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Cubesmart (CUBE) stock

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NYSE: CUBE NYSE Self-Storage REITs

C+ Fundamentals grade

Cubesmart is a US-listed company in the self-storage REITs industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$46

Valuation models combined (2)

Base case. Range ~$40–$49. Weighted average of 2 models (funds-from-operations model, dividend discount (growing dividend)), the funds-from-operations model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds282 adding, 214 cuttingOf 53 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Cubesmart files

10-Q filed October 30: Cubesmart

Revenue for the twelve months to September 2026 was $1.15bn, up 3.3% on a year earlier, slower than the 3.9% growth a quarter earlier.

Source: 10-Q filed October 30, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Cubesmart stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.14bn, up 3.9% on a year earlier, slower than 5.0% a quarter earlier. Our valuation models combined value is $41.45 a share, against a share price of $39.31.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Cubesmart's trailing-twelve-month revenue grew 3.3% year on year, with a free-cash-flow margin of 31.4%. Where it lags: change in growth rate of -0.5pp ranks 5 of 5 self-storage reits companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 3.3% (-0.5pp vs the prior quarter), the 3rd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Strong cash generation. 31.4% of revenue turned into free cash flow.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 7.1% over 90 days.

Things to watch

  • Below peers: change in growth rate. Change in growth rate of -0.5pp ranks 5 of 5 self-storage reits companies we cover (median -0.1pp).
  • Below peers: revenue growth. Revenue growth of 3.3% ranks 4 of 5 self-storage reits companies we cover (median 4.1%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 30, 2026
Earnings per share
$0.42 against an average estimate of $0.42: missed by 0.2%
Revenue
$294m, up 3.1% on a year earlier
Share reaction
+7.8% in the first session after the results on October 30, 2026, against -2.2% for the S&P 500
Guidance given
fully diluted earnings per share $1.6 to $1.62 (2026); fully diluted FFO per share, as adjusted $2.58 to $2.6 (2026)
Next report
October 29, 2026; average EPS estimate $0.40

Cubesmart's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.6%
  • 1 week+10.3%
  • 1 month+18.0%
  • This year+30.0%
  • 1 year+24.4%
  • 5 years+1.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.1B
Net margin
30.2%
EPS (TTM, diluted)
$1.52

Growth

Revenue growth
+3.3%
Change in growth rate
−0.5 pts
Share count change
−0.6%

Earnings

Last results
October 30, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Results
  4. Agreement
  5. Results
  6. Results
  7. Results
  8. Dividend

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Cubesmart as an equity reit, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.68 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. ~$49 ~$41–$60 Primary model, counts double
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. ~$0.9 ~$22–$46 Left out: out of range vs price (0.02x)
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$40 ~$34–$49 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$46 ~$40–$49 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Cubesmart with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

77 /100

Strong moat

How hard Cubesmart's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Net income has been a median 4.5% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 69.0%, moving by 1.7 percentage points (standard deviation) across 8 years.

  • Durability 20 / 20

    Net margin has been a median 29.2%; its worst year was 24.8%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 8 of 8 years, at a median 30.1% of revenue.

  • Discipline 12 / 20

    The diluted share count rose 13.3% over five years; stock-based pay has been a median 0.7% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Cubesmart: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $1.52 +4% $1.1bn +1%
Next $1.59 +5% $1.2bn +3%

Next year's EPS estimate has moved +7.1% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.4% on 90 days ago. In the last 30 days, 2 analysts raised Cubesmart's forecast and 0 cut it.

Consensus EPS forecast Cubesmart, last 90 days
$1.45 $1.50 $1.55 $1.60 $1.65 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.46 Current fiscal year, 60 days ago: $1.54 Current fiscal year, 30 days ago: $1.49 Current fiscal year, 7 days ago: $1.52 Current fiscal year, Now: $1.52 $1.52 Next fiscal year, 90 days ago: $1.48 Next fiscal year, 60 days ago: $1.54 Next fiscal year, 30 days ago: $1.57 Next fiscal year, 7 days ago: $1.60 Next fiscal year, Now: $1.59 $1.59

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.46$1.48
60 days ago $1.54$1.54
30 days ago $1.49$1.57
7 days ago $1.52$1.60
Now $1.52$1.59

Earnings against estimates

Cubesmart: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Sept 2026 $0.42 $0.42 −0.2%
Jun 2026 $0.36 $0.39 +7.2%
Mar 2026 $0.34 $0.36 +4.6%
Dec 2025 $0.37 $0.34 −8.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 30, 2026
  • fully diluted earnings per share 2026 $1.60 to $1.62 GAAP
    “The Company estimates that its fully diluted earnings per share for 2026 will be between $1.60 and $1.62, and that its fully diluted FFO per share, as adjusted, for 2026 will be between $2.58 and $2.60.” source
  • fully diluted FFO per share, as adjusted 2026 $2.58 to $2.60 Non-GAAP Raised
    “The Company estimates that its fully diluted earnings per share for 2026 will be between $1.60 and $1.62, and that its fully diluted FFO per share, as adjusted, for 2026 will be between $2.58 and $2.60.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

18 analysts, Oct 2026
Buy844%
Hold1056%
Sell00%

Monthly trend

  1. Oct 2026441018
  2. Sep 2026441018
  3. Aug 2026441018
  4. Jul 2026441018

Counts of recommendations published by analysts covering Cubesmart, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.4%
of tradable shares
Days to cover
3
at average volume
Short interest, 1 month
−3%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.9%
of shares
Employees
3,121
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +24.4%

$35.58 on October 31, 2025 to $44.27

Cubesmart: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.1bn $1.1bn +3.9%
Net margin 34.3% 29.4% −14.2%
P/E multiple 21.7x 30.3x +39.5%
Share count 228m 228m 0.0%

Biggest factor: p/e multiple.

Last 3 years +42.0%

$31.19 on November 3, 2023 to $44.27

Cubesmart: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.0bn $1.1bn +9.3%
Net margin 37.5% 29.4% −21.6%
P/E multiple 18.1x 30.3x +67.5%
Share count 226m 228m −1.0%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Cubesmart: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
CUBE+75%−26%+21%−5%−12%+30%
Industry peers (median)+67%−20%+14%+2%−9%+25%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CUBE83%33%42%67%25%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CUBE−12%−33%−30%−23%−17%−14%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 41% from September 4, 2019 to March 23, 2020. Getting back needed a 71% gain, reached on October 12, 2020, 203 days after the low.

Price behaviour

52-week range
$33.40 – $44.27
From 52-week high
0.0%
vs 50-day average
+13.7%
vs 200-day average
+14.4%
Volatility (1 year)
22%
Beta vs S&P 500
0.21

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±2.7%
After a week
6 up, 5 down
typical move ±1.9%
After a month
3 up, 8 down
typical move ±4.7%
Cubesmart: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 30, 2026 +7.8% −2.2% — —
September 14, 2026 +1.0% −0.9% +0.5% −2.9%
July 31, 2026 +1.5% +2.2% +1.3% −3.7%
June 1, 2026 −1.4% +0.4% +0.4% +1.7%
May 14, 2026 −3.8% −0.4% +0.6% +3.6%
May 4, 2026 −2.4% +0.4% +1.7% −2.6%
May 1, 2026 −3.5% −0.1% 0.0% −2.6%
March 2, 2026 −0.2% −0.8% −2.6% −10.9%
February 27, 2026 +4.1% −0.4% 0.0% −10.7%
January 7, 2026 +1.7% −0.3% +6.2% +5.4%
December 2, 2025 +0.2% +0.5% −3.7% −2.7%
October 31, 2025 −5.3% +0.5% −3.9% −5.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Cubesmart
$1.1B $1.1B $1.2B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.1B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $1.1B Revenue (TTM), FY24 Q3: $1.1B Revenue (TTM), FY24 Q4: $1.1B Revenue (TTM), FY25 Q1: $1.1B Revenue (TTM), FY25 Q2: $1.1B Revenue (TTM), FY25 Q3: $1.1B Revenue (TTM), FY25 Q4: $1.1B Revenue (TTM), FY26 Q1: $1.1B Revenue (TTM), FY26 Q2: $1.1B Revenue (TTM), FY26 Q3: $1.1B $1.1B

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1.1B
FY24 Q1 $1.1B
FY24 Q2 $1.1B
FY24 Q3 $1.1B
FY24 Q4 $1.1B
FY25 Q1 $1.1B
FY25 Q2 $1.1B
FY25 Q3 $1.1B
FY25 Q4 $1.1B
FY26 Q1 $1.1B
FY26 Q2 $1.1B
FY26 Q3 $1.1B
Revenue growth, TTM YoY Cubesmart
0% 2% 4% 6% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 4.0% Revenue growth, TTM YoY, FY24 Q1: 2.7% Revenue growth, TTM YoY, FY24 Q2: 2.0% Revenue growth, TTM YoY, FY24 Q3: 1.7% Revenue growth, TTM YoY, FY24 Q4: 1.5% Revenue growth, TTM YoY, FY25 Q1: 2.1% Revenue growth, TTM YoY, FY25 Q2: 3.1% Revenue growth, TTM YoY, FY25 Q3: 4.2% Revenue growth, TTM YoY, FY25 Q4: 5.3% Revenue growth, TTM YoY, FY26 Q1: 5.0% Revenue growth, TTM YoY, FY26 Q2: 3.9% Revenue growth, TTM YoY, FY26 Q3: 3.3% 3.3%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 4.0%
FY24 Q1 2.7%
FY24 Q2 2.0%
FY24 Q3 1.7%
FY24 Q4 1.5%
FY25 Q1 2.1%
FY25 Q2 3.1%
FY25 Q3 4.2%
FY25 Q4 5.3%
FY26 Q1 5.0%
FY26 Q2 3.9%
FY26 Q3 3.3%
FCF margin (TTM) Cubesmart
30% 35% 40% 45% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 38.9% FCF margin (TTM), FY24 Q1: 39.9% FCF margin (TTM), FY24 Q2: 40.4% FCF margin (TTM), FY24 Q3: 37.9% FCF margin (TTM), FY24 Q4: 39.7% FCF margin (TTM), FY25 Q1: 38.1% FCF margin (TTM), FY25 Q2: 34.9% FCF margin (TTM), FY25 Q3: 35.1% FCF margin (TTM), FY25 Q4: 31.0% FCF margin (TTM), FY26 Q1: 30.8% FCF margin (TTM), FY26 Q2: 30.4% FCF margin (TTM), FY26 Q3: 31.4% 31.4%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 38.9%
FY24 Q1 39.9%
FY24 Q2 40.4%
FY24 Q3 37.9%
FY24 Q4 39.7%
FY25 Q1 38.1%
FY25 Q2 34.9%
FY25 Q3 35.1%
FY25 Q4 31.0%
FY26 Q1 30.8%
FY26 Q2 30.4%
FY26 Q3 31.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cubesmart: annual financial statements
Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 559 598 644 679 823 1,010 1,050 1,066 1,123 1,145
Gross profit 377 401 434 456 570 716 756 748 772 775
EBITDA 341 — — — — — — — — —
Operating income 196 — — — — — — — — —
Net income 134 164 169 166 223 291 411 391 334 346
Diluted EPS $0.74 $0.88 $0.88 $0.85 $1.09 $1.29 $1.82 $1.72 $1.46 $1.52
Growth (year on year)
Revenue — +7.0% +7.7% +5.5% +21.1% +22.7% +4.0% +1.5% +5.3% +3.3%
Net income — +22.0% +3.2% −2.1% +34.9% +30.3% +41.0% −4.8% −14.7% −3.2%
Diluted EPS — +18.9% 0.0% −3.4% +28.2% +18.3% +41.1% −5.5% −15.1% −2.6%
Margins
Gross margin 67.5% 67.1% 67.4% 67.1% 69.4% 71.0% 71.9% 70.2% 68.7% 67.6%
EBITDA margin 61.1% — — — — — — — — —
Operating margin 35.0% — — — — — — — — —
Net margin 24.0% 27.4% 26.3% 24.4% 27.2% 28.8% 39.1% 36.7% 29.7% 30.2%
Free-cash-flow margin 37.8% 12.8% 33.2% — — — — 55.2% 54.2% —
Cash flow
Cash from operations 292 304 332 351 449 591 611 631 609 601
Capital spending 81 228 118 — — — — 42 0 —
Free cash flow 211 77 213 — — — — 589 609 —
Stock-based pay 6 6 7 7 8 9 10 11 12 13
Free cash flow after stock pay 206 71 207 — — — — 577 597 —
Balance sheet
Cash 5 4 55 4 11 6 7 72 6 14
Total debt 1,600 1,747 1,932 2,365 — 0 0 0 0 0
Net debt (negative = net cash) 1,595 1,743 1,877 2,361 −11 −6 −7 −72 −6 −14
Diluted shares 181m 185m 192m 195m 205m 226m 226m 227m 229m 228m
Returned to shareholders
Dividends 195 221 244 256 274 387 442 462 476 481
Buybacks — — — — — — — — 32 —
Total returned 195 221 244 256 274 387 442 462 508 481

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$481M
Returned to shareholders
134%
of free cash flow
Diluted share count
−0.6%
year over year
Total shareholder yield
4.9%
dividends 4.9% + buybacks 0.0% of market value
Dividend payout ratio
139%
of net income paid out

Competitors: side by side with peers

Closest by revenue in self-storage reits
Growth, margins and cash generation against peers
Last 12 months unless stated CUBE EXR SMA PSA SELF Median
Revenue, last 12 months $1.1bn $3.5bn $306m $5.0bn $13m $1.1bn
Revenue growth, last 12 months 3.3% 4.1% 21.1% 5.2% 0.5% 4.1%
Revenue growth, 3-year average 3.1% 15.3% 10.1% 4.2% 1.4% 4.2%
Revenue growth, latest quarter 3.1% 3.6% 18.6% 11.6% 0.6% 3.6%
Gross margin 67.6% 73.0% 59.8% 72.0% — 69.8%
Operating margin — 43.8% 21.4% 51.6% 20.9% 32.6%
Operating margin, 3-year average — 41.9% 25.3% 52.9% 22.9% 33.6%
Net margin 30.2% 29.9% 9.4% 37.8% 16.6% 29.9%
Cash from operations / revenue 52.5% 55.0% 36.0% 59.7% 33.3% 52.5%
Free-cash-flow margin 31.4% 44.7% 10.4% 34.2% 20.4% 31.4%
Free-cash-flow margin, 3-year average 34.8% 44.4% 0.7% 40.3% 22.0% 34.8%
Stock pay / revenue 1.1% 1.1% 4.8% 0.9% 2.9% 1.1%
Change in share count −0.6% 2.8% — 1.4% 0.5% 0.9%

Median of all 5 companies we cover in self-storage reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

5 self-storage reits companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 3.3% 4.1% 4 of 5
Change in growth rate Growth -0.5pp -0.1pp 5 of 5
Net margin Profitability 30.2% 29.9% 2 of 5
Stock pay as % of revenue Cash generation 1.1% 1.1% 2 of 5

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Real Estate Other $126M ▲ 11.1%
Management Service $40.2M ▼ 2.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Cubesmart's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$9.2B
Institutions reporting
516
Shares held vs prior quarter
▲ 9.4%
Positions opened / closed
87 / 57

Top buyers and sellers, Q2 2026: 282 institutions bought and 214 sold ; the biggest buyer was Cohen & Steers, Inc (+7.2M shares) and the biggest seller Invesco Ltd (−2.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.3B 33.9M 14.7% ▲ 2.1%
Vanguard Portfolio Management LLC $775M 19.5M 8.5% ▲ 0.3%
Norges Bank $487M 12.2M 5.3% —
State Street Corp $439M 11.0M 4.8% ▼ 1.4%
Vanguard Capital Management LLC $407M 10.2M 4.4% 0.0%
FMR LLC $299M 7.5M 3.3% ▲ 1.5%
AQR Capital Management LLC $290M 7.3M 3.2% ▲ 239.5%
Canada Pension Plan Investment Board $289M 7.3M 3.1% ▼ 0.2%
Cohen & Steers, Inc. $287M 7.2M 3.1% New
Price T Rowe Associates Inc $280M 7.0M 3.0% ▼ 7.4%
Geode Capital Management, LLC $190M 4.8M 2.1% ▲ 0.3%
Charles Schwab Investment Management Inc $150M 3.8M 1.6% ▲ 4.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Cubesmart's complete shareholder register. Values are as reported by the filers ; 3 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Marr Christopher P CEO June 10, 2026 Sell 108,932 $42.24 $4.6M
Foster Jeffrey P CLO & Secretary March 3, 2026 Sell 23,148 $41.02 $949,531
Marr Christopher P CEO December 15, 2025 Sell 679 $36.55 $24,817
Marr Christopher P CEO December 12, 2025 Sell 46,925 $36.55 $1.7M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Cubesmart disclosed in the last 12 months; 3 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded August 13, 2025, filed September 12, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded August 4, 2025, filed September 12, 2025
  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 12, 2023, filed August 13, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

  • October 30, 2026
  • September 14, 2026
  • July 31, 2026
  • June 1, 2026
  • May 14, 2026
  • May 4, 2026

Recent SEC filings

Data status

When each part of this page on Cubesmart was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Cubesmart in brief

What does Cubesmart do?
Cubesmart is a US-listed company in the self-storage REITs industry. Its financial year ends in December.
What is Cubesmart's stock ticker?
Cubesmart trades under the ticker CUBE on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Cubesmart's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Cubesmart reported revenue of $1.1B, 3.3% higher than a year earlier, according to its SEC filings.
What is Cubesmart's free cash flow?
Cubesmart's free-cash-flow margin is 31.4% of revenue over the trailing twelve months.
Who are Cubesmart's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Norges Bank. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Cubesmart's market cap?
On November 2, 2026, Cubesmart's market capitalisation was about $10.1B, with a price-to-earnings ratio of 29.2 and net debt of -$14.3M. Market figures come from third-party market data and may be delayed.
Does Cubesmart pay a dividend?
Yes: Cubesmart paid $481M in dividends over the trailing twelve months, a dividend yield of 4.86% and a payout ratio of 139.1%.
Who are Cubesmart's competitors?
In our Self-Storage REITs peer group, the companies closest to Cubesmart are Extra Space Storage, Smartstop Self Storage Reit, Inc., Public Storage and Global Self Storage, Inc. The side-by-side comparison below sets their revenue, margins and growth against Cubesmart's.
Are insiders buying or selling Cubesmart stock?
Over the last 12 months, Cubesmart's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.