How to buy CubeSmart stock - 06 March

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How to buy CubeSmart stock

Own CubeSmart stock in just a few minutes.

Fact checked

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 3,111 staff and has a trailing 12-month revenue of around USD$679.4 million.

How to buy shares in CubeSmart

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for CubeSmart. Find the stock by name or ticker symbol: CUBE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CubeSmart reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CubeSmart, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of CubeSmart. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

CubeSmart share price

Use our graph to track the performance of CUBE stocks over time.

CubeSmart shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$18.7484 - USD$39.24
50-day moving average USD$35.6632
200-day moving average USD$33.5932
Wall St. target priceUSD$37.22
PE ratio 42.2588
Dividend yield USD$1.33 (3.67%)
Earnings per share (TTM) USD$0.85

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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.

Is it a good time to buy CubeSmart stock?

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.

Is CubeSmart under- or over-valued?

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 P/E ratio

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 PEG ratio

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

CubeSmart's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$414.3 million.

The EBITDA is a measure of a CubeSmart's overall financial performance and is widely used to measure a its profitability.

CubeSmart financials

Revenue TTM USD$679.4 million
Operating margin TTM 37.94%
Gross profit TTM USD$472.6 million
Return on assets TTM 3.66%
Return on equity TTM 8.47%
Profit margin 24.38%
Book value $9.281
Market capitalisation USD$7.2 billion

TTM: trailing 12 months

Shorting CubeSmart shares

There are currently 4.4 million CubeSmart shares held short by investors – that's known as CubeSmart's "short interest". This figure is 15.2% down from 5.2 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)

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 1.0 million). CubeSmart's SIR currently stands at 4.31. In other words for every 100,000 CubeSmart shares traded daily on the market, roughly 4310 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 0.02% of the outstanding shares (for every 100,000 CubeSmart shares in existence, roughly 20 shares are currently held short) or 0.0303% of the tradable shares (for every 100,000 tradable CubeSmart shares, roughly 30 shares are currently held short).

Such a low SIR usually points to an 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.

CubeSmart share dividends

49%

Dividend payout ratio: 48.62% of net profits

Recently CubeSmart has paid out, on average, around 48.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.73% 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 3.73% return on their shares, in the form of dividend payments. In CubeSmart's case, that would currently equate to about $1.33 per share.

While CubeSmart's payout ratio might seem fairly standard, it's worth remembering that CubeSmart may be investing much of the rest of its net profits in future growth.

CubeSmart's most recent dividend payout was on 15 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 March 2021 (the "ex-dividend date").

CubeSmart share price volatility

Over the last 12 months, CubeSmart's shares have ranged in value from as little as $18.7484 up to $39.24. 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 0.2892. This would suggest that CubeSmart's shares are less volatile than average (for this exchange).

CubeSmart overview

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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