CubeSmart (CUBE)
| Market Cap | 10.42B |
| Revenue (ttm) | 1.05B |
| Net Income (ttm) | 379.95M |
| Shares Out | 224.86M |
| EPS (ttm) | 1.67 |
| PE Ratio | 27.75 |
| Forward PE | 25.55 |
| Dividend | $2.04 (4.40%) |
| Ex-Dividend Date | Dec 29, 2023 |
| Volume | 1,182,742 |
| Open | 46.56 |
| Previous Close | 46.92 |
| Day's Range | 46.31 - 46.89 |
| 52-Week Range | 33.17 - 48.93 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 44.82 (-3.3%) |
| Earnings Date | Feb 22, 2024 |
About 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]
Financial Performance
In 2022, CubeSmart's revenue was $1.01 billion, an increase of 22.74% compared to the previous year's $822.56 million. Earnings were $291.26 million, an increase of 30.33%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CUBE stock is "Buy." The 12-month stock price forecast is $44.82, which is a decrease of -3.30% from the latest price.
News
CubeSmart Announces 4.1% Increase in Quarterly Common Dividend
MALVERN, Pa., Dec. 07, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending December...
CubeSmart Reports Third Quarter 2023 Results
MALVERN, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2023.
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CubeSmart Announces the Date of Its Third Quarter 2023 Earnings Release and Conference Call
MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2023 after the mar...
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U.S. stocks closed lower on Friday, ahead of the Federal Reserve's policy meeting this week. The Dow, meanwhile, settled slightly higher last week, while the S&P 500 and Nasdaq both recorded losses fo...
These 3 Real Estate Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
CubeSmart Reports Second Quarter 2023 Results
MALVERN, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2023.
CubeSmart Declares Third Quarter 2023 Dividend
MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending Septembe...
CubeSmart Announces the Date of Its Second Quarter 2023 Earnings Release and Conference Call
MALVERN, Pa., July 13, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2023 after the market c...
CubeSmart Declares Second Quarter 2023 Dividend
MALVERN, Pa., May 16, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending June 30, ...
CubeSmart Reports First Quarter 2023 Results
MALVERN, Pa., April 27, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2023.
CubeSmart Announces the Date of Its First Quarter 2023 Earnings Release and Conference Call
MALVERN, Pa., April 13, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2023 after the market...
CubeSmart Recognized as one of the Achievers 50 Most Engaged Workplaces® for the Third Time
MALVERN, Pa., March 22, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), the third largest owner/operator of self-storage properties in the United States, is being recognized as one of Achievers 50 Mo...
CubeSmart Reports 2022 Annual Results
MALVERN, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2022.
CubeSmart Declares First Quarter 2023 Dividend
MALVERN, Pa., Feb. 22, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending March 31...
CubeSmart Announces the Date of Its Fourth Quarter 2022 Earnings Release and Conference Call
MALVERN, Pa., Jan. 31, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2022 after the mark...
CubeSmart Announces Tax Allocations of 2022 Distributions
MALVERN, Pa., Jan. 17, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today the tax allocations of its 2022 distributions for CubeSmart Common Shares of Beneficial Interest.
CubeSmart Announces 14.0% Increase in Quarterly Common Dividend
MALVERN, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending December...
CubeSmart Reports Third Quarter 2022 Results
MALVERN, Pa., Oct. 27, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2022.
CubeSmart Announces the Date of Its Third Quarter 2022 Earnings Release and Conference Call
MALVERN, Pa., Oct. 13, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2022 after the mar...
CubeSmart Reports Second Quarter 2022 Results
MALVERN, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2022.
CubeSmart Declares Third Quarter 2022 Dividend
MALVERN, Pa., July 26, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending Septembe...
CubeSmart Announces the Date of Its Second Quarter 2022 Earnings Release and Conference Call
MALVERN, Pa., July 13, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2022 after the market c...
CubeSmart Declares Second Quarter 2022 Dividend
MALVERN, Pa., May 17, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending June 30, ...
CubeSmart Reports First Quarter 2022 Results
MALVERN, Pa., April 28, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2022.