NYSE:CUBE CubeSmart (CUBE) Stock Price, News & Analysis $51.84 +0.76 (+1.49%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$50.92▼$52.0750-Day Range$43.72▼$51.9352-Week Range$33.17▼$52.30Volume1.50 million shsAverage Volume1.35 million shsMarket Capitalization$11.67 billionP/E Ratio28.80Dividend Yield3.94%Price Target$48.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get CubeSmart alerts: Email Address CubeSmart MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside6.0% Downside$48.73 Price TargetShort InterestHealthy1.70% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 10 Articles This WeekInsider TradingSelling Shares$4.24 M Sold Last QuarterProj. Earnings Growth3.41%From $2.64 to $2.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.70 out of 5 starsFinance Sector292nd out of 871 stocksReal Estate Investment Trusts Industry57th out of 178 stocks 2.1 Analyst's Opinion Consensus RatingCubeSmart has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageCubeSmart has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CubeSmart's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.70% of the outstanding shares of CubeSmart have been sold short.Short Interest Ratio / Days to CoverCubeSmart has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CubeSmart has recently decreased by 7.73%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 3.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCubeSmart has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of CubeSmart is 113.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, CubeSmart will have a dividend payout ratio of 74.73% next year. This indicates that CubeSmart will be able to sustain or increase its dividend.Read more about CubeSmart's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CUBE. Previous Next 2.0 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for CubeSmart this week, compared to 6 articles on an average week.Search InterestOnly 13 people have searched for CUBE on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CubeSmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,244,344.00 in company stock.Percentage Held by InsidersOnly 1.68% of the stock of CubeSmart is held by insiders.Percentage Held by Institutions97.61% of the stock of CubeSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about CubeSmart's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CubeSmart are expected to grow by 3.41% in the coming year, from $2.64 to $2.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 28.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 28.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 9.42. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 4.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about CubeSmart's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About CubeSmart Stock (NYSE:CUBE)CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.Read More CUBE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CUBE Stock News HeadlinesAugust 10, 2024 | insidertrades.comCubeSmart (NYSE:CUBE) CEO Christopher P. Marr Sells 37,000 SharesAugust 9, 2024 | insidertrades.comCubeSmart (NYSE:CUBE) Insider Jeffrey P. Foster Sells 7,739 SharesSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 7 at 4:08 PM | msn.comDow Jones Futures: Stock Market Has Worst Week In Over A Year; Apple iPhone 16 On DeckSeptember 7 at 6:05 AM | msn.comDow Jones Futures: Stock Market Has Worst Week In Over A Year; Apple iPhone 16 Leads AI EventsSeptember 6 at 7:30 PM | msn.comDow Jones Futures: Stock Market Dives, Flashes Bearish Signal; Apple iPhone 16 Leads AI EventsSeptember 6 at 2:17 AM | americanbankingnews.comCubeSmart (NYSE:CUBE) Given Consensus Recommendation of "Hold" by BrokeragesAugust 30, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) PT Raised to $52.00September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) Price Target Increased to $55.00 by Analysts at BarclaysAugust 28, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) Earns Sector Outperform Rating from Analysts at ScotiabankAugust 28, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) Hits New 12-Month High at $51.65August 28, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) Now Covered by ScotiabankAugust 28, 2024 | americanbankingnews.comBarclays Boosts CubeSmart (NYSE:CUBE) Price Target to $55.00August 23, 2024 | msn.comScotiabank Initiates Coverage of CubeSmart (CUBE) with Sector Outperform RecommendationAugust 22, 2024 | markets.businessinsider.comBarclays Keeps Their Hold Rating on Cubesmart (CUBE)August 22, 2024 | msn.comCubeSmart initiated with a bullish view at Scotiabank on portfolio, pricing strategyAugust 17, 2024 | ca.finance.yahoo.comCUBE Sep 2024 45.000 callSee More Headlines Receive CUBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CubeSmart and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Last Earnings8/01/2024Today9/07/2024Ex-Dividend for 10/15 Dividend10/01/2024Dividend Payable10/15/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:CUBE CUSIP22966310 CIK1298675 Webwww.cubesmart.com Phone(610) 535-5000Fax216-274-1360Employees3,040Year FoundedN/APrice Target and Rating Average Stock Price Target$48.73 High Stock Price Target$55.00 Low Stock Price Target$38.00 Potential Upside/Downside-6.0%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.80 Trailing P/E Ratio28.80 Forward P/E Ratio19.64 P/E Growth9.42Net Income$410.76 million Net Margins38.07% Pretax Margin38.21% Return on Equity14.37% Return on Assets6.50% Debt Debt-to-Equity Ratio1.03 Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.05 billion Price / Sales11.11 Cash Flow$2.76 per share Price / Cash Flow18.80 Book Value$12.40 per share Price / Book4.18Miscellaneous Outstanding Shares225,200,000Free Float221,192,000Market Cap$11.67 billion OptionableOptionable Beta0.82 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Christopher P. Marr (Age 59)CEO, President & Trustee Comp: $2.62MMr. Timothy M. Martin (Age 53)CFO & Treasurer Comp: $1.37MMr. Joel D. Keaton (Age 52)Chief Operating Officer Comp: $1.17MMr. Jeffrey P. Foster (Age 54)Senior VP, Chief Legal Officer & Secretary Comp: $1.07MMs. Jennifer L. SchulteChief Human Resources OfficerMr. Matthew D. DeNarie (Age 40)Senior VP & Chief Accounting Officer Mr. Charles W. PlaceDirector, Investor RelationsMr. Daniel Ruble C.F.A.Vice President of MarketingMr. Carey ParsonsVice President of OperationsMr. Guy MiddlebrooksVice President of Third-Party ManagementMore ExecutivesKey CompetitorsExtra Space StorageNYSE:EXRVentasNYSE:VTRWeyerhaeuserNYSE:WYOmega Healthcare InvestorsNYSE:OHIHealthcare Realty TrustNYSE:HRView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 505,783 shares on 8/21/2024Ownership: 1.159%Creative PlanningBought 1,340 shares on 8/16/2024Ownership: 0.007%Invst LLCSold 721 shares on 8/16/2024Ownership: 0.007%Sunbelt Securities Inc.Bought 712 shares on 8/16/2024Ownership: 0.001%Quarry LPBought 757 shares on 8/16/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions CUBE Stock Analysis - Frequently Asked Questions How have CUBE shares performed this year? CubeSmart's stock was trading at $46.35 at the beginning of the year. Since then, CUBE stock has increased by 11.8% and is now trading at $51.84. View the best growth stocks for 2024 here. How were CubeSmart's earnings last quarter? CubeSmart (NYSE:CUBE) posted its quarterly earnings data on Thursday, August, 1st. The real estate investment trust reported $0.41 EPS for the quarter, missing the consensus estimate of $0.64 by $0.23. The business's revenue was up 2.1% compared to the same quarter last year. What is Christopher P. Marr's approval rating as CubeSmart's CEO? 187 employees have rated CubeSmart Chief Executive Officer Christopher P. Marr on Glassdoor.com. Christopher P. Marr has an approval rating of 80% among the company's employees. Who are CubeSmart's major shareholders? CubeSmart's top institutional shareholders include Allspring Global Investments Holdings LLC (1.98%), Dimensional Fund Advisors LP (1.50%), Barrow Hanley Mewhinney & Strauss LLC (1.21%) and Truist Financial Corp (1.16%). Insiders that own company stock include Christopher P Marr, Timothy M Martin, Jeffrey P Foster and Joel D Keaton. View institutional ownership trends. How do I buy shares of CubeSmart? Shares of CUBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of CubeSmart own? Based on aggregate information from My MarketBeat watchlists, some other companies that CubeSmart investors own include AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA) and Walmart (WMT). This page (NYSE:CUBE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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