CubeSmart (NYSE: CUBE) is -1.59% lower on its value in year-to-date trading and has touched a low of $34.24 and a high of $55.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CUBE stock was last observed hovering at around $42.01 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $42.17, the stock is 6.04% and 3.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing 0.38% at the moment leaves the stock -7.74% off its SMA200. CUBE registered 1.01% gain for a year compared to 6-month loss of -10.90%.
The stock witnessed a 12.63% gain in the last 1 month and extending the period to 3 months gives it a 0.14%, and is 3.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.72% over the week and 3.56% over the month.
CubeSmart (CUBE) has around 3104 employees, a market worth around $9.66B and $1.08B in sales. Current P/E ratio is 24.90 and Fwd P/E is 26.40. Profit margin for the company is 35.80%. Distance from 52-week low is 23.16% and -23.52% from its 52-week high. The company has generated returns on investments over the last 12 months (6.45%).
The EPS is expected to shrink by -9.12% this year
The shares outstanding are 227.92M, and float is at 225.72M with Short Float at 2.02%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.73 million shares valued at $1.43 billion. The investor’s holdings represent 14.0468 of the CUBE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.13 million shares valued at $1.23 billion to account for 12.0115 of the shares outstanding. The other top investors are FMR LLC which holds 17.95 million shares representing 7.948 and valued at over $810.96 million, while STATE STREET CORP holds 5.0039 of the shares totaling 11.3 million with a market value of $510.57 million.
CubeSmart (CUBE) Insider Activity
CubeSmart disclosed in a document filed with the SEC on May 05 ’25 that Foster Jeffrey P (CLO & Secretary) sold a total of 18,616 shares of the company’s common stock. The trade occurred on May 05 ’25 and was made at $42.17 per share for $0.78 million. Following the transaction, the insider now directly holds 0.19 million shares of the CUBE stock.
Still, SEC filings show that on Sep 11 ’24, Schulte Jennifer (Chief Human Resources Officer) disposed off 15,942 shares at an average price of $52.56 for $0.84 million. The insider now directly holds 10,847 shares of CubeSmart (CUBE).
