S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:EXR

Extra Space Storage (EXR) Stock Price, News & Analysis

$143.36
+2.39 (+1.70%)
(As of 03/1/2024 ET)
Today's Range
$138.63
$143.57
50-Day Range
$138.29
$164.37
52-Week Range
$101.19
$170.30
Volume
1.17 million shs
Average Volume
1.17 million shs
Market Capitalization
$30.29 billion
P/E Ratio
29.02
Dividend Yield
4.52%
Price Target
$149.75

Extra Space Storage MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
4.5% Upside
$149.75 Price Target
Short Interest
Bearish
2.26% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.57
Upright™ Environmental Score
News Sentiment
0.46mentions of Extra Space Storage in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$5.25 M Sold Last Quarter
Proj. Earnings Growth
6.12%
From $8.17 to $8.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Finance Sector

198th out of 849 stocks

Real Estate Investment Trusts Industry

35th out of 178 stocks


EXR stock logo

About Extra Space Storage Stock (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, 2023, the Company owned and/or operated 3,651 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.5 million units and approximately 279.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. 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. It is the largest operator of self-storage properties in the United States.

EXR Stock Price History

EXR Stock News Headlines

Extra Space Storage (NYSE:EXR) Downgraded by StockNews.com
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 Extra Space Storage Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Extra Space Storage Q4 EPS Declines, Misses View
Extra Space Storage earnings: here's what Wall Street expects
Extra Space Storage Inc.
Extra Space Storage Inc EXR
Iron Mountain (IRM) to Post Q4 Earnings: What's in Store?
Public Storage's (PSA) Q4 FFO & Revenues Beat Estimates
SureStore Open Innovative Self-Storage Facility in Southport
See More Headlines
Receive EXR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Extra Space Storage and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
2/27/2024
Today
3/02/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
30225T10
Employees
4,781
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$149.75
High Stock Price Target
$187.00
Low Stock Price Target
$119.00
Potential Upside/Downside
+4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$860.69 million
Pretax Margin
34.06%

Debt

Sales & Book Value

Annual Sales
$2.56 billion
Cash Flow
$6.53 per share
Book Value
$72.96 per share

Miscellaneous

Free Float
208,003,000
Market Cap
$30.29 billion
Optionable
Optionable
Beta
0.74

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report














EXR Stock Analysis - Frequently Asked Questions

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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EXR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXR, but not buy additional shares or sell existing shares.
View EXR analyst ratings
or view top-rated stocks.

What is Extra Space Storage's stock price target for 2024?

12 brokers have issued 12-month target prices for Extra Space Storage's shares. Their EXR share price targets range from $119.00 to $187.00. On average, they expect the company's stock price to reach $149.75 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for EXR
or view top-rated stocks among Wall Street analysts.

How have EXR shares performed in 2024?

Extra Space Storage's stock was trading at $160.33 at the beginning of 2024. Since then, EXR shares have decreased by 10.6% and is now trading at $143.36.
View the best growth stocks for 2024 here
.

Are investors shorting Extra Space Storage?

Extra Space Storage saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,780,000 shares, an increase of 14.6% from the January 31st total of 4,170,000 shares. Based on an average trading volume of 1,160,000 shares, the short-interest ratio is currently 4.1 days.
View Extra Space Storage's Short Interest
.

When is Extra Space Storage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our EXR earnings forecast
.

How were Extra Space Storage's earnings last quarter?

Extra Space Storage Inc. (NYSE:EXR) announced its earnings results on Tuesday, February, 27th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.03 by $1.01. The real estate investment trust earned $797.77 million during the quarter, compared to analyst estimates of $778.05 million. Extra Space Storage had a net margin of 31.81% and a trailing twelve-month return on equity of 8.34%. The firm's quarterly revenue was up 57.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.09 EPS.
Read the conference call transcript
.

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, February 22nd. Stockholders of record on Friday, March 15th will be paid a dividend of $1.62 per share on Friday, March 29th. This represents a $6.48 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for EXR
.

Is Extra Space Storage a good dividend stock?

Extra Space Storage (NYSE:EXR) pays an annual dividend of $6.48 per share and currently has a dividend yield of 4.60%. EXR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 131.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EXR will have a dividend payout ratio of 74.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EXR.

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

Extra Space Storage updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 7.850-8.150 for the period, compared to the consensus estimate of 8.310. The company issued revenue guidance of -.

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

556 employees have rated Extra Space Storage Chief Executive Officer Joe Margolis on Glassdoor.com. Joe Margolis has an approval rating of 84% among the company'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), Verizon Communications (VZ).

Who are Extra Space Storage's major shareholders?

Extra Space Storage's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.86%), Capital World Investors (9.32%), Cohen & Steers Inc. (4.90%), Principal Financial Group Inc. (3.35%), Norges Bank (3.02%) and Capital International Investors (1.73%). Insiders that own company stock include Grace Kunde, Gwyn Goodson Mcneal, Joseph D Margolis, Joseph D Margolis, Joseph J Bonner, Joseph Saffire, Kenneth M Woolley, Matthew T Herrington, P Scott Stubbs, Samrat Sondhi and Spencer Kirk.
View institutional ownership trends
.

How do I buy shares of Extra Space Storage?

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

This page (NYSE:EXR) was last updated on 3/3/2024 by MarketBeat.com Staff