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Cubesmart (CUBE)
NYSE:CUBE
Holding CUBE?
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CUBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.31 - $55.14
Previous Close$48.91
Volume824.24K
Average Volume (3M)1.33M
Market Cap
$11.37B
Enterprise Value$11.33B
Total Cash (Recent Filing)$43.51M
Total Debt (Recent Filing)$163.51M
Price to Earnings (P/E)27.6
Beta0.88
Next Earnings
Feb 20, 2025EPS Estimate
$0.46Last Dividend Ex-Date
Oct 01, 2024Dividend Yield4.17%
Share Statistics
EPS (TTM)1.77
Shares Outstanding226,153,290
10 Day Avg. Volume1,180,991
30 Day Avg. Volume1,326,036
Standard Deviation0.07
R-Squared0.35
Alpha0.00298
Financial Highlights & Ratios
Price to Book (P/B)3.92
Price to Sales (P/S)10.41
Price to Cash Flow (P/CF)19.10
P/FCF Ratio18.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.65
Enterprise Value/Gross Profit14.99
Enterprise Value/Ebitda16.06
Forecast
1Y Price Target
$52.73Price Target Upside5.46% Upside
Rating ConsensusHold
Number of Analyst Covering12
Cubesmart News
PremiumCompany Announcements
CubeSmart’s Dynamic Growth in Self-Storage Market
PremiumCompany Announcements
CubeSmart Reports Steady Q3 2024 PerformanceBulls Say, Bears Say
Bulls Say
Earnings4Q24 adjusted FFO guidance was initiated above the Street's expectations.
Financial PerformanceEarnings guidance was maintained, which is better than peers that assume a continued deceleration into year-end.
Revenue GrowthSequential improvement in 4Q24 same-store revenue is expected, which is better than peers.
Bears Say
Competitive PositionCUBE lacks idiosyncratic drivers peers have, such as brand harmonization and internalization strategies, potentially affecting its competitive edge.
Financial PerformanceThe pace of deceleration in same-store metrics may concern investors, as same-store revenue decelerated to -0.8% and net operating income was -3.1% year-over-year.
Market ConditionsTop NYC market is decelerating with no clear-cut sign on when move-in rates can get back to breakeven, impacting overall demand stability.
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Ownership Overview
0.77% Insiders
32.87% Mutual Funds
17.37% Other Institutional Investors
20.81% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CUBE FAQ
What was Cubesmart’s price range in the past 12 months?
Cubesmart lowest stock price was $38.31 and its highest was $55.14 in the past 12 months.
What is Cubesmart’s market cap?
Currently, no data Available
When is Cubesmart’s upcoming earnings report date?
Cubesmart’s upcoming earnings report date is Feb 20, 2025 which is in 87 days.
How were Cubesmart’s earnings last quarter?
Cubesmart released its earnings results on Oct 31, 2024. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.446 by -$0.006.
Is Cubesmart overvalued?
According to Wall Street analysts Cubesmart’s price is currently Undervalued.
Does Cubesmart pay dividends?
Cubesmart pays a Quarterly dividend of $0.51 which represents an annual dividend yield of 4.17%. See more information on Cubesmart dividends here
What is Cubesmart’s EPS estimate?
Cubesmart’s EPS estimate is $0.46.
How many shares outstanding does Cubesmart have?
Cubesmart has 226,153,290 shares outstanding.
What happened to Cubesmart’s price movement after its last earnings report?
Cubesmart reported an EPS of $0.44 in its last earnings report, missing expectations of $0.446. Following the earnings report the stock price went down -1.066%.
Which hedge fund is a major shareholder of Cubesmart?
Among the largest hedge funds holding Cubesmart’s share is Diamond Hill Capital Management Inc. It holds Cubesmart’s shares valued at 131M.
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Cubesmart Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$52.73 (5.46% Upside)
$52.73 (5.46% Upside)
Blogger Sentiment
Bullish
CUBE Sentiment 62%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 58.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $884.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.48%
12-Months-Change
Fundamentals
Return on Equity
14.37%
Trailing 12-Months
Asset Growth
-0.65%
Trailing 12-Months
Company Description
Cubesmart
CubeSmart is a self-managed and self-administered real estate investment trust with its operations conducted solely through CubeSmart LP and its subsidiaries. It owns, operates, develops, manages, and acquires self-storage properties. The company was founded in July 2004 and is headquartered in Malvern, PA.
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CUBE Earnings Call
Q3 2024
0:00 / 0:00
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CUBE Stock 12 Month Forecast
Average Price Target
$52.73
▲(5.46% Upside)
Technical Analysis
Public Storage
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Extra Space Storage
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National Storage Affiliates
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W. P. Carey Inc.
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Best Analysts Covering CUBE
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
+5.36%
reiterated a buy rating 2 months ago
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +5.36% per trade.
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