NYSE:CUBE CubeSmart (CUBE) Stock Price, News & Analysis $53.99 -0.06 (-0.11%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About CubeSmart Stock (NYSE:CUBE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$53.98▼$55.1450-Day Range$44.13▼$54.5652-Week Range$33.17▼$55.14Volume1.53 million shsAverage Volume1.34 million shsMarket Capitalization$12.15 billionP/E Ratio29.99Dividend Yield3.78%Price Target$49.75Consensus RatingHold Company OverviewCubeSmart 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… This diversified cannabis pioneer could make huge moves soon (Ad)The cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start with diversification and experience. Founded in 2005, this company serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers. Learn more here. CubeSmart Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 75th PercentileCubeSmart scored higher than 75% of companies evaluated by MarketBeat, and ranked 359th out of 954 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 5Analyst RatingHold Consensus RatingCubeSmart has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Amount of Analyst CoverageCubeSmart has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CubeSmart's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth3.41% 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 29.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.Price to Earnings Ratio vs. SectorThe P/E ratio of CubeSmart is 29.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.87.Price to Earnings Growth RatioCubeSmart has a PEG Ratio of 9.98. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCubeSmart has a P/B Ratio of 4.31. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.86% 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 increased by 9.42%, indicating that investor sentiment is decreasing significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend LeadershipCubeSmart is a leading dividend payer. It pays a dividend yield of 3.74%, 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.86% 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 increased by 9.42%, indicating that investor sentiment is decreasing significantly. News and Social Media2.5 / 5News Sentiment0.54 News SentimentCubeSmart has a news sentiment score of 0.54. 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 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 23 news articles for CubeSmart this week, compared to 6 articles on an average week.Search Interest20 people have searched for CUBE on MarketBeat in the last 30 days. This is an increase of 82% 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 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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. CUBE Stock News HeadlinesCubeSmart (NYSE:CUBE) Reaches New 12-Month High After Analyst UpgradeSeptember 18 at 2:05 AM | americanbankingnews.comCubeSmart (NYSE:CUBE) Lowered to Neutral at UBS GroupSeptember 15 at 6:15 AM | americanbankingnews.comWar on Elon Escalates… Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.September 18, 2024 | Porter & Company (Ad)Cubesmart (CUBE) was downgraded to a Hold Rating at UBSSeptember 14, 2024 | markets.businessinsider.comUBS Downgrades CubeSmart (CUBE)September 13, 2024 | msn.comCubeSmart (NYSE:CUBE) to Post Q3 2024 Earnings of $0.68 Per Share, KeyCorp ForecastsSeptember 13, 2024 | americanbankingnews.comRoyal Bank of Canada Initiates Coverage on CubeSmart (NYSE:CUBE)September 12, 2024 | americanbankingnews.comRBC Capital Initiates Coverage of CubeSmart (CUBE) with Outperform RecommendationSeptember 12, 2024 | msn.comSee More Headlines 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 16.5% and is now trading at $53.99. View the best growth stocks for 2024 here. How were CubeSmart's earnings last quarter? CubeSmart (NYSE:CUBE) issued its earnings results on Thursday, August, 1st. The real estate investment trust reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.23. CubeSmart's revenue for the quarter was up 2.1% compared to the same quarter last year. 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). Company Calendar Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Last Earnings8/01/2024Today9/18/2024Ex-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$50.50 High Stock Price Target$62.00 Low Stock Price Target$38.00 Potential Upside/Downside-7.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.80 Trailing P/E Ratio29.99 Forward P/E Ratio20.45 P/E Growth9.98Net 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$1.06 billion Price / Sales11.45 Cash Flow$2.71 per share Price / Cash Flow19.91 Book Value$12.54 per share Price / Book4.31Miscellaneous Outstanding Shares224,972,000Free Float221,192,000Market Cap$12.15 billion OptionableOptionable Beta0.82 This page (NYSE:CUBE) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. 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