CUBE
Price:
$36.81
Market Cap:
$8.39B
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Industry
REIT - Industrial
IPO Date
2004-10-22
Stock Exchange
NYSE
Ticker
CUBE
According to CubeSmart’s latest financial reports and current stock price. The company's current ROE is 12.60%. This represents a change of 300.32% compared to the average of 3.15% of the last 4 quarters.
The mean historical ROE of CubeSmart over the last ten years is 9.28%. The current 12.60% ROE has changed 35.85% with respect to the historical average. Over the past ten years (40 quarters), CUBE's ROE was at its highest in in the September 2021 quarter at 4.55%. The ROE was at its lowest in in the March 2022 quarter at 0.54%.
Average
9.28%
Median
9.27%
Minimum
4.73%
Maximum
14.68%
Discovering the peaks and valleys of CubeSmart ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 159.59%
Maximum Annual ROE = 14.68%
Minimum Annual Increase = -13.90%
Minimum Annual ROE = 4.73%
| Year | ROE | Change |
|---|---|---|
| 2024 | 13.62% | -7.19% |
| 2023 | 14.68% | 42.41% |
| 2022 | 10.31% | 32.42% |
| 2021 | 7.78% | -13.90% |
| 2020 | 9.04% | -4.76% |
| 2019 | 9.49% | -0.99% |
| 2018 | 9.59% | 16.29% |
| 2017 | 8.24% | 55.23% |
| 2016 | 5.31% | 12.29% |
| 2015 | 4.73% | 159.59% |
The current ROE of CubeSmart (CUBE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.87%
5-year avg
11.08%
10-year avg
9.28%
CubeSmart’s ROE is less than Rexford Industrial Realty, Inc. (3.85%), less than Federal Realty Investment Trust (10.82%), less than EastGroup Properties, Inc. (7.33%), less than First Industrial Realty Trust, Inc. (8.93%), less than Brixmor Property Group Inc. (11.22%), less than STAG Industrial, Inc. (6.99%), greater than Lineage, Inc. (-2.07%), less than NNN REIT, Inc. (8.95%),
| Company | ROE | Market cap |
|---|---|---|
| 3.85% | $10.08B | |
| 10.82% | $8.38B | |
| 7.33% | $9.63B | |
| 8.93% | $7.52B | |
| 11.22% | $7.73B | |
| 6.99% | $7.26B | |
| -2.07% | $8.23B | |
| 8.95% | $7.72B |
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What is the 5-year average ROE for CubeSmart (CUBE)?
How does the current ROE for CubeSmart (CUBE) compare to its historical average?