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CubeSmart (CUBE)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS2296631094
CUSIP229663109
SectorReal Estate
IndustryREIT—Industrial

Highlights

Market Cap$9.26B
EPS$1.81
PE Ratio22.52
PEG Ratio6.31
Revenue (TTM)$1.06B
Gross Profit (TTM)$741.94M
EBITDA (TTM)$700.74M
Year Range$32.45 - $47.27
Target Price$46.36
Short %3.07%
Short Ratio3.79

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.


CubeSmart

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.


300.00%350.00%400.00%450.00%500.00%NovemberDecember2024FebruaryMarchApril
429.14%
366.91%
CUBE (CubeSmart)
Benchmark (^GSPC)

S&P 500

Returns By Period

CubeSmart had a return of -10.01% year-to-date (YTD) and -5.09% in the last 12 months. Over the past 10 years, CubeSmart had an annualized return of 12.49%, outperforming the S&P 500 benchmark which had an annualized return of 10.55%.


PeriodReturnBenchmark
Year-To-Date-10.01%7.26%
1 month-8.80%-2.63%
6 months23.97%22.78%
1 year-5.09%22.71%
5 years (annualized)9.43%11.87%
10 years (annualized)12.49%10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-6.75%0.90%4.87%
2023-10.60%16.63%17.84%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of CUBE is 36, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of CUBE is 3636
CubeSmart(CUBE)
The Sharpe Ratio Rank of CUBE is 3939Sharpe Ratio Rank
The Sortino Ratio Rank of CUBE is 3232Sortino Ratio Rank
The Omega Ratio Rank of CUBE is 3232Omega Ratio Rank
The Calmar Ratio Rank of CUBE is 4040Calmar Ratio Rank
The Martin Ratio Rank of CUBE is 3939Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


CUBE
Sharpe ratio
The chart of Sharpe ratio for CUBE, currently valued at -0.20, compared to the broader market-2.00-1.000.001.002.003.004.00-0.20
Sortino ratio
The chart of Sortino ratio for CUBE, currently valued at -0.11, compared to the broader market-4.00-2.000.002.004.006.00-0.11
Omega ratio
The chart of Omega ratio for CUBE, currently valued at 0.99, compared to the broader market0.501.001.500.99
Calmar ratio
The chart of Calmar ratio for CUBE, currently valued at -0.13, compared to the broader market0.002.004.006.00-0.13
Martin ratio
The chart of Martin ratio for CUBE, currently valued at -0.44, compared to the broader market0.0010.0020.0030.00-0.44
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.04, compared to the broader market-2.00-1.000.001.002.003.004.002.04
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.96, compared to the broader market-4.00-2.000.002.004.006.002.96
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.35, compared to the broader market0.501.001.501.35
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.002.004.006.001.55
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.93, compared to the broader market0.0010.0020.0030.007.93

Sharpe Ratio

The current CubeSmart Sharpe ratio is -0.20. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of CubeSmart with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.20
2.04
CUBE (CubeSmart)
Benchmark (^GSPC)

Dividends

Dividend History

CubeSmart granted a 4.85% dividend yield in the last twelve months. The annual payout for that period amounted to $2.00 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.00$1.98$1.78$1.45$1.33$1.29$1.22$1.11$0.90$0.69$0.55$0.46

Dividend yield

4.85%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.51
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
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
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
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
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
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
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
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
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
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
2013$0.11$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.13

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%4.9%
CubeSmart has a dividend yield of 4.85%, which means its dividend payment is significantly above the market average.
Payout Ratio
20.0%40.0%60.0%80.0%100.0%120.0%89.7%
CubeSmart has a payout ratio of 89.69%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-20.10%
-2.63%
CUBE (CubeSmart)
Benchmark (^GSPC)

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 20.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.15%Feb 22, 2007513Mar 5, 20091152Oct 1, 20131665
-41.43%Sep 5, 2019138Mar 23, 2020141Oct 12, 2020279
-36.93%Jan 3, 2022456Oct 25, 2023
-27.82%Apr 1, 2016321Jul 10, 2017211May 10, 2018532
-26.89%Feb 24, 200666May 30, 200683Sep 26, 2006149

Volatility

Volatility Chart

The current CubeSmart volatility is 7.66%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2024FebruaryMarchApril
7.66%
3.67%
CUBE (CubeSmart)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of CubeSmart over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

0.00

Cost Of Revenue

0.00

Gross Profit

0.00
Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items