Cubesmart (CUBE)

$44.23

-0.29

(-0.65%)

Market is closed - opens 7 PM, 17 Jun 2024

Insights on Cubesmart

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 267.87M → 261.40M (in $), with an average decrease of 1.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 112.66M → 94.52M (in $), with an average decrease of 16.1% per quarter

  • Vs EXR

    In the last 1 year, Extra Space Storage Inc. has given 7.4% return, outperforming this stock by 8.0%

  • Vs EXR

    In the last 3 years, Cubesmart has experienced a drawdown of -4.5%, however Extra Space Storage Inc. resisted the overall trend and outperformed by 2.4%

Performance

  • $44.01
    $44.97
    $44.23
    downward going graph

    0.5%

    Downside

    Day's Volatility :2.13%

    Upside

    1.65%

    downward going graph
  • $32.45
    $47.27
    $44.23
    downward going graph

    26.63%

    Downside

    52 Weeks Volatility :31.35%

    Upside

    6.43%

    downward going graph

Returns

PeriodCubesmartSector (Real Estate)Index (Russel 2000)
3 Months
3.41%
-1.3%
0.0%
6 Months
-0.7%
-3.7%
0.0%
1 Year
-0.9%
2.1%
0.0%
3 Years
-3.58%
-14.9%
-23.8%

Highlights

Market Capitalization
10.1B
Book Value
$12.37
Dividend Share
2.0
Dividend Yield
4.58%
Earnings Per Share (EPS)
1.81
PE Ratio
24.6
PEG Ratio
6.31
Wall Street Target Price
45.82
Profit Margin
38.47%
Operating Margin TTM
45.33%
Return On Assets TTM
5.0%
Return On Equity TTM
14.24%
Revenue TTM
1.1B
Revenue Per Share TTM
4.7
Quarterly Revenue Growth YOY
1.9%
Gross Profit TTM
741.9M
EBITDA
701.1M
Diluted Eps TTM
1.81
Quarterly Earnings Growth YOY
-0.03
EPS Estimate Current Year
1.74
EPS Estimate Next Year
1.8
EPS Estimate Current Quarter
0.42
EPS Estimate Next Quarter
0.42

Analyst Recommendation

Hold
    42%Buy
    52%Hold
    4%Sell
Based on 21 Wall street analysts offering stock ratings for Cubesmart(by analysts ranked 0 to 5 stars)
Based on 21 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
9
9
10
Hold
11
11
10
Sell
1
1
1

Analyst Forecast

What analysts predicted

Upside of 3.59%

Current $44.23
Target $45.82

Company Financials

FY18Y/Y Change
Revenue
597.9M
↑ 6.98%
Net Income
163.9M
↑ 22.04%
Net Profit Margin
27.41%
↑ 3.38%
FY19Y/Y Change
Revenue
643.9M
↑ 7.69%
Net Income
84.1M
↓ 48.71%
Net Profit Margin
13.05%
↓ 14.36%
FY20Y/Y Change
Revenue
679.2M
↑ 5.48%
Net Income
89.8M
↑ 6.83%
Net Profit Margin
13.22%
↑ 0.17%
FY21Y/Y Change
Revenue
822.6M
↑ 21.11%
Net Income
130.6M
↑ 45.42%
Net Profit Margin
15.87%
↑ 2.65%
FY22Y/Y Change
Revenue
1.0B
↑ 22.74%
Net Income
199.2M
↑ 52.54%
Net Profit Margin
19.73%
↑ 3.86%
FY23Y/Y Change
Revenue
1.1B
↑ 4.03%
Net Income
410.8M
↑ 106.22%
Net Profit Margin
39.11%
↑ 19.38%
Q4 FY22Q/Q Change
Revenue
261.0M
↓ 0.16%
Net Income
58.6M
↓ 34.57%
Net Profit Margin
22.46%
↓ 11.81%
Q1 FY23Q/Q Change
Revenue
256.5M
↓ 1.71%
Net Income
97.6M
↑ 66.45%
Net Profit Margin
38.03%
↑ 15.57%
Q2 FY23Q/Q Change
Revenue
260.8M
↑ 1.67%
Net Income
97.9M
↑ 0.32%
Net Profit Margin
37.53%
↓ 0.5%
Q3 FY23Q/Q Change
Revenue
267.9M
↑ 2.71%
Net Income
102.6M
↑ 4.87%
Net Profit Margin
38.32%
↑ 0.79%
Q4 FY23Q/Q Change
Revenue
265.1M
↓ 1.03%
Net Income
112.7M
↑ 9.76%
Net Profit Margin
42.5%
↑ 4.18%
Q1 FY24Q/Q Change
Revenue
261.4M
↓ 1.4%
Net Income
94.5M
↓ 16.1%
Net Profit Margin
36.16%
↓ 6.34%
FY18Y/Y Change
Total Assets
3.8B
↑ 5.86%
Total Liabilities
2.0B
↑ 6.74%
FY19Y/Y Change
Total Assets
4.0B
↑ 7.37%
Total Liabilities
2.2B
↑ 9.06%
FY20Y/Y Change
Total Assets
4.8B
↑ 18.58%
Total Liabilities
2.7B
↑ 24.43%
FY21Y/Y Change
Total Assets
6.5B
↑ 37.04%
Total Liabilities
3.5B
↑ 32.06%
FY22Y/Y Change
Total Assets
6.3B
↓ 3.39%
Total Liabilities
3.4B
↓ 3.43%
FY23Y/Y Change
Total Assets
6.2B
↓ 1.59%
Total Liabilities
3.3B
↓ 2.45%
Q4 FY22Q/Q Change
Total Assets
6.3B
↓ 0.71%
Total Liabilities
3.4B
↓ 0.55%
Q1 FY23Q/Q Change
Total Assets
6.3B
↓ 0.55%
Total Liabilities
3.4B
↓ 0.71%
Q2 FY23Q/Q Change
Total Assets
6.3B
↓ 0.16%
Total Liabilities
3.4B
↓ 0.05%
Q3 FY23Q/Q Change
Total Assets
6.2B
↓ 0.76%
Total Liabilities
3.4B
↓ 1.24%
Q4 FY23Q/Q Change
Total Assets
6.2B
↓ 0.13%
Total Liabilities
3.3B
↓ 0.47%
Q1 FY24Q/Q Change
Total Assets
6.2B
↓ 0.26%
Total Liabilities
3.3B
↑ 0.08%
FY18Y/Y Change
Operating Cash Flow
304.3M
↑ 3.71%
Investing Cash Flow
-322.3M
↑ 118.0%
Financing Cash Flow
15.2M
↓ 110.64%
FY19Y/Y Change
Operating Cash Flow
331.8M
↑ 9.01%
Investing Cash Flow
-375.7M
↑ 16.57%
Financing Cash Flow
95.9M
↑ 528.64%
FY20Y/Y Change
Operating Cash Flow
351.0M
↑ 5.81%
Investing Cash Flow
-511.4M
↑ 36.14%
Financing Cash Flow
108.2M
↑ 12.87%
FY21Y/Y Change
Operating Cash Flow
449.2M
↑ 27.96%
Investing Cash Flow
-1.9B
↑ 262.24%
Financing Cash Flow
1.4B
↑ 1203.72%
FY22Y/Y Change
Operating Cash Flow
591.5M
↑ 31.68%
Investing Cash Flow
-48.8M
↓ 97.37%
Financing Cash Flow
-547.1M
↓ 138.79%
Q4 FY22Q/Q Change
Operating Cash Flow
145.0M
↓ 10.62%
Investing Cash Flow
-17.5M
↓ 193.06%
Financing Cash Flow
-126.7M
↓ 29.98%
Q1 FY23Q/Q Change
Operating Cash Flow
135.5M
↓ 6.53%
Investing Cash Flow
-24.4M
↑ 38.84%
Financing Cash Flow
-111.3M
↓ 12.17%
Q2 FY23Q/Q Change
Operating Cash Flow
161.3M
↑ 19.01%
Investing Cash Flow
-20.8M
↓ 14.7%
Financing Cash Flow
-138.1M
↑ 24.11%
Q3 FY23Q/Q Change
Operating Cash Flow
168.4M
↑ 4.4%
Investing Cash Flow
-9.7M
↓ 53.38%
Financing Cash Flow
-159.9M
↑ 15.78%

Technicals Summary

Sell

Neutral

Buy

Cubesmart is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Cubesmart
Cubesmart
0.87%
-0.7%
-0.9%
-3.58%
29.1%
Prologis, Inc.
Prologis, Inc.
1.35%
-15.37%
-8.43%
-7.52%
38.77%
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
-2.82%
-19.96%
-16.55%
-22.36%
-19.36%
Extra Space Storage Inc.
Extra Space Storage Inc.
3.45%
3.27%
7.77%
-1.86%
43.96%
Public Storage
Public Storage
-1.31%
-1.99%
-1.34%
-3.07%
15.99%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Cubesmart
Cubesmart
24.6
24.6
6.31
1.74
0.14
0.05
0.05
12.37
Prologis, Inc.
Prologis, Inc.
32.86
32.86
0.6
2.46
0.06
0.02
0.03
57.39
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
41.37
41.37
9.31
1.11
0.03
0.02
0.04
36.24
Extra Space Storage Inc.
Extra Space Storage Inc.
36.87
36.87
4.43
4.45
0.09
0.04
0.04
67.55
Public Storage
Public Storage
25.64
25.64
8.91
10.57
0.21
0.08
0.04
31.86
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Cubesmart
Cubesmart
Hold
$10.1B
29.1%
24.6
38.47%
Prologis, Inc.
Prologis, Inc.
Buy
$104.0B
38.77%
32.86
37.35%
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
Buy
$10.1B
-19.36%
41.37
28.93%
Extra Space Storage Inc.
Extra Space Storage Inc.
Hold
$34.9B
43.96%
36.87
28.12%
Public Storage
Public Storage
Buy
$49.7B
15.99%
25.64
46.43%

Institutional Holdings

  • Vanguard Group Inc

    14.19%
  • BlackRock Inc

    11.53%
  • FMR Inc

    6.25%
  • State Street Corporation

    5.55%
  • NORGES BANK

    4.27%
  • T. Rowe Price Investment Management,Inc.

    2.79%

Corporate Announcements

  • Cubesmart Dividends March,2024

    In the quarter ending March,2024. Cubesmart has declared dividend of $0.51

    Read More

Company Information

with more personalized storage solutions and over 600 convenient locations nationwide, our customers can expect to get more out of self storage than they put in. same space. same price. more services. now that's smart. cubesmart has the best-trained managers in the industry who are committed to delivering top-notch, unparalleled service. we’ve elevated ourselves through our first-in-industry wow! department. focused on delivering a better storage experience than our customers could have imagined, wow! is the next step in the evolution of customer service. interested in working at cubesmart? go to careers.cubesmart.com. interested in selling your facility? we're looking to buy existing properties! email our acquisitions team at inquiry@cubesmart.com. find cubesmart elsewhere on the web: http://cubesmart.com http://careers.cubesmart.com www.facebook.com/cubesmart https://twitter.com/cubesmart https://www.youtube.com/user/cubesmartstorage https://plus.google.com/+cubesmart/

Organization
Cubesmart
Employees
3040
CEO
Mr. Christopher P. Marr
Industry
Finance

FAQs