CubeSmart logo

CUBE - CubeSmart Share Price

$29.09 -0.6  -2.0%

Last Trade - 03/08/20

Sector
Financials
Size
Large Cap
Market Cap £4.39bn
Enterprise Value £5.88bn
Revenue £500.6m
Position in Universe 1012th / 6359
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.73%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -18.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
377 444.5 510 558.9 597.9 643.9 652.7 660.1 +11.3%
+88.2 +42.7 +55.1 +10.6 +5.9 -12.7 +1.05
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, CubeSmart revenues increased 7% to $164.1M. Net income increased 7% to $37.9M. Revenues reflect FFO per Share (Diluted) increase of 3% to $0.41, Rental income increase of 7% to $141M, Other property related income increase of 8% to $16.9M. Net income also reflects Other increase from $165K (expense) to $619K (income). Dividend per share increased from $0.32 to $0.33.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CUBE EPS Forecasts Unlock CUBE Revenue
Profile Summary

CubeSmart operates as a self-managed and self-administered real estate company. The Company focuses on the ownership, operation, management, acquisition and development of self-storage properties in the United States. Its self-storage properties are designed to offer storage space for its residential and commercial customers. Its storage facilities offer lockers, mini storage units and large 10 feet x 30 feet storage rooms. The Company offers various storage options, including household and personal storage, business storage, vehicle and car storage, recreational vehicle (RV) storage, boat storage, motorcycle storage, moving storage and military storage. It also offers CubeSmart Services. As of December 31, 2016, the Company owned 475 self-storage properties located in 23 states and in the District of Columbia. In addition, as of December 31, 2016, it had managed 316 stores for third parties. Its self-storage properties are located in metropolitan areas, as well as suburban areas.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated July 26, 2004
Public Since October 22, 2004
No. of Shareholders: 131
No. of Employees: 3,011
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange New York Stock Exchange
Shares in Issue 193,587,927
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CUBE Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for CUBE
Upcoming Events for CUBE
Friday 7th August, 2020
Q2 2020 CubeSmart Earnings Call
Wednesday 30th September, 2020
Dividend For CUBE.N - 0.3300 USD
Thursday 22nd October, 2020 Estimate
Q3 2020 CubeSmart Earnings Release
Frequently Asked Questions for CubeSmart
What is the CubeSmart share price?

As of 03/08/20, shares in CubeSmart are trading at $29.09, giving the company a market capitalisation of £4.39bn. This share price information is delayed by 15 minutes.

How has the CubeSmart share price performed this year?

Shares in CubeSmart are currently trading at $29.09 and the price has moved by -13.95% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the CubeSmart price has moved by -22.28% over the past year.

What are the analyst and broker recommendations for CubeSmart?

Of the analysts with advisory recommendations for CubeSmart, there are there are currently 0 "buy" , 8 "hold" and 0 "sell" recommendations. The overall consensus recommendation for CubeSmart is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will CubeSmart next release its financial results?

CubeSmart is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the CubeSmart dividend yield?

The CubeSmart dividend yield is 4.38% based on the trailing twelve month period.

Does CubeSmart pay a dividend?

Last year, CubeSmart paid a total dividend of 1.3, and it currently has a trailing dividend yield of 4.38%. Looking ahead, shares in CubeSmart are due to go ex-dividend on 2020-09-30 and the next dividend pay date is 2020-10-15.

When does CubeSmart next pay dividends?

CubeSmart are due to go ex-dividend on 2020-09-30 and the next dividend pay date is 2020-10-15. The historic dividend yield on CubeSmart shares is currently 4.38%.

How do I buy CubeSmart shares?

To buy shares in CubeSmart you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of CubeSmart?

Shares in CubeSmart are currently trading at $29.09, giving the company a market capitalisation of £4.39bn.

Where are CubeSmart shares listed? Where are CubeSmart shares listed?

Here are the trading details for CubeSmart:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: CUBE
What kind of share is CubeSmart?

Based on an overall assessment of its quality, value and momentum, CubeSmart is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a CubeSmart share price forecast 2020?

Shares in CubeSmart are currently priced at $29.09. At that level they are trading at 4.28% premium to the analyst consensus target price of 0.00.

Analysts covering CubeSmart currently have a consensus Earnings Per Share (EPS) forecast of 0.764 for the next financial year.

How can I tell whether the CubeSmart share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like CubeSmart. Over the past six months, the relative strength of its shares against the market has been -6.24%. At the current price of $29.09, shares in CubeSmart are trading at 2.03% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the CubeSmart PE Ratio?

The CubeSmart PE ratio based on its reported earnings over the past 12 months is 33.68. The shares are currently trading at $29.09.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of CubeSmart?

CubeSmart's management team is headed by:

Christopher Marr - PRE
Timothy Martin - CFO
Marianne Keler - IND
Jeffrey Foster - SVP
John Remondi - IND
Piero Bussani - IND
John Fain - IND
Dorothy Dowling - IND
Joel Keaton - COO
Who are the major shareholders of CubeSmart?

Here are the top five shareholders of CubeSmart based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 14.56% (28.2m shares)
Fidelity Management & Research Company Investment Advisor
Percentage owned: 8.81% (17.0m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.72% (11.1m shares)
AllianceBernstein L.P. Investment Advisor/Hedge Fund
Percentage owned: 4.97% (9.63m shares)
T. Rowe Price Associates, Inc. Investment Advisor
Percentage owned: 4.68% (9.06m shares)
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