CUBE
53.75
-1.31 (-2.38%)
CubeSmart (NYSE, USD)
Real Estate >
REIT-Industrial
Market cap
10.85B
Ent value
13.38B
Price/Sales
15.97
Price/Book
4.75
Div yield
2.53%
Div growth
14.03%
Growth years
11
FCF payout
-156.05%
Trailing P/E
65.48
Forward P/E
48.42
PEG
10.91
EPS growth
46.10%
1 year return
64.42%
3 year return
21.71%
5 year return
17.23%
10 year return
19.07%
Last updated: 2021-11-26
STOCK INFORMATION
Stock chart
Loading...
Stock price data
| Open | 54.60 |
| Daily high | 54.75 |
| Daily low | 53.37 |
| Daily Volume | 700K |
| All-time high | 55.79 |
| 1y analyst estimate | 55.44 |
| Beta | 0.37 |
| EPS (TTM) | 0.84 |
| Dividend per share | 1.36 |
| Ex-div date | 30 Sep 2021 |
| Next earnings date | 28 Oct 2021 |
Downside potential
Loading...
Downside potential data
| CUBE | S&P500 | |
| Current price drop from All-time high | -1.31% | -0.06% |
| Highest price drop | -93.97% | -56.47% |
| Date of highest drop | 5 Mar 2009 | 9 Mar 2009 |
| Avg drop from high | -27.73% | -11.41% |
| Avg time to new high | 25 days | 12 days |
| Max time to new high | 1984 days | 1805 days |
DIVIDENDS
Dividend yield - 5y
Loading...
Dividend yield data
| Dividend per share | 1.36 |
| Dividend yield | 2.53% |
| Payout frequency | Quarterly |
| Maximum yield | 6.33% |
| Average yield | 4.02% |
| Minimum yield | 2.44% |
| Discount to avg yield | -58.92% |
| Upside potential | -37.07% |
| Yield as % of max yield | 39.97% |
Yield distribution (inverse percentile) - 5y
Loading...
Yield distribution data
| Dividend yield | 2.53% |
| Current yield distribution | 98.25% |
| Yield at 100% (Min) | 2.44% |
| Yield at 90% | 3.10% |
| Yield at 80% | 3.73% |
| Yield at 50% (Median) | 4.11% |
| Yield at 20% | 4.40% |
| Yield at 10% | 4.59% |
| Yield at 0% (Max) | 6.33% |
Dividend per share
Loading...
Dividend per share data
| Years of growth | 11 years |
| CCC status | Dividend Contender |
| Dividend per share | 1.36 |
| Payout frequency | Quarterly |
| Ex-div date | 30 Sep 2021 |
| EPS (TTM) | 0.84 |
| EPS (1y forward) | 1.11 |
| EPS growth (5y) | 46.10% |
| EPS growth (5y forward) | 6.00% |
Dividend growth
Loading...
Please create a free account or log in to access this chart
Dividend growth data
| CUBE | S&P500 | |
| DGR MR | 3.03% | 7.68% |
| DGR TTM | 3.03% | -2.66% |
| DGR 3 years | 6.21% | 5.82% |
| DGR 5 years | 14.03% | 6.23% |
| DGR 10 years | 29.53% | 9.64% |
| DGR 15 years | - | 6.71% |
| Time since last change announced | 355 days |
| EPS growth (5y) | 46.10% |
| EPS growth (5y forward) | 6.00% |
Payout ratio
Loading...
Please create a free account or log in to access this chart
Payout ratio data
| EPS coverage | FCF coverage | |
| TTM | 154.72% | -156.05% |
| Average | - | - |
| Forward | 122.52% | - |
VALUATION
Valuation Ratios
Loading...
Valuation Ratios data
| Trailing P/E | 65.48 |
| Price to OCF | 30.89 |
| Price to FCF | - |
| Price to EBITDA | 33.18 |
| EV to EBITDA | 40.92 |
Valuation (Sales/Book Value)
Loading...
Valuation (Sales/Book Value) data
| Price to Sales | 15.97 |
| Price to Book | 4.75 |
| EV to Sales | 19.69 |
FINANCIALS
Per share
Loading...
Per share data
| Current share count | 201.77M |
| EPS (TTM) | 0.84 |
| FCF per share (TTM) | -0.83 |
Income statement
Loading...
Income statement data
| Revenue (TTM) | 679.18M |
| Gross profit (TTM) | 455.54M |
| Operating income (TTM) | 257.55M |
| Net income (TTM) | 165.62M |
| EPS (TTM) | 0.84 |
| EPS (1y forward) | 1.11 |
Margins
Loading...
Margins data
| Gross margin (TTM) | 67.07% |
| Operating margin (TTM) | 37.92% |
| Profit margin (TTM) | 24.39% |
Balance Sheet
Loading...
Please create a free account or log in to access this chart
Balance Sheet data
| Cash | 20.33M |
| Net receivables | 0.00 |
| Total current assets | 60.07M |
| Goodwill | 0.00 |
| Intangible assets | 0.00 |
| Property, plant and equipment | 0.00 |
| Total assets | 4.84B |
| Accounts payable | 249.02M |
| Short/Current long term debt | 168.85M |
| Total current liabilities | 202.73M |
| Total liabilities | 2.55B |
| Shareholder's equity | 2.29B |
| Net tangible assets | 2.27B |
Cash flow
Loading...
Please create a free account or log in to access this chart
Cash flow data
| Operating cash flow (TTM) | 351.03M |
| Capital expenditures (TTM) | 515.24M |
| Free cash flow (TTM) | -164.21M |
| Dividends paid (TTM) | 256.25M |
Financial returns
Loading...
Please create a free account or log in to access this chart
Financial returns data
| Return on Equity | 9.00% |
| Return on Assets | 3.47% |
| Return on Invested Capital | 3.94% |
| Cash Return on Invested Capital | -3.90% |
COMPANY DETAILS
Marketcap
10.85B
Marketcap category
Large-cap
Description
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. 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.
Employees
3111
Website
SEC filings
CEO
Country
USA
City
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
Extra Space Storage's (EXR) high brand value, strategic acquisitions, a solid third-party management platform and presence in key cities serve as growth drivers amid healthy industry fundamentals.
November 23, 2021
MALVERN, Pa., Nov. 19, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, announced t...
November 19, 2021
While Prologis (PLD) is poised to gain from its capacity to offer modern facilities in key locations and balance-sheet strength, the development boom is a concern.
November 19, 2021
National Storage Affiliates Trust's (NSA) latest dividend hike reflects the REIT's ability to generate decent cash flows from its high-quality portfolio and balance-sheet strength.
November 19, 2021
MALVERN, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today annou...
November 18, 2021
MALVERN, Pa., Nov. 16, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today annou...
November 17, 2021
MALVERN, Pa., Nov. 15, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today annou...
November 15, 2021
MALVERN, Pa., Nov. 15, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company”), today announced that it has entered into an agreement to acquire 100% of the outstanding partnership units of LA...
November 15, 2021
Participants on today's call include Chris Marr, President and Chief Executive Officer; and Tim Martin, Chief Financial Officer. The company's remarks will include certain forward-looking statements ...
November 6, 2021
MALVERN, Pa., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Today, CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, issued its inaugural 2020 Sustainab...
November 5, 2021
Next page