NYSE:EXR - Extra Space Storage Stock Price, Forecast & News

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

Extra Space Storage declared a quarterly dividend on Monday, November 11th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.90 per share on Tuesday, December 31st. This represents a $3.60 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, December 13th. View Extra Space Storage's Dividend History.

Extra Space Storage, Inc. (NYSE:EXR) released its quarterly earnings results on Tuesday, October, 29th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.24 by $0.41. The real estate investment trust earned $290.92 million during the quarter, compared to analysts' expectations of $285.72 million. Extra Space Storage had a return on equity of 15.63% and a net margin of 34.38%. Extra Space Storage's revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $1.19 earnings per share. View Extra Space Storage's Earnings History.

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Extra Space Storage.

Extra Space Storage issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $4.84-4.87 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.86.

8 equities research analysts have issued 1-year price objectives for Extra Space Storage's shares. Their forecasts range from $94.00 to $131.00. On average, they anticipate Extra Space Storage's stock price to reach $114.18 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Extra Space Storage.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Extra Space Storage.

Press coverage about EXR stock has been trending extremely negative recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Extra Space Storage earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Extra Space Storage.

Extra Space Storage saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 4,610,000 shares, a decline of 8.0% from the October 31st total of 5,010,000 shares. Based on an average daily volume of 884,300 shares, the short-interest ratio is presently 5.2 days. Currently, 3.7% of the shares of the stock are sold short. View Extra Space Storage's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include Home Depot (HD), Cisco Systems (CSCO), AT&T (T), NVIDIA (NVDA), QUALCOMM (QCOM), Public Storage (PSA), Verizon Communications (VZ), Kinder Morgan (KMI), Mcdonald's (MCD) and Visa (V).

Extra Space Storage's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (6.91%), Daiwa Securities Group Inc. (1.77%), Massachusetts Financial Services Co. MA (1.28%), Russell Investments Group Ltd. (0.86%), California Public Employees Retirement System (0.84%) and Pictet Asset Management Ltd. (0.74%). Company insiders that own Extra Space Storage stock include Byambasaikhan Bayanjargal, 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.

EXR stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Voya Investment Management LLC, SG Americas Securities LLC, Duff & Phelps Investment Management Co., Millennium Management LLC, Crossmark Global Holdings Inc., State Street Corp and First Trust Advisors LP. Company insiders that have sold Extra Space Storage company stock in the last year include Grace Kunde, James Overturf, Joseph D Margolis, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi and Spencer Kirk. View Insider Buying and Selling for Extra Space Storage.

EXR stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Pictet Asset Management Ltd., California Public Employees Retirement System, Green Street Investors LLC, State of New Jersey Common Pension Fund D, Zimmer Partners LP, Public Employees Retirement Association of Colorado and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling 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 $107.50.

Extra Space Storage has a market capitalization of $13.92 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.View Additional Information About Extra Space Storage.

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

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 801-365-4600.