How to Buy Cubesmart Stock
Cubesmart
Cubesmart is a industrial REIT company located in Pennsylvania, United States, which is part of the Real Estate sector, and is traded under the ticker CUBE on the NYSE exchange.
Cubesmart stock last closed at $42.05, up 0.45% from the previous day, and has decreased 9% in one year. It has underperformed other stocks in the REIT - Industrial industry by 0 percentage points. Cubesmart stock is currently +26.75% from its 52-week low of $33.18, and -12.05% from its 52-week high of $47.81.
At the moment, there are 224.95M CUBE shares outstanding. The market value of CUBE is $9.46B. In the past 24 hours, 868,975 CUBE shares were traded.
How to Buy Cubesmart Stock
Not sure how to invest in Cubesmart stock? Here's how.
- Choose where to buy Cubesmart stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Cubesmart stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Analyze Cubesmart stock: The Cubesmart ticker symbol is CUBE. Is Cubesmart stock a good investment? Should you buy shares of CUBE? How do CUBE's underlying business fundamentals look? Do top analysts think Cubesmart is a good buy? Why has CUBE's stock price moved recently? (Hint: Our stock research website can help you understand if CUBE is a good stock to buy).
- Place your CUBE buy order: Decide if you will purchase CUBE shares at the current market price or use a limit order to buy CUBE shares at a particular price.
- Get the latest scoop on your CUBE position: Create a watchlist to track your new investment in Cubesmart shares.
Step 1: Choose where to buy Cubesmart stock
You will need an online brokerage account in order to access the NYSE market and buy CUBE shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you are able to invest in CUBE stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the best beginner stock app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Analyze Cubesmart stock
Once you have selected the best place to buy Cubesmart stock, it's important to analyze their stock prior to investing, so you truly comprehend the risk and upside.
Cubesmart stock quick numbers
CUBE Zen Score
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CUBE's stock page.
How is CUBE stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CUBE's true value.
Using relative valuations ratios:
- CUBE may be undervalued based on its P/E ratio of 23.1x, relative to REIT - Industrial industry P/E ratio of 28.15x
- CUBE may be overvalued based on its P/B ratio of 3.38x, relative to REIT - Industrial industry P/B ratio of 2.03x
- CUBE could be overvalued based on its PEG ratio of 1.14x
You can access additional valuation analysis on CUBE's stock here.
A look at CUBE Cashflows and Balance Sheet
Positive Financial Indicators:
- CUBE's operating cash flow of $611.14M allows it to safely service it's debt of $2.99B.
- CUBE earnings of $503.82M is not enough to cover its interest payments.
- CUBE profit margin has gone up from 28.8% to 39.1% in the past year.
Negative Financial Indicators:
- Total CUBE debt is higher than 5 years ago, relative to shareholder equity.
- CUBE has a relatively high debt to equity ratio of 1.2.
Do Wall Street analysts think it's a good time to buy Cubesmart stock
Out of 9 Equities analysts who monitor CUBE, the consensus analyst rating on CUBE is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent CUBE Analyst Upgrades/Downgrades
Jonathan Petersen, a bottom 13% analyst from Jefferies upgrades CUBE to a strong buy rating and raises their CUBE price target from $38.00 to $53.00, on Jan 2, 2024.
Ki Bin Kim, a top 22% analyst from Truist Securities maintains CUBE with a hold rating and raises their CUBE price target from $43.00 to $46.00, on Dec 28, 2023.
Juan C. Sanabria, a top 28% analyst from BMO Capital upgrades CUBE to a buy rating and raises their CUBE price target from $46.00 to $49.00, on Dec 15, 2023.
Jeffrey Spector, a top 27% analyst from Bank of America downgrades CUBE to a hold rating and lowers their CUBE price target from $51.00 to $38.00, on Oct 30, 2023.
You can dig deeper into what analysts are saying on the Cubesmart stock forecast page.
CUBE Momentum
Is CUBE Making Money?
Last year, CUBE earnings were $410.76M. Over the past five year, CUBE's earnings have grown by 15.38% per year. This was faster than the REIT - Industrial industry average of 6.88%.
Last year, CUBE revenue was $1.05B. During the past five year, CUBE's revenue has increased by 11.93% per year. This was slower than the REIT - Industrial industry average of 18.67%.
Dig into CUBE's earnings and revenue performance here.
Latest Insiders Trades at CUBE
In the last 12 months, insiders at CUBE have bought more shares than they have sold.
Joel D. Keaton, COO of CUBE, was the latest CUBE insider to sell. They sold $357,783.03 worth of CUBE stock on Mar 4, 2024.
Learn more about who owns CUBE stock here.
Can I get consistent income from CUBE stock?
Cubesmart pays a dividend of 4.76%, compared to the REIT - Industrial industry's average dividend yield of 4.27%. If you owned $1,000 worth of CUBE stock, you would have been paid $47.56 in the past 12 months.
Cubesmart dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Cubesmart dividend yield and history here.
CUBE Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CUBE buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your CUBE position
Now that you own some shares in CUBE, you'll want to keep up with your new investment.
Start a watchlist to see the latest developments about your CUBE stock.
CUBE Feed
How to Buy Stock in Cubesmart
To summarize, here are the 6 steps you need to take to buy Cubesmart stock right now:
- Choose where to buy Cubesmart stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Cubesmart stock
- Place your CUBE buy order
- Get the latest scoop on your CUBE position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Cubesmart, create your watchlist below.
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