CubeSmart/$CUBE

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About CubeSmart

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

Ticker

$CUBE

Primary listing

NYSE

Employees

3,104

CubeSmart Metrics

BasicAdvanced
$9B
23.99
$1.64
0.98
$2.07
5.29%

What the Analysts think about CubeSmart

Analyst ratings (Buy, Hold, Sell) for CubeSmart stock.

Bulls say / Bears say

FFO, as adjusted, per diluted share climbed 1.6% to $0.65 in Q2 2025, showing strong cash flow performance supported by tight cost controls and acquisitions (GlobeNewswire).
CubeSmart added 30 stores to its third-party management platform in Q2 2025, bringing total managed sites to 873, and further diversified fee income sources with minimal capital required (GlobeNewswire).
In August 2025, CubeSmart issued $450 million of 5.125% senior unsecured notes due 2035 at a 5.295% yield, highlighting strong access to debt markets and ongoing financial flexibility (GlobeNewswire).
Same-store net operating income dropped 1.1% year-over-year in Q2 2025, signaling ongoing pressure on core business profitability due to lower rental rates and higher costs (GlobeNewswire).
Same-store occupancy averaged 90.6% in Q2 2025 and ended the quarter at 91.1%, down from 91.8% a year ago, reflecting softer demand as more supply comes into key markets (GlobeNewswire).
Interest expense increased by $6.3 million year-over-year to $29.1 million in Q2 2025 as average debt levels and market rates moved higher, further pressuring net income margins (SEC.gov).
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.

CubeSmart Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

CubeSmart Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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