Stocks · Real Estate · REIT - Industrial
CubeSmart CUBE
$37.52 -0.03% Close, Oct 2, 2026 · NYSE · Market cap $8.50B
High quality
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 5.0× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $1.14B, up 3.9% from a year earlier.
- Diluted EPS over the last four quarters was $1.45, down 11.6% year over year.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 42%
- EPS growth (TTM, YoY)Bottom 36%
- FCF growth (TTM, YoY)Bottom 44%
- Revenue growth, 3-year CAGRBottom 40%
- Revenue growth accelerationBottom 27%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 25%
- Gross marginBottom 23%
- Operating marginTop 27%
- Cash conversion (OCF / net income)Top 48%
- Accruals (lower is better)Top 37%
- Net debt / EBITDA (lower is better)Top 40%
- Interest coverTop 7%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldTop 39%
- EBITDA / enterprise valueBottom 43%
- Sales / enterprise valueBottom 39%
- P/E vs own 5-year history (lower is better)Top 50%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 41%
- 6-month returnTop 40%
- 1-year return vs S&P 500Bottom 50%
- Distance from 52-week highTop 17%
- Trend checklist (0–4)Top 41%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 47%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyBottom 47%
- Upside to consensus price targetBottom 31%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 21%
- Maximum drawdown, 3 yearsTop 47%
- Beta vs S&P 500 (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Top 40%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.0% | 3.9% | ↓ |
| EPS growth (YoY) | -16.0% | -11.6% | ↑ |
| Gross margin | 63.8% | 17.4% | ↓ |
| Operating margin | 43.4% | 39.8% | ↓ |
| FCF margin | 56.1% | 49.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.9% | 5.0% | ↓ | Bottom 42% |
| EPS growth (TTM, YoY) | -11.6% | -16.0% | ↑ | Bottom 36% |
| Gross margin | 17.4% | 63.8% | ↓ | Bottom 23% |
| Operating margin | 39.8% | 43.4% | ↓ | Top 27% |
| Net margin | 29.4% | 34.3% | ↓ | — |
| Free-cash-flow margin | 49.5% | 56.1% | ↓ | — |
| Return on invested capital | 6.9% | — | Top 25% | |
| Revenue growth, 3-year CAGR | 3.6% | — | Bottom 40% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.79×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -12.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.01×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.65%
- Net buyback yield (TTM)
- 1.23%
- Shareholder yield
- 6.87%
- Share count change, 1 year
- -0.5%
- Share count change, 3-year CAGR
- +0.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -0.6%
- Average 2-day reaction, last 8
- -0.9%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $44.00
- Target vs current price
- +17.3%
- Analysts with a rating
- 29
- Share rating Buy or Strong Buy
- 45%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +7.2% | -2.8% | -1.1% | -4.6% | — |
| Apr 30, 2026 | +2.9% | +1.9% | +1.4% | +2.1% | +6.5% |
| Feb 26, 2026 | -8.1% | +1.3% | +3.6% | -8.8% | +1.0% |
| Oct 30, 2025 | -4.6% | -2.5% | -5.9% | -6.8% | -6.8% |
| Jul 31, 2025 | -6.3% | -5.4% | -3.9% | -1.0% | +1.9% |
| May 1, 2025 | +0.7% | +0.7% | +3.7% | +5.0% | +0.6% |
| Feb 27, 2025 | +0.0% | +0.5% | +0.4% | -2.0% | -2.5% |
| Oct 31, 2024 | -1.3% | -0.9% | -3.3% | +3.9% | -14.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.39 | $0.36 | +7.2% | $286.5M |
| Apr 30, 2026 | $0.36 | $0.35 | +2.9% | $281.9M |
| Feb 26, 2026 | $0.34 | $0.37 | -8.1% | $282.7M |
| Oct 30, 2025 | $0.36 | $0.38 | -4.6% | $285.1M |
| Jul 31, 2025 | $0.36 | $0.38 | -6.3% | $282.3M |
| May 1, 2025 | $0.39 | $0.39 | +0.7% | $273.0M |
| Feb 27, 2025 | $0.45 | $0.45 | +0.0% | $267.7M |
| Oct 31, 2024 | $0.44 | $0.45 | -1.3% | $270.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.9× | 28.3× | 33th | Top 40% |
| P/E (forward) | 23.9× | — | — | — |
| EV / EBITDA | 17.1× | — | — | Bottom 43% |
| EV / Sales | 10.58× | — | — | Bottom 39% |
| Free-cash-flow yield | 6.62% | — | — | Top 39% |
| Earnings yield | 3.86% | — | — | Top 40% |
P/E over the past five years
Range 22.6× – 60.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -7.3%
- Earnings per share growth (TTM)
- -11.6%
- Change in P/E multiple
- +17.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.9%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -6.6%
- Distance from 200-day average
- -4.6%
- RSI (14)
- 33.7
- Relative volume
- 1.06×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.2%
- Volatility vs own 5-year history
- 3th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.51
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -11.7%
- Maximum drawdown, 3 years
- -35.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 30, 2021 | Oct 25, 2023 | -41.6% | 457 days | Not yet recovered |
| Sep 8, 2021 | Oct 5, 2021 | -12.6% | 19 days | 18 days (Oct 29, 2021) |
| Oct 15, 2020 | Nov 9, 2020 | -10.4% | 17 days | 50 days (Jan 22, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $8.50B
- P/E (TTM)
- 25.9
- EPS, diluted (TTM)
- $1.45
- Revenue (TTM)
- $1.14B
- Dividend yield
- 5.65%
- 52-week range
- $35.09 – $43.26
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $822.6M | $1.01B | $1.05B | $1.07B | $1.12B |
| Gross profit | $570.5M | $716.4M | $755.6M | $748.5M | $255.4M |
| Operating income | $290.6M | $351.1M | $497.3M | $483.1M | $448.9M |
| Net income | $223.5M | $291.3M | $410.8M | $391.2M | $333.8M |
| EPS (diluted) | $1.09 | $1.29 | $1.82 | $1.72 | $1.46 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $270.9M | $267.7M | $273.0M | $282.3M | $285.1M | $282.7M | $281.9M | $286.5M |
| Net income | $100.8M | $101.9M | $89.2M | $83.0M | $82.9M | $78.7M | $82.9M | $89.6M |
| EPS (diluted) | $0.44 | $0.45 | $0.39 | $0.36 | $0.36 | $0.34 | $0.36 | $0.39 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $449.2M | $591.5M | $611.1M | $631.1M | $611.7M |
| Capital expenditure | $0 | $0 | $0 | $0 | -$44.8M |
| Free cash flow | $449.2M | $591.5M | $611.1M | $631.1M | $566.9M |
| Dividends paid | -$282.1M | -$387.1M | -$442.2M | -$461.8M | -$476.3M |
| Net share buybacks | $965.6M | $4.9M | -$276,000 | $118.3M | -$30.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $14.3M
- Total assets
- $6.58B
- Total liabilities
- $3.95B
- Total debt
- $3.54B
- Net debt
- $3.53B
- Shareholders’ equity
- $2.58B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 1, 2026 | $0.53 | Oct 15, 2026 |
| Jul 1, 2026 | $0.53 | Jul 15, 2026 |
| Apr 1, 2026 | $0.53 | Apr 15, 2026 |
| Jan 2, 2026 | $0.53 | Jan 16, 2026 |
| Oct 1, 2025 | $0.52 | Oct 15, 2025 |
| Jul 1, 2025 | $0.52 | Jul 15, 2025 |
| Apr 1, 2025 | $0.52 | Apr 15, 2025 |
| Jan 2, 2025 | $0.52 | Jan 16, 2025 |
Short interest
- Shares sold short
- 8,688,626
- Days to cover
- 3.63
- Change vs previous report
- +15.9%
FINRA short interest, settlement date Sep 15, 2026.