CUBE icon

CubeSmart

43.00 USD
-0.36
0.83%
At close Jun 13, 4:00 PM EDT
After hours
42.94
-0.06
0.14%
1 day
-0.83%
5 days
-0.58%
1 month
0.82%
3 months
5.57%
6 months
-7.07%
Year to date
3.37%
1 year
-3.41%
5 years
53.63%
10 years
84.08%
 

About: CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

Employees: 3,104

0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

200% more call options, than puts

Call options by funds: $6.69M | Put options by funds: $2.23M

50% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 6 (+2) [Q1 2025]

17% more repeat investments, than reductions

Existing positions increased: 176 | Existing positions reduced: 150

5% less funds holding

Funds holding: 457 [Q4 2024] → 435 (-22) [Q1 2025]

5% less capital invested

Capital invested by funds: $9.41B [Q4 2024] → $8.9B (-$508M) [Q1 2025]

5.65% less ownership

Funds ownership: 97.2% [Q4 2024] → 91.55% (-5.65%) [Q1 2025]

21% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 67

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$43
0%
upside
Avg. target
$47
9%
upside
High target
$50
16%
upside

6 analyst ratings

positive
33%
neutral
67%
negative
0%
Mizuho
Ravi Vaidya
0%upside
$43
Neutral
Maintained
28 May 2025
Truist Securities
Ki Bin Kim
12%upside
$48
Buy
Maintained
19 May 2025
Barclays
Brendan Lynch
12%upside
$48
Equal-Weight
Maintained
16 May 2025
B of A Securities
Jeffrey Spector
16%upside
$50
Buy
Upgraded
13 May 2025
Scotiabank
Daniel Tricarico
5%upside
$45
Sector Perform
Maintained
12 May 2025

Financial journalist opinion

Based on 3 articles about CUBE published over the past 30 days

Negative
Seeking Alpha
1 week ago
Very Bad News For REITs: The Trade War Is Back
The trade war is making a comeback. This is bad news for REITs as higher tariffs lead to higher inflation and interest rates. But there's a silver lining for long-term oriented investors.
Very Bad News For REITs: The Trade War Is Back
Neutral
GlobeNewsWire
3 weeks ago
CubeSmart Declares Second Quarter 2025 Dividend
MALVERN, Pa., May 20, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending June 30, 2025. The dividend is payable on July 15, 2025 to common shareholders of record on July 1, 2025.
CubeSmart Declares Second Quarter 2025 Dividend
Positive
Seeking Alpha
3 weeks ago
CubeSmart: A Storage REIT To Store Future Value, As Portfolio Grows
CubeSmart gets a buy rating, standing out as a leading self-storage REIT, benefiting from sector resilience and projected industry growth through 2028. The company's diverse geographic portfolio, high occupancy rates, and new developments support a bullish outlook for top-line growth. CubeSmart boasts superior margins versus peers and a strong dividend growth trend, enhancing its appeal for income-focused investors.
CubeSmart: A Storage REIT To Store Future Value, As Portfolio Grows
Positive
Seeking Alpha
1 month ago
3 Great REITs For Buy-And-Hold Investors
Some REITs are truly exceptional. They consistently outperform the market. I highlight three such exceptional REITs to buy and hold "forever".
3 Great REITs For Buy-And-Hold Investors
Neutral
Zacks Investment Research
1 month ago
WPC vs. CUBE: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with W.P. Carey (WPC) and CubeSmart (CUBE).
WPC vs. CUBE: Which Stock Is the Better Value Option?
Neutral
Seeking Alpha
1 month ago
Trade Talks, Fed Hawks, Market Balks
US equity markets posted modest declines this past week after the Federal Reserve held rates steady and maintained its status quo "wait-and-see" approach, but acknowledged heightened inflation and labor market risks. Meanwhile, White House officials headed to Switzerland to begin high-level trade talks with China, which follows the announcement of the first major post-Liberation Day trade deal with the United Kingdom. Following its best two-week stretch since late 2022, the S&P 500 slipped 0.4% this week - extending its drawdown to around 8% from its mid-February record highs.
Trade Talks, Fed Hawks, Market Balks
Neutral
Seeking Alpha
1 month ago
CubeSmart (CUBE) Q1 2025 Earnings Conference Call Transcript
CubeSmart (NYSE:CUBE ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Josh Schutzer - VP, Finance Chris Marr - President and CEO Tim Martin - CFO Conference Call Participants Samir Khanal - Bank of America Merrill Lynch Nick Carn - Citi Spenser Glimcher - Green Street Todd Thomas - KeyBanc Capital Markets Michael Griffin - Evercore ISI Ravi Vaidya - Mizuho Daniel Tricarico - Scotiabank Ki Bin Kim - Truist Securities Michael Goldsmith - UBS Hong Zhang - JPMorgan Brendan Lynch - Barclays Operator Thank you for standing by. My name is Eric and I will be your conference operator today.
CubeSmart (CUBE) Q1 2025 Earnings Conference Call Transcript
Positive
Zacks Investment Research
1 month ago
CubeSmart (CUBE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for CubeSmart (CUBE) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CubeSmart (CUBE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
1 month ago
CubeSmart (CUBE) Tops Q1 FFO and Revenue Estimates
CubeSmart (CUBE) came out with quarterly funds from operations (FFO) of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.64 per share a year ago.
CubeSmart (CUBE) Tops Q1 FFO and Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
CubeSmart Reports First Quarter 2025 Results
MALVERN, Pa., May 01, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2025.
CubeSmart Reports First Quarter 2025 Results
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