CubeSmart CUBE

Morningstar Rating
$51.16 −0.91 (1.75%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CUBE is trading at a 197% premium.
Price
$51.28
Fair Value
$43.19
Uncertainty
Medium
1-Star Price
$43.32
5-Star Price
$19.83
Economic Moat
Nlgbl
Capital Allocation
Sgsdhdbx

News

Trading Information

Previous Close Price
$52.07
Day Range
$50.7151.85
52-Week Range
$33.1855.14
Bid/Ask
$50.90 / $51.37
Market Cap
$11.52 Bil
Volume/Avg
2.1 Mil / 1.3 Mil

Key Statistics

Price/Earnings (Normalized)
29.13
Price/Sales
10.92
Dividend Yield (Trailing)
3.99%
Dividend Yield (Forward)
3.99%
Total Yield
3.99%

Company Profile

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. Most 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.
Sector
Real Estate
Industry
REIT - Industrial
Stock Style Box
Mid Core
Total Number of Employees
3,040

Comparables

Valuation

Metric
CUBE
VNO
PDM
Price/Earnings (Normalized)
29.13439.49
Price/Book Value
4.161.690.73
Price/Sales
10.924.242.09
Price/Cash Flow
18.6612.635.93
Price/Earnings
CUBE
VNO
PDM

Financial Strength

Metric
CUBE
VNO
PDM
Quick Ratio
0.121.701.38
Current Ratio
0.291.951.42
Interest Coverage
5.430.930.28
Quick Ratio
CUBE
VNO
PDM

Profitability

Metric
CUBE
VNO
PDM
Return on Assets (Normalized)
6.65%< 0.01%−0.35%
Return on Equity (Normalized)
14.82%< 0.01%−0.83%
Return on Invested Capital (Normalized)
8.30%1.50%2.64%
Return on Assets
CUBE
VNO
PDM

REIT - Industrial Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Prologis Inc
PLD
CyqgsljkSkzhv$113.4 Bil
Public Storage
PSA
JjwgycxnBkyb$60.5 Bil
Extra Space Storage Inc
EXR
BhcsfwjwryWwq$35.9 Bil
Lineage Inc REIT
LINE
Fmsj$17.5 Bil
Segro PLC
SEGXF
Cvjj$14.9 Bil
Rexford Industrial Realty Inc
REXR
Xmd$10.6 Bil
CapitaLand Ascendas REIT Units
ACDSF
Lmhc$9.7 Bil
EastGroup Properties Inc
EGP
Rmw$8.8 Bil
Americold Realty Trust Inc
COLD
ZwjphwkbcQgm$7.8 Bil

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