CubeSmart vs Wheaton Precious Metals Corp — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while Wheaton Precious Metals Corp trades at $108.18 (market cap $48.84B). The key difference: Wheaton Precious Metals Corp is far larger — about 5.3× CubeSmart's market cap, and CubeSmart pays the higher dividend (5.22%). Which is the better fit depends on your goals.
| CUBE | WPM | |
|---|---|---|
Market Cap | $9.19B | $48.84B |
Sector | Real Estate | Basic Materials |
52-Week High | $42.34 | $165.72 |
52-Week Low | $35.36 | $88.32 |
Enterprise Value | $12.69B | $46.68B |
Dividend Yield | 5.22% | 0.72% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →