CubeSmart CUBE

Growth Flags show if company had growth for consecutive years

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells 7.29
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 1 1
Insider Ownership 1.58%

Capital & Financial Ratios

Market Cap 8,980.00
Revenue 1,136.19
Net Income 332.35
Free Cash Flow 508.04
Net Debt 3,459.43
Current Ratio 0.07
Debt/Equity 1.34
P/E ratio 27.21
P/S ratio 7.93
P/B ratio 3.47
Past 5Y EPS Growth 14.30%
This Y EPS Growth 6.20%
Next Y EPS Growth 1.30%
Next 5Y EPS Growth 2.91%
in millions of $

Dividends

Payout Ratio 1.10
Annual Dividend Rate 1.96
Annual Dividend Yield 4.48%
total individual payouts
2028 ‡‡‡‡‡
2027 ‡‡‡‡‡
2026 2.12
2025 2.08
2024 1.53
2023 1.98
2022 1.78
2021 1.45
2020 1.33
2019 1.29
2018 1.22
2017 1.11
2016 0.90
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8.22 77.66 10.23 16.58
Receivables
Inventory
Other
8.22 77.66 10.23 16.58
2023 2024 2025 Q'26
Payables 201.42 229.58 229.67 241.82
ST’ Debt
Other
201.42 229.58 229.67 241.82
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 281.93 286.49
’25 273.04 282.30 285.08 282.69 1,123.11
’24 261.41 266.21 270.89 267.73 1,066.23
’23 256.53 260.81 267.88 265.13 1,050.33
’22 238.57 248.66 261.41 260.99 1,009.62
’21 188.84 199.25 212.56 221.91 822.56
’20 164.08 163.80 172.51 178.79 679.18
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 148.84 144.34
’25 146.32 157.48 168.22 136.49 608.51
’24 150.15 170.86 145.40 164.67 631.07
’23 136.71 162.38 169.76 142.30 611.14
’22 130.74 153.57 162.19 144.97 591.47
’21 98.18 119.18 125.58 106.25 449.19
’20 80.95 107.57 79.32 83.20 351.03
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 138.44 135.21
’25 136.95 142.70 154.02 80.38 514.05
’24 120.35 159.45 132.88 132.42 545.10
’23 125.56 148.25 163.39 111.89 549.09
’22 83.22 114.93 131.85 131.23 461.23
’21 90.29 77.05 82.22 13.47 263.03
’20 59.94 24.99 57.97 (259.71) (116.81)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 0.36 0.39
’25 0.39 0.36 0.36 0.34 1.46
’24 0.42 0.41 0.44 0.45 1.72
’23 0.43 0.43 0.45 0.50 1.82
’22 0.17 0.26 0.50 0.36 1.29
’21 0.21 0.24 0.43 0.21 1.09
’20 0.20 0.20 0.24 0.22 0.85

Target Price Range

High ‡‡‡‡‡ ‡‡‡‡
Average ‡‡‡‡‡ ‡‡‡‡
Low ‡‡‡‡‡ ‡‡‡‡

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
Powerpack only forecast
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 36.82 33.17 39.80 34.24
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 57.23 48.93 55.14 44.13
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2,804 3,040 3,104 3,121
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.36 0.35 0.34 0.36
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,009.62 1,050.33 1,066.23 1,123.11 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 70.95% 71.93% 70.20% 68.71%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 292.47 412.44 391.88 331.32
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 28.97% 39.27% 36.75% 29.50% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 292.47 412.44 391.89 331.32 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 314.51 205.38 209.77 263.12
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.49 4.66 4.71 4.91 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ 1.29 1.82 1.73 1.46 ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.63 2.71 2.79 2.66 ‡‡‡‡
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.58) (0.28) (0.38) (0.41) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.05 2.44 2.41 2.25
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.63 12.51 12.82 12.01 ‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 224.93 225.42 226.35 228.73 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 30.50 26.24 24.63 24.86 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.76 10.25 9.10 7.34 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.12 3.82 3.34 3.00 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 11.76 13.03 11.82 10.36 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 25.74 24.92 23.13 22.64
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 591.47 611.14 631.07 608.51 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (130.24) (62.04) (85.98) (94.47) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 461.23 549.09 545.10 514.05
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (205.46) (193.20) (151.92) (219.43)
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3,031.17 2,922.78 2,986.55 3,402.76
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3,022.24 2,914.56 2,908.88 3,392.53
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2,840.38 2,820.53 2,902.68 2,745.91
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.52% 6.55% 6.20% 5.12%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.74% 5.42% 5.20% 4.57%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.17% 14.51% 13.67% 11.82%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

CubeSmart, a resilient self-storage REIT, has delivered steady growth with revenue surging 109% from $510 million in 2016 to $1.066 billion in 2024 at a 9.5% CAGR, fueled by operational efficiency, doubled revenue per employee, and gross margins holding near 70%. Free cash flow per share rebounded strongly to $2.41, supporting dividends and acquisitions without excessive dilution, while ROE climbed to 13.7% on a solid balance sheet with manageable net debt of $2.91 billion. This underscores the sector’s enduring appeal amid urbanization and e-commerce demands, positioning CubeSmart as a defensive steady performer.

However, caution flags emerge: profitability peaked in 2023 before moderating, with EPS forecasts plateauing around $1.46-$1.49 through 2027 and revenue growth decelerating to 2-5% annually, hinting at market saturation. Insider selling totaling $2.5 million over the past year—with no buys—signals executives locking in gains, syncing with softer outlooks amid potential Sunbelt oversupply and recession risks.

Trading at compressed multiples (P/E 24.6x, EV/Sales 11.8x), the stock offers modest 3% average analyst upside but up to 23% potential on dips if rates ease and same-store NOI holds. While not a high-flyer, CubeSmart’s fortress-like FCF and acquisition savvy make it a prudent hold for income-focused portfolios—yet monitor EPS trends and insider moves for downside protection.

CubeSmart (CUBE) Latest News

News by impact score

Fine-tune

7 Aug

3 transcript www.fool.com, 9:43 PM

CubeSmart held Q2 2026 earnings call covering financial results, operations, and outlook. Quarterly earnings call supplies performance data and guidance that moderately shapes near-term investor sentiment.

31 Jul

3 transcript , 7:00 PM

CubeSmart reports Q2 2026 earnings with accelerating revenue growth offset by rising expenses. Mixed revenue growth and expense trends point to noticeable but not transformative effects on CubeSmart's financial trajectory.

3 transcript www.marketbeat.com, 2:04 PM

CubeSmart Q2 earnings call highlighted revenue growth, occupancy trends, expansion initiatives and market conditions affecting self-storage operations. Q2 earnings data and guidance offer moderate insight into operational trends likely to influence near-term stock sentiment.

3 transcript app.moby.co, 8:30 AM

CubeSmart held its Q2 2026 earnings call, presenting financial results, operational metrics, and forward outlook for its self-storage portfolio. Quarterly earnings calls provide updates on financials and guidance that can moderately shift near-term sentiment without altering long-term trajectory.

30 Jul

3 , 6:00 PM

CubeSmart (CUBE) reported Q2 FFO that missed analyst estimates. CubeSmart's Q2 FFO miss is likely to pressure near-term stock performance and sentiment.

3 , 4:15 PM

CubeSmart reported second quarter 2026 results. Quarterly results detail financial performance that influences near-term investor sentiment and valuation.

10 Jul

3 , 9:47 AM

Barclays upgraded CubeSmart and downgraded Public Storage based on relative valuation. Analyst upgrade may lift short-term investor sentiment and share price for CubeSmart.

9 May

3 Simply Wall St., 8:10 AM

CubeSmart reaffirms 2026 guidance and announces buybacks despite margin pressure, questioning if this alters its investment narrative. Reaffirmed guidance maintains stability while buybacks signal confidence amid margin challenges, moderately influencing financial performance and sentiment.

4 May

4 transcript www.fool.com, 11:57 AM

CubeSmart (CUBE) released its Q2 2025 earnings call transcript, detailing quarterly financial results, operational highlights, management discussion, and future outlook. Q2 2025 earnings transcript reveals financial performance and guidance directly impacting stock valuation and investor expectations.

2 May

4 GuruFocus.com, 3:04 AM

CubeSmart's Q1 2026 earnings call highlighted a strong surge in net rentals despite rising expenses. Strong net rental growth indicates robust demand driving significant positive impact on financial performance and investor sentiment.

1 May

4 app.moby.co, 8:30 AM

CubeSmart released Q1 2026 earnings call summary detailing financial performance, operational updates, and forward guidance. Q1 2026 earnings summary discloses key financial metrics and outlook that significantly shape CubeSmart's stock trajectory and investor confidence.

3 Simply Wall St., 7:23 AM

Analysts are reworking valuation targets for CubeSmart (CUBE), shifting the company's investment story amid changing market dynamics. Analyst valuation target revisions signal moderate shifts in growth expectations, influencing financial performance and investor sentiment.

30 Apr

4 Zacks, 6:25 PM

CubeSmart (CUBE) beat Q1 FFO and revenue estimates. Beating Q1 FFO and revenue estimates indicates strong financial performance, likely boosting investor sentiment and stock trajectory.

4 GlobeNewswire, 4:15 PM

CubeSmart reported first quarter 2026 results, highlighting key financial metrics and operational performance for the self-storage REIT. Quarterly earnings releases like Q1 2026 results significantly impact CubeSmart's stock price, investor sentiment, and future performance projections.

1 Apr

4 Simply Wall St., 9:14 PM

CubeSmart (CUBE) narrative shifts as analysts reset price targets upward and company raises full-year guidance amid strong demand and operational momentum. Reset guidance and elevated price targets indicate significant positive momentum for CubeSmart's valuation and stock trajectory.

20 Mar

3 Insider Monkey, 7:45 AM

Continued decline in home sales negatively impacted CubeSmart (CUBE) performance in Q4, reducing demand for self-storage amid fewer relocations. Declining home sales reduce self-storage demand, moderately affecting CubeSmart's financial performance and market sentiment.

17 Mar

4 www.fastcompany.com, 12:51 PM

CubeSmart, America's largest public storage company, is set to expand further through a major acquisition or growth initiative, solidifying its dominant position in the self-storage sector. Major expansion strengthens CubeSmart's market dominance and boosts long-term growth prospects.

16 Mar

5 Associated Press Finance, 9:55 AM

A $10.5 billion deal positions CubeSmart to merge and form the largest self-storage REIT in the U.S., expanding its portfolio significantly. $10.5 billion merger catapults CubeSmart to top U.S. self-storage position, redefining its scale, dominance, and growth trajectory.

4 Mar

3 Insider Monkey, 8:30 PM

RBC Capital raised its price target on CubeSmart (CUBE), citing strong recovery potential in the self-storage sector. RBC Capital's price target increase highlights self-storage recovery, moderately boosting investor sentiment and stock performance.

3 Mar

4 Simply Wall St., 1:23 PM

CubeSmart (CUBE) valuation appears favorable amid ongoing dividend growth and a new venture with CBRE, both signaling strong rebound ambitions in the self-storage sector. Dividend growth and CBRE venture constitute major strategic initiatives likely to enhance valuation, investor sentiment, and rebound trajectory.

4 Simply Wall St., 9:09 AM

Evolving storage market outlook is shaping CubeSmart (CUBE) investment narrative, highlighting shifts in self-storage demand, operational trends, and competitive positioning amid economic changes. Evolving storage outlook represents major shifts in market dynamics that could significantly alter CubeSmart's trajectory and investor sentiment.

27 Feb

4 transcript www.fool.com, 12:46 PM

CubeSmart (CUBE) released Q4 2025 earnings call transcript detailing quarterly financial results, operational performance, strategic initiatives, and forward-looking guidance for the self-storage REIT. Earnings call transcripts reveal core financial metrics, growth strategies, and outlook that drive substantial shifts in market valuation and investor confidence.

4 app.moby.co, 8:30 AM

CubeSmart's Q4 2025 earnings call summarized strong financial performance, revenue growth, occupancy rates, FFO metrics, dividend declarations, and optimistic 2026 guidance amid self-storage market expansion. Q4 earnings call summary reveals significant financial results and strategic outlook likely to shape CubeSmart's market performance and investor confidence.

3 www.marketbeat.com, 10:08 PM

CubeSmart's Q4 earnings call highlights key financial metrics, operational performance, occupancy rates, revenue growth, and future guidance for the self-storage REIT. Q4 earnings highlights detail financial results and outlook with moderate influence on stock performance and investor sentiment.

3 GuruFocus.com, 6:01 PM

CubeSmart (CUBE) Q4 2025 earnings call highlights navigating operational challenges while seizing growth opportunities in self-storage sector. Earnings highlights balance challenges and growth prospects for moderately noticeable influence on financial performance and market trajectory.

26 Feb

4 Zacks, 6:30 PM

Key metrics from CubeSmart (CUBE) Q4 earnings reveal performance insights, highlighting financial health, occupancy rates, revenue growth, and profitability trends for investors. Q4 earnings metrics signal major shifts in CubeSmart's financial trajectory and market valuation.

4 Associated Press Finance, 5:23 PM

CubeSmart (CUBE) released Q4 earnings snapshot highlighting key financial metrics and performance for the quarter. Q4 earnings snapshots provide critical financial data influencing stock valuation and investor confidence.

4 GlobeNewswire, 4:15 PM

CubeSmart reported fourth quarter and full-year 2025 financial results. Quarterly and annual earnings disclosures significantly affect financial performance metrics and investor sentiment.

3 Zacks, 6:45 PM

CubeSmart (CUBE) missed Q4 FFO estimates. Missing Q4 FFO estimates highlights weaker financial results, potentially impacting short-term stock performance and investor sentiment.

24 Feb

3 ZacksZacksZacksZacks, 9:15 AM

CubeSmart (CUBE) Q4 earnings preview spotlights essential factors beyond headline estimates, including operational metrics, guidance outlook, and market dynamics influencing self-storage REIT performance. Earnings preview shapes investor expectations on financial results and guidance without delivering transformative changes.