Latest news with #CubeSmart
Business Insider
a day ago
- Business
- Business Insider
PGC announces new partnership with CubeSmart
Precision Global Corporation. PGC, announces its new partnership with CubeSmart (CUBE) to manage four of its Texas-based storage assets. As of Friday, July 25, 2025, CubeSmart officially assumes third-party management of all four properties. This marks a significant milestone in PGC's expansion within the self-storage sector and reflects the company's focus on enhancing value. Under CubeSmart's management, tenants at all four Texas locations can expect elevated service, improved visibility, and enhanced operational performance through CubeSmart's proven model. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Precision Global Corporation Partners with CubeSmart to Manage Four Strategic Storage Facilities Across Texas
ROCKWALL, Texas, July 26, 2025 /PRNewswire/ — In a move that underscores its rapid growth and commitment to operational excellence, Precision Global Corporation (PGC) proudly announces its new partnership with CubeSmart, one of the nation's leading self-storage operators, to manage four of its Texas-based storage assets: Brazosport Storage in Clute, TX FM 1777 Storage in Royse City, TX Lakehill Storage in Lakehills, TX Tin Top Storage in Granbury, TX As of Friday, July 25, 2025, CubeSmart officially assumes third-party management of all four properties. This marks a significant milestone in PGC's expansion within the self-storage sector and reflects the company's focus on enhancing value through best-in-class operations and strategic partnerships. 'CubeSmart doesn't just manage storage—they redefine it,' said Brian Sullivan, President of Precision Global Corporation. 'Their leadership in this space is undeniable. By entrusting CubeSmart with these four facilities, we're elevating the customer experience while positioning each asset for sustained success.' With more than two decades of experience and a reputation for operational excellence, CubeSmart is the third-largest owner and operator of self-storage facilities in the U.S., managing over 1,300 properties nationwide. Their systems, marketing infrastructure, and service-first culture make them the gold standard for facility owners looking to scale. Under CubeSmart's management, tenants at all four Texas locations can expect elevated service, improved visibility, and enhanced operational performance through CubeSmart's proven model. This partnership aligns with Precision Global's ongoing mission: to scale a national portfolio of self-storage and RV park assets by partnering with elite operators and creating long-term value for both customers and investors. About Precision Global Corporation Precision Global Corporation is a national private equity firm specializing in real estate investment and development. With a focus on high-growth, income-producing assets like self-storage and RV parks, PGC is known for its entrepreneurial spirit, disciplined execution, and strategic partnerships. The company is actively expanding its portfolio in markets with strong demographic and economic fundamentals. For more information, visit About CubeSmart Founded in 2004, CubeSmart is a publicly traded REIT and recognized industry leader in the self-storage sector. Managing over 1,300 facilities nationwide, CubeSmart offers expert third-party management, technology-driven solutions, and a customer-first culture that sets them apart as the go-to partner for facility owners across the U.S.
Yahoo
2 days ago
- Business
- Yahoo
Precision Global Corporation Partners with CubeSmart to Manage Four Strategic Storage Facilities Across Texas
ROCKWALL, Texas, July 26, 2025 /PRNewswire/ -- In a move that underscores its rapid growth and commitment to operational excellence, Precision Global Corporation (PGC) proudly announces its new partnership with CubeSmart, one of the nation's leading self-storage operators, to manage four of its Texas-based storage assets: Brazosport Storage in Clute, TX FM 1777 Storage in Royse City, TX Lakehill Storage in Lakehills, TX Tin Top Storage in Granbury, TX As of Friday, July 25, 2025, CubeSmart officially assumes third-party management of all four properties. This marks a significant milestone in PGC's expansion within the self-storage sector and reflects the company's focus on enhancing value through best-in-class operations and strategic partnerships. "CubeSmart doesn't just manage storage—they redefine it," said Brian Sullivan, President of Precision Global Corporation. "Their leadership in this space is undeniable. By entrusting CubeSmart with these four facilities, we're elevating the customer experience while positioning each asset for sustained success." With more than two decades of experience and a reputation for operational excellence, CubeSmart is the third-largest owner and operator of self-storage facilities in the U.S., managing over 1,300 properties nationwide. Their systems, marketing infrastructure, and service-first culture make them the gold standard for facility owners looking to scale. Under CubeSmart's management, tenants at all four Texas locations can expect elevated service, improved visibility, and enhanced operational performance through CubeSmart's proven model. This partnership aligns with Precision Global's ongoing mission: to scale a national portfolio of self-storage and RV park assets by partnering with elite operators and creating long-term value for both customers and investors. About Precision Global Corporation Precision Global Corporation is a national private equity firm specializing in real estate investment and development. With a focus on high-growth, income-producing assets like self-storage and RV parks, PGC is known for its entrepreneurial spirit, disciplined execution, and strategic partnerships. The company is actively expanding its portfolio in markets with strong demographic and economic fundamentals. For more information, visit About CubeSmart Founded in 2004, CubeSmart is a publicly traded REIT and recognized industry leader in the self-storage sector. Managing over 1,300 facilities nationwide, CubeSmart offers expert third-party management, technology-driven solutions, and a customer-first culture that sets them apart as the go-to partner for facility owners across the U.S. View original content to download multimedia: SOURCE Precision Global Corporation LLC
Yahoo
09-07-2025
- Business
- Yahoo
Why Philip Morris, CubeSmart, And Portland General Electric Are Winners For Passive Income
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Philip Morris, CubeSmart, and Portland General Electric have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%. Philip Morris International Inc. (NYSE:PM) is a multinational tobacco company that offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands. Don't Miss: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. . GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Philip Morris has raised its dividends every year for the past 17 years. In its most recent dividend hike announcement on Sept. 12, the company increased the quarterly payout from $1.30 to $1.35 per share, equaling an annual figure of $5.40 per share. More recently, in its dividend announcement on June 13, the company maintained the payout at the same level. The current dividend yield on the stock is 3.07%. The company's annual revenue as of March 31 stood at $38.39 billion. The company on April 23 posted Q1 2025 revenues of $9.30 billion and EPS of $1.69, both beating the consensus estimates. Check out this article by Benzinga to learn how much you would have made owning Philip Morris stock in the last 5 years. Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — CubeSmart (NYSE:CUBE) is a real estate investment trust that acquires, owns and manages self-storage facilities throughout the U.S. CubeSmart has increased its dividends consecutively for the last 15 years. In its most recent dividend hike announcement on Dec. 13, the company's board raised the quarterly payout by 2% to $0.52 per share, equal to an annual figure of $2.08 per share. More recently, in its dividend announcement on May 20, the company maintained the payout at the same level. The current dividend yield on the stock is 4.83%. The company's annual revenue as of March 31 stood at $1.08 billion. The company on May 1 posted Q1 2025 revenues of $273.04 million and EPS of $0.64, both beating Street expectations. Check out this article by Benzinga for eight analysts' insights on General Electric Co. (NYSE:POR) is an integrated electric utility company, that generates, purchases, distributes, and sells electricity in the state of Oregon. Portland General Electric has raised its dividends every year for the last 19 years. In its most recent dividend hike announcement last April 18, the company increased the quarterly payout by 5% to $0.525 per share, equal to $2.10 per share annually. The current dividend yield on the stock stands at 5.16%. The company's annual revenue as of March 31 stood at $3.44 billion. In its most recent earnings release on April 25, it posted Q1 2025 revenues of $928 million and EPS of $0.91, both missing the consensus estimates. Philip Morris, CubeSmart, and Portland General Electric are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Image: Shutterstock This article Why Philip Morris, CubeSmart, And Portland General Electric Are Winners For Passive Income originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
If You Invested $10K In CubeSmart Stock 10 Years Ago, How Much Would You Have Now?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. CubeSmart (NYSE:CUBE) is a real estate investment trust that invests in self-storage facilities in the U.S. It is set to report its Q2 2025 earnings on July 31. Wall Street analysts expect the company to post EPS of $0.63, down from $0.64 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $275.71 million, up from $266.21 million a year earlier. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. The company's stock traded at approximately $23.29 per share 10 years ago. If you had invested $10,000, you could have bought roughly 429 shares. Currently, shares trade at $43.11, meaning your investment's value could have grown to $18,510 from stock price appreciation alone. However, CubeSmart also paid dividends during these 10 years. CubeSmart's dividend yield is currently 4.82%. Over the last 10 years, it has paid about $14.84 in dividends per share, which means you could have made $6,372 from dividends alone. Summing up $18,510 and $6,372, we end up with the final value of your investment, which is $24,882. 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 148.82%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 246.30%. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. CubeSmart has a consensus rating of "Buy" and a price target of $48.28 based on the ratings of 19 analysts. The price target implies a nearly 12% potential upside from the current stock price. The company on May 1 announced its Q1 2025 earnings, posting FFO of $0.64, compared to the consensus estimate of $0.63, and revenues of $273.04 million, compared to the consensus of $264.82 million, as reported by Benzinga. "The first quarter represented a positive start to the year, with improving occupancy and rate trends driven by solid demand," said CEO Christopher P. Marr. "Our high-quality portfolio with its focus on top-tier markets uniquely positions us to perform during uncertain economic climates." For its full-year 2025, the company estimates diluted EPS in the range of $1.41 and $1.49. Diluted FFO per share is expected to be between $2.51 and $2.59. Check out this article by Benzinga for eight 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 4.82% and consistent hikes. CubeSmart has raised its dividend consecutively for the last 15 years. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Book your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. This article If You Invested $10K In CubeSmart Stock 10 Years Ago, How Much Would You Have Now? originally appeared on
