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 December 31, 2018, the Company owned and/or operated 1,647 self-storage stores in 39 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.2 million units and approximately 125.7 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone801-562-5556
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.20 billion
Profitability
Miscellaneous
Employees3,624
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable
Extra Space Storage (NYSE:EXR) Frequently Asked Questions
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 often does Extra Space Storage pay dividends? What is the dividend yield for Extra Space Storage?
Extra Space Storage declared a quarterly dividend on Friday, February 15th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.86 per share on Friday, March 29th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date is Thursday, March 14th. View Extra Space Storage's Dividend History.
How will Extra Space Storage's stock buyback program work?
Extra Space Storage declared that its Board of Directors has approved a stock repurchase plan on Tuesday, November 14th 2017, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Extra Space Storage's earnings last quarter?
Extra Space Storage, Inc. (NYSE:EXR) issued its quarterly earnings data on Wednesday, February, 20th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.20 by $0.02. The real estate investment trust had revenue of $266.60 million for the quarter, compared to analyst estimates of $265.39 million. Extra Space Storage had a return on equity of 16.40% and a net margin of 37.36%. The company's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.17 EPS. View Extra Space Storage's Earnings History.
When is Extra Space Storage's next earnings date?
How can I listen to Extra Space Storage's earnings call?
Extra Space Storage will be holding an earnings conference call on Wednesday, May 1st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557912026.
What guidance has Extra Space Storage issued on next quarter's earnings?
Extra Space Storage issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $4.73-4.83 for the period, compared to the Thomson Reuters consensus estimate of $4.88.
What price target have analysts set for EXR?
11 Wall Street analysts have issued 12 month price targets for Extra Space Storage's stock. Their forecasts range from $83.00 to $110.00. On average, they anticipate Extra Space Storage's stock price to reach $96.4744 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Extra Space Storage.
What is the consensus analysts' recommendation for Extra Space Storage?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Extra Space Storage.
Has Extra Space Storage been receiving favorable news coverage?
Headlines about EXR stock have been trending positive this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Extra Space Storage earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
Who are some of Extra Space Storage's key competitors?
Some companies that are related to Extra Space Storage include Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE) and HCP (HCP).
What other stocks do shareholders of Extra Space Storage own?
Who are Extra Space Storage's key executives?
Extra Space Storage's management team includes the folowing people:
- Mr. Joseph D. Margolis J.D., CEO & Director (Age 58)
- Mr. P. Scott Stubbs, Exec. VP & CFO (Age 51)
- Mr. Samrat Sondhi, Exec. VP & COO (Age 44)
- Mr. Gwyn Goodson McNeal, Exec. VP, Chief Legal Officer & Sec. (Age 50)
- Mr. James L. Overturf, Exec. VP & Chief Marketing Officer (Age 52)
Who are Extra Space Storage's major shareholders?
Extra Space Storage's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.55%), Gateway Investment Advisers LLC (0.18%), Strs Ohio (0.13%), Moody Lynn & Lieberson LLC (0.07%), Gradient Investments LLC (0.06%) and Timbercreek Investment Management Inc. (0.06%). Company insiders that own Extra Space Storage stock include Diane Olmstead, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, K Fred Skousen, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi and Spencer Kirk. View Institutional Ownership Trends for Extra Space Storage.
Which major investors are selling Extra Space Storage stock?
EXR stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Timbercreek Investment Management Inc., Gradient Investments LLC, Manning & Napier Group LLC, Gateway Investment Advisers LLC, DNB Asset Management AS, Advisor Partners LLC and Bank of The West. Company insiders that have sold Extra Space Storage company stock in the last year include Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, K Fred Skousen, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi and Spencer Kirk. View Insider Buying and Selling for Extra Space Storage.
Which major investors are buying Extra Space Storage stock?
EXR stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Virtu Financial LLC, Nisa Investment Advisors LLC, Moody Lynn & Lieberson LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Conning Inc. and Carderock Capital Management Inc.. View Insider Buying and Selling for Extra Space Storage.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Extra Space Storage's stock price today?
One share of EXR stock can currently be purchased for approximately $100.09.
How big of a company is Extra Space Storage?
Extra Space Storage has a market capitalization of $12.75 billion and generates $1.20 billion in revenue each year. The real estate investment trust earns $415.29 million in net income (profit) each year or $4.67 on an earnings per share basis. Extra Space Storage employs 3,624 workers across the globe.
What is Extra Space Storage's official website?
How can I contact Extra Space Storage?
Extra Space Storage's mailing address is 2795 COTTONWOOD PARKWAY SUITE 400, SALT LAKE CITY UT, 84121. The real estate investment trust can be reached via phone at 801-562-5556.
MarketBeat Community Rating for Extra Space Storage (NYSE EXR)
MarketBeat's community ratings are surveys of what our community members think about Extra Space Storage and other stocks. Vote "Outperform" if you believe EXR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EXR will underperform the S&P 500 over the long term. You may vote once every thirty days.
