CubeSmart/$CUBE

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About CubeSmart

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

Ticker

$CUBE

Primary listing

NYSE

Industry

Specialized REITs

Employees

3,104

ISIN

US2296631094

CubeSmart Metrics

BasicAdvanced
$9.7B
25.08
$1.69
1.02
$2.06
4.91%

What the Analysts think about CubeSmart

Analyst ratings (Buy, Hold, Sell) for CubeSmart stock.

Bulls say / Bears say

CubeSmart's strategic focus on the New York City market, which accounts for approximately 23% of its net operating income, positions it to benefit from diminishing supply constraints and potential rent growth in the region. (Investing.com)
The company's third-party management (3PM) business is regarded as one of the best in the sector, providing a steady income stream and potential acquisition opportunities. (Investing.com)
CubeSmart's strong financial position, with a leverage profile better than its current credit ratings and target leverage, offers significant capacity for acquisitions when market volumes increase. (Investing.com)
The self-storage industry is experiencing market saturation in certain areas, which could limit CubeSmart's growth opportunities and exert pressure on rental rates. (Investing.com)
Recent softness in the housing market has led to decreased demand for temporary storage solutions, potentially increasing customer vacates and affecting occupancy rates and pricing power. (Investing.com)
Intense price competition within the self-storage industry remains a concern, with street rate data showing moderate year-over-year improvements but remaining negative, indicating ongoing pricing pressures. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Jun 2025.

CubeSmart Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

CubeSmart Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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