CubeSmart will release Q4 2024 financial results on February 27, 2025, with a conference call on February 28.
Quiver AI Summary
CubeSmart announced it will release its financial results for the quarter ending December 31, 2024, after the market closes on February 27, 2025. The company will host a conference call to discuss the results on February 28, 2025, at 11:00 a.m. ET, with a live webcast available on their investor relations website. Interested participants can join by phone, and a replay of the call will be accessible for a limited time. CubeSmart, a leading self-storage real estate investment trust owning or managing 1,530 properties across the U.S., aims to simplify storage solutions for both residential and commercial customers. Further information can be found on their website or by contacting their finance department.
Potential Positives
- CubeSmart is set to announce its financial results for Q4 2024, indicating transparency and ongoing communication with stakeholders.
- The company is recognized as one of the top three owners and operators of self-storage properties in the U.S., highlighting its significant market position.
- The provision of both a live webcast and a telephonic replay for the earnings call demonstrates CubeSmart's commitment to accessibility and investor engagement.
Potential Negatives
- Announcement of financial results could indicate potential volatility or uncertainty, as the release comes before the market close and may hint at underlying issues if projections are not met.
- Setting the financial results release for a future date might lead to speculation and concerns about the company's current financial health if investors feel left in the dark.
- The lack of details regarding the financial performance or specific challenges ahead may raise red flags for investors seeking transparency.
FAQ
When will CubeSmart release its financial results?
CubeSmart will release its financial results for the quarter ended December 31, 2024, after market close on February 27, 2025.
How can I join the CubeSmart conference call?
You can join the conference call by dialing 1 (800) 715-9871 using conference ID 4783436 on February 28, 2025, at 11:00 a.m. ET.
Will there be a webcast of the conference call?
Yes, a live webcast of the conference call will be available on CubeSmart's investor relations page at investors.cubesmart.com.
How long will the telephonic replay of the call be available?
The telephonic replay of the call will be available through March 14, 2025.
What does CubeSmart specialize in?
CubeSmart is a real estate investment trust that specializes in owning and managing self-storage properties across the United States.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CUBE Insider Trading Activity
$CUBE insiders have traded $CUBE stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $CUBE stock by insiders over the last 6 months:
- CHRISTOPHER P MARR (CEO) has made 0 purchases and 2 sales selling 74,906 shares for an estimated $3,637,155.
- JOEL D KEATON (COO) sold 43,478 shares for an estimated $2,085,848
- TIMOTHY M MARTIN (CFO) sold 30,765 shares for an estimated $1,507,974
- JENNIFER SCHULTE (Chief Human Resources Officer) sold 15,942 shares for an estimated $837,919
- JEFFREY P FOSTER (CLO & Secretary) sold 7,739 shares for an estimated $366,084
- MATTHEW D DENARIE (Chief Accounting Officer) sold 868 shares for an estimated $46,559
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CUBE Hedge Fund Activity
We have seen 217 institutional investors add shares of $CUBE stock to their portfolio, and 188 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRUIST FINANCIAL CORP removed 1,711,167 shares (-65.6%) from their portfolio in Q3 2024, for an estimated $92,112,119
- FMR LLC removed 1,465,577 shares (-8.2%) from their portfolio in Q3 2024, for an estimated $78,892,009
- BLACKROCK, INC. added 1,327,111 shares (+4.9%) to their portfolio in Q3 2024, for an estimated $71,438,385
- CAPITAL WORLD INVESTORS added 1,034,752 shares (+inf%) to their portfolio in Q3 2024, for an estimated $55,700,700
- JPMORGAN CHASE & CO removed 867,687 shares (-18.0%) from their portfolio in Q3 2024, for an estimated $46,707,591
- BALYASNY ASSET MANAGEMENT L.P. removed 842,708 shares (-42.6%) from their portfolio in Q3 2024, for an estimated $45,362,971
- PRICE T ROWE ASSOCIATES INC /MD/ added 829,176 shares (+13.9%) to their portfolio in Q3 2024, for an estimated $44,634,544
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MALVERN, Pa., Jan. 27, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended December 31, 2024 after the market close on Thursday, February 27, 2025. An accompanying conference call will be held at 11:00 a.m. ET on Friday, February 28, 2025.
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 addition, a telephonic replay of the call will be available through March 14, 2025 by dialing 1 (800) 770-2030 using conference ID number 4783436#.
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,530 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 logistical challenges created by the many life events and business needs of its customers – through innovative solutions, unparalleled service, and genuine care. 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.
For more information about business and personal storage or to learn more about the Company and find a nearby storage property, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
Josh Schutzer
Vice President, Finance
610-535-5700
