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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:EXR

Extra Space Storage Stock Forecast, Price & News

$174.38
+4.26 (+2.50%)
(As of 07/1/2022 05:43 PM ET)
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Today's Range
$170.71
$175.14
50-Day Range
$158.74
$208.54
52-Week Range
$156.70
$228.84
Volume
497,441 shs
Average Volume
738,945 shs
Market Capitalization
$23.42 billion
P/E Ratio
28.31
Dividend Yield
3.53%
Price Target
$197.10

Extra Space Storage Stock Forecast (MarketRank)

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
14.4% Upside
$199.56 Price Target
Short Interest
Healthy
2.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.57
Upright™ Environmental Score
News Sentiment
0.64mentions of Extra Space Storage in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.73%
From $8.25 to $8.64 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.66 out of 5 stars

Finance Sector

132nd out of 1,394 stocks

Real Estate Investment Trusts Industry

13th out of 235 stocks

30 days | 90 days | 365 days | Advanced Chart

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Extra Space Storage logo

About Extra Space Storage (NYSE:EXR)

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

EXR Stock News Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
30225T10
Employees
4,309
Year Founded
1977

Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Today
7/02/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$199.56
High Stock Price Forecast
$237.00
Low Stock Price Forecast
$156.00
Forecasted Upside/Downside
+13.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45454545454545
Research Coverage
10 Analysts

Profitability

Net Income
$827.65 million
Pretax Margin
54.11%

Debt

Sales & Book Value

Annual Sales
$1.58 billion
Cash Flow
$8.54 per share
Book Value
$28.28 per share

Miscellaneous

Free Float
132,239,000
Market Cap
$23.42 billion
Optionable
Optionable
Beta
0.46

Social Links















Extra Space Storage Frequently Asked Questions

Should I buy or sell Extra Space Storage stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Extra Space Storage stock.
View analyst ratings for Extra Space Storage
or view top-rated stocks.

What is Extra Space Storage's stock price forecast for 2022?

10 analysts have issued 1-year target prices for Extra Space Storage's shares. Their EXR stock forecasts range from $156.00 to $237.00. On average, they expect Extra Space Storage's share price to reach $199.56 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
View analysts' price targets for Extra Space Storage
or view top-rated stocks among Wall Street analysts.

How has Extra Space Storage's stock price performed in 2022?

Extra Space Storage's stock was trading at $226.73 on January 1st, 2022. Since then, EXR shares have decreased by 23.1% and is now trading at $174.38.
View the best growth stocks for 2022 here
.

When is Extra Space Storage's next earnings date?

Extra Space Storage is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Extra Space Storage
.

How were Extra Space Storage's earnings last quarter?

Extra Space Storage Inc. (NYSE:EXR) announced its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $1.51 earnings per share for the quarter, missing analysts' consensus estimates of $1.86 by $0.35. The real estate investment trust earned $379.81 million during the quarter, compared to analyst estimates of $368.88 million. Extra Space Storage had a trailing twelve-month return on equity of 23.42% and a net margin of 50.76%. The business's revenue for the quarter was up 25.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.50 EPS.
View Extra Space Storage's earnings history
.

How often does Extra Space Storage pay dividends? What is the dividend yield for Extra Space Storage?

Extra Space Storage declared a quarterly dividend on Thursday, May 26th. Shareholders of record on Wednesday, June 15th will be paid a dividend of $1.50 per share on Thursday, June 30th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Tuesday, June 14th.
View Extra Space Storage's dividend history
.

Is Extra Space Storage a good dividend stock?

Extra Space Storage(NYSE:EXR) pays an annual dividend of $6.00 per share and currently has a dividend yield of 3.53%. Extra Space Storage has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Extra Space Storage is 97.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Extra Space Storage will have a dividend payout ratio of 69.44% next year. This indicates that Extra Space Storage will be able to sustain or increase its dividend.
View Extra Space Storage's dividend history.

What guidance has Extra Space Storage issued on next quarter's earnings?

Extra Space Storage updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $8.05-$8.30 for the period. The company issued revenue guidance of -.

Who are Extra Space Storage's key executives?

Extra Space Storage's management team includes the following people:

What is Joe Margolis' approval rating as Extra Space Storage's CEO?

556 employees have rated Extra Space Storage CEO Joe Margolis on Glassdoor.com. Joe Margolis has an approval rating of 84% among Extra Space Storage's employees.

What other stocks do shareholders of Extra Space Storage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), AT&T (T), NVIDIA (NVDA), Johnson & Johnson (JNJ), McDonald's (MCD), QUALCOMM (QCOM), (HON) and Verizon Communications (VZ).

What is Extra Space Storage's stock symbol?

Extra Space Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXR."

How do I buy shares of Extra Space Storage?

Shares of EXR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Extra Space Storage's stock price today?

One share of EXR stock can currently be purchased for approximately $174.38.

How much money does Extra Space Storage make?

Extra Space Storage (NYSE:EXR) has a market capitalization of $23.42 billion and generates $1.58 billion in revenue each year. The real estate investment trust earns $827.65 million in net income (profit) each year or $6.159990 on an earnings per share basis.

How many employees does Extra Space Storage have?

Extra Space Storage employs 4,309 workers across the globe.

When was Extra Space Storage founded?

Extra Space Storage was founded in 1977.

How can I contact Extra Space Storage?

Extra Space Storage's mailing address is 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121. The official website for Extra Space Storage is www.extraspace.com. The real estate investment trust can be reached via phone at (801) 365-4600, via email at [email protected], or via fax at 801-365-4801.

This page (NYSE:EXR) was last updated on 7/2/2022 by MarketBeat.com Staff

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