CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
54.00
-0.05 (-0.09%)
Sep 18, 2024, 4:00 PM EDT - Market closed

CubeSmart Statistics

Total Valuation

CubeSmart has a market cap or net worth of $12.16 billion. The enterprise value is $15.18 billion.

Market Cap 12.16B
Enterprise Value 15.18B

Important Dates

The next estimated earnings date is Thursday, October 31, 2024, after market close.

Earnings Date Oct 31, 2024
Ex-Dividend Date Oct 1, 2024

Share Statistics

CubeSmart has 225.20 million shares outstanding. The number of shares has increased by 0.15% in one year.

Shares Outstanding 225.20M
Shares Change (YoY) +0.15%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 98.08%
Float 223.28M

Valuation Ratios

The trailing PE ratio is 30.18 and the forward PE ratio is 30.65. CubeSmart's PEG ratio is 14.21.

Price/FFO Ratio n/a
Price/AFFO Ratio n/a
PE Ratio 30.18
Forward PE 30.65
PS Ratio 11.44
Forward PS 11.41
PB Ratio 4.39
P/FCF Ratio 19.21
PEG Ratio 14.21
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.76, with an EV/FCF ratio of 23.98.

EV / Earnings 37.60
EV / Sales 14.26
EV / EBITDA 21.76
EV / EBIT 30.65
EV / FCF 23.98

Financial Position

The company has a current ratio of 0.16, with a Debt / Equity ratio of 1.04.

Current Ratio 0.16
Quick Ratio 0.13
Debt / Equity 1.04
Debt / EBITDA 4.20
Debt / FCF 4.66
Interest Coverage 5.18

Financial Efficiency

Return on equity (ROE) is 14.15% and return on invested capital (ROIC) is 5.29%.

Return on Equity (ROE) 14.15%
Return on Assets (ROA) 4.97%
Return on Capital (ROIC) 5.29%
Revenue Per Employee $350,285
Profits Per Employee $132,830
Employee Count 3,040
Asset Turnover 0.17
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +33.83% in the last 52 weeks. The beta is 0.84, so CubeSmart's price volatility has been lower than the market average.

Beta (5Y) 0.84
52-Week Price Change +33.83%
50-Day Moving Average 49.64
200-Day Moving Average 45.26
Relative Strength Index (RSI) 70.82
Average Volume (20 Days) 1,101,776

Short Selling Information

The latest short interest is 4.18 million, so 1.86% of the outstanding shares have been sold short.

Short Interest 4.18M
Short Previous Month 4.14M
Short % of Shares Out 1.86%
Short % of Float 1.87%
Short Ratio (days to cover) 3.43

Income Statement

In the last 12 months, CubeSmart had revenue of $1.06 billion and earned $403.80 million in profits. Earnings per share was $1.79.

Revenue 1.06B
Gross Profit 780.40M
Operating Income 495.31M
Pretax Income 403.80M
Net Income 403.80M
EBITDA 697.61M
EBIT 495.31M
Earnings Per Share (EPS) $1.79
Full Income Statement

Balance Sheet

The company has $5.66 million in cash and $2.95 billion in debt, giving a net cash position of -$2.94 billion or -$13.08 per share.

Cash & Cash Equivalents 5.66M
Total Debt 2.95B
Net Cash -2.94B
Net Cash Per Share -$13.08
Equity (Book Value) 2.85B
Book Value Per Share 12.30
Working Capital -291.86M
Full Balance Sheet

Cash Flow

Operating Cash Flow 633.07M
Capital Expenditures n/a
Free Cash Flow 633.07M
FCF Per Share $2.81
Full Cash Flow Statement

Margins

Gross margin is 73.29%, with operating and profit margins of 46.51% and 37.92%.

Gross Margin 73.29%
Operating Margin 46.51%
Pretax Margin 38.06%
Profit Margin 37.92%
EBITDA Margin 65.51%
EBIT Margin 46.51%
FCF Margin 49.13%

Dividends & Yields

This stock pays an annual dividend of $2.04, which amounts to a dividend yield of 3.78%.

Dividend Per Share $2.04
Dividend Yield 3.78%
Dividend Growth (YoY) 4.08%
Years of Dividend Growth 13
Payout Ratio 114.01%
Buyback Yield -0.15%
Shareholder Yield 3.63%
Earnings Yield 3.32%
FCF Yield 5.21%
Dividend Details

Analyst Forecast

The average price target for CubeSmart is $50.50, which is -6.48% lower than the current price. The consensus rating is "Hold".

Price Target $50.50
Price Target Difference -6.48%
Analyst Consensus Hold
Analyst Count 12
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 2.41%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5