CubeSmart (CUBE)
Stock Price:
$33.97 USD
-0.04 (-0.10%)
Updated Oct 21, 2020 3:32 PM EDT - Market open
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 644 | 598 | 559 | 510 | 445 | 377 | 318 | 266 | 211 | 200 |
| Revenue Growth | 7.69% | 6.98% | 9.59% | 14.74% | 17.92% | 18.39% | 19.55% | 26.22% | 5.67% | - |
| Gross Profit | 434 | 401 | 377 | 344 | 291 | 244 | 200 | 163 | 123 | 114 |
| Operating Income | 232 | 220 | 196 | 143 | 108 | 81.54 | 54.45 | 23.79 | 36.77 | 29.63 |
| Net Income | 169 | 164 | 134 | 87.91 | 77.71 | 26.38 | 41.45 | 1.82 | -0.40 | -7.39 |
| Shares Outstanding | 191 | 185 | 181 | 178 | 169 | 149 | 135 | 125 | 103 | 94.00 |
| Earnings Per Share | 0.88 | 0.88 | 0.74 | 0.45 | 0.42 | 0.14 | 0.26 | -0.03 | -0.02 | -0.08 |
| EPS Growth | 0% | 18.92% | 64.44% | 7.14% | 200% | -46.15% | - | - | - | - |
| Dividend Per Share | 1.29 | 1.22 | 1.11 | 0.90 | 0.69 | 0.55 | 0.46 | 0.43 | 0.28 | 0.10 |
| Dividend Growth | 5.74% | 9.91% | 23.33% | 30.43% | 25.45% | 19.57% | 6.98% | 53.57% | 180% | - |
| Operating Cash Flow | 332 | 304 | 292 | 263 | 217 | 166 | 143 | 118 | 84.33 | 71.52 |
| Capital Expenditures | -255 | -312 | -166 | -555 | -373 | -578 | -132 | -195 | -427 | -67.14 |
| Free Cash Flow | 77.23 | -7.41 | 126 | -292 | -155 | -412 | 10.73 | -76.36 | -342 | 4.38 |
| Cash & Equivalents | 58.44 | 6.48 | 9.16 | 10.87 | 87.47 | 6.21 | 7.20 | 10.57 | 20.36 | 16.14 |
| Total Debt | 1,932 | 1,747 | 1,635 | 1,596 | 1,252 | 1,174 | 1,139 | 1,024 | 758 | 615 |
| Net Cash / Debt | -1,873 | -1,741 | -1,626 | -1,585 | -1,164 | -1,168 | -1,132 | -1,013 | -738 | -599 |
| Assets | 4,030 | 3,753 | 3,545 | 3,475 | 3,104 | 2,786 | 2,359 | 2,150 | 1,876 | 1,479 |
| Liabilities | 2,160 | 1,981 | 1,856 | 1,759 | 1,393 | 1,287 | 1,229 | 1,112 | 831 | 668 |
| Book Value | 1,799 | 1,710 | 1,629 | 1,655 | 1,643 | 1,448 | 1,092 | 990 | 956 | 724 |
Numbers in millions USD, except per-share numbers.
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.