Extra Space Storage Stock Forecast, Price & News

Extra Space Storage's stock was trading at $104.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EXR stock has increased by 5.4% and is now trading at $110.00.
View which stocks have been most impacted by COVID-19.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Extra Space Storage.

Wall Street analysts have given Extra Space Storage a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Extra Space Storage wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Extra Space Storage is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Extra Space Storage.

Extra Space Storage Inc. (NYSE:EXR) posted its earnings results on Wednesday, November, 4th. The real estate investment trust reported $0.88 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by $0.36. The real estate investment trust earned $290.42 million during the quarter, compared to analysts' expectations of $286.55 million. Extra Space Storage had a return on equity of 16.47% and a net margin of 34.54%. Extra Space Storage's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 earnings per share.
View Extra Space Storage's earnings history.

Extra Space Storage announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.90 per share on Thursday, December 31st. This represents a $3.60 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Monday, December 14th.
View Extra Space Storage's dividend history.

12 brokers have issued 1 year target prices for Extra Space Storage's shares. Their forecasts range from $94.00 to $135.00. On average, they anticipate Extra Space Storage's stock price to reach $110.80 in the next year. This suggests a possible upside of 0.7% from the stock's current price.
View analysts' price targets for Extra Space Storage.

Some companies that are related to Extra Space Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels & Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Ryman Hospitality Properties (RHP) and Sabra Health Care REIT (SBRA).
View all competitors.

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

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

Extra Space Storage's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.51%), State Street Corp (5.91%), PGGM Investments (3.40%), Principal Financial Group Inc. (2.66%), Daiwa Securities Group Inc. (1.87%) and Nuveen Asset Management LLC (0.93%). Company insiders that own Extra Space Storage stock include Byambasaikhan Bayanjargal, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi, Spencer Kirk and William N Springer.
View institutional ownership trends for Extra Space Storage.

EXR stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., State Street Corp, Allianz Asset Management GmbH, Morgan Stanley, Fulton Breakefield Broenniman LLC, First Trust Advisors LP, Ossiam, and Standard Life Aberdeen plc. Company insiders that have sold Extra Space Storage company stock in the last year include Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi, Spencer Kirk, and William N Springer.
View insider buying and selling activity for Extra Space Storage.

EXR stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, PGGM Investments, Great West Life Assurance Co. Can, Aew Capital Management L P, SG Americas Securities LLC, Timbercreek Investment Management Inc., JPMorgan Chase & Co., and UBS Asset Management Americas Inc..
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EXR stock can currently be purchased for approximately $110.00.

Extra Space Storage has a market capitalization of $14.22 billion and generates $1.31 billion in revenue each year. The real estate investment trust earns $419.97 million in net income (profit) each year or $4.88 on an earnings per share basis. Extra Space Storage employs 4,048 workers across the globe.

The official website for Extra Space Storage is www.extraspace.com.

Extra Space Storage's mailing address is 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121. The real estate investment trust can be reached via phone at 801-365-4600.