CubeSmart vs Garmin Ltd. — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while Garmin Ltd. trades at $242.98 (market cap $46.98B). The key difference: Garmin Ltd. is far larger — about 5.1× CubeSmart's market cap, and CubeSmart pays the higher dividend (5.22%). Which is the better fit depends on your goals.
| CUBE | GRMN | |
|---|---|---|
Market Cap | $9.19B | $46.98B |
Sector | Real Estate | Technology |
52-Week High | $42.34 | $267.52 |
52-Week Low | $35.36 | $187.10 |
Enterprise Value | $12.69B | $44.45B |
Dividend Yield | 5.22% | 1.72% |
Trailing returns across standard periods
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. Most 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. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Read more on CUBE →Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →