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CubeSmart

CubeSmart

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Real EstateReal Estate Investment Trusts
  • Price (USD)47.84
  • Today's Change-0.43 / -0.89%
  • Shares traded1.88m
  • 1 Year change+40.33%
  • Beta0.8468
Data delayed at least 15 minutes, as of Oct 31 2024 23:00 BST.
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About the company

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer climate-controlled storage space for residential and commercial customers. It owns its assets and conducts its operations through the CubeSmart, L.P. (Operating Partnership), and subsidiaries of the Operating Partnership. Its customers rent storage cubes for their exclusive use, on a month-to-month basis. Additionally, some of its stores offer outside storage areas for vehicles and boats. Its stores are designed to accommodate both residential and commercial customers, with features, such as wide aisles and load-bearing capabilities for large truck access. Its customers can access their storage cubes during business hours, and some of its stores provide customers with 24-hour access. It owns about 611 self-storage properties located in 24 states and in the district of Columbia, containing an aggregate of about 44.1 million rentable square feet.

  • Revenue in USD (TTM)1.06bn
  • Net income in USD403.80m
  • Incorporated2004
  • Employees3.04k
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Institutional shareholders

50.12%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Jun 202431.22m13.86%
BlackRock Fund Advisorsas of 30 Jun 202422.44m9.96%
SSgA Funds Management, Inc.as of 30 Sep 202411.21m4.98%
Fidelity Management & Research Co. LLCas of 30 Jun 202411.16m4.95%
Norges Bank Investment Managementas of 30 Jun 20249.73m4.32%
FIAM LLCas of 30 Jun 20246.79m3.02%
RREEF America LLCas of 30 Jun 20245.36m2.38%
T. Rowe Price Investment Management, Inc.as of 30 Jun 20245.36m2.38%
Allspring Global Investments LLCas of 30 Sep 20245.05m2.24%
Resolution Capital Ltd.as of 30 Jun 20244.54m2.02%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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