Ticker
CUBE

Price
41.82
Stock movement up
+0.42 (1.01%)
Company name
CubeSmart
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT-Industrial
Market cap
9.39B
Ent value
12.90B
Price/Sales
10.76
Price/Book
3.19
Div yield
4.11%
Div growth
10.01%
Growth years
11
FCF payout
135.49%
Trailing P/E
42.68
Forward P/E
34.00
PEG
7.11
EPS growth
46.10%
1 year return
-23.66%
3 year return
10.94%
5 year return
7.94%
10 year return
11.79%
Last updated: 2022-12-05

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.72
Dividend yield4.11%
Payout frequencyQuarterly
Maximum yield6.33%
Average yield3.93%
Minimum yield2.48%
Discount to avg yield4.36%
Upside potential4.56%
Yield as % of max yield64.97%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.11%
Current yield distribution39.84%
Yield at 100% (Min)2.48%
Yield at 90%3.18%
Yield at 80%3.47%
Yield at 50% (Median)4.00%
Yield at 20%4.32%
Yield at 10%4.54%
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 date30 Sep 2022
EPS (TTM)1.08
EPS (1y forward)1.23
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%1.24%
DGR TTM26.47%9.08%
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 announced400 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--
Forward139.84%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E42.68
Price to OCF19.48
Price to FCF41.96
Price to EBITDA16.62
EV to EBITDA22.84

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales10.76
Price to Book3.19
EV to Sales14.79

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)1.23

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
Open41.04
Daily high41.99
Daily low40.82
Daily Volume2.18M
All-time high57.02
1y analyst estimate51.22
Beta0.51
EPS (TTM)1.08
Dividend per share1.72
Ex-div date30 Sep 2022
Next earnings date22 Feb 2023

Downside potential

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Downside potential data
CUBES&P500
Current price drop from All-time high-26.66%-14.82%
Highest price drop-93.97%-56.47%
Date of highest drop5 Mar 20099 Mar 2009
Avg drop from high-27.18%-11.46%
Avg time to new high25 days13 days
Max time to new high1984 days1805 days
COMPANY DETAILS
CUBE (CubeSmart) company logo
Marketcap
9.39B
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
PINE vs. CUBE: Which Stock Is the Better Value Option?
December 5, 2022
EV chip play Allegro Microsystems and CubeSmart will join the S&P MidCap 400, along with some S&P 600 moves. ALGM stock is set to break out.
December 5, 2022
S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 19 to coincide with the ...
December 3, 2022
APLE vs. CUBE: Which Stock Is the Better Value Option?
November 15, 2022
After the large sell-off of real estate investment trust (REIT) stocks in 2022, now could be one of the best times to buy REITs since the pandemic crash of 2020. REIT prices are down and yields are up...
November 11, 2022
CubeSmart ( NYSE:CUBE ) Third Quarter 2022 Results Key Financial Results Revenue: US$262.3m (up 23% from 3Q 2021...
November 8, 2022
CubeSmart (CUBE) delivered FFO and revenue surprises of 1.54% and 2.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
October 27, 2022
MALVERN, Pa., Oct. 27, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2022. “We continue to see solid demand ac...
October 27, 2022
RTL vs. CUBE: Which Stock Is the Better Value Option?
October 24, 2022
As of Oct. 1, these are the leading Wall Street analysts’ opinions on the real estate investment trusts (REITs) they follow: Terreno Realty Corp. (NYSE: TRNO) is downgraded by Scotiabank’s Sumit Sharm...
October 18, 2022
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