day's Volume 1,042,391
52-Week Range 19.61 - 36.32

More Stats

Market Cap 5.71B
Enterprise Value 7.61B
Earnings Date (est) Aug 6, 2020
Ex-Dividend Date Jun 30, 2020
Shares Outstanding 193.59M
Float 192.37M
EPS (basic) 0.9
EPS (diluted) 0.89
FCF / Share 0.67
Dividend $1.32
Dividend Yield 4.47%
Earnings Yield 3.02%
FCF Yield 2.26%
Payout Ratio 144.40%
Shares Short 6.91M
Short Ratio 5.07
Short % of Float 4.77%
Beta 0.29
PE Ratio 33.16
Forward PE n/a
P/FCF Ratio 44.24
PS Ratio 8.58
PB Ratio 3.18
Revenue 666.01M
Operating Income 235.38M
Net Income 171.52M
Free Cash Flow 129.14M
Net Cash -1.89B
Net Cash / Share -9.78
Gross Margin 68.59%
Operating Margin 35.34%
Profit Margin 26.20%
FCF Margin 19.39%
ROA 3.94%
ROE 9.59%
ROIC 4.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (12)

Buy 0
Overweight 1
Hold 8
Underweight 1
Sell 2

Analyst Consensus: Hold

Price Target

(-3.25% downside)
Current: $29.51
Target: 28.55
*Average 12-month price target from 11 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

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.
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-258-328-166-555-382-591-256-195-427-67.14
Free Cash Flow73.38-23.80126-292-164-425-113-76.36-3424.38
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
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


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.