NYSE:CUBE CubeSmart (CUBE) Stock Price, News & Analysis → AI “wealth window” is closing June 25th (From Paradigm Press) (Ad) Free CUBE Stock Alerts $42.26 +0.41 (+0.98%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$42.04▼$42.4450-Day Range$40.44▼$46.5852-Week Range$33.17▼$47.81Volume1.88 million shsAverage Volume1.49 million shsMarket Capitalization$9.51 billionP/E Ratio23.48Dividend Yield4.83%Price Target$46.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get CubeSmart alerts: Email Address CubeSmart MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside9.6% Upside$46.33 Price TargetShort InterestHealthy2.27% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.20Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth4.15%From $2.65 to $2.76 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.2.58 out of 5 starsFinance Sector404th out of 874 stocksReal Estate Investment Trusts Industry83rd out of 183 stocks 1.1 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 only been the subject of 4 research reports in the past 90 days.Read more about CubeSmart's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.27% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CubeSmart has recently decreased by 3.58%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 4.89%, 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 73.91% 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 2.3 News and Social Media Coverage News SentimentCubeSmart has a news sentiment score of 0.20. 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 is a lower news sentiment than the 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CubeSmart this week, compared to 5 articles on an average week.Search Interest11 people have searched for CUBE on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added CubeSmart to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CubeSmart insiders have not sold or bought any 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 4.15% in the coming year, from $2.65 to $2.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CubeSmart is 23.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.43.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 23.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.56.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 3.37. 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 Unstoppable Prosperity“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. Click here to register for free. 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 HeadlinesMay 7, 2024 | benzinga.comJoel Keaton Exercises Options, Realizes $805KMay 4, 2024 | americanbankingnews.comCubeSmart (NYSE:CUBE) Given Average Rating of "Hold" by AnalystsMay 8, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 2, 2024 | seekingalpha.comCubeSmart: Rising Costs And Declining Occupancy Are A Drain On FFOMay 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Apollo Real Estate (ARI), Centerspace (CSR) and Cubesmart (CUBE)April 30, 2024 | finance.yahoo.comCubeSmart (NYSE:CUBE) Q1 2024 Earnings Call TranscriptApril 27, 2024 | msn.comCubeSmart Unveils Q1 2024 Performance, Anticipates Robust Summer Rental SeasonApril 27, 2024 | finance.yahoo.comQ1 2024 CubeSmart Earnings CallMay 8, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 27, 2024 | finance.yahoo.comCubeSmart (CUBE) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges and ...April 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: First Industrial Realty (FR), Cubesmart (CUBE) and AvalonBay (AVB)April 26, 2024 | finance.yahoo.comCubeSmart (CUBE) Q1 2024 Earnings: Aligns with EPS Projections Amidst Market ChallengesApril 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: AvalonBay (AVB) and Cubesmart (CUBE)April 25, 2024 | globenewswire.comCubeSmart Reports First Quarter 2024 ResultsApril 25, 2024 | markets.businessinsider.comHere's what to expect from CubeSmart's earningsApril 15, 2024 | bizjournals.comCentral Avenue self-storage sold for $8.5 millionApril 15, 2024 | msn.comState police investigating break-ins at storage facility in CTApril 15, 2024 | msn.comState police investigating break-in at storage facility in Old LymeApril 11, 2024 | msn.comControversial San Marco self-storage project zoning moves forward, design stalledApril 9, 2024 | finance.yahoo.comGain Exposure to Real Estate With These REITs Yielding Up to 7.1%April 5, 2024 | msn.comCubeSmart to Report First Quarter Earnings, Host Conference CallApril 3, 2024 | finance.yahoo.comCubeSmart (CUBE) Interactive Stock Chart - Yahoo FinanceApril 3, 2024 | msn.comWhat Nashville storage facilities are targeted the most by thieves?April 3, 2024 | msn.comThe Most Successful Entrepreneurs Know How to Say 'No.' Here's the One Exercise You Need to Learn This Skill.April 2, 2024 | bizjournals.comSelf-storage facility breaks ground near Fort Lauderdale airportApril 2, 2024 | globenewswire.comCubeSmart Announces the Date of Its First Quarter 2024 Earnings Release and Conference CallApril 1, 2024 | msn.comScrapper accused of dumping quarter-ton of junk in West Palm BeachSee 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 4/15 Dividend3/28/2024Dividend Payable4/15/2024Last Earnings4/26/2024Today5/07/2024Next Earnings (Estimated)8/01/2024Fiscal 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$46.33 High Stock Price Target$53.00 Low Stock Price Target$38.00 Potential Upside/Downside+9.5%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.80 Trailing P/E Ratio23.51 Forward P/E Ratio15.97 P/E GrowthN/ANet Income$410.76 million Net Margins38.64% Pretax Margin38.79% Return on Equity14.48% Return on Assets6.54% Debt Debt-to-Equity Ratio1.04 Current Ratio0.04 Quick Ratio0.04 Sales & Book Value Annual Sales$1.05 billion Price / Sales9.06 Cash Flow$2.78 per share Price / Cash Flow15.24 Book Value$12.54 per share Price / Book3.37Miscellaneous Outstanding Shares224,970,000Free Float221,192,000Market Cap$9.52 billion OptionableOptionable Beta0.72 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsOmega Healthcare InvestorsNYSE:OHIRyman Hospitality PropertiesNYSE:RHPHealthcare Realty TrustNYSE:HRSabra Health Care REITNASDAQ:SBRAEPR PropertiesNYSE:EPRView All CompetitorsInsiders & InstitutionsTimesSquare Capital Management LLCBought 1,077,305 shares on 5/7/2024Ownership: 0.479%Sei Investments Co.Sold 103,375 shares on 5/7/2024Ownership: 0.245%Swiss National BankBought 1,000 shares on 5/7/2024Ownership: 0.197%SG Americas Securities LLCBought 64,635 shares on 5/7/2024Ownership: 0.036%Texas Permanent School Fund CorpBought 2,549 shares on 5/6/2024Ownership: 0.087%View All Insider TransactionsView All Institutional Transactions CUBE Stock Analysis - Frequently Asked Questions Should I buy or sell CubeSmart stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CUBE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CUBE, but not buy additional shares or sell existing shares. View CUBE analyst ratings or view top-rated stocks. What is CubeSmart's stock price target for 2024? 11 brokerages have issued 12-month price objectives for CubeSmart's shares. Their CUBE share price targets range from $38.00 to $53.00. On average, they predict the company's stock price to reach $46.33 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts price targets for CUBE or view top-rated stocks among Wall Street analysts. How have CUBE shares performed in 2024? CubeSmart's stock was trading at $46.35 at the beginning of the year. Since then, CUBE shares have decreased by 8.8% and is now trading at $42.26. View the best growth stocks for 2024 here. Are investors shorting CubeSmart? CubeSmart saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,300,000 shares, a decrease of 9.2% from the March 15th total of 5,840,000 shares. Based on an average trading volume of 1,500,000 shares, the short-interest ratio is presently 3.5 days. View CubeSmart's Short Interest. When is CubeSmart's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CUBE earnings forecast. How were CubeSmart's earnings last quarter? CubeSmart (NYSE:CUBE) released its earnings results on Friday, April, 26th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.22. The real estate investment trust earned $261.41 million during the quarter, compared to analyst estimates of $253.91 million. CubeSmart had a trailing twelve-month return on equity of 14.48% and a net margin of 38.64%. The business's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart? CubeSmart announced a quarterly dividend on Monday, March 18th. Investors of record on Monday, April 1st will be paid a dividend of $0.51 per share on Monday, April 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, March 28th. Read our dividend analysis for CUBE. Is CubeSmart a good dividend stock? CubeSmart (NYSE:CUBE) pays an annual dividend of $2.04 per share and currently has a dividend yield of 4.89%. CUBE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 113.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CUBE will have a dividend payout ratio of 73.91% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CUBE. What ETFs hold CubeSmart's stock? ETFs with the largest weight of CubeSmart (NYSE:CUBE) stock in their portfolio include Janus Henderson U.S. Real Estate ETF (JRE), Nuveen Short-Term REIT ETF (NURE), Pacer Industrial Real Estate ETF (INDS), SP Funds S&P Global REIT Sharia ETF (SPRE), Fidelity Real Estate Investment ETF (FPRO), iShares Residential and Multisector Real Estate ETF (REZ), ETFB Green SRI REITs ETF (RITA) and Hoya Capital Housing ETF (HOMZ). What guidance has CubeSmart issued on next quarter's earnings? CubeSmart issued an update on its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of 0.630-0.650 for the period, compared to the consensus earnings per share estimate of 0.650. The company issued revenue guidance of -. 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. What other stocks do shareholders of CubeSmart own? Based on aggregate information from My MarketBeat watchlists, some companies that other CubeSmart investors own include AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Chipotle Mexican Grill (CMG), American Tower (AMT) and Bristol-Myers Squibb (BMY). Who are CubeSmart's major shareholders? CubeSmart's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.71%), TimesSquare Capital Management LLC (0.48%), Principal Financial Group Inc. (0.38%), Retirement Systems of Alabama (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Sei Investments Co. (0.25%). Insiders that own company stock include Christopher P Marr, Jeffrey P Foster, Joel D Keaton and Timothy M Martin. 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. This page (NYSE:CUBE) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorAI “wealth window” is closing June 25thParadigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsStock-Picking AI Predicts #1 Stock of 2024AltimetryElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe #1 lithium battery stock to have on your radar in 2024!Smallcaps DailyThe AI Stock that’s Disrupting Every IndustryStockEarnings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CubeSmart Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.