Compare CubeSmart (CUBE) vs Innovative Industrial Properties Inc (IIPR) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
CubeSmart vs Innovative Industrial Properties Inc — how do they compare? CubeSmart trades at $40.86 (market cap $9.20B), while Innovative Industrial Properties Inc trades at $58.04 (market cap $1.67B). The key difference: CubeSmart is far larger — about 5.5× Innovative Industrial Properties Inc's market cap, and Innovative Industrial Properties Inc pays the higher dividend (13.18%). Which is the better fit depends on your goals.
| CUBE | IIPR | |
|---|---|---|
Market Cap | $9.20B | $1.67B |
Sector | Real Estate | Real Estate |
52-Week High | $42.50 | $64.67 |
52-Week Low | $35.36 | $44.58 |
Enterprise Value | $12.72B | $2.21B |
Dividend Yield | 5.19% | 13.18% |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About CubeSmart
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 →About Innovative Industrial Properties Inc
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Read more on IIPR →
