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Cubesmart (CUBE)
NYSE:CUBE
Cubesmart (CUBE) Stock Price & Analysis
482 Followers
CUBE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.45 - $47.27
Previous Close$41.45
Volume2.00M
Average Volume (3M)1.46M
Market Cap
$9.23B
Enterprise Value$9.67B
Total Cash (Recent Filing)$6.53M
Total Debt (Recent Filing)$216.00M
Price to Earnings (P/E)23.0
Beta1.15
Next Earnings
Jul 25, 2024EPS Estimate
$0.42Last Dividend Ex-Date
Mar 28, 2024Dividend Yield4.83%
Share Statistics
EPS (TTM)1.80
Shares Outstanding224,972,363
10 Day Avg. Volume1,401,930
30 Day Avg. Volume1,456,330
Standard Deviation0.07
R-Squared0.28
Alpha0.00237
Financial Highlights & Ratios
Price to Book (P/B)3.28
Price to Sales (P/S)8.88
Price to Cash Flow (P/CF)15.70
P/FCF Ratio20.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.21
Enterprise Value/Gross Profit12.80
Enterprise Value/Ebitda15.14
Forecast
1Y Price Target
$47.86Price Target Upside14.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Cubesmart News
PremiumCompany Announcements
Cubesmart Releases Forward-Looking Statements with Cautions
Bulls Say, Bears Say
Bulls Say
Financial StrategyCUBE's conservative approach to capital deployment for external growth, while maintaining a strong balance sheet, sets the stage for potential strategic acquisitions.
Operational EfficiencyDespite minimal increases in advertising spend, CUBE achieved a significant uptick in rentals, demonstrating effective operational efficiency and market penetration.
Regional PerformanceThe NY Metro area continues to provide stability to the portfolio with positive same-store revenue and net operating income growth, highlighting a robust regional market.
Bears Say
Financial PerformanceCUBE earnings missed by -1¢/sh with same store results mixed.
Industry OutlookBased on ‘Ki’ to Self-Storage pricing data, there is continued general softness in the industry.
Revenue GrowthTough to See Positive Inflection in SS Revenue Growth Until 2025 given negative spreads between move-ins and move-outs.
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Ownership Overview
10.45% Insiders
36.77% Mutual Funds
29.72% Other Institutional Investors
23.06% 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 $32.45 and its highest was $47.27 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 Jul 25, 2024 which is in 82 days.
How were Cubesmart’s earnings last quarter?
Cubesmart released its earnings results on Apr 25, 2024. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.424 by -$0.004.
Is Cubesmart overvalued?
According to Wall Street analysts Cubesmart’s price is currently Undervalued.
Does Cubesmart pay dividends?
Cubesmart pays a Quarterly dividend of $0.51 which represents an annual dividend yield of 4.83%. See more information on Cubesmart dividends here
What is Cubesmart’s EPS estimate?
Cubesmart’s EPS estimate is $0.42.
How many shares outstanding does Cubesmart have?
Cubesmart has 224,972,370 shares outstanding.
What happened to Cubesmart’s price movement after its last earnings report?
Cubesmart reported an EPS of $0.42 in its last earnings report, missing expectations of $0.424. Following the earnings report the stock price went down -1.498%.
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 125M.
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Cubesmart Stock Smart Score
Underperform
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$47.86 (14.63% Upside)
$47.86 (14.63% Upside)
Blogger Sentiment
Bullish
CUBE Sentiment 77%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 611.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $357.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.4%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.73%
12-Months-Change
Fundamentals
Return on Equity
14.59%
Trailing 12-Months
Asset Growth
-1.31%
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
Q1 2024
0:00 / 0:00
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CUBE Stock 12 Months Forecast
Average Price Target
$47.86
▲(14.63% Upside)
Technical Analysis
Best Analysts Covering CUBE
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
-2.60%
reiterated a buy rating 6 months ago
Copying Jonathan Hughes's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -2.60% per trade.
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