(CUBE) CubeSmart - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2296631094

Stock: Storage Space, Real Estate, Management

Total Rating 21
Risk 30
Buy Signal -1.05
Risk 5d forecast
Volatility 23.4%
Relative Tail Risk -3.54%
Reward TTM
Sharpe Ratio -0.15
Alpha -12.28
Character TTM
Beta 0.424
Beta Downside 0.534
Drawdowns 3y
Max DD 31.95%
CAGR/Max DD -0.03

EPS (Earnings per Share)

EPS (Earnings per Share) of CUBE over the last years for every Quarter: "2021-03": 0.21, "2021-06": 0.24, "2021-09": 0.43, "2021-12": 0.29, "2022-03": 0.17, "2022-06": 0.26, "2022-09": 0.5, "2022-12": 0.36, "2023-03": 0.43, "2023-06": 0.43, "2023-09": 0.45, "2023-12": 0.5, "2024-03": 0.42, "2024-06": 0.41, "2024-09": 0.44, "2024-12": 0.45, "2025-03": 0.39, "2025-06": 0.36, "2025-09": 0.36, "2025-12": 0.34,

Revenue

Revenue of CUBE over the last years for every Quarter: 2021-03: 189.284, 2021-06: 199.696, 2021-09: 213.38, 2021-12: 222.579, 2022-03: 238.859, 2022-06: 249.344, 2022-09: 262.261, 2022-12: 262.332, 2023-03: 257.366, 2023-06: 261.595, 2023-09: 267.876, 2023-12: 266.728, 2024-03: 261.406, 2024-06: 266.209, 2024-09: 270.89, 2024-12: 267.726, 2025-03: 273.036, 2025-06: 282.303, 2025-09: 285.08, 2025-12: 282.691,

Description: CUBE CubeSmart March 05, 2026

CubeSmart (CUBE) is a self-administered and self-managed Real Estate Investment Trust (REIT) specializing in self-storage properties. REITs are companies that own, operate, or finance income-producing real estate.

The company owns or manages 1,514 self-storage properties across the U.S., positioning it as one of the top three owners and operators in the sector. Self-storage facilities rent space to individuals and businesses for storing belongings.

CubeSmart provides affordable, accessible, and often climate-controlled storage solutions for residential and commercial customers. Further research on platforms like ValueRay can provide deeper insights into CUBEs financial performance and market position.

Headlines to watch out for

  • Occupancy rates directly impact rental income
  • Rental rate growth drives revenue expansion
  • Interest rate hikes increase borrowing costs
  • Geographic diversification mitigates local market risks
  • Economic downturns reduce demand for storage units

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 333.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA -0.71 > 1.0
NWC/Revenue: -26.87% < 20% (prev -17.93%; Δ -8.95% < -1%)
CFO/TA 0.09 > 3% & CFO 609.2m > Net Income 333.8m
Net Debt (3.53b) to EBITDA (707.3m): 4.99 < 3
Current Ratio: 0.13 > 1.5 & < 3
Outstanding Shares: last quarter (229.2m) vs 12m ago 0.32% < -2%
Gross Margin: 22.74% > 18% (prev 0.65%; Δ 2.21k% > 0.5%)
Asset Turnover: 17.23% > 50% (prev 16.68%; Δ 0.55% > 0%)
Interest Coverage Ratio: 1.98 > 6 (EBITDA TTM 707.3m / Interest Expense TTM 224.5m)

Altman Z'' -1.05

A: -0.05 (Total Current Assets 44.1m - Total Current Liabilities 345.9m) / Total Assets 6.64b
B: -0.24 (Retained Earnings -1.59b / Total Assets 6.64b)
C: 0.07 (EBIT TTM 445.4m / Avg Total Assets 6.52b)
D: -0.41 (Book Value of Equity -1.58b / Total Liabilities 3.86b)
Altman-Z'' Score: -1.05 = CCC

Beneish M -1.48

DSRI: 0.79 (Receivables 33.9m/40.5m, Revenue 1.12b/1.07b)
GMI: 2.88 (GM 22.74% / 65.44%)
AQI: 1.03 (AQ_t 0.99 / AQ_t-1 0.96)
SGI: 1.05 (Revenue 1.12b / 1.07b)
TATA: -0.04 (NI 333.8m - CFO 609.2m) / TA 6.64b)
Beneish M-Score: -1.48 (Cap -4..+1) = D

What is the price of CUBE shares?

As of March 20, 2026, the stock is trading at USD 39.08 with a total of 4,323,149 shares traded.
Over the past week, the price has changed by -0.85%, over one month by -0.70%, over three months by +8.44% and over the past year by -4.33%.

Is CUBE a buy, sell or hold?

CubeSmart has received a consensus analysts rating of 3.59. Therefor, it is recommend to hold CUBE.
  • StrongBuy: 4
  • Buy: 2
  • Hold: 11
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CUBE price?

Issuer Target Up/Down from current
Wallstreet Target Price 42.2 8%
Analysts Target Price 42.2 8%

CUBE Fundamental Data Overview March 18, 2026

P/E Trailing = 26.6096
P/E Forward = 23.4742
P/S = 7.9121
P/B = 3.2276
P/EG = 5.3307
Revenue TTM = 1.12b USD
EBIT TTM = 445.4m USD
EBITDA TTM = 707.3m USD
Long Term Debt = 3.02b USD (from longTermDebt, last quarter)
Short Term Debt = 345.9m USD (from shortTermDebt, last quarter)
Debt = 3.53b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.53b USD (from netDebt column, last quarter)
Enterprise Value = 12.43b USD (8.91b + Debt 3.53b - CCE 5.78m)
Interest Coverage Ratio = 1.98 (Ebit TTM 445.4m / Interest Expense TTM 224.5m)
EV/FCF = 20.43x (Enterprise Value 12.43b / FCF TTM 608.5m)
FCF Yield = 4.89% (FCF TTM 608.5m / Enterprise Value 12.43b)
FCF Margin = 54.18% (FCF TTM 608.5m / Revenue TTM 1.12b)
Net Margin = 29.72% (Net Income TTM 333.8m / Revenue TTM 1.12b)
Gross Margin = 22.74% ((Revenue TTM 1.12b - Cost of Revenue TTM 867.7m) / Revenue TTM)
Gross Margin QoQ = -90.46% (prev 68.13%)
Tobins Q-Ratio = 1.87 (Enterprise Value 12.43b / Total Assets 6.64b)
Interest Expense / Debt = 0.84% (Interest Expense 29.5m / Debt 3.53b)
Taxrate = 21.0% (US default 21%)
NOPAT = 351.9m (EBIT 445.4m * (1 - 21.00%))
Current Ratio = 0.13 (Total Current Assets 44.1m / Total Current Liabilities 345.9m)
Debt / Equity = 1.30 (Debt 3.53b / totalStockholderEquity, last quarter 2.72b)
Debt / EBITDA = 4.99 (Net Debt 3.53b / EBITDA 707.3m)
Debt / FCF = 5.80 (Net Debt 3.53b / FCF TTM 608.5m)
Total Stockholder Equity = 2.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.12% (Net Income 333.8m / Total Assets 6.64b)
RoE = 11.96% (Net Income TTM 333.8m / Total Stockholder Equity 2.79b)
RoCE = 7.66% (EBIT 445.4m / Capital Employed (Equity 2.79b + L.T.Debt 3.02b))
RoIC = 5.70% (NOPAT 351.9m / Invested Capital 6.18b)
WACC = 5.54% (E(8.91b)/V(12.44b) * Re(7.48%) + D(3.53b)/V(12.44b) * Rd(0.84%) * (1-Tc(0.21)))
Discount Rate = 7.48% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.64%
[DCF] Terminal Value 86.73% ; FCFF base≈617.5m ; Y1≈643.0m ; Y5≈738.2m
[DCF] Fair Price = 80.99 (EV 21.92b - Net Debt 3.53b = Equity 18.39b / Shares 227.1m; r=5.90% [WACC]; 5y FCF grow 4.38% → 2.90% )
EPS Correlation: 30.45 | EPS CAGR: 20.30% | SUE: -1.80 | # QB: 0
Revenue Correlation: 90.06 | Revenue CAGR: 4.60% | SUE: 0.28 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.35 | Chg7d=-0.002 | Chg30d=-0.001 | Revisions Net=-1 | Analysts=5
EPS current Year (2026-12-31): EPS=1.42 | Chg7d=-0.013 | Chg30d=-0.008 | Revisions Net=+0 | Growth EPS=-2.7% | Growth Revenue=+1.8%
EPS next Year (2027-12-31): EPS=1.48 | Chg7d=-0.008 | Chg30d=-0.002 | Revisions Net=-1 | Growth EPS=+4.0% | Growth Revenue=+4.0%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.2% (Discount Rate 7.9% - Earnings Yield 3.8%)
[Growth] Growth Spread = -2.6% (Analyst 1.6% - Implied 4.2%)

Additional Sources for CUBE Stock

Fund Manager Positions: Dataroma | Stockcircle