CubeSmart stock page - price, fundamentals, dividends - iOCharts

Ticker
CUBE

Price
43.24
Stock movement up
+1.17 (2.78%)
Company name
CubeSmart
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT-Industrial
Market cap
9.70B
Ent value
13.22B
Price/Sales
11.13
Price/Book
3.30
Div yield
3.98%
Div growth
10.01%
Growth years
11
FCF payout
135.49%
Trailing P/E
44.13
Forward P/E
32.51
PEG
7.36
EPS growth
46.10%
1 year return
2.83%
3 year return
9.57%
5 year return
11.82%
10 year return
13.45%
Last updated: 2022-05-13

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.72
Dividend yield3.98%
Payout frequencyQuarterly
Maximum yield6.33%
Average yield3.97%
Minimum yield2.48%
Discount to avg yield0.16%
Upside potential0.16%
Yield as % of max yield62.83%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.98%
Current yield distribution56.35%
Yield at 100% (Min)2.48%
Yield at 90%3.18%
Yield at 80%3.50%
Yield at 50% (Median)4.06%
Yield at 20%4.40%
Yield at 10%4.59%
Yield at 0% (Max)6.33%

Dividend per share

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Dividend per share data
Years of growth11 years
CCC statusDividend Contender
Dividend per share1.72
Payout frequencyQuarterly
Ex-div date31 Mar 2022
EPS (TTM)1.08
EPS (1y forward)1.33
EPS growth (5y)46.10%
EPS growth (5y forward)6.00%

Dividend growth

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Dividend growth data
CUBES&P500
DGR MR26.47%-16.52%
DGR TTM14.93%4.37%
DGR 3 years5.93%3.88%
DGR 5 years10.01%4.73%
DGR 10 years17.87%8.30%
DGR 15 years1.50%5.82%
Time since last change announced196 days
EPS growth (5y)46.10%
EPS growth (5y forward)6.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM137.82%135.49%
Average--
Forward129.32%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E44.13
Price to OCF20.15
Price to FCF43.38
Price to EBITDA17.18
EV to EBITDA23.41

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales11.13
Price to Book3.30
EV to Sales15.15

FINANCIALS

Per share

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Per share data
Current share count224.44M
EPS (TTM)1.08
FCF per share (TTM)1.10

Income statement

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Income statement data
Revenue (TTM)872.29M
Gross profit (TTM)681.41M
Operating income (TTM)298.63M
Net income (TTM)219.91M
EPS (TTM)1.08
EPS (1y forward)1.33

Margins

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Margins data
Gross margin (TTM)78.12%
Operating margin (TTM)34.24%
Profit margin (TTM)25.21%

Balance Sheet

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Balance Sheet data
Cash7.89M
Net receivables22.47M
Total current assets43.65M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets6.46B
Accounts payable197.69M
Short/Current long term debt3.19B
Total current liabilities481.00M
Total liabilities3.52B
Shareholder's equity2.94B
Net tangible assets2.92B

Cash flow

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Cash flow data
Operating cash flow (TTM)481.74M
Capital expenditures (TTM)258.05M
Free cash flow (TTM)223.69M
Dividends paid (TTM)303.08M

Financial returns

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Financial returns data
Return on Equity7.48%
Return on Assets3.40%
Return on Invested Capital3.63%
Cash Return on Invested Capital3.69%

STOCK INFORMATION

Stock chart

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Stock price data
Open42.40
Daily high43.29
Daily low42.13
Daily Volume1.35M
All-time high57.02
1y analyst estimate58.22
Beta0.46
EPS (TTM)1.08
Dividend per share1.72
Ex-div date31 Mar 2022
Next earnings date27 Jul 2022

Downside potential

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Downside potential data
CUBES&P500
Current price drop from All-time high-24.17%-15.91%
Highest price drop-93.97%-56.47%
Date of highest drop5 Mar 20099 Mar 2009
Avg drop from high-27.25%-11.33%
Avg time to new high24 days12 days
Max time to new high1984 days1805 days
COMPANY DETAILS
CUBE (CubeSmart) company logo
Marketcap
9.70B
Marketcap category
Mid-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
2892
Investor relations
SEC filings
CEO
Country
USA
City
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
It might be of some concern to shareholders to see the CubeSmart ( NYSE:CUBE ) share price down 22% in the last month...
May 10, 2022
CubeSmart (CUBE) delivered FFO and revenue surprises of 1.75% and 0.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
April 28, 2022
MALVERN, Pa., April 28, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2022. “The year got off to a strong start in the firs...
April 28, 2022
In this piece, we will take a look at the ten finance and investment stocks to buy today according to Israel Englander’s Millennium Management. If you want to jump ahead to the top five stocks in this...
April 26, 2022
CubeSmart joins fellow REIT stocks among the new buys by top funds as it enters the ranks of the top dividend stocks and nears a breakout.
April 13, 2022
The long stretch of historically low interest rates may have benefited real estate more than any other sector. Cheap debt has a direct impact on cash flow, which means more capital to grow and more ca...
April 13, 2022
MALVERN, Pa., April 12, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2022 after the market...
April 12, 2022
Crown Castle International (CCI): A wireless infrastructure provider in perfect position for 5G build out. CubeSmart (CUBE): A smaller self-storage player that has plenty of growth potential in this k...
April 12, 2022
Raytheon Technologies and Shell are just below buy points, headlining five stocks from strong sectors.
April 9, 2022
In the latest trading session, CubeSmart (CUBE) closed at $52.38, marking a -0.19% move from the previous day.
April 5, 2022
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