CUBE (CubeSmart) Shares Outstanding (EOP): 226 Mil (As of Mar. 2026)


CUBE CubeSmart CUBE
88 GF Score
Price $40.58
GF Value $44.36
Valuation Fairly Valued
! 5 Warning Signs
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What is CubeSmart Shares Outstanding (EOP)?

CubeSmart CUBE -1.67% 88 Shares Outstanding (EOP) is 226 Mil as of Mar. 2026. GuruFocus rates CUBE with a GF Score™ of 88/100 and a GF Value™ of $44.36 (Fairly Valued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CubeSmart's shares outstanding for the quarter that ended in Mar. 2026 was 226 Mil.

CubeSmart's quarterly shares outstanding declined from Dec. 2025 (227 Mil) to Mar. 2026 (226 Mil). It means CubeSmart bought back shares from Dec. 2025 to Mar. 2026 .

CubeSmart's annual shares outstanding declined from Dec. 2024 (228 Mil) to Dec. 2025 (227 Mil). It means CubeSmart bought back shares from Dec. 2024 to Dec. 2025 .


CubeSmart  (NYSE:CUBE) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CubeSmart Shares Outstanding (EOP) Related Terms


CubeSmart Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for CubeSmart's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CubeSmart Shares Outstanding (EOP) Chart

CubeSmart Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.92 224.60 224.92 227.77 227.27

CubeSmart Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.92 228.03 228.04 227.27 226.47

CUBE vs LINE, FR, REXR: Shares Outstanding (EOP) Comparison

For the REIT - Industrial subindustry, CubeSmart's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CubeSmart Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where CubeSmart's Shares Outstanding (EOP) falls into.


CUBE
88GF Score
CubeSmart CUBE
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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CubeSmart Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 226 Mil mean?
CubeSmart (CUBE) has a Shares Outstanding (EOP) of 226 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on CubeSmart and its competitors.
Is CubeSmart's Shares Outstanding (EOP) too high?
CubeSmart's current Shares Outstanding (EOP) is 226 Mil. Overall, CubeSmart has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CubeSmart's Shares Outstanding (EOP) compare to LINE and FR?
CubeSmart's Shares Outstanding (EOP) of 226 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on CubeSmart and its competitors. CubeSmart's current Shares Outstanding (EOP) is 226 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubeSmart stock overvalued right now?
Based on GuruFocus' analysis, CubeSmart (CUBE) is currently considered Fairly Valued. The stock's GF Value™ is $44.36, compared to a current price of $40.58 — trading 8.5% below its estimated fair value. The current Shares Outstanding (EOP) is 226 Mil. CubeSmart's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For CubeSmart (CUBE), the current Shares Outstanding (EOP) is 226 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CubeSmart (CUBE) Overvalued in 2026?

Based on GuruFocus' analysis, CubeSmart stock appears to be undervalued. The current stock price of $40.58 is trading 8.5% below its estimated GF Value™ of $44.36. GuruFocus considers CubeSmart to be Fairly Valued.

Key valuation signals for CUBE:

  • Shares Outstanding (EOP): 226 Mil
  • GF Value™: $44.36 vs. price of $40.58 (8.5% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the CUBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CubeSmart Business Description

Industry Real EstateREITs
Other Exchanges UK8:Germany
Address 5 Old Lancaster Road, Malvern, PA, USA, 19355
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
88GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.58
Price
$44.36
GF Value