CubeSmart

CubeSmart Announces the Date of Its First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Tuesday, April 2, 2024
CubeSmart, Webcast, Telephone

MALVERN, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2024 after the market close on Thursday, April 25, 2024.

Key Points: 
  • MALVERN, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended March 31, 2024 after the market close on Thursday, April 25, 2024.
  • An accompanying conference call will be held at 11:00 a.m.
  • A live webcast of the conference call will be available online from the investor relations page of the Company’s corporate website at www.cubesmart.com .
  • In addition, a telephonic replay of the call will be available through May 9, 2024 by dialing 1 (888) 660-6264 using conference number 93212#.

CubeSmart Declares First Quarter 2024 Dividend

Retrieved on: 
Monday, March 18, 2024
CubeSmart, Trustee

MALVERN, Pa., March 18, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending March 31, 2024.

Key Points: 
  • MALVERN, Pa., March 18, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending March 31, 2024.
  • The dividend is payable on April 15, 2024 to common shareholders of record on April 1, 2024.

CubeSmart Reports Fourth Quarter and Annual 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Acquisition, FFO, NOI, Tax, EPS, CubeSmart, Cryptocurrency

Net income attributable to the Company’s common shareholders was $112.7 million for the fourth quarter of 2023, compared with $81.9 million for the fourth quarter of 2022.

Key Points: 
  • Net income attributable to the Company’s common shareholders was $112.7 million for the fourth quarter of 2023, compared with $81.9 million for the fourth quarter of 2022.
  • FFO, as adjusted, was $158.4 million for the fourth quarter of 2023, compared with $152.3 million for the fourth quarter of 2022.
  • Same-store revenues for the fourth quarter of 2023 increased 0.4% and same-store operating expenses decreased 1.8% from the same quarter in 2022.
  • Same-store NOI increased 1.2% from the fourth quarter of 2022 to the fourth quarter of 2023.

CubeSmart Announces the Date of Its Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 31, 2024
Telephone, Webcast, CubeSmart

An accompanying conference call will be held at 11:00 a.m.

Key Points: 
  • An accompanying conference call will be held at 11:00 a.m.
  • A live webcast of the conference call will be available online from the investor relations page of the Company’s corporate website at www.cubesmart.com .
  • Telephone participants may join on the day of the call by dialing 1 (888) 575-5163 using conference ID 14924806.
  • In addition, a telephonic replay of the call will be available through March 14, 2024 by dialing 1 (877) 674-7070 using conference number 924806#.

CubeSmart Announces 4.1% Increase in Quarterly Common Dividend

Retrieved on: 
Thursday, December 7, 2023
Growth, Trustee, CubeSmart

MALVERN, Pa., Dec. 07, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending December 31, 2023.

Key Points: 
  • MALVERN, Pa., Dec. 07, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending December 31, 2023.
  • The dividend is payable on January 16, 2024 to common shareholders of record on January 2, 2024.
  • The quarterly distribution represents an annualized dividend rate of $2.04 per share, an increase of $0.08 per share from the previous annual rate of $1.96 per share.
  • “We are proud to announce the 14th consecutive annual increase to our dividend,” commented President and Chief Executive Officer Christopher P. Marr.

CubeSmart Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Sale, NYSE, Tax, Acquisition, FFO, EPS, NOI, CubeSmart, Rare-earth element, Security (finance), Video game, Cryptocurrency, Insurance, Bank

MALVERN, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2023.

Key Points: 
  • MALVERN, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2023.
  • Net income attributable to the Company’s common shareholders was $102.6 million for the third quarter of 2023, compared with $112.9 million for the third quarter of 2022.
  • FFO, as adjusted, was $154.0 million for the third quarter of 2023, compared with $150.0 million for the third quarter of 2022.
  • Same-store revenues for the third quarter of 2023 increased 2.3% and same-store operating expenses increased 3.0% from the same quarter in 2022.

CubeSmart Announces the Date of Its Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, October 12, 2023
Telephone, CubeSmart, NYSE

MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2023 after the market close on Thursday, November 2, 2023.

Key Points: 
  • MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2023 after the market close on Thursday, November 2, 2023.
  • An accompanying conference call will be held at 11:00 a.m.
  • A live webcast of the conference call will be available online from the investor relations page of the Company’s corporate website at www.cubesmart.com .
  • In addition, a telephonic replay of the call will be available through November 17, 2023 by dialing 1 (877) 674-7070 using conference number 497209#.

Self-storage and Moving Services Market size to increase by USD 18.29 billion from 2022 to 2026 | Reduced housing space due to increasing urban population density drives the market - Technavio

Retrieved on: 
Friday, September 8, 2023
Urbanization, Schroders, Theft, Housing, Food, Drink, Move, National Storage, Electronics, Telephone numbers in Hungary, Public Storage, YOY, USD, World Bank Group, DIY, Compound annual growth rate, Big Yellow Group, Nature, Life Storage, City, Growth, CubeSmart, Transport, Geography, Self storage, Video game

Reduced housing space due to increasing urban population density is notably driving the self-storage and moving services market growth.

Key Points: 
  • Reduced housing space due to increasing urban population density is notably driving the self-storage and moving services market growth.
  • This trend is poised to propel the growth of the global self-storage and moving services market throughout the forecast period.
  • The increase in global demand for the warehousing and storage market is one of the key drivers supporting the market growth.
  • The growth in real estate agencies is one of the key drivers supporting the moving services market growth in the US.

CubeSmart Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Advertising, FFO, Sun Belt, NOI, Growth, EPS, CubeSmart, Environment, NYSE, Rare-earth element, Video game, Cryptocurrency, Self storage

Net income attributable to the Company’s common shareholders was $97.9 million for the second quarter of 2023, compared with $58.4 million for the second quarter of 2022.

Key Points: 
  • Net income attributable to the Company’s common shareholders was $97.9 million for the second quarter of 2023, compared with $58.4 million for the second quarter of 2022.
  • FFO, as adjusted, was $149.5 million for the second quarter of 2023, compared with $140.2 million for the second quarter of 2022.
  • Same-store revenues for the second quarter of 2023 increased 4.6% and same-store operating expenses increased 3.6% from the same quarter in 2022.
  • Same-store NOI increased 5.0% from the second quarter of 2022 to the second quarter of 2023.

CubeSmart Declares Third Quarter 2023 Dividend

Retrieved on: 
Tuesday, July 25, 2023
CubeSmart, Trustee, NYSE, Rare-earth element

MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending September 30, 2023.

Key Points: 
  • MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending September 30, 2023.
  • The dividend is payable on October 16, 2023 to common shareholders of record on October 2, 2023.