CubeSmart (CUBE)
NYSE: CUBE · IEX Real-Time Price · USD
47.91
-0.51 (-1.05%)
At close: Jul 19, 2024, 4:00 PM
47.63
-0.28 (-0.58%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
CubeSmart Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CubeSmart stock have an average target of 46, with a low estimate of 38 and a high estimate of 53. The average target predicts a decrease of -3.99% from the current stock price of 47.91.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CubeSmart stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 3 | 3 | 3 | 2 | 2 | 2 |
Hold | 7 | 8 | 8 | 8 | 8 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 13 | 14 | 14 | 13 | 13 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Hold Maintains $44 → $45 | Hold | Maintains | $44 → $45 | -6.07% | Jul 15, 2024 |
BMO Capital | BMO Capital | Buy → Hold Downgrades $50 → $47 | Buy → Hold | Downgrades | $50 → $47 | -1.90% | May 29, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $42 → $46 | Hold | Maintains | $42 → $46 | -3.99% | Apr 5, 2024 |
Raymond James | Raymond James | Buy Reiterates $48 | Buy | Reiterates | $48 | +0.19% | Mar 28, 2024 |
Barclays | Barclays | Hold Initiates $48 | Hold | Initiates | $48 | +0.19% | Mar 27, 2024 |
Financial Forecast
Revenue This Year
1.02B
from 1.05B
Decreased by -2.60%
Revenue Next Year
1.06B
from 1.02B
Increased by 4.01%
EPS This Year
1.77
from 1.82
Decreased by -2.58%
EPS Next Year
1.83
from 1.77
Increased by 3.45%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B |
Avg | 1.0B | 1.1B | 1.2B | 1.3B | 1.4B |
Low | 896.5M | 917.8M | 1.1B | 1.2B | 1.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.3% | 15.2% | 16.5% | 12.9% | 14.9% |
Avg | -2.6% | 4.0% | 11.0% | 5.9% | 11.7% |
Low | -14.6% | -10.3% | 4.5% | -1.8% | 7.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.86 | 1.94 | 2.04 | 1.99 | 2.11 |
Avg | 1.77 | 1.83 | 1.88 | 1.92 | 2.05 |
Low | 1.69 | 1.69 | 1.74 | 1.82 | 1.97 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.1% | 9.6% | 11.1% | 6.3% | 10.1% |
Avg | -2.6% | 3.5% | 2.3% | 2.2% | 6.9% |
Low | -7.4% | -4.9% | -4.9% | -2.9% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.