CubeSmart vs McCormick & Company, Incorporated — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while McCormick & Company, Incorporated trades at $52.85 (market cap $14.45B). The key difference: McCormick & Company, Incorporated is the larger of the two by market cap, and CubeSmart pays the higher dividend (5.22%). Which is the better fit depends on your goals.
| CUBE | MKC | |
|---|---|---|
Market Cap | $9.19B | $14.45B |
Sector | Real Estate | Consumer Staples |
52-Week High | $42.34 | $72.81 |
52-Week Low | $35.36 | $45.60 |
Enterprise Value | $12.69B | $19.05B |
Dividend Yield | 5.22% | 3.57% |
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 →In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →