CubeSmart/CUBE

$43.60

-0.02%
-
1D1W1MYTD1YMAX

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company. It is engaged in the ownership, operation, management, acquisition, and development of self-storage properties in the United States. It owns 611 self-storage properties located in 24 states and in the District of Columbia containing an aggregate of approximately 44.1 million rentable square feet. It owns stores in the District of Columbia and its 24 states include Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, and Virginia. It also manages 668 stores for third parties, including 77 stores containing an aggregate of approximately 5.6 million net rentable square feet as part of six separate unconsolidated real estate ventures. Its self-storage properties offer storage space for its residential and commercial customers.

Ticker

CUBE

Sector

Real Estate

Trading on

NYSE

Industry

Misc. Transportation

CEO

Christopher Marr

Employees

3,040

Headquarters

Malvern, United States

CubeSmart Metrics

BasicAdvanced
$9.81B
Market cap
25.96
P/E ratio
$1.68
EPS
0.71
Beta
$1.96
Dividend rate
4.68%
Dividend yield

What the Analysts think about CubeSmart

Analyst Ratings

Majority rating from 15 analysts.
Hold

Price Targets

Average projection from 11 analysts.
6.54% upside
High $53.00
Low $40.00
$43.60
Current price
$46.45
Average price target

CubeSmart Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
42.47% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$265.1M
-1.01%
Net income
$112.6M
9.75%
Profit margin
42.47%
10.86%

CubeSmart Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 10.76%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.43
$0.43
$0.45
$0.50
-
Expected
$0.33
$0.42
$0.45
$0.45
$0.44
Surprise
31.63%
1.98%
0.84%
10.76%
-
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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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