FKnol.com

Financial Knowledge & Information Portal

CubeSmart (CUBE) Company Profile

Updated Jul 3, 2019
CubeSmart has the following business profile:
Company's Full Name:CubeSmart
Short Name:CubeSmart
Trading Ticker Symbol:CUBE
Primary Exchange:NYSE
Headquarter City/Country:Ohio, OH
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Real Estate Investment Trusts
Main Business Areas: Industrial REIT, REIT, Consumer Services, Real Estate Investment Trusts, REITs, Real Estate
Dividend Payments:Dividend History

Market and Trading Information for CubeSmart

The following details were available for trading and market data about the stock of CubeSmart as of writing:
Current Share Price:$34.43
Previous Year's Closing Price:$28.69
Percentage Price Change (YTD):20.01%
Market Cap:$6.42 billion
52-week Price Range:$27.19 - $34.54
Dividend Per Share:$1.24
EPS (TTM):0.88
Price-Earnings (Trailing):39.17
Price-Earnings (Forward):41.48

Company Profile and Business Description for CubeSmart

CubeSmart, incorporated on July 26, 2004, operates as a self-managed and self-administered real estate company. The Company focuses on the ownership, operation, management, acquisition and development of self-storage properties in the United States. The Company's self-storage properties are designed to offer storage space for its residential and commercial customers. Its customers rent storage cubes for their exclusive use. Additionally, some of its stores offer outside storage areas for vehicles and boats. Its stores are designed to accommodate both residential and commercial customers, with features, such as aisles and load-bearing capabilities for truck access. Its self-storage properties are located in metropolitan areas, as well as suburban areas. The Company owns its assets and conducts its business through the CubeSmart, L.P. (Operating Partnership) and its subsidiaries.

The Company's storage facilities offer lockers, mini storage units and large 10 inch x 30 inch storage rooms. The Company offers various storage options, including household and personal storage, business storage, vehicle and car storage, recreational vehicle (RV) storage, boat storage, motorcycle storage, moving storage and military storage. Its self-storage for business includes business storage, sales representative storage, contractor storage, retail inventory storage and office storage. It also offers motorcycle, jet-ski and all terrain vehicle (ATV) storage. It also offers CubeSmart Services, which include logistic services, such as package receipt and item storage and retrieval; office amenities, such as work stations, lounge area and professional shredding; moving services, such as free local moving truck, truck rentals, moving and labor assistance, and full-service moving; organizational services, such as professional organizer services and organizational supplies, and storage customization, such as individual lighting and electricity, video monitoring, shelving options, automatic door openers and remote controlled access. In addition to its a range of selection of storage units, most of its facilities offer features, such as moving carts, roll-up doors and drive-up access storage units.

As of December 31, 2016, the Company owned 475 self-storage properties located in 23 states and in the District of Columbia containing an aggregate of approximately 32.9 million rentable square feet. As of December 31, 2016, approximately 89.7% of the rentable square footage at its owned stores was leased to various customers. As of December 31, 2016, the Company owned stores in the District of Columbia and the 23 states, including Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Tennessee, Texas, Utah and Virginia. In addition, as of December 31, 2016, it had managed 316 stores for third parties (including 116 stores containing an aggregate of approximately 6.8 million rentable square feet as part of three separate unconsolidated real estate ventures). As of December 31, 2016, it had stores for third parties in the 26 states, including Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont and Virginia.

The Company competes with Public Storage, Extra Space Storage Inc. and Life Storage, Inc.

5 Old Lancaster Rd

Peer / Competitor Companies of Real Estate Investment Trusts Sector

Along with CubeSmart, the following other peer (competitor) companies also exist within the same Real Estate Investment Trusts - Consumer Services sector whose company profile and dividend history is as follows:

▶ Acadia Realty Trust (AKR): Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - Core and Fund - operating platforms and its disciplined, location-driven....See Detailed Company Profile  and Dividend History.

▶ ACRE Realty Investors (AIII): ACRE Realty Investors Inc., formerly Roberts Realty Investors, Inc., incorporated on July 22, 1994, is a commercial real estate investment and operating company. The Company is focused on commercial real ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNC): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCB): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCP): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ Agree Realty (ADC): Agree Realty Corporation (Agree Realty), incorporated on December 15, 1993, is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. ....See Detailed Company Profile  and Dividend History.

▶ Alexander's (ALX): Alexanders, Inc., incorporated on May 16, 1955, is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. The Company is managed ....See Detailed Company Profile  and Dividend History.

▶ Alexandria Real Estate Equities (ARE): Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ....See Detailed Company Profile  and Dividend History.

▶ American Assets Trust (AAT): American Assets Trust, Inc., incorporated on July 16, 2010, is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, ....See Detailed Company Profile  and Dividend History.

▶ American Campus Communities (ACC): American Campus Communities, Inc. (ACC), incorporated on March 9, 2004, is a self-managed and self-administered equity real estate investment trust (REIT). The Company holds interest in American Campus Communities Operating ....See Detailed Company Profile  and Dividend History.

▶ American Farmland (AFCO): American Farmland Company is an internally managed real estate company. The Company owns a portfolio of farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH): American Homes 4 Rent, incorporated on October 19, 2012, is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH^A): ....See

▶ American Homes 4 Rent (AMH^B): ....See

▶ American Homes 4 Rent (AMH^C): ....See

▶ American Homes 4 Rent (AMH^D): ....See

▶ American Homes 4 Rent (AMH^E): ....See

▶ American Tower REIT (AMT): American Tower Corporation (ATC), incorporated on September 24, 1996, is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications ....See Detailed Company Profile  and Dividend History.

▶ Annaly Capital Management (NLY): Annaly Capital Management, Inc. (Annaly), incorporated on November 25, 1996, is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Anworth Mortgage Asset (ANH): Anworth Mortgage Asset Corporation, incorporated on October 16, 1997, is a real estate investment trust (REIT). The Companys investment objective is to provide risk-adjusted total returns to its stockholders over ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Real Estate Investment Trusts Sector.

Stock List of Other Consumer Services Sub-sectors

▶ Stocks of Advertising Sector

▶ Stocks of Amusement and Recreation Sector

▶ Stocks of Automotive Aftermarket Sector

▶ Stocks of Books Sector

▶ Stocks of Broadcasting Sector

▶ Stocks of Building Operators Sector

▶ Stocks of Business Services Sector

▶ Stocks of Catalog and Specialty Distribution Sector

▶ Stocks of Clothing Shoes and Accessory Sector

▶ Stocks of Consumer Electronics - Video Sector

▶ Stocks of Consumer Specialties Sector

▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of Electronics Distribution Sector

▶ Stocks of Farming Seeds and Milling Sector

▶ Stocks of Food Chains Sector

▶ Stocks of Greeting Cards Sector

▶ Stocks of Home Furnishings Sector

▶ Stocks of Homebuilding Sector

▶ Stocks of Hotels Resorts Sector

▶ Stocks of Marine Transportation Sector

▶ Stocks of Military Government and Technical Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Motor Vehicles Sector

▶ Stocks of Movies Entertainment Sector

▶ Stocks of Newspapers Magazines Sector

▶ Stocks of Office Equipment Supplies and Services Sector

▶ Stocks of Other Consumer Services Sector

▶ Stocks of Other Specialty Stores Sector

▶ Stocks of Paper Sector

▶ Stocks of Professional Services Sector

▶ Stocks of Publishing Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Recreational Products and Toys Sector

▶ Stocks of REITs Sector

▶ Stocks of Rental Leasing Companies Sector

▶ Stocks of Restaurants Sector

▶ Stocks of Retail Building Materials Sector

▶ Stocks of Retail Stores Sector

▶ Stocks of Telecommunications Equipment Sector

▶ Stocks of Television Services Sector

▶ Stocks of Transportation Services Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector