Cubesmart Stock Today

CUBE Stock  USD 51.96  0.12  0.23%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 21

 
High
 
Low
Low
CubeSmart is trading at 51.96 as of the 10th of September 2024, a 0.23 percent up since the beginning of the trading day. The stock's lowest day price was 51.42. CubeSmart has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Note, on October 20, 2023, Senator Pete Ricketts of US Senate acquired $50k to $100k worth of CubeSmart's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
22nd of October 2004
Category
Real Estate
CubeSmart is a self-administered and self-managed real estate investment trust. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. Cubesmart operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. The company has 225.2 M outstanding shares of which 3.82 M shares are currently shorted by private and institutional investors with about 2.79 trading days to cover. More on CubeSmart

Moving together with CubeSmart Stock

  0.94O Realty IncomePairCorr
  0.96FR First Industrial RealtyPairCorr
  0.9HR Healthcare Realty TrustPairCorr

Moving against CubeSmart Stock

  0.75WHLR Wheeler Real Estate TrendingPairCorr
Follow Valuation Options Odds of Bankruptcy
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CubeSmart Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOChristopher Marr
Business ConcentrationSelf-Storage REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Real Estate, Specialized REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.170.1687
Slightly Up
Pretty Stable
Gross Profit Margin0.760.5278
Way Up
Pretty Stable
Net Debt3.2 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities250.1 M373.8 M
Way Down
Slightly volatile
Non Current Liabilities Total3.1 BB
Sufficiently Up
Slightly volatile
Total Assets6.5 B6.2 B
Sufficiently Up
Slightly volatile
Total Current Assets120.2 M114.5 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities650.5 M619.5 M
Sufficiently Up
Slightly volatile
Debt Levels
CubeSmart can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CubeSmart's financial leverage. It provides some insight into what part of CubeSmart's total assets is financed by creditors.
Liquidity
CubeSmart currently holds 3.04 B in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about CubeSmart's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

608.61 Million
CubeSmart (CUBE) is traded on New York Stock Exchange in USA. It is located in 5 Old Lancaster Road, Malvern, PA, United States, 19355-2132 and employs 3,040 people. CubeSmart is listed under Self-Storage REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.77 B. CubeSmart conducts business under Specialized REITs sector and is part of Real Estate industry. The entity has 225.2 M outstanding shares of which 3.82 M shares are currently shorted by private and institutional investors with about 2.79 trading days to cover. CubeSmart currently holds about 5.18 M in cash with 619.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check CubeSmart Probability Of Bankruptcy
Ownership Allocation
CubeSmart holds a total of 225.2 Million outstanding shares. The majority of CubeSmart outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CubeSmart to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CubeSmart. Please pay attention to any change in the institutional holdings of CubeSmart as this could imply that something significant has changed or is about to change at the company. Also note that nearly one hundred eighty thousand one hundred fifty-nine invesors are currently shorting CubeSmart expressing very little confidence in its future performance.
Check CubeSmart Ownership Details

CubeSmart Stock Institutional Holders

InstituionRecorded OnShares
Allspring Global Investments Holdings, Llc2024-06-30
4.5 M
Amvescap Plc.2024-06-30
3.9 M
Dimensional Fund Advisors, Inc.2024-06-30
3.4 M
Charles Schwab Investment Management Inc2024-06-30
2.9 M
Barrow Hanley Mewhinney & Strauss Llc2024-06-30
2.7 M
Morgan Stanley - Brokerage Accounts2024-03-31
2.7 M
Bb&t Corp.2024-06-30
2.6 M
Cbre Investment Management Listed Real Assets Llc2024-06-30
2.6 M
Northern Trust Corp2024-06-30
2.5 M
Vanguard Group Inc2024-06-30
31.7 M
Blackrock Inc2024-06-30
27.1 M
View CubeSmart Diagnostics

CubeSmart Historical Income Statement

At present, CubeSmart's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 733.4 M, whereas Gross Profit is forecasted to decline to about 285.9 M. View More Fundamentals

CubeSmart Stock Against Markets

CubeSmart Corporate Management

Guy MiddlebrooksVice ManagementProfile
Joshua SchutzerDirector AnalysisProfile
Dorothy DowlingIndependent TrusteeProfile
Daniel CFAVice MarketingProfile

Additional Information and Resources on Investing in CubeSmart Stock

When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
2.02
Earnings Share
1.78
Revenue Per Share
4.719
Quarterly Revenue Growth
0.019
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.