Representative Julia Letlow (Republican-Louisiana) recently bought shares of Extra Space Storage Inc NYSE: EXR. In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Extra Space Storage stock on February 12th. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account.
Representative Julia Letlow also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of HF Sinclair NYSE: DINO on 2/20/2026.
- Sold $1,001 - $15,000 in shares of BXP NYSE: BXP on 2/20/2026.
- Purchased $1,001 - $15,000 in shares of Travelers Companies NYSE: TRV on 2/20/2026.
- Sold $1,001 - $15,000 in shares of Expand Energy NASDAQ: EXE on 2/17/2026.
- Sold $1,001 - $15,000 in shares of Public Service Enterprise Group NYSE: PEG on 2/17/2026.
- Purchased $1,001 - $15,000 in shares of Vistra NYSE: VST on 2/17/2026.
- Purchased $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 2/12/2026.
- Sold $1,001 - $15,000 in shares of Icon NASDAQ: ICLR on 2/12/2026.
- Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 2/12/2026.
- Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 2/12/2026.
Extra Space Storage Trading Up 1.2%
Shares of NYSE:EXR opened at $131.87 on Tuesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.39 and a current ratio of 0.39. The stock's 50-day moving average is $143.34 and its 200-day moving average is $139.47. The company has a market cap of $27.84 billion, a P/E ratio of 28.67, a P/E/G ratio of 2.62 and a beta of 1.24. Extra Space Storage Inc has a 52-week low of $121.03 and a 52-week high of $155.19.
Extra Space Storage (NYSE:EXR - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $2.03 by $0.05. Extra Space Storage had a return on equity of 6.79% and a net margin of 28.84%.The company had revenue of $857.47 million for the quarter, compared to the consensus estimate of $732.92 million. During the same period in the previous year, the business posted $2.03 EPS. The company's revenue for the quarter was up 4.3% on a year-over-year basis. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Equities research analysts predict that Extra Space Storage Inc will post 8.1 earnings per share for the current year.
Extra Space Storage Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Monday, March 16th. Extra Space Storage's dividend payout ratio is 140.87%.
Insider Activity at Extra Space Storage
In related news, CEO Joseph D. Margolis sold 7,500 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $142.08, for a total transaction of $1,065,600.00. Following the completion of the sale, the chief executive officer directly owned 66,495 shares of the company's stock, valued at $9,447,609.60. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.36% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of analysts have weighed in on EXR shares. JPMorgan Chase & Co. increased their price target on shares of Extra Space Storage from $142.00 to $144.00 and gave the company a "neutral" rating in a report on Monday. BNP Paribas Exane upgraded Extra Space Storage from a "neutral" rating to an "outperform" rating and set a $154.00 price target on the stock in a research note on Wednesday, March 18th. Mizuho upped their price target on Extra Space Storage from $137.00 to $143.00 and gave the company an "outperform" rating in a report on Monday, January 12th. Truist Financial raised their price objective on Extra Space Storage from $142.00 to $146.00 and gave the stock a "hold" rating in a research report on Tuesday, January 20th. Finally, UBS Group decreased their price objective on Extra Space Storage from $156.00 to $148.00 and set a "buy" rating on the stock in a report on Thursday, January 8th. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Extra Space Storage currently has a consensus rating of "Hold" and a consensus target price of $143.80.
View Our Latest Stock Analysis on Extra Space Storage
Hedge Funds Weigh In On Extra Space Storage
A number of institutional investors have recently modified their holdings of EXR. Hsbc Holdings PLC lifted its position in shares of Extra Space Storage by 8.3% during the fourth quarter. Hsbc Holdings PLC now owns 836,315 shares of the real estate investment trust's stock worth $108,954,000 after purchasing an additional 63,979 shares in the last quarter. Stance Capital LLC acquired a new stake in shares of Extra Space Storage in the 4th quarter valued at $2,851,000. Reflection Asset Management acquired a new position in shares of Extra Space Storage during the fourth quarter valued at $26,000. Astoria Portfolio Advisors LLC. increased its position in Extra Space Storage by 13.3% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 2,154 shares of the real estate investment trust's stock worth $280,000 after purchasing an additional 253 shares during the period. Finally, Pacer Advisors Inc. lifted its position in Extra Space Storage by 2.6% during the 4th quarter. Pacer Advisors Inc. now owns 141,993 shares of the real estate investment trust's stock valued at $18,490,000 after purchasing an additional 3,542 shares during the period. 99.11% of the stock is owned by institutional investors.
About Representative Letlow
Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana's 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.
Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana's 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.
Julia Letlow earned a doctorate. Letlow's career experience includes working as a senior administrator with the University of Louisiana at Monroe.
About Extra Space Storage
(
Get Free Report)
Extra Space Storage NYSE: EXR is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.
Its business model combines property ownership with third-party management and development activities.
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