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CubeSmart (CUBE)

(Delayed Data from NYSE)

$40.76 USD

40.76
1,165,289

-0.62 (-1.50%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $40.79 +0.03 (0.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth B Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (147 out of 252)

Industry: REIT and Equity Trust - Other

Better trading starts here.

Balance Sheet

Research for CUBE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for CubeSmart falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 8 9 13 6 58
Receivables 0 0 0 0 0
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 8 9 13 6 58
Net Property & Equipment 0 0 0 0 0
Investments & Advances 6,050 6,154 6,217 4,598 3,866
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 167 163 317 174 106
Total Assets 6,225 6,326 6,548 4,778 4,030
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 201 213 200 159 138
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 201 213 200 159 138
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,923 2,996 3,146 2,365 1,932
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 220 219 204 164 90
Minority Interest (Liabilities) 60 57 108 249 62
Total Liabilities 3,404 3,485 3,658 2,937 2,222
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 4,142 4,125 4,088 2,806 2,675
Retained Earnings -1,345 -1,301 -1,219 -975 -877
Other Equity 21 14 18 8 7
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,821 2,840 2,890 1,841 1,807
Total Liabilities & Shareholder's Equity 6,225 6,326 6,548 4,778 4,030
Total Common Equity 2,821 2,840 2,890 1,841 1,807
Shares Outstanding 224.80 224.50 218.80 195.20 193.50
Book Value Per Share 12.55 12.65 13.21 9.43 9.34

Fiscal Year End for CubeSmart falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 8 10 11 9
Receivables NA 0 0 0 0
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 8 10 11 9
Net Property & Equipment NA 0 0 0 0
Investments & Advances NA 6,050 6,057 6,091 6,118
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 167 166 179 165
Total Assets NA 6,225 6,233 6,281 6,291
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 201 222 215 188
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 201 222 215 188
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,923 2,920 2,968 2,997
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 218 220 219
Minority Interest (Liabilities) NA 60 52 63 66
Total Liabilities NA 3,404 3,412 3,466 3,469
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 2 2 2 2
Capital Surplus NA 4,142 4,137 4,133 4,129
Retained Earnings NA -1,345 -1,332 -1,333 -1,323
Other Equity NA 21 14 14 13
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 2,821 2,821 2,816 2,822
Total Liabilities & Shareholder's Equity NA 6,225 6,233 6,281 6,291
Total Common Equity 0 2,821 2,821 2,816 2,822
Shares Outstanding 224.90 224.80 224.80 224.60 224.60
Book Value Per Share 0.00 12.55 12.55 12.54 12.56