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CubeSmart (CUBE)

NYSE: CUBE · IEX Real-Time Price · USD
50.29
+0.14 (0.28%)
After-hours:Sep 24, 2021 7:59 PM EDT
50.15
-0.65 (-1.28%)
At close: Sep 24, 4:00 PM
Market Cap10.12B
Revenue (ttm)739.39M
Net Income (ttm)179.70M
Shares Out201.77M
EPS (ttm)0.91
PE Ratio55.11
Forward PEn/a
Dividend$1.35 (2.69%)
Ex-Dividend DateSep 30, 2021
Volume1,321,087
Open50.80
Previous Close50.80
Day's Range49.86 - 51.05
52-Week Range29.93 - 55.07
Beta0.29
AnalystsHold
Price Target53.56 (+6.8%)
Est. Earnings DateOct 28, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateOct 22, 2004
Employees3,111
Stock ExchangeNYSE
Ticker SymbolCUBE
Full Company Profile

Financial Performance

In 2020, CubeSmart's revenue was $679.18 million, an increase of 5.48% compared to the previous year's $643.92 million. Earnings were $165.62 million, a decrease of -2.07%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CubeSmart stock is "Hold." The 12-month stock price forecast is 53.56, which is an increase of 6.80% from the latest price.

Price Target
$53.56
(6.80% upside)
Analyst Consensus: Hold

News

CubeSmart (CUBE) is a Great Momentum Stock: Should You Buy?

Does CubeSmart (CUBE) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

7 High-Quality REITs to Buy Now for the Current Real Estate Market

The real estate market has taken off in 2021. Here are seven high-quality REITs that can help you take advantage of this explosive growth.

Other symbols:AGNCDRENLYOSUIVICI
1 month ago - InvestorPlace

CubeSmart (CUBE) Q2 FFO and Revenues Surpass Estimates

CubeSmart (CUBE) delivered FFO and revenue surprises of 6.38% and 2.84%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

CubeSmart Declares Third Quarter 2021 Dividend

MALVERN, Pa., July 27, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Boar...

1 month ago - GlobeNewsWire

Are You Looking for a Top Momentum Pick? Why CubeSmart (CUBE) is a Great Choice

Does CubeSmart (CUBE) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

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

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

Other symbols:ESRT
2 months ago - Zacks Investment Research

7 Top-Rated REITs to Buy Today

As the economy regains its footing, it's a great time to buy certain REITs. Their diversity means there are some big winners waiting for you.

Other symbols:AGNCIRMLSINLYPSARHP
2 months ago - InvestorPlace

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

MALVERN, Pa., July 01, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2021 after the market clo...

2 months ago - GlobeNewsWire

CubeSmart Declares Second Quarter 2021 Dividend

MALVERN, Pa., May 12, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Board...

4 months ago - GlobeNewsWire

CubeSmart (CUBE) Q1 FFO and Revenues Surpass Estimates

CubeSmart (CUBE) delivered FFO and revenue surprises of 4.44% and 3.65%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

CubeSmart Reports First Quarter 2021 Results

MALVERN, Pa., April 29, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2021.

4 months ago - GlobeNewsWire

Why This May Be the Best Growth and Income Idea for Investors Now

Real estate investment trusts (REITs) are the kind of investment that the Reddit/WallStreetBets crowd would probably sneer at, but the reality is we are now in no-man's-land when it comes to the stock m...

Other symbols:EXRLSINSAPSA
4 months ago - 24/7 Wall Street

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

MALVERN, Pa., April 05, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2021 after the market c...

5 months ago - GlobeNewsWire

CubeSmart Recognized as One of America's Best Employers by Forbes

MALVERN, Pa., March 04, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, has been recognized as one of America's Bes...

6 months ago - GlobeNewsWire

CubeSmart (CUBE) Tops Q4 FFO and Revenue Estimates

CubeSmart (CUBE) delivered FFO and revenue surprises of 11.90% and 0.33%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

CubeSmart Declares First Quarter 2021 Dividend

MALVERN, Pa., Feb. 23, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Boar...

7 months ago - GlobeNewsWire

Top REITs for March 2021

These are the REITs with the best value, fastest growth, and most momentum for March 2021.

7 months ago - Investopedia

CubeSmart Announces the Date of Its Fourth Quarter 2020 Earnings Release and Conference Call

MALVERN, Pa., Jan. 28, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2020 after the market...

7 months ago - GlobeNewsWire

Storage REITs: Riding The Housing Boom

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 amid the pa...

Other symbols:EXRLSINSAPSASELF
8 months ago - Seeking Alpha

CubeSmart Announces Tax Allocations of 2020 Distributions

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 the tax allo...

8 months ago - GlobeNewsWire

You'd Be Smart To Add 4.2%-Yielding CubeSmart

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 customer ex...

8 months ago - Seeking Alpha

3 Great Income Stocks to Buy Right Now

Income investors should consider these three high-dividend yield stocks with stable outlooks right now.

Other symbols:GILDMPW
8 months ago - The Motley Fool

CubeSmart Announces 3.0% Increase in Quarterly Common Dividend

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 December 3...

9 months ago - GlobeNewsWire

CubeSmart (CUBE) CEO Christopher Marr on Q3 2020 Results - Earnings Call Transcript

CubeSmart (CUBE) CEO Christopher Marr on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

CubeSmart Reports Third Quarter 2020 Results

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.

10 months ago - GlobeNewsWire