CubeSmart (CUBE)

Market Cap	10.17B
Revenue (ttm)	1.03B
Net Income (ttm)	350.67M
Shares Out	224.68M
EPS (ttm)	1.55
PE Ratio	29.20
Forward PE	31.75
Dividend	$1.96 (4.33%)
Ex-Dividend Date	Jun 30, 2023

Volume	624,637
Open	44.66
Previous Close	44.28
Day's Range	44.31 - 45.31
52-Week Range	36.82 - 51.08
Beta	0.60
Analysts	Buy
Price Target	48.83 (+7.89%)
Earnings Date	Apr 27, 2023

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
• Sector: Real Estate
• IPO Date: Oct 22, 2004
• Employees: 2,804
• Stock Exchange: NYSE
• Ticker Symbol: CUBE

Financial Performance

In 2022, CubeSmart's revenue was $1.01 billion, an increase of 22.74% compared to the previous year's $822.56 million. Earnings were $291.26 million, an increase of 30.33%.

Analyst Forecast

According to 8 analysts, the average rating for CUBE stock is "Buy." The 12-month stock price forecast is $48.83, which is an increase of 7.89% from the latest price.

Price Target

$48.83

(7.89% upside)

Analyst Consensus: Buy