Form 144 Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | |
FORM 144 |
144: Filer Information
Filer CIK | 0001185498 |
Filer CCC | XXXXXXXX |
Is this a LIVE or TEST Filing? | LIVE TEST |
Submission Contact Information | |
Name | |
Phone | |
E-Mail Address |
144: Issuer Information
Name of Issuer | CubeSmart |
SEC File Number | 001-32324 |
Address of Issuer | 5 OLD LANCASTER ROAD MALVERN PENNSYLVANIA 19355 |
Phone | 610-535-5700 |
Name of Person for Whose Account the Securities are To Be Sold | MARR CHRISTOPHER P |
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
| |
Relationship to Issuer | Officer |
144: Securities Information
Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
common | Vanguard Brokerage Services Get the next $CUBE alert in real time by email5951 Luckett Court Suite A1 El Paso Recent Analyst Ratings for |
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/13/2024 | $53.00 → $54.00 | Buy → Neutral | UBS |
9/10/2024 | $56.00 | Outperform | RBC Capital Mkts |
8/22/2024 | $53.00 | Sector Outperform | Scotiabank |
5/29/2024 | $50.00 → $47.00 | Outperform → Market Perform | BMO Capital Markets |
3/27/2024 | $48.00 | Equal Weight | Barclays |
1/30/2024 | $40.00 | Sell | Deutsche Bank |
1/2/2024 | $38.00 → $53.00 | Hold → Buy | Jefferies |
12/15/2023 | $46.00 → $49.00 | Market Perform → Outperform | BMO Capital Markets |
(CUBE) - Analyzing CubeSmart's Short Interest
CubeSmart's (NYSE:CUBE) short percent of float has fallen 14.39% since its last report. The company recently reported that it has 5.62 million shares sold short, which is 3.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.24 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
Raymond James Maintains Outperform on CubeSmart, Raises Price Target to $50
Raymond James analyst Jonathan Hughes maintains CubeSmart (NYSE:CUBE) with a Outperform and raises the price target from $48 to $50.
Fed Rate Cut Expectations Drop Mortgage Rates To 4-Month Lows: Surge In New Applications, Refinance Demand
The anticipation of Federal Reserve rate cuts is starting to have a favorable impact on the real estate mortgage market. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased by 13 basis points to 6.87% for the week ending July 12, 2024, down from 7% the prior week, as reported by the Mortgage Bankers Association Wednesday. This decline represents the most significant drop in borrowing costs in around four months and the lowest rate since early March. Fed Rate Cut Bets, Lower Treasury Yields Push Mortgage Rates Down The reduction was largely propelled by rising expectations on Fed rate cuts and the fall i
Chief Human Resources Officer Schulte Jennifer exercised 15,942 units of Common at a strike of $33.61 and sold $837,919 worth of Common (15,942 units at $52.56) (SEC Form 4)
4 - CubeSmart (0001298675) (Issuer)
Chief Accounting Officer Denarie Matthew D sold $46,560 worth of Common (868 units at $53.64), decreasing direct ownership by 5% to 17,081 units (SEC Form 4)
4 - CubeSmart (0001298675) (Issuer)
CFO Martin Timothy M exercised 30,765 units of Common at a strike of $25.00 and sold $1,507,974 worth of Common (30,765 units at $49.02) (SEC Form 4)
4 - CubeSmart (0001298675) (Issuer)
SEC Form SC 13G/A filed by CubeSmart (Amendment)
SC 13G/A - CubeSmart (0001298675) (Subject)
SEC Form SC 13G/A filed by CubeSmart (Amendment)
SC 13G/A - CubeSmart (0001298675) (Subject)
SEC Form SC 13G/A filed by CubeSmart (Amendment)
SC 13G/A - CubeSmart (0001298675) (Subject)
CubeSmart downgraded by UBS with a new price target
UBS downgraded CubeSmart from Buy to Neutral and set a new price target of $54.00 from $53.00 previously
RBC Capital Mkts initiated coverage on CubeSmart with a new price target
RBC Capital Mkts initiated coverage of CubeSmart with a rating of Outperform and set a new price target of $56.00
Scotiabank initiated coverage on CubeSmart with a new price target
Scotiabank initiated coverage of CubeSmart with a rating of Sector Outperform and set a new price target of $53.00
CubeSmart Announces the Date of Its Third Quarter 2024 Earnings Release and Conference Call
MALVERN, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2024 after the market close on Thursday, October 31, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, November 1, 2024. A live webcast of the conference call will be available online from the investor relations page of the Company's corporate website at investors.cubesmart.com. Telephone participants may join on the day of the call by dialing 1 (800) 715-9871 using conference ID number 4783436. After the live webcast, the webcast will be available on CubeSmart's website. In additi
CubeSmart Reports Second Quarter 2024 Results
MALVERN, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced its operating results for the three and six months ended June 30, 2024. "As expected, we experienced a marginally stronger seasonal uplift in demand during the second quarter and a customer base who continues to be resilient in an uncertain economy," commented President and Chief Executive Officer Christopher P. Marr. "Our data-driven approach to operations continues to allow us to optimize our performance in the face of changing macro conditions." Key Highlights for the Second Quarter Reported diluted earnings per share ("EPS") attributable to the Company's common shareholders of $0.41.Reported funds
CubeSmart Declares Third Quarter 2024 Dividend
MALVERN, Pa., July 23, 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 September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,497 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logisti
SEC Form 144 filed by CubeSmart
144 - CubeSmart (0001298675) (Subject)
SEC Form 144 filed by CubeSmart
144 - CubeSmart (0001298675) (Subject)
SEC Form DEFA14A filed by CubeSmart
DEFA14A - CubeSmart (0001298675) (Filer)
CubeSmart Announces the Date of Its Third Quarter 2024 Earnings Release and Conference Call
MALVERN, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced that the Company will release financial results for the three-month period ended September 30, 2024 after the market close on Thursday, October 31, 2024. An accompanying conference call will be held at 11:00 a.m. ET on Friday, November 1, 2024. A live webcast of the conference call will be available online from the investor relations page of the Company's corporate website at investors.cubesmart.com. Telephone participants may join on the day of the call by dialing 1 (800) 715-9871 using conference ID number 4783436. After the live webcast, the webcast will be available on CubeSmart's website. In additi
CubeSmart Reports Second Quarter 2024 Results
MALVERN, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE:CUBE) today announced its operating results for the three and six months ended June 30, 2024. "As expected, we experienced a marginally stronger seasonal uplift in demand during the second quarter and a customer base who continues to be resilient in an uncertain economy," commented President and Chief Executive Officer Christopher P. Marr. "Our data-driven approach to operations continues to allow us to optimize our performance in the face of changing macro conditions." Key Highlights for the Second Quarter Reported diluted earnings per share ("EPS") attributable to the Company's common shareholders of $0.41.Reported funds
CubeSmart Declares Third Quarter 2024 Dividend
MALVERN, Pa., July 23, 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 September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,497 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logisti