CubeSmart (CUBE)
Company Info
| ISIN | US2296631094 |
|---|---|
| CUSIP | 229663109 |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| IPO Date | Oct 22, 2004 |
Highlights
| Market Cap | $11.04B |
|---|---|
| EPS (TTM) | $1.75 |
| PE Ratio | 27.31 |
| PEG Ratio | 6.31 |
| Total Revenue (TTM) | $1.06B |
| Gross Profit (TTM) | $596.82M |
| EBITDA (TTM) | $692.99M |
| Year Range | $36.68 - $54.62 |
| Target Price | $52.23 |
| Short % | 2.24% |
| Short Ratio | 2.61 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CUBE vs. EXR, CUBE vs. PLD, CUBE vs. NSA, CUBE vs. COLD, CUBE vs. EGP, CUBE vs. VOO, CUBE vs. VICI, CUBE vs. MAIN, CUBE vs. AMT, CUBE vs. VTI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in CubeSmart, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
CubeSmart had a return of 8.37% year-to-date (YTD) and 31.58% in the last 12 months. Over the past 10 years, CubeSmart had an annualized return of 13.12%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.37% | 25.48% |
| 1 month | -2.62% | 2.14% |
| 6 months | 15.34% | 12.76% |
| 1 year | 31.58% | 33.14% |
| 5 years (annualized) | 13.88% | 13.96% |
| 10 years (annualized) | 13.12% | 11.39% |
Monthly Returns
The table below presents the monthly returns of CUBE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.75% | 0.90% | 4.87% | -10.57% | 4.62% | 6.76% | 6.54% | 8.93% | 3.86% | -10.28% | 8.37% | ||
| 2023 | 13.76% | 2.62% | -0.57% | -1.58% | -2.31% | 1.61% | -2.91% | -3.81% | -7.41% | -10.60% | 16.63% | 17.84% | 20.50% |
| 2022 | -10.84% | -4.99% | 8.80% | -8.69% | -6.27% | -3.10% | 7.37% | 0.39% | -12.05% | 4.52% | -1.15% | -1.58% | -26.31% |
| 2021 | 3.66% | 6.08% | 3.27% | 11.92% | 3.42% | 6.55% | 7.21% | 7.73% | -8.82% | 13.54% | -1.98% | 6.35% | 74.59% |
| 2020 | 0.60% | -4.42% | -10.41% | -5.93% | 12.94% | -3.99% | 9.93% | 6.57% | 3.24% | 5.01% | -4.13% | 4.37% | 11.67% |
| 2019 | 7.88% | -1.00% | 5.61% | -0.41% | 5.67% | 0.13% | 1.53% | 5.71% | -1.86% | -9.17% | -2.71% | 3.16% | 14.12% |
| 2018 | -4.81% | -2.62% | 6.31% | 4.40% | 3.60% | 6.62% | -5.77% | 0.63% | -5.61% | 1.58% | 7.45% | -6.84% | 3.42% |
| 2017 | -6.13% | 8.44% | -3.73% | -2.39% | -1.50% | -2.59% | 2.58% | -0.04% | 6.42% | 4.85% | 4.85% | 2.39% | 12.74% |
| 2016 | 2.19% | -4.44% | 12.08% | -11.08% | 7.53% | -2.35% | -3.79% | -7.34% | -0.24% | -4.37% | -5.45% | 9.74% | -9.80% |
| 2015 | 11.64% | -5.84% | 4.80% | -4.47% | 3.12% | -1.98% | 12.95% | -3.33% | 8.24% | 2.24% | 4.67% | 5.86% | 42.44% |
| 2014 | 3.39% | 6.25% | -1.24% | 8.39% | -1.94% | 1.16% | -0.60% | 2.14% | -2.64% | 17.07% | 2.33% | 3.19% | 42.56% |
| 2013 | 4.67% | -3.34% | 7.94% | 11.20% | -10.93% | 2.82% | 1.38% | 2.78% | 7.81% | 2.41% | -11.22% | -0.93% | 12.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CUBE is 80, placing it in the top 20% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for CubeSmart (CUBE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
CubeSmart provided a 4.19% dividend yield over the last twelve months, with an annual payout of $2.04 per share. The company has been increasing its dividends for 14 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.04 | $1.98 | $1.78 | $1.45 | $1.33 | $1.29 | $1.22 | $1.11 | $0.90 | $0.69 | $0.55 | $0.46 |
Dividend yield | 4.19% | 4.27% | 4.42% | 2.55% | 3.96% | 4.10% | 4.25% | 3.84% | 3.36% | 2.25% | 2.49% | 2.89% |
Monthly Dividends
The table displays the monthly dividend distributions for CubeSmart. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $1.53 | |
| 2023 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.51 | $1.98 |
| 2022 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.49 | $1.78 |
| 2021 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.43 | $1.45 |
| 2020 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.34 | $1.33 |
| 2019 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.33 | $1.29 |
| 2018 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.32 | $1.22 |
| 2017 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $1.11 |
| 2016 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.27 | $0.90 |
| 2015 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.69 |
| 2014 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.55 |
| 2013 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.46 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the CubeSmart. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the CubeSmart was 93.15%, occurring on Mar 5, 2009. Recovery took 1152 trading sessions.
The current CubeSmart drawdown is 9.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.15% | Feb 22, 2007 | 513 | Mar 5, 2009 | 1152 | Oct 1, 2013 | 1665 |
| -41.43% | Sep 5, 2019 | 138 | Mar 23, 2020 | 141 | Oct 12, 2020 | 279 |
| -36.93% | Jan 3, 2022 | 456 | Oct 25, 2023 | 208 | Aug 23, 2024 | 664 |
| -27.82% | Apr 1, 2016 | 321 | Jul 10, 2017 | 211 | May 10, 2018 | 532 |
| -26.89% | Feb 24, 2006 | 66 | May 30, 2006 | 83 | Sep 26, 2006 | 149 |
Volatility
Volatility Chart
The current CubeSmart volatility is 8.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of CubeSmart compared to its peers in the REIT - Industrial industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for CUBE in comparison to other companies of the REIT - Industrial industry. Currently, CUBE has a PE value of 27.3. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for CUBE in comparison to other companies of the REIT - Industrial industry. Currently, CUBE has a PEG value of 6.3. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for CubeSmart.
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Income Statement
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