Stock FAQs

why is cube stock down today

by Miguel Pfeffer IV Published 3 years ago Updated 2 years ago
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Who sold cube stock in the last quarter?

CUBE stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Echo Street Capital Management LLC, JPMorgan Chase & Co., BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Brookfield Asset Management Inc. and Amundi Pioneer Asset Management Inc..

Is CubeSmart (Cube) a good stock to buy?

The company was founded in July 2004 and is headquartered in Malvern, PA. CubeSmart has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

Where can you buy cube shares?

Shares of CUBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is the downside for CubeSmart's price?

According to analysts' consensus price target of $51.00, CubeSmart has a forecasted downside of 3.7% from its current price of $52.96. CubeSmart has only been the subject of 4 research reports in the past 90 days.

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Is CubeSmart stock a good buy?

As of June 24, 2022, CubeSmart had a $9.4 billion market capitalization, compared to the REITs - Specialized median of $1450.8 billion, CubeSmart's stock is down 23.5% in 2022, up 8.9% in the previous five trading days and down 7.2% in the past year. Currently, CubeSmart's price-earnings ratio is 41.4.

Is Cube a REIT?

CubeSmart is a self-administered and self-managed REIT that owns or manages over 1,200 self-storage facilities across the U.S. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage facilities in the U.S. The company's mission is to simplify the organizational ...

Is CubeSmart publicly traded?

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 announced that it has commenced an underwritten public offering of 13,500,000 of its common shares of beneficial interest, par value $0.01 per ...

Who is the CEO of CubeSmart?

Christopher P Marr (Jan 1, 2014–)CubeSmart / CEO

Is CubeSmart a franchise?

CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States.

Who owns CubeSmart storage?

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,256 self-storage properties across the United States....Company Contact:Dallas StorageNew York City StorageMiami StorageSan Bernardino StorageBoston StorageDenver StorageD.C. StorageTuscon Storage4 more rows•Oct 27, 2020

How long has CubeSmart been around?

The company was founded in July 2004 as U-Store-It Trust. In October 2004, the company became a public company via an initial public offering.

Where is CubeSmart headquarters?

Boynton Beach, FLCubeSmart / HeadquartersBoynton Beach is a city in Palm Beach County, Florida, United States. The population was 68,217 at the 2010 census. In 2019, the city had an estimated population of 78,679 according to the University of Florida, Bureau of Economic and Business Research. Wikipedia

Should I buy or sell CubeSmart stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CubeSmart in the last twelve months. There are currently...

What is CubeSmart's stock price forecast for 2022?

5 analysts have issued 1 year price objectives for CubeSmart's stock. Their forecasts range from $48.00 to $58.00. On average, they expect CubeSmar...

How has CubeSmart's stock price performed in 2022?

CubeSmart's stock was trading at $56.91 at the start of the year. Since then, CUBE shares have decreased by 27.3% and is now trading at $41.40. Vi...

Are investors shorting CubeSmart?

CubeSmart saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,430,000 shares, an incr...

When is CubeSmart's next earnings date?

CubeSmart is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for CubeSmart .

How were CubeSmart's earnings last quarter?

CubeSmart (NYSE:CUBE) released its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.17 earnings per share fo...

How often does CubeSmart pay dividends? What is the dividend yield for CubeSmart?

CubeSmart declared a quarterly dividend on Tuesday, May 17th. Stockholders of record on Friday, July 1st will be given a dividend of $0.43 per shar...

Is CubeSmart a good dividend stock?

CubeSmart(NYSE:CUBE) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.15%. CUBE has a dividend yield higher than...

What guidance has CubeSmart issued on next quarter's earnings?

CubeSmart issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $2.37-$2.42 for the period. T...

Is CubeSmart stock a Buy, Sell or Hold?

CubeSmart stock hasn't recieved a clear consensus rating. The average rating score is and is based on 4 buy ratings, 4 hold ratings, and 1 sell rat...

What was the 52-week low for CubeSmart stock?

The low in the last 52 weeks of CubeSmart stock was 40.32. According to the current price, CubeSmart is 109.80% away from the 52-week low.

What was the 52-week high for CubeSmart stock?

The high in the last 52 weeks of CubeSmart stock was 57.34. According to the current price, CubeSmart is 77.21% away from the 52-week high.

What are analysts forecasts for CubeSmart stock?

The 9 analysts offering price forecasts for CubeSmart have a median target of 45.33, with a high estimate of 60.00 and a low estimate of 29.00. The...

CubeSmart, L.P. -- Moody's announces completion of a periodic review of ratings of CubeSmart, L.P

CubeSmart (CUBE) Dips More Than Broader Markets: What You Should Know

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CubeSmart, L.P.Global Credit Research - 15 Feb 2022New York, February 15, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CubeSmart, L.P.

CubeSmart (CUBE) Gains But Lags Market: What You Should Know

CubeSmart (CUBE) closed the most recent trading day at $49.79, moving -1.56% from the previous trading session.

When will CubeSmart release its second quarter earnings?

In the latest trading session, CubeSmart (CUBE) closed at $50.98, marking a +0.04% move from the previous day.

How many self storage properties does CubeSmart own?

CubeSmart Announces the Date of Its Second Quarter 2021 Earnings Release and Conference Call. MALVERN, Pa., July 01, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2021 after the market close on Thursday, July 29, 2021.

How to contact CubeSmart?

About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,262 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.

Did the company acquire any stores in 2021?

For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717. Company Contact:CubeSmartJosh SchutzerVice President, Finance610-535-5700. Simply Wall St. • 2 months ago.

What is CubeSmart real estate?

Investment Activity Acquisition Activity The Company did not acquire any wholly-owned stores during the first quarter of 2021. Subsequent to March 31, 2021, the Company contributed $3.4 million to acquire a 50% interest in a store located in Minnesota.

Who owns self storage in 2020?

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 ...

Component Grades

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.

CUBE POWR Grades

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.

CUBE Stock Summary

Momentum is the dimension where CUBE ranks best; there it ranks ahead of 85.74% of US stocks.

CUBE Valuation Summary

Of note is the ratio of CubeSmart's sales and general administrative expense to its total operating expenses; just 7.49% of US stocks have a lower such ratio.

CUBE's Quality Factors

CUBE's price/sales ratio is 14.9; this is 776.47% higher than that of the median Real Estate stock.

Latest CUBE News From Around the Web

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

Continue Researching CUBE

Below are the latest news stories about CubeSmart that investors may wish to consider to help them evaluate CUBE as an investment opportunity.

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