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CubeSmart is a reit—industrial business based in the US. CubeSmart shares (CUBE) are listed on the NYSE and all prices are listed in US Dollars. CubeSmart employs 3,011 staff and has a trailing 12-month revenue of around USD$670.8 million.
Since the stock market crash in March caused by coronavirus, CubeSmart's share price has had significant positive movement.
Its last market close was USD$33.56, which is 3.87% up on its pre-crash value of USD$32.26 and 71.14% up on the lowest point reached during the March crash when the shares fell as low as USD$19.61.
If you had bought USD$1,000 worth of CubeSmart shares at the start of February 2020, those shares would have been worth USD$662.82 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,066.87.
|Latest market close||USD$33.56|
|52-week range||USD$19.61 - USD$35.12|
|50-day moving average||USD$32.5011|
|200-day moving average||USD$28.6987|
|Wall St. target price||USD$32.6|
|Dividend yield||USD$1.32 (3.82%)|
|Earnings per share (TTM)||USD$0.82|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||-2.64%|
|1 month (2020-09-29)||3.84%|
|3 months (2020-07-29)||14.89%|
|6 months (2020-04-29)||31.61%|
|1 year (2019-10-29)||5.04%|
|2 years (2018-10-29)||13.69%|
|3 years (2017-10-27)||25.13%|
|5 years (2015-10-29)||18.80%|
Valuing CubeSmart stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CubeSmart's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CubeSmart's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, CubeSmart shares trade at around 42x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CubeSmart's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.31. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CubeSmart's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CubeSmart's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$412 million.
The EBITDA is a measure of a CubeSmart's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$670.8 million|
|Operating margin TTM||36.79%|
|Gross profit TTM||USD$456.8 million|
|Return on assets TTM||3.87%|
|Return on equity TTM||8.87%|
|Market capitalisation||USD$6.7 billion|
TTM: trailing 12 months
There are currently 6.1 million CubeSmart shares held short by investors – that's known as CubeSmart's "short interest". This figure is 13% down from 7.0 million last month.
There are a few different ways that this level of interest in shorting CubeSmart shares can be evaluated.
CubeSmart's "short interest ratio" (SIR) is the quantity of CubeSmart shares currently shorted divided by the average quantity of CubeSmart shares traded daily (recently around 980582.4). CubeSmart's SIR currently stands at 6.25. In other words for every 100,000 CubeSmart shares traded daily on the market, roughly 6250 shares are currently held short.
However CubeSmart's short interest can also be evaluated against the total number of CubeSmart shares, or, against the total number of tradable CubeSmart shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CubeSmart's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 CubeSmart shares in existence, roughly 30 shares are currently held short) or 0.0423% of the tradable shares (for every 100,000 tradable CubeSmart shares, roughly 42 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against CubeSmart.
Find out more about how you can short CubeSmart stock.
Dividend payout ratio: 157.14% of net profits
Recently CubeSmart has paid out, on average, around 157.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.82% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CubeSmart shareholders could enjoy a 3.82% return on their shares, in the form of dividend payments. In CubeSmart's case, that would currently equate to about $1.32 per share.
CubeSmart's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
CubeSmart's most recent dividend payout was on 15 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 September 2020 (the "ex-dividend date").
Over the last 12 months, CubeSmart's shares have ranged in value from as little as $19.61 up to $35.12. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CubeSmart's is 0.3431. This would suggest that CubeSmart's shares are less volatile than average (for this exchange).
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 of self-storage properties in the United States.
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