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Last $25.36 USD
Change Today +0.10 / 0.40%
Volume 18.5K
CUBE On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 9:33 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

cubesmart (CUBE) Snapshot

Open
$25.34
Previous Close
$24.86
Day High
$25.37
Day Low
$25.22
52 Week High
08/17/15 - $26.81
52 Week Low
09/29/14 - $17.72
Market Cap
4.3B
Average Volume 10 Days
1.7M
EPS TTM
$0.18
Shares Outstanding
169.2M
EX-Date
09/29/15
P/E TM
140.9x
Dividend
$0.64
Dividend Yield
2.41%
Current Stock Chart for CUBESMART (CUBE)

cubesmart (CUBE) Related Businessweek News

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cubesmart (CUBE) Details

CubeSmart is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in ownership, operation, acquisition and development of self-storage facilities. The firm was formerly known as U-Store-It Trust. CubeSmart was founded in July 2004 and is based in Malvern, Pennsylvania.

1,640 Employees
Last Reported Date: 02/27/15
Founded in 2004

cubesmart (CUBE) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: $525.0K
Chief Financial Officer
Total Annual Compensation: $375.0K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2014.

cubesmart (CUBE) Key Developments

CubeSmart Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Outlook for the Third Quarter Ending September 30, 2015; Revises Earnings Outlook for the Year 2015

CubeSmart reported unaudited consolidated earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company’s total revenues were $109,871,000 against $92,337,000 a year ago. Operating income was $25,708,000 against $21,990,000 a year ago. Income from continuing operations was $13,873,000 against $7,993,000 a year ago. Net income attributable to the company's common shareholders was $12,222,000 against $6,384,000 a year ago. Diluted earnings per share from continuing operations attributable to common shareholders were $0.07 against $0.04 a year ago. Diluted earnings per share attributable to common shareholders were $0.07 against $0.04 a year ago. FFO attributable to common shareholders and OP unitholders was $51,793,000 against $39,324,000 a year ago. FFO attributable to common shareholders and OP unitholders, as adjusted was $52,546,000 against $40,045,000 a year ago. FFO per share and unit - fully diluted was $0.30 against $0.26 a year ago. FFO, as adjusted per share and unit - fully diluted was $0.31 against $0.27 a year ago. For the six months, the company’s total revenues were $213,559,000 against $179,604,000 a year ago. Operating income was $46,387,000 against $40,604,000 a year ago. Income from continuing operations was $22,395,000 against $12,233,000 a year ago. Net income attributable to the company's common shareholders was $19,154,000 against $9,412,000 a year ago. Diluted earnings per share from continuing operations attributable to common shareholders were $0.11 against $0.06 a year ago. Diluted earnings per share attributable to common shareholders were $0.11 against $0.07 a year ago. FFO attributable to common shareholders and OP unitholders was $98,056,000 against $73,351,000 a year ago. FFO attributable to common shareholders and OP unitholders, as adjusted was $99,319,000 against $75,751,000 a year ago. FFO per share and unit - fully diluted was $0.58 against $0.50 a year ago. FFO, as adjusted per share and unit - fully diluted was $0.58 against $0.52 a year ago. The company now expects that its fully diluted FFO per share, as adjusted, for 2015 will be between $1.18 and $1.22 (previously between $1.15 and $1.19), and that its fully diluted net income per share for the period will be between $0.23 and $0.27 (previously between $0.20 and $0.24). Real estate depreciation and amortization expense per share expects at $0.95. The Company estimates that its fully diluted FFO, as adjusted, per share for the quarter ending September 30, 2015 will be between $0.32 and $0.33, and that its fully diluted earnings per share for the period will be between $0.08 and $0.09. Real estate depreciation and amortization expense per share expects at $0.24.

CubeSmart to Report Q2, 2015 Results on Aug 06, 2015

CubeSmart announced that they will report Q2, 2015 results After-Market on Aug 06, 2015

CubeSmart, Q2 2015 Earnings Call, Aug 07, 2015

CubeSmart, Q2 2015 Earnings Call, Aug 07, 2015

 

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CUBE:US $25.31 USD +0.05

CUBE Competitors

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Company Last Change
Cousins Properties Inc $9.04 USD +0.07
Hersha Hospitality Trust $24.30 USD +0.06
Lexington Realty Trust $7.93 USD +0.08
Pennsylvania Real Estate Investment Trust $19.51 USD +0.16
Sovran Self Storage Inc $89.42 USD +0.205
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Industry Analysis

CUBE

Industry Average

Valuation CUBE Industry Range
Price/Earnings 100.0x
Price/Sales 10.2x
Price/Book 2.8x
Price/Cash Flow 23.3x
TEV/Sales 7.2x
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