CUBE Profile
CubeSmart (CUBE) is a self-administered and self-managed real estate investment trust (REIT) that owns and operates self-storage facilities in the United States. The company's properties offer a range of storage options, including personal and business storage solutions, vehicle storage, and climate-controlled storage.
As of its last market close, CUBE had a market capitalization of approximately $11.4 billion USD. The company had a trailing twelve-month revenue of approximately $1.4 billion USD and a net income of approximately $233 million USD. CUBE's stock price had a 52-week range of $28.68 - $51.03 USD and was trading at approximately $46.79 USD at the time of its last market close.
CubeSmart is focused on providing its customers with a high-quality storage experience, and the company's properties are designed to be safe, secure, and convenient for customers. The company is also focused on pursuing growth opportunities, both through the acquisition of new properties and through the development of new facilities.
Investing in CubeSmart carries risks, including risks associated with changes in economic conditions and the competitive landscape of the self-storage industry, as well as risks associated with changes in real estate values and interest rates. Additionally, the company is subject to operational risks, including risks associated with the management of its properties and the maintenance of its storage facilities. Investors should carefully consider these risks before making any investment decisions.
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