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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$39.80 - $55.14
Previous Close$42.66
Volume4.09M
Average Volume (3M)1.41M
Market Cap
$9.70B
Enterprise Value$9.91B
Total Cash (Recent Filing)$43.51M
Total Debt (Recent Filing)$163.51M
Price to Earnings (P/E)24.1
Beta0.96
Next Earnings
Feb 20, 2025EPS Estimate
$0.46Next Dividend Ex-Date
Jan 02, 2025Dividend Yield4.78%
Share Statistics
EPS (TTM)1.77
Shares Outstanding226,153,290
10 Day Avg. Volume1,545,507
30 Day Avg. Volume1,412,430
Standard Deviation0.07
R-Squared0.36
Alpha0.00366
Financial Highlights & Ratios
PEG Ratio4.33
Price to Book (P/B)3.46
Price to Sales (P/S)9.07
Price to Cash Flow (P/CF)16.60
P/FCF Ratio15.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.31
Enterprise Value/Gross Profit13.11
Enterprise Value/Ebitda14.04
Forecast
1Y Price Target
$51.63Price Target Upside21.03% Upside
Rating ConsensusHold
Number of Analyst Covering8
Cubesmart News
PremiumCompany Announcements
CubeSmart’s Dynamic Growth in Self-Storage Market
PremiumCompany Announcements
CubeSmart Reports Steady Q3 2024 Performance
PremiumCompany Announcements
Cubesmart Emphasizes Innovation in Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Earnings GuidanceEarnings guidance was maintained, which is better than peers that assume a continued deceleration into year-end.
Financial Performance4Q24 adjusted FFO guidance was initiated above the Street's expectations.
Revenue GrowthSequential improvement in 4Q24 same-store revenue is expected, which is better than peers.
Bears Say
Competitive PositionCUBE lacks idiosyncratic drivers peers have (EXR/LSI brand harmonization, PSA non-SS pool, NSA PRO internalization).
Financial Performance3Q24 same-store revenue decelerated to -0.8% year-over-year and same-store net operating income was -3.1%.
Market ConditionsThe top NYC market is decelerating with no clear-cut sign on when move-in rates can get back to breakeven.
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Ownership Overview
0.77% Insiders
32.85% Mutual Funds
17.68% Other Institutional Investors
20.58% 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 $39.80 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 59 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 Thriceyearly dividend of $0.519 which represents an annual dividend yield of 4.78%. 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:
$51.63 (21.03% Upside)
$51.63 (21.03% Upside)
Blogger Sentiment
Bullish
CUBE Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 58.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.25%
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
Earnings Call Sentiment|Neutral
The earnings call revealed a mixed performance with significant strengths in specific markets like New York and the DMV, and growth in third-party management. However, overall same-store revenue and NOI faced declines, reflecting challenges in competitive pricing and occupancy rates. The strength of the balance sheet and strategic marketing investments offer positive outlook amid challenges.Read More>---
CUBE Stock 12 Month Forecast
Average Price Target
$51.63
▲(21.03% 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
9/19 ratings generated profit
1 Year Average Return
-0.25%
reiterated a buy rating 5 months ago
Copying Jonathan Hughes's trades and holding each position for 1 Year would result in 47.37% of your transactions generating a profit, with an average return of -0.25% per trade.
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