Company CubeSmart

Equities

CUBE

US2296631094

Specialized REITs

Market Closed - Nyse 04:00:02 2024-04-19 pm EDT 5-day change 1st Jan Change
42.05 USD +0.45% Intraday chart for CubeSmart -4.04% -9.28%

Business Summary

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer climate-controlled storage space for residential and commercial customers. It owns its assets and conducts its operations through the CubeSmart, L.P. (Operating Partnership), and subsidiaries of the Operating Partnership. Its customers rent storage cubes for their exclusive use, on a month-to-month basis. 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 wide aisles and load-bearing capabilities for large truck access. Its customers can access their storage cubes during business hours, and some of its stores provide customers with 24-hour access. It owns about 611 self-storage properties located in 24 states and in the district of Columbia, containing an aggregate of about 44.1 million rentable square feet.

Number of employees: 3,040

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental
86.8 %
879 87.1 % 912 86.8 % +3.72%
Other Property Related Income
9.7 %
96 9.5 % 102 9.7 % +5.85%
Property Management Fee
3.5 %
34 3.4 % 37 3.5 % +6.94%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,010 100.0 % 1,050 100.0 % +4.03%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 06-05-31
Director of Finance/CFO 53 06-12-10
Chief Operating Officer 54 10-03-31
Investor Relations Contact - 10-04-30
Comptroller/Controller/Auditor 40 12-12-31
General Counsel 54 09-02-15

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 09-11-04
Chairman 70 13-05-28
Chief Executive Officer 59 06-05-31
Director/Board Member 62 11-01-30
Director/Board Member 70 12-04-30
Director/Board Member 67 17-06-30
Director/Board Member 59 10-02-22
Director/Board Member 52 22-05-16
Director/Board Member 45 22-10-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 226,001,970 224,064,352 ( 99.14 %) 0 99.14 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
14.07 %
31,643,151 14.07 % 1 431 M $
BlackRock Advisors LLC
10.46 %
23,540,960 10.46 % 1 065 M $
Fidelity Management & Research Co. LLC
6.250 %
14,060,673 6.250 % 636 M $
12,481,235 5.548 % 564 M $
Norges Bank (13F)
4.266 %
9,596,945 4.266 % 434 M $
T. Rowe Price Investment Management, Inc.
2.792 %
6,281,804 2.792 % 284 M $
JPMorgan Investment Management, Inc.
2.725 %
6,130,329 2.725 % 277 M $
Invesco Advisers, Inc.
2.251 %
5,063,225 2.251 % 229 M $
T. Rowe Price International Ltd.
1.993 %
4,482,439 1.993 % 203 M $
Geode Capital Management LLC
1.885 %
4,239,963 1.885 % 192 M $

Company contact information

CubeSmart

5 Old Lancaster Road

19355, Malvern

+

http://www.cubesmart.com
address CubeSmart(CUBE)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
41.86 USD
Average target price
46.58 USD
Spread / Average Target
+11.28%
Consensus