Is CubeSmart Stock a Good Investment?
CubeSmart Investment Advice | CUBE |
- Examine CubeSmart's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research CubeSmart's leadership team and their track record. Good management can help CubeSmart navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Self-Storage REITs space and any emerging trends that could impact CubeSmart's business and its evolving consumer preferences.
- Compare CubeSmart's performance and market position to its competitors. Analyze how CubeSmart is positioned in terms of product offerings, innovation, and market share.
- Check if CubeSmart pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CubeSmart's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in CubeSmart stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if CubeSmart is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CubeSmart Stock
Researching CubeSmart's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are held by institutions such as insurance companies. The book value of CubeSmart was currently reported as 12.33. The company last dividend was issued on the 1st of October 2024.
To determine if CubeSmart is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding CubeSmart's research are outlined below:
| CubeSmart generated a negative expected return over the last 90 days | |
| CubeSmart currently holds 2.99 B in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about CubeSmart's use of debt, we should always consider it together with its cash and equity. | |
| CubeSmart has a very strong financial position based on the latest SEC filings | |
| Over 100.0% of CubeSmart shares are held by institutions such as insurance companies | |
| On 15th of October 2024 CubeSmart paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: CubeSmart Shares Up 3.13 percent on Nov 25 |
CubeSmart Quarterly Liabilities And Stockholders Equity |
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CubeSmart uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in CubeSmart. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CubeSmart's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact CubeSmart's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises CubeSmart's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-08-06 | 2007-06-30 | 0.01 | 0.0051 | -0.0049 | 49 | ||
2016-04-28 | 2016-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2016-02-18 | 2015-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2015-11-05 | 2015-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2014-08-07 | 2014-06-30 | 0.05 | 0.04 | -0.01 | 20 | ||
2014-05-01 | 2014-03-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2012-05-03 | 2012-03-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2011-11-03 | 2011-09-30 | 0.02 | 0.03 | 0.01 | 50 |
Know CubeSmart's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CubeSmart is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CubeSmart backward and forwards among themselves. CubeSmart's institutional investor refers to the entity that pools money to purchase CubeSmart's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Resolution Capital Limited | 2024-09-30 | 4.6 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 4.5 M | Amvescap Plc. | 2024-06-30 | 3.9 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.4 M | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 3.2 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-09-30 | 2.6 M | Northern Trust Corp | 2024-09-30 | 2.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.5 M | Vanguard Group Inc | 2024-09-30 | 31.4 M | Blackrock Inc | 2024-06-30 | 27.1 M |
CubeSmart's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 11.4 B.Market Cap |
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CubeSmart's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.12 | 0.13 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.15 | 0.15 |
Determining CubeSmart's profitability involves analyzing its financial statements and using various financial metrics to determine if CubeSmart is a good buy. For example, gross profit margin measures CubeSmart's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of CubeSmart's profitability and make more informed investment decisions.
Please note, the presentation of CubeSmart's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CubeSmart's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CubeSmart's management manipulating its earnings.
Evaluate CubeSmart's management efficiency
CubeSmart has return on total asset (ROA) of 0.0495 % which means that it generated a profit of $0.0495 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1403 %, meaning that it created $0.1403 on every $100 dollars invested by stockholders. CubeSmart's management efficiency ratios could be used to measure how well CubeSmart manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.07. The current year's Return On Capital Employed is expected to grow to 0.13. At present, CubeSmart's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 120.2 M, whereas Non Current Assets Total are forecasted to decline to about 3.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 12.78 | 8.48 | |
| Tangible Book Value Per Share | 12.77 | 8.43 | |
| Enterprise Value Over EBITDA | 19.10 | 22.54 | |
| Price Book Value Ratio | 3.73 | 2.10 | |
| Enterprise Value Multiple | 19.10 | 22.54 | |
| Price Fair Value | 3.73 | 2.10 | |
| Enterprise Value | 2.5 B | 2.7 B |
CubeSmart's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.0412 | Forward Dividend Yield 0.0412 | Forward Dividend Rate 2.04 | Beta 0.859 |
Basic technical analysis of CubeSmart Stock
As of the 1st of December, CubeSmart shows the risk adjusted performance of (0.02), and Mean Deviation of 0.954. CubeSmart technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CubeSmart information ratio, and the relationship between the coefficient of variation and value at risk to decide if CubeSmart is priced correctly, providing market reflects its regular price of 49.56 per share. Given that CubeSmart has information ratio of (0.14), we suggest you to validate CubeSmart's prevailing market performance to make sure the company can sustain itself at a future point.CubeSmart's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CubeSmart insiders, such as employees or executives, is commonly permitted as long as it does not rely on CubeSmart's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CubeSmart insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
CubeSmart's Outstanding Corporate Bonds
CubeSmart issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CubeSmart uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CubeSmart bonds can be classified according to their maturity, which is the date when CubeSmart has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| CUBESMART L P Corp BondUS22966RAD89 | View | |
| CUBESMART L P Corp BondUS22966RAE62 | View | |
| CUBESMART L P Corp BondUS22966RAC07 | View | |
| CUBE 225 15 DEC 28 Corp BondUS22966RAH93 | View | |
| US22966RAF38 Corp BondUS22966RAF38 | View |
Understand CubeSmart's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CubeSmart's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2177 | |||
| Mean Deviation | 0.954 | |||
| Coefficient Of Variation | (3,225) | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2077 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.23 | |||
| Skewness | (0.51) | |||
| Kurtosis | 2.38 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2177 | |||
| Mean Deviation | 0.954 | |||
| Coefficient Of Variation | (3,225) | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2077 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.23 | |||
| Skewness | (0.51) | |||
| Kurtosis | 2.38 |
Consider CubeSmart's intraday indicators
CubeSmart intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CubeSmart stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
CubeSmart Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 16th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 26th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
CubeSmart Stock media impact
Far too much social signal, news, headlines, and media speculation about CubeSmart that are available to investors today. That information is available publicly through CubeSmart media outlets and privately through word of mouth or via CubeSmart internal channels. However, regardless of the origin, that massive amount of CubeSmart data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of CubeSmart news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of CubeSmart relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to CubeSmart's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CubeSmart alpha.
CubeSmart Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CubeSmart can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
CubeSmart Historical Investor Sentiment
Investor biases related to CubeSmart's public news can be used to forecast risks associated with an investment in CubeSmart. The trend in average sentiment can be used to explain how an investor holding CubeSmart can time the market purely based on public headlines and social activities around CubeSmart. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CubeSmart's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CubeSmart and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average CubeSmart news discussions. The higher the estimate score, the more favorable the investor's outlook on CubeSmart.
CubeSmart Corporate Management
| Guy Middlebrooks | Vice Management | Profile | |
| Joshua Schutzer | Director Analysis | Profile | |
| Dorothy Dowling | Independent Trustee | Profile | |
| Daniel CFA | Vice Marketing | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 2.04 | Earnings Share 1.78 | Revenue Per Share 4.724 | Quarterly Revenue Growth 0.008 |
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between CubeSmart's value and its price, as these two are different measures arrived at by various means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.