CubeSmart CUBE

Morningstar Rating
$40.10 −1.10 (2.67%)
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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 42% premium.
Price
$41.20
Fair Value
$96.51
Uncertainty
Xycffw
1-Star Price
$42.89
5-Star Price
$98.52
Economic Moat
Pxprmnq
Capital Allocation
Yrhkqxtq

Trading Information

Previous Close Price
$41.20
Day Range
$39.9141.04
52-Week Range
$35.0943.63
Bid/Ask
$39.02 / $42.50
Shares Outstanding
226.41M
Market Cap
$9.08B
Volume/Avg
2M / 2M

Key Statistics

Price/Earnings (Normalized)
29.22
Price/Sales
8.47
Dividend Yield (Trailing)
5.04%
Dividend Yield (Forward)
5.09%
Total Yield
5.75%

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. Majority 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
Small Core
Total Number of Employees
3,121

Valuation

Metric
CUBE
Price/Earnings (Normalized)
29.22
Price/Book Value
3.58
Price/Sales
8.47
Price/Cash Flow
15.78
Price/Earnings
CUBE

Financial Strength

Metric
CUBE
Quick Ratio
0.05
Current Ratio
0.15
Interest Coverage
3.76
Quick Ratio
CUBE

Profitability

Metric
CUBE
Return on Assets (Normalized)
5.04%
Return on Equity (Normalized)
12.22%
Return on Invested Capital (Normalized)
6.84%
Return on Assets
CUBE

REIT - Industrial Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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RwrtplbyfCbvtp$139B
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StfbgbhdmyWkvmr$57B
Extra Space Storage Inc
EXR
YllqzthsMsbxq$32B
Segro PLC
SEGXF
Vhhdw$14B
EastGroup Properties Inc
EGP
Dcyzrxj$11B
Lineage Inc REIT
LINE
Jwyb$10B
CapitaLand Ascendas REIT Units
ACDSF
Zgtfk$10B
First Industrial Realty Trust Inc
FR
Zrbt$8B
Americold Realty Trust Inc
COLD
DkytrjrckVsf$4B

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