Latest news with #CubeSmart
Yahoo
29-06-2025
- Business
- Yahoo
If You Invested $10K In CubeSmart Stock 10 Years Ago, How Much Would You Have Now?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. CubeSmart (NYSE:CUBE) is a real estate investment trust that invests in self-storage facilities in the U.S. It is set to report its Q2 2025 earnings on July 31. Wall Street analysts expect the company to post EPS of $0.63, down from $0.64 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $275.71 million, up from $266.21 million a year earlier. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. The company's stock traded at approximately $23.29 per share 10 years ago. If you had invested $10,000, you could have bought roughly 429 shares. Currently, shares trade at $43.11, meaning your investment's value could have grown to $18,510 from stock price appreciation alone. However, CubeSmart also paid dividends during these 10 years. CubeSmart's dividend yield is currently 4.82%. Over the last 10 years, it has paid about $14.84 in dividends per share, which means you could have made $6,372 from dividends alone. Summing up $18,510 and $6,372, we end up with the final value of your investment, which is $24,882. This is how much you could have made if you had invested $10,000 in CubeSmart stock 10 years ago. This means a total return of 148.82%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 246.30%. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. CubeSmart has a consensus rating of "Buy" and a price target of $48.28 based on the ratings of 19 analysts. The price target implies a nearly 12% potential upside from the current stock price. The company on May 1 announced its Q1 2025 earnings, posting FFO of $0.64, compared to the consensus estimate of $0.63, and revenues of $273.04 million, compared to the consensus of $264.82 million, as reported by Benzinga. "The first quarter represented a positive start to the year, with improving occupancy and rate trends driven by solid demand," said CEO Christopher P. Marr. "Our high-quality portfolio with its focus on top-tier markets uniquely positions us to perform during uncertain economic climates." For its full-year 2025, the company estimates diluted EPS in the range of $1.41 and $1.49. Diluted FFO per share is expected to be between $2.51 and $2.59. Check out this article by Benzinga for eight analysts' insights on CubeSmart. Given the expected upside potential, growth-focused investors may find CubeSmart stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.82% and consistent hikes. CubeSmart has raised its dividend consecutively for the last 15 years. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Book your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. This article If You Invested $10K In CubeSmart Stock 10 Years Ago, How Much Would You Have Now? originally appeared on
Yahoo
26-06-2025
- Business
- Yahoo
What Makes CUBE a Reliable Income Play?
CubeSmart (NYSE:CUBE) is one of the Best REIT Dividend Stocks to Buy in 2025. A row of self-storage units in a self-storage complex, showing the affordability and security offered by the company. The company has delivered solid returns over the past decade, with a total return of roughly 84%. Its performance has been supported by rising demand in the self-storage sector. Data from Yardi Matrix shows that the industry added an average of 439 new facilities annually between 2010 and 2019. That figure jumped to 735 per year from 2020 to 2023, reflecting growing consumer and business need for storage space. CubeSmart (NYSE:CUBE) has also proven itself as a dependable dividend stock, having increased its payout for 16 consecutive years. Over the past five years, it has raised its dividend at an average annual rate of 9.6%, backed by strong financials. Over the last twelve months, the company generated $627.2 million in operating cash flow and $486.5 million in free cash flow. CubeSmart (NYSE:CUBE) operates as a self-administered, self-managed REIT focused on providing affordable, accessible, and— at many locations— climate-controlled storage solutions for both residential and commercial clients. As noted in the 2025 Self-Storage Almanac, it ranks among the top three self-storage owners and operators in the US. CubeSmart (NYSE:CUBE) currently offers a quarterly dividend of $0.52 per share and has a dividend yield of 4.85%, as of June 23. While we acknowledge the potential of CUBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Business
- Yahoo
Circle initiated, Charter upgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Upgrades: Wolfe Research upgraded Charter (CHTR) to Peer Perform from Underperform without a price target. President Trump's "Big Beautiful Bill" seems likely to reinstate 100% bonus depreciation, notes the firm, which estimates the five major connectivity providers could cumulatively gain $10.5B of cash tax relief in 2025 alone. Wells Fargo upgraded Mondelez (MDLZ) to Overweight from Equal Weight with a price target of $78, up from $68. The firm sees the "intersection" of price execution, "ever-muted" inflation in 2026 and a low relative valuation creating the "optimal bull case" for Mondelez. BMO Capital upgraded CubeSmart (CUBE) to Outperform from Market Perform with a $49 price target, up from $48, and moved to the analyst's top pick in storage. The firm sees CubeSmart's more urban exposure versus peers, exemplified in leading demographics, as likely to continue to outperform, particularly in New York City. Stifel upgraded EPR Properties (EPR) to Buy from Hold with a price target of $65, up from $52, visiting the company. With improvements in the share price and cost of capital, the company "can once again return to reasonable external growth," the firm tells investors in a research note. Top Downgrades: William Blair downgraded Sarepta (SRPT) to Market Perform from Outperform without a price target. The reduction in peak revenue opportunity following second case of fatal acute liver failure due to Elevidys treatment and "growing number of uncertain variables will be a deterrent for investors," the firm tells investors in a research note. Argus downgraded Campbell's (CPB) to Hold from Buy. The firm believes that valuations on the stock are reasonable given the company's weak volume and "less than robust" outlook, though it would look to upgrade on signs of sustained volume and margin growth. Oppenheimer downgraded Johnson Controls (JCI) to Perform from Outperform on valuation. Following re-rating during the June quarter, valuation now sits at historical highs across multiple metrics, the firm notes. BMO Capital downgraded Public Storage (PSA) to Market Perform from Outperform with a $325 price target. The firm remains positive on Public Storage's long-term fundamentals but says the shares have outperformed over the past year. Stifel downgraded Jack in the Box (JACK) to Hold from Buy with a price target of $20, down from $32. The Trump administration's aggressive immigration policies are likely to create a "significant sales headwind for an unpredictable period." Top Initiations: Seaport Research initiated coverage of Circle (CRCL) with a Buy rating and $235 price target, telling investors that the firm views Circle as "a top-tier crypto 'disruptor' with a sizeable future opportunity." Janney Montgomery Scott initiated coverage of Everest Group (EG) with a Buy rating and $425 fair value estimate. Everest is a "top-tier" global property and casualty reinsurer with a growing primary insurance business with "a long-term track record of strong performance," having generated a median operating return on equity of 12% and average annual growth in shareholder value of 11% over the last 25 years, the firm tells investors. Macquarie initiated coverage of Sportradar (SRAD) with an Outperform rating and $32 price target. The market is still underestimating more U.S. state legalization, the in-play betting shift, and further market penetration in international markets, contends the firm, which doesn't think Sportradar's current valuation is reflective of OSB in California and Texas nor a U.S. in-play shift above 50% this decade. Wolfe Research initiated coverage of TPG (TPG) with an Outperform rating and $60 price target, representing over 20% upside. The firm sees "several ways" for TPG to generate high-teens fee-related earnings growth through 2027. Wells Fargo initiated coverage of Metsera (MTSR) with an Overweight rating and $65 price target. Wells sees a good risk/reward at current levels, saying data over the next year will strengthen Metsera's "differentiated profile." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Technical.ly
10-06-2025
- Business
- Technical.ly
This Week in Jobs: Kick off 'hot labor summer' with these 20 tech career opportunities
Summer's here — we've got Pride, crowded beaches and it's looking like we may be entering another hot labor summer. The term 'hot labor summer' was coined in 2023 for that particularly heated season for unions and the labor force, with workers rallying for improved contracts from companies including Starbucks, UPS and Philadelphia International Airport. Philadelphia was seen as the epicenter of Hot Labor Summer, though it was nationwide. This year, a lot of labor activity surrounds federal union cuts, after executive orders left federal employees with reduced collective bargaining rights, leading to widespread protests, including in DC and Pittsburgh. In the private sector, labor disputes continue between workers and companies including Starbucks and Amazon. This might seem discouraging as you search for a new job, but labor disputes and even strikes keep people across industries — including tech — in better, safer jobs with better benefits. And if you land a job where those things are lacking, the IFTP (International Federation of Professional and Technical Engineers) represents tech and game employees. Here's to finding a job with fair pay, a clear growth path and people who say what they mean. The News 1Philadelphia executive director Danae Mobley reflects on Philly Tech Week 2025: 'What stood out most for me wasn't just the scale of the week — it was the energy.' Speaking of Philly Tech Week, learn about the , including winner Sync Labs. Here's June's monthly roundup of in-person and virtual tech community events. Pittsburgh's AI and tech workforce is growing with the help of $2.6M from RK Mellon Foundation. This month's Builders Live podcast explores how local governments can back the entrepreneurs building their regions' futures. Techstars announces AI Health accelerator will stay in Baltimore. From NBA intern to county web admin, a young technologist has reached one goal — and is ready for the next. With federal support for robotics and defense, this Pennsylvania town is reinventing itself. Partner Spotlight How does CubeSmart provide innovative solutions to its customers? Leveraging Digital Platforms — replicate the in-person experience across all customer touch points. Omni-Channel Experience — a fully integrated experience where customers can seamlessly transition between various channels and platforms. Customer Preference — provide optionality to meet the customer in the way they wish to interact. Award Winning Customer Service — continue to provide industry-leading service both in-store and across all digital platforms. Learn more about CubeSmart's tech culture and explore career opportunities. The Jobs Greater Philly Software company Certara is seeking a Senior Software Engineer. Kleer and Membersy is hiring a Director of IT. Susquehanna International Group in Bala Cynwyd is looking for a Database Engineer to join its EOT Production Services Team. The Pennsylvania Horticultural Society needs an IT Support Specialist. Temple Health has a listing for a hybrid Application Analyst. DC + Baltimore Brooksource needs a Business Analyst. DataAnnotation is looking for Data Engineers to help train AI models. Music tech org Sound Exchange needs a Manager of its Digital Workplace. Montgomery County Government has a listing for Information Technology Manager (Manager III, Grade M3). Prince William County is seeking an IT Specialist. Pittsburgh Primanti Bros. Restaurant needs a Director of IT. 1Path is seeking a Service Desk Technician l. Habitat for Humanity is hiring an Application Analyst III. Remote The End Let the summer of jobs begin!
Yahoo
07-06-2025
- Yahoo
Customers say thieves keep breaking into their storage units in DeKalb County
Customers renting from Cube Smart on Redwing Circle in DeKalb County are frustrated. They tell Channel 2's Cory James that for months thieves have been breaking into storage units and stealing belongings. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] Joe Grier says he had his 'pressure washer stolen and laptops.' 'You can't feel comfortable, you can't get up in the morning, because you're afraid you're going to come over here and your stuff is gone,' said Grier. TRENDING STORIES: Body of missing 17-year-old boater found in Allatoona Lake Traffic for Rick Ross Car Show to run much more smoothly this weekend, officials say Property owner says city started demolishing the wrong home, 'put a hole on my property' Three of the customers said they are out of thousands of dollars along with items that can't be replaced. According to Grier, the thieves are breaking through drywall to get from unit to unit without being caught on security cameras. An employee told Channel 2 that they were not authorized to comment on what was happening. James sent multiple requests and also called but he company never got back to him. DeKalb County Police were out at the facility Friday night. [SIGN UP: WSB-TV Daily Headlines Newsletter]
