If You Invested $10K In CubeSmart Stock 10 Years Ago, How Much Would You Have Now?

CubeSmart CUBE is a self-administered and self-managed real estate investment trust. The company’s self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers.

It is set to report its Q1 2025 earnings on April 24. Wall Street analysts expect the company to post EPS of $0.65, up from $0.64 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $263.65 million, up from $261.41 million a year earlier.

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If You Bought CubeSmart Stock 10 Years Ago

The company's stock traded at approximately $23.70 per share 10 years ago. If you had invested $10,000, you could have bought roughly 422 shares. Currently, shares trade at $41.67, meaning your investment's value could have grown to $17,582 from stock price appreciation alone. However, CubeSmart also paid dividends during these 10 years.

CubeSmart's dividend yield is currently 5.11%. Over the last 10 years, it has paid about $13.80 in dividends per share, which means you could have made $5,823 from dividends alone.

Summing up $17,582 and $5,823, we end up with the final value of your investment, which is $23,405. 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 134.05%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 224.33%.

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What Could The Next 10 Years Bring?

CubeSmart has a consensus rating of "Neutral" and a price target of $48.18 based on the ratings of 18 analysts. The price target implies more than 15% potential upside from the current stock price.

On Feb. 27, the company announced its Q4 2024 earnings, posting adjusted EPS of $0.45, compared to the consensus estimate of $0.46, and revenues of $231.40 million, compared to the consensus of $266.395 million, as reported by Benzinga.

"Looking forward to 2025, we are optimistic that we have reached an inflection point in the trend of decelerating growth rates, although we remain cautious given the macro uncertainty. Our expectation is that self-storage fundamentals in 2025 will be consistent with the last two years as there is no obvious catalyst for a sharp acceleration. Self-storage remains a great business long-term, and we are well-positioned to create value through the continued evolution of our operating platform, our creative avenues for external growth, and our strong liquidity position," CEO Christopher P. Marr said.

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The company estimates that its fully diluted earnings per share for 2025 will be between $1.40 and $1.49. The fully diluted FFO per share is expected to be in the range of $2.50 to $2.59.

Check out this article by Benzinga for five 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 5.11% and consistent hikes. CubeSmart has raised its dividend consecutively for the last 15 years.

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