CubeSmart stock page - price, fundamentals, dividends - iOCharts

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

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Stock price data
Open54.60
Daily high54.75
Daily low53.37
Daily Volume700K
All-time high55.79
1y analyst estimate55.44
Beta0.37
EPS (TTM)0.84
Dividend per share1.36
Ex-div date30 Sep 2021
Next earnings date28 Oct 2021

Downside potential

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Downside potential data
CUBES&P500
Current price drop from All-time high-1.31%-0.06%
Highest price drop-93.97%-56.47%
Date of highest drop5 Mar 20099 Mar 2009
Avg drop from high-27.73%-11.41%
Avg time to new high25 days12 days
Max time to new high1984 days1805 days

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.36
Dividend yield2.53%
Payout frequencyQuarterly
Maximum yield6.33%
Average yield4.02%
Minimum yield2.44%
Discount to avg yield-58.92%
Upside potential-37.07%
Yield as % of max yield39.97%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.53%
Current yield distribution98.25%
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

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Dividend per share data
Years of growth11 years
CCC statusDividend Contender
Dividend per share1.36
Payout frequencyQuarterly
Ex-div date30 Sep 2021
EPS (TTM)0.84
EPS (1y forward)1.11
EPS growth (5y)46.10%
EPS growth (5y forward)6.00%

Dividend growth

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Dividend growth data
CUBES&P500
DGR MR3.03%7.68%
DGR TTM3.03%-2.66%
DGR 3 years6.21%5.82%
DGR 5 years14.03%6.23%
DGR 10 years29.53%9.64%
DGR 15 years-6.71%
Time since last change announced355 days
EPS growth (5y)46.10%
EPS growth (5y forward)6.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM154.72%-156.05%
Average--
Forward122.52%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E65.48
Price to OCF30.89
Price to FCF-
Price to EBITDA33.18
EV to EBITDA40.92

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales15.97
Price to Book4.75
EV to Sales19.69

FINANCIALS

Per share

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Per share data
Current share count201.77M
EPS (TTM)0.84
FCF per share (TTM)-0.83

Income statement

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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

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Margins data
Gross margin (TTM)67.07%
Operating margin (TTM)37.92%
Profit margin (TTM)24.39%

Balance Sheet

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Balance Sheet data
Cash20.33M
Net receivables0.00
Total current assets60.07M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets4.84B
Accounts payable249.02M
Short/Current long term debt168.85M
Total current liabilities202.73M
Total liabilities2.55B
Shareholder's equity2.29B
Net tangible assets2.27B

Cash flow

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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

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Financial returns data
Return on Equity9.00%
Return on Assets3.47%
Return on Invested Capital3.94%
Cash Return on Invested Capital-3.90%
COMPANY DETAILS
CUBE (CubeSmart) company logo
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
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
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
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