C

CubeSmart

Owns and operates self-storage facilities

Overview

CubeSmart owns and operates self-storage facilities and provides storage solutions for customers, especially when they are facing difficult life events. Customers rent storage units at CubeSmart locations and access secure, clean spaces managed through customer service and online tools; the company focuses on making storage easy through service and care. What sets CubeSmart apart is its emphasis on people and customer experience—highlighted by strong employee engagement and a culture described as caring and supportive—rather than just the storage product. The company’s goal is to simplify the challenges that come with storing belongings during tough times, while offering reliable service and opportunities for teammates to grow and contribute.

Funded RecentlySignificant Headcount Growth

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About CubeSmart

Simplify's Rating
Why CubeSmart is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Real Estate

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Malvern, PA

Founded

2004

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What believers are saying

  • November 12, 2026: Yonkers opens a 949-unit facility near New York City demand.
  • October 2026: Q3 same-store NOI turned positive, supporting a sector recovery thesis.
  • Heitman JV closes in Q4 2026, freeing capital for repurchases and acquisitions.

What critics are saying

  • October 29, 2026: Q3 FFO missed estimates, showing fragile earnings power.
  • Sun Belt oversupply still pressures Phoenix and similar markets, crushing rents into 2027.
  • If buybacks and dividends outrun cash flow, leverage and payout pressure can force cuts.

What makes CubeSmart unique

  • November 2026: CubeSmart pairs owned stores with third-party management and JV capital recycling.
  • October 2026: Its 872-store management platform widens fee income beyond rental spreads.
  • September 2026: It refinanced liquidity with a $300 million note redemption and credit flexibility.

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Funding

Total Funding

$750M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Stock Price

Growth & Insights and Company News

6 month growth

9%

1 year growth

9%

2 year growth

9%
France Media
Nov 12th, 2026
CubeSmart to open 949-unit self-storage facility in Yonkers, New York.

CubeSmart to open 949-unit self-storage facility in Yonkers, New York. November 12, 2026 YONKERS, N.Y. - CubeSmart will open a 949-unit self-storage facility in Yonkers, located north of New York City. New York-based Cayre Equities is developing the facility at 1060 Nepperhan Ave., and construction has now passed the midpoint and is expected to be complete in the second or third quarter of next year. Miami-based lender 3650 Capital provided a $24 million construction loan for the project that carried a 36-month term with a six-month extension option. David Eyzenberg of Eyzenberg & Co. arranged the loan on behalf of the developer.

Watchlist News
Nov 2nd, 2026
CubeSmart (NYSE:CUBE) reaches new 52-week high - time to Buy?

CubeSmart (NYSE:CUBE) reaches new 52-week high - time to Buy? CubeSmart (NYSE:CUBE - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $43.51 and last traded at $43.2730, with a volume of 243,123 shares. The stock had previously closed at $42.74. Wall street analysts forecast growth. A number of brokerages recently commented on CUBE. Barclays upgraded CubeSmart from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $45.00 to $46.00 in a research report on Friday, July 10th. UBS Group dropped their price objective on shares of CubeSmart from $43.00 to $38.00 and set a "neutral" rating on the stock in a report on Friday, October 16th. Wells Fargo & Company raised their target price on shares of CubeSmart from $40.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. Raymond James Financial began coverage on shares of CubeSmart in a report on Wednesday, July 15th. They issued an "outperform" rating and a $44.00 price target on the stock. Finally, KeyCorp reiterated a "sector weight" rating on shares of CubeSmart in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $42.73. CubeSmart price performance. The company has a quick ratio of 0.07, a current ratio of 0.06 and a debt-to-equity ratio of 1.42. The company has a 50-day moving average of $39.16 and a 200 day moving average of $39.58. The stock has a market capitalization of $9.88 billion, a PE ratio of 29.04, a PEG ratio of 7.16 and a beta of 0.98. CubeSmart (NYSE:CUBE - Get Free Report) last issued its earnings results on Thursday, October 29th. The real estate investment trust reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.23). CubeSmart had a return on equity of 13.15% and a net margin of 30.17%. The firm had revenue of $293.97 million for the quarter, compared to analysts' expectations of $287.28 million. During the same period last year, the firm earned $0.65 earnings per share. CubeSmart's revenue for the quarter was up 3.1% on a year-over-year basis. Sell-side analysts predict that CubeSmart will post 2.59 EPS for the current year. Institutional inflows and outflows. Institutional investors have recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. acquired a new stake in shares of CubeSmart during the 3rd quarter valued at approximately $22,499,000. Ieq Capital LLC acquired a new position in CubeSmart during the second quarter worth $9,966,000. Readystate Asset Management LP purchased a new stake in CubeSmart during the second quarter worth $2,989,000. The Manufacturers Life Insurance Company purchased a new stake in CubeSmart during the second quarter worth $6,588,000. Finally, Corient Private Wealth LP grew its holdings in CubeSmart by 263.0% in the second quarter. Corient Private Wealth LP now owns 161,619 shares of the real estate investment trust's stock valued at $6,428,000 after purchasing an additional 117,093 shares during the last quarter. Hedge funds and other institutional investors own 97.61% of the company's stock. About CubeSmart. CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate investment trust that owns, operates and manages self-storage facilities in the United States. The company provides storage space for households, businesses and other customers through a portfolio serving metropolitan areas and communities across the country. Its facilities offer a range of storage options, including traditional and climate-controlled units, as well as space for vehicles, boats and recreational vehicles at select locations. Receive News & Ratings for CubeSmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CubeSmart and related companies with MarketBeat.com's FREE daily email newsletter.

Kalkine Media
Oct 29th, 2026
CubeSmart Secures $300 Million Unsecured Term Loan Due January 2031

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American Market News
Oct 28th, 2026
CubeSmart (CUBE) expected to post earnings on Thursday.

CubeSmart (CUBE) expected to post earnings on Thursday. Posted by ABMN Staff on Oct 28th, 2026 CubeSmart (NYSE:CUBE - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect CubeSmart to post earnings of $0.4105 per share and revenue of $287.28 million for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET. CubeSmart (NYSE:CUBE - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.25). The firm had revenue of $286.49 million during the quarter, compared to the consensus estimate of $281.12 million. CubeSmart's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS. On average, analysts expect CubeSmart to post $2.57 EPS for the current fiscal year and $2.64 EPS for the next fiscal year. CubeSmart stock up 1.1%. CUBE stock opened at $40.57 on Wednesday. The business has a 50-day moving average of $39.15 and a 200-day moving average of $39.52. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. Wall street analysts forecast growth. Several equities research analysts have commented on CUBE shares. Wells Fargo & Company boosted their target price on CubeSmart from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $47.00 price target on shares of CubeSmart in a research report on Tuesday, August 4th. Barclays raised shares of CubeSmart from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $45.00 to $46.00 in a research note on Friday, July 10th. Raymond James Financial initiated coverage on shares of CubeSmart in a research note on Wednesday, July 15th. They set an "outperform" rating and a $44.00 price target for the company. Finally, KeyCorp reiterated a "sector weight" rating on shares of CubeSmart in a report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $42.73. CubeSmart company profile. CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate investment trust that owns, operates and manages self-storage facilities in the United States. The company provides storage space for households, businesses and other customers through a portfolio serving metropolitan areas and communities across the country. Its facilities offer a range of storage options, including traditional and climate-controlled units, as well as space for vehicles, boats and recreational vehicles at select locations. Receive News & Ratings for CubeSmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CubeSmart and related companies with MarketBeat.com's FREE daily email newsletter.

Storage Moguls
Sep 18th, 2026
The national average is a lie: why $250 million just bought into Phoenix self-storage.

The national average is a lie: why $250 million just bought into Phoenix self-storage. By Joe Downs · Storage Moguls - practitioners, not professors. Direct answer CubeSmart and CBRE Investment Management just formed a $250M joint venture to buy self-storage in high-growth Sunbelt markets - and their first acquisition is in Phoenix, the market the headlines call the poster child for oversupply. When the people with the most research budget in the industry deliberately buy into the most overbuilt market in the country, the honest read is: the national average is a lie. One market's oversupply is another's scarcity. Underwrite the market, not the headline. The deal. CubeSmart and CBRE Investment Management announced a $250Mjoint venture to acquire self-storage in high-growth Sunbelt markets. Their first acquisition is in Phoenix. Not Dallas. Not Denver. Phoenix - the market that has been the poster child for pandemic-era oversupply since the building boom peaked. Why Phoenix is the perfect example of the lie. Phoenix still leads the country in under-construction supply - about 6.6%of stock. The headline writes itself: too many boxes, falling rents, don't buy. And then two of the biggest, best-resourced operators in the industry walk in and buy. Not because the headline is wrong. Because headlines are averages, and deals are local. The national average is a lie. National occupancy in the low 80s describes no single market. The REITs ran low-90s occupancy through the same quarter. Both numbers are true, and neither tells you what to do in your town. The same split shows up on rents: in overbuilt Sun Belt metros with more than 10 square feet per capita, rate declines are nearly universal, while supply-constrained coastal metros absorb new supply and hold or raise rents. The average hides both stories. What they're actually buying. Institutions buy when pricing is soft and the market underneath is still growing - patient capital buying quality assets ahead of absorption. That's counter-cyclical buying. It's the same move Storage Moguls teach, at a scale Storage Moguls'll never play. They can afford to wait out a cycle, because the cycle is not the deal. The market's long-run trajectory is the deal. The contrast with the pond. You are not competing with a $250M JV for a Phoenix trophy asset. You don't want to. But the same logic - buy quality where the headlines are scared - is exactly how the $400K-$2Mrange works. A drive-up facility in a tertiary market the supply reports don't count. Off-market, five touches, the deal nobody else underwrote. The pond the institutions can't touch and the gurus never taught. That's where this move lives at your scale. The honest counterpoint. Institutional money buying Phoenix does not mean every Phoenix deal is good. It means they picked specific assets, in a specific market, on a specific thesis. The lesson is not "buy Phoenix." The lesson is "underwrite the market, not the headline" - and then underwrite the facility like it's the only one on earth. Rent roll. T12. County call. Expense ratio at 35-40%. If the specific deal doesn't work, it doesn't work. The deal you don't do is still the smartest deal of the year. The bottom line. When a quarter of a billion dollars walks into the market the headlines call overbuilt, it's worth asking what they know. The answer: markets are local, averages are lies, and the deals live in the detail. Run the numbers - on the market, and on the specific facility. Then go find your pond. Run the numbers. All of them. Run the numbers Past performance is not indicative of future results. Figures in these posts are historical results for those specific deals or the cited industry data, not projections, and nothing here constitutes investment advice. The math that decides a deal is the math you do before you sign - underwrite it yourself, or have someone you trust walk it with you. Want to underwrite your own deal with the same tools Storage Moguls use? Start free - four AI tools built for storage, 106 masterclass episodes, zero cost.

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