Comparison of CubeSmart and Safehold Financial Metrics
1 report, 1 independent
Updated Oct 14
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What happened
A comparison of CubeSmart and Safehold was published, detailing various financial metrics for both real estate companies. The report noted that 97.6% of CubeSmart shares are held by institutional investors, compared to 70.4% for Safehold. Regarding risk, CubeSmart has a beta of 1.05, while Safehold has a beta of 1.78.
From dailypolitical.com
Why it matters
The comparison highlights differences in financial stability and risk profile between the two companies. Safehold pays an annual dividend of $0.71 per share, while CubeSmart pays $2.12 per share, though CubeSmart's dividend payout ratio is 146.2% of its earnings, suggesting potential future coverage issues.
From dailypolitical.com
Who's involved
- CubeSmartAmerican storage rental company subject to financial comparison
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The entities involved
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CubeSmart
American storage rental company
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