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CUBE $41.38

CUBE target price
41.38
0
0
Type
Public
Traded as NYSE: CUBE
Industry REIT and self storage
Predecessor U-Store-It Trust
Founded July 2004; 13 years ago (2004-07) (as U-Store-It Trust)
Maryland, U.S.
Headquarters Malvern, Pennsylvania, U.S.
Number of locations
667 (owned and managed) (As of 31 December 2015)
Area served
U.S.
Key people
Christopher Marr
(CEO and President)
Services Storage facilities
Revenue $444,521,000 (As of 31 December 2015)
Operating income
$107,888,000 (As of 31 December 2015)
Net income
$78,756,000 (As of 31 December 2015)
Number of employees
1,837 (As of 31 December 2015)
Website cubesmart.com

CubeSmart (NYSE: CUBE), previously known as U-Store-It Trust, is an American real estate investment trust (REIT) and provider of self-storage facilities.

CubeSmart was established in 2004, as a Maryland corporation. Established under the name U-Store-It Trust, the company held their initial public offering in July 2004. In December 2008, they relocated the corporate headquarters to Malvern, Pennsylvania. On September 14, 2011, the organization was renamed as CubeSmart.

As of June 30, 2017, the company owned 390 self-storage facilities and also managed 478 properties for third party owners, in 32 states and the District of Columbia.

According to industry magazine Inside Self-Storage, by total net rentable square footage CubeSmart is the fourth largest self-storage operator in the United States.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-02 Future report Set alerts
Q2 2022 2022-08-04 0.26 0.26
Q1 2022 2022-04-28 0.17 0.17
Q4 2021 2022-02-24 0.29 0.29
Q3 2021 2021-11-04 0.43 0.43
Q2 2021 2021-07-29 0.24 0.24
Q1 2021 2021-04-29 0.00 0.00
Q4 2020 2021-02-25 0.22 0.22
Q3 2020 2020-11-05 0.00 0.00
Q2 2020 2020-08-06 0.20 0.20

Ratings

2016-06-24 Initiated Coverage DA Davidson Neutral $35.00
2016-06-23 Initiated Coverage FBR & Co. Outperform $35.00
2016-06-23 Initiated Coverage FBR & Co Outperform $35.00
2016-05-22 Reiterated Rating Cantor Fitzgerald Buy $35.00
2016-05-12 Boost Price Target Citigroup Inc. Neutral $30.00 to $32.00
2016-05-02 Reiterated Rating BMO Capital Markets Buy
2016-04-29 Reiterated Rating Jefferies Group Buy
2016-03-21 Downgrade Evercore ISI Buy to Hold
2016-02-23 Boost Price Target BMO Capital Markets Outperform $32.00 to $34.00
2016-02-19 Reiterated Rating Cantor Fitzgerald Buy $32.00
2016-02-08 Lower Price Target Evercore ISI Buy $33.50 to $32.00
2015-12-14 Boost Price Target Cantor Fitzgerald Buy $29.50 to $32.00
2015-11-13 Downgrade Raymond James Strong-Buy to Outperform
2015-11-13 Downgrade Raymond James Financial Inc. Strong-Buy to Outperform
2015-11-10 Initiated Coverage BB&T Corp. Buy $32.50 to $32.50
2015-11-06 Boost Price Target Evercore ISI Buy $30.00 to $31.50
2015-10-19 Boost Price Target Evercore ISI Buy $29.50 to $30.00
2015-10-18 Reiterated Rating Jefferies Group Buy $30.00 to $31.00
2015-09-08 Lower Price Target Evercore Partners Inc. Buy $28.00 to $27.50
2015-09-04 Reiterated Rating Raymond James Top Pick
2015-08-22 Reiterated Rating Bank of America Buy $29.00 to $30.00
2015-08-22 Reiterated Rating Bank of America Corp. Buy $29.00 to $30.00
2015-08-21 Reiterated Rating Cantor Fitzgerald Buy $27.00 to $29.50
2015-08-17 Boost Price Target SunTrust Buy $28.00 to $29.00
2015-08-17 Boost Price Target SunTrust Banks Inc. Buy $28.00 to $29.00
2015-08-13 Boost Price Target BMO Capital Markets Outperform $26.00 to $30.00
2015-08-10 Boost Price Target Evercore ISI Buy $27.00 to $28.00
2015-08-10 Reiterated Rating Cantor Fitzgerald Buy $27.00
2015-07-23 Initiated Coverage Robert W. Baird Outperform $27.00
2015-07-21 Boost Price Target Jefferies Group Buy $27.00 to $28.00
2015-07-02 Reiterated Rating Evercore ISI Buy $25.50 to $27.00
2015-06-21 Set Price Target Cantor Fitzgerald Buy $24.00 to $27.00
2015-05-11 Reiterated Rating Citigroup Inc. Neutral $23.00 to $24.00
2015-05-11 Reiterated Rating Bank of America Buy $25.00 to $27.00
2015-05-09 Reiterated Rating Jefferies Group Buy $27.00
2015-04-20 Upgrade Evercore Partners Inc. Hold to Buy
2015-04-20 Upgrade Evercore ISI Hold to Buy $25.00
2015-03-13 Boost Price Target Citigroup Inc. Neutral $22.00 to $23.00
2015-02-27 Reiterated Rating Cantor Fitzgerald Buy $23.50
2015-01-26 Downgrade Evercore ISI Buy to Hold
2015-01-23 Upgrade SunTrust Neutral to Buy $22.00 to $28.00
2015-01-07 Upgrade Raymond James Outperform to Strong-Buy
2014-12-15 Reiterated Rating Citigroup Inc. Hold $18.00 to $22.00
2014-11-17 Boost Price Target Jefferies Group Buy $23.00 to $24.00
2014-11-14 Reiterated Rating Bank of America Buy $22.00 to $23.00
2014-10-14 Initiated Coverage Jefferies Group Buy $23.00
2014-08-28 Reiterated Rating SunTrust Neutral $19.00 to $20.00
2014-08-11 Boost Price Target BMO Capital Markets Outperform $19.00 to $21.00
2014-05-16 Boost Price Target SunTrust Neutral $17.00 to $19.00
2014-05-13 Reiterated Rating Citigroup Inc. Hold $17.00 to $18.00
2014-05-05 Downgrade KeyBanc Buy to Hold $19.00
2014-02-19 Initiated Coverage Evercore ISI Buy
2014-02-18 Upgrade Raymond James Market Perform to Outperform $20.00
2014-01-07 Downgrade Wells Fargo & Co. Outperform to Market Perform
2014-01-07 Downgrade Wells Fargo Outperform to Market Perform
2013-12-03 Downgrade SunTrust Buy to Neutral
2013-10-28 Upgrade Macquarie Underperform to Neutral $14.50 to $19.50
2013-10-22 Downgrade Raymond James Strong-Buy to Market Perform $20.00
2012-12-03 Upgrade Robert W. Baird Neutral to Outperform $13 to $16
2016-06-24 Initiated Coverage DA Davidson Neutral $35.00
2016-06-23 Initiated Coverage FBR & Co. Outperform $35.00
2016-06-23 Initiated Coverage FBR & Co Outperform $35.00
2016-05-22 Reiterated Rating Cantor Fitzgerald Buy $35.00
2016-05-12 Boost Price Target Citigroup Inc. Neutral $30.00 to $32.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
AMSDELL ROBERT J Member of 13d group owning 10% 1.50%  (2232733) CUBE /
AMSDELL BARRY L Member of 13d group owning 10% 1.50%  (2232733) CUBE /
MARR CHRISTOPHER P President 0.24%  (356484) CUBE / STAG /
JERNIGAN DEAN CEO 0.20%  (294218) CUBE / FPI /
AMSDELL TODD C 0.13%  (200000) CUBE /
MARTIN TIMOTHY M CFO 0.11%  (168653) CUBE /
DIEFENDERFER WILLIAM M III 0.09%  (132046) CUBE / SLM /
Foster Jeffrey P Sr. VP - Chief Legal Officer 0.07%  (110045) CUBE /
LARUE DAVID J 0.04%  (56543) CUBE /
Perry Jonathan L SVP and CIO 0.04%  (55535) CUBE /
REMONDI JOHN F 0.03%  (51310) CUBE / SLM /
KELER MARIANNE M 0.03%  (47550) CUBE / SLM /
Bussani Piero 0.03%  (42307) CUBE /
ROGATZ JEFFREY F 0.02%  (31455) CUBE /
FAIN JOHN W 0.01%  (20248) CUBE /
RATNERSALZBERG DEBORAH 0.01%  (14588) CUBE /