Extra Space Storage Company Profile (NYSE:EXR)

About Extra Space Storage

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. The Company owns, operates, manages, acquires, develops and redevelops self-storage properties (stores). The Company has interests in approximately 1000 operating stores. Of these stores, the Company owns approximately 270 stores in joint venture partnerships. An additional approximately 350 operating stores are owned by third parties and operated by the Company. The Company's operating stores are located in over 30 states of the United States, Washington D.C. and Puerto Rico, and contains approximately 100 million square feet of net rentable space in approximately 896,000 units. The Company's businesses are conducted through Extra Space Storage LP. The Company's rental operations activities include rental operations of stores.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Industrial
Sub-Industry: Specialized REITs
Exchange: NYSE
Symbol: EXR
CUSIP: 30225T10

Key Metrics:

Previous Close: $81.38
50 Day Moving Average: $80.65
200 Day Moving Average: $87.80
52-Week Range: $74.77 - $94.81
Trailing P/E Ratio: 41.35
Foreward P/E Ratio: 19.56
P/E Growth: 2.60
Market Cap: $10.24B
Outstanding Shares: 125,789,000
Beta: 0.76

Profitability:

Net Margins: 27.43%
Return on Equity: 13.27%
Return on Assets: 5.15%

Debt:

Debt-to-Equity Ratio: 1.55%
Current Ratio: 0.62%
Quick Ratio: 0.62%

Additional Links:

Companies Related to Extra Space Storage:

Consensus Ratings for Extra Space Storage (NYSE:EXR) (?)

Ratings Breakdown:	1 Sell Rating, 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:	Hold (Score: 2.42)
Consensus Price Target:	$91.68 (12.66% upside)

Analysts' Ratings History for Extra Space Storage (NYSE:EXR)

Show:

Date	Firm	Action	Rating	Price Target
9/12/2016	KeyCorp	Lower Price Target	Overweight	$98.00 -> $89.00
8/26/2016	Cantor Fitzgerald	Reiterated Rating	Hold
8/12/2016	Raymond James Financial Inc.	Downgrade	Strong-Buy -> Outperform	$95.00 -> $106.00
8/10/2016	Jefferies Group	Lower Price Target	Buy	$115.00 -> $105.00
7/29/2016	DA Davidson	Boost Price Target	Neutral	$90.00 -> $95.00
7/25/2016	SunTrust Banks Inc.	Downgrade	Buy -> Neutral	$107.00 -> $100.00
5/17/2016	BMO Capital Markets	Reiterated Rating	Buy
5/9/2016	Royal Bank Of Canada	Boost Price Target	Outperform	$88.00 -> $94.00
3/21/2016	Evercore ISI	Boost Price Target		$88.00
11/10/2015	BB&T Corp.	Initiated Coverage	Underweight	$74.50 -> $74.50
10/2/2015	Citigroup Inc.	Boost Price Target	Neutral	$70.00 -> $80.00
10/2/2015	Bank of America Corp.	Reiterated Rating	Outperform
9/8/2015	Evercore Partners Inc.	Lower Price Target	Hold	$74.00 -> $72.00
7/23/2015	Robert W. Baird	Initiated Coverage	Outperform	$83.00
7/17/2015	Morgan Stanley	Reiterated Rating	Equal Weight	$61.00

(Data available from 9/27/2014 forward)

Earnings History for Extra Space Storage (NYSE:EXR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/26/2016
7/27/2016	Q2	$0.93	$0.94	$213.32 million	$244.30 million	View	Listen
5/2/2016	Q116	$0.85	$0.86	$204.78 million	$229.40 million	View	Listen
2/23/2016	Q415	$0.76	$0.87	$191.15 million	$225.76 million	View	Listen
10/28/2015	Q315	$0.78	$0.81	$169.93 million	$197.50 million	View	Listen
7/29/2015	Q215	$0.74	$0.75	$168.25 million	$185.86 million	View	Listen
4/29/2015	Q115	$0.68	$0.68	$167.49 million	$173.20 million	View	Listen
2/19/2015	Q414	$0.67	$0.68	$160.54 million	$167.37 million	View	Listen
10/30/2014	Q314	$0.65	$0.72	$158.10 million	$167.37 million	View	Listen
7/30/2014	Q214	$0.63	$0.64	$153.02 million	$160.20 million	View	Listen
4/28/2014	Q114	$0.55	$0.57	$142.90 million	$152.20 million	View	Listen
2/20/2014	Q413	$0.55	$0.52	$133.59 million	$141.93 million	View	Listen
10/29/2013	Q313	$0.50	$0.54	$129.03 million	$133.10 million	View	Listen
8/2/2013	Q213	$0.49	$0.50	$123.77 million	$126.20 million	View	Listen
4/29/2013	Q113	$0.44	$0.46	$111.69 million	$119.32 million	View	Listen
2/22/2013	Q412	$0.43	$0.46	$110.08 million	$113.70 million	View	Listen
10/29/2012	Q312	$0.40	$0.43	$103.50 million		View	N/A
7/30/2012		$0.35	$0.38			View	N/A
4/30/2012		$0.33	$0.33			View	N/A
2/21/2012		$0.32	$0.35			View	N/A
10/27/2011		$0.30	$0.32			View	N/A
7/28/2011		$0.27	$0.29			View	N/A
4/27/2011		$0.24	$0.25			View	N/A
2/22/2011		$0.24	$0.29			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Extra Space Storage (NYSE:EXR)

Current Year EPS Consensus Estimate: $3.74 EPS
Next Year EPS Consensus Estimate: $4.16 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	3	$0.84	$0.86	$0.85
Q2 2016	2	$0.91	$0.95	$0.93
Q3 2016	4	$0.95	$1.00	$0.98
Q4 2016	3	$0.97	$1.00	$0.99
Q1 2017	2	$1.01	$1.01	$1.01
Q2 2017	1	$1.06	$1.06	$1.06
Q3 2017	2	$1.06	$1.08	$1.07
Q4 2017	2	$1.09	$1.10	$1.10

(Data provided by Zacks Investment Research)

Current Dividend Information for Extra Space Storage (NYSE:EXR)

Annual Dividend:	$3.12
Dividend Yield:	3.83%
Dividend Growth:	38.10% (3 Year Average)
Payout Ratio:	158.38% (Based on Trailing 12 Months of Earnings) 83.42% (Based on Current Year Consensus EPS Estimate) 75.00% (Based on Next Year Consensus EPS Estimate)
Track Record:	5 Years of Consecutive Dividend Growth

Dividend History for Extra Space Storage (NYSE:EXR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/31/2016	quarterly	$0.78	3.88%	9/13/2016	9/15/2016	9/30/2016
5/26/2016	quarterly	$0.78	3.37%	6/13/2016	6/15/2016	6/30/2016
2/26/2016	quarterly	$0.59	2.84%	3/11/2016	3/15/2016	3/31/2016
11/17/2015	quarterly	$0.59	2.9%	12/11/2015	12/15/2015	12/31/2015
8/31/2015	quarterly	$0.59	3.21%	9/11/2015	9/15/2015	9/30/2015
5/28/2015	quarterly	$0.59	3.34%	6/11/2015	6/15/2015	6/30/2015
2/23/2015	quarterly	$0.47	2.85%	3/12/2015	3/16/2015	3/31/2015
11/24/2014	quarterly	$0.47	3.21%	12/11/2014	12/15/2014	12/31/2014
9/2/2014	quarterly	$0.47	3.49%	9/11/2014	9/15/2014	9/30/2014
5/23/2014	quarterly	$0.47	3.57%	6/11/2014	6/13/2014	6/30/2014
2/24/2014	quarterly	$0.40	3.35%	3/12/2014	3/14/2014	3/28/2014
11/18/2013	quarterly	$0.40	3.91%	12/11/2013	12/13/2013	12/31/2013
9/4/2013	quarterly	$0.40	3.9%	9/12/2013	9/16/2013	9/30/2013
5/22/2013	quarterly	$0.40	3.69%	6/12/2013	6/14/2013	6/28/2013
2/21/2013	quarterly	$0.25	2.62%	3/13/2013	3/15/2013	3/29/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Extra Space Storage (NYSE:EXR)

Insider Ownership Percentage: 4.13%
Institutional Ownership Percentage: 96.31%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/1/2016	Spencer Kirk	CEO	Sell	20,000	$80.66	$1,613,200.00
8/1/2016	Spencer Kirk	CEO	Sell	20,000	$86.42	$1,728,400.00
7/1/2016	Spencer Kirk	CEO	Sell	20,000	$91.59	$1,831,800.00
6/1/2016	Spencer Kirk	CEO	Sell	20,000	$93.00	$1,860,000.00
5/12/2016	P Scott Stubbs	CFO	Sell	6,250	$93.31	$583,187.50
5/10/2016	Gwyn Goodson Mcneal	EVP	Sell	500	$93.50	$46,750.00
5/10/2016	Samrat Sondhi	COO	Sell	6,673	$93.39	$623,191.47
5/4/2016	Grace Kunde	SVP	Sell	1,700	$89.47	$152,099.00
5/2/2016	Spencer Kirk	CEO	Sell	20,000	$86.06	$1,721,200.00
4/1/2016	Spencer Kirk	CEO	Sell	20,000	$93.39	$1,867,800.00
3/10/2016	Karl Haas	Director	Sell	22,486	$84.92	$1,909,511.12
3/1/2016	Spencer Kirk	CEO	Sell	20,000	$83.60	$1,672,000.00
2/1/2016	Spencer Kirk	CEO	Sell	20,000	$90.16	$1,803,200.00
12/1/2015	Spencer Kirk	CEO	Sell	20,000	$84.41	$1,688,200.00
11/19/2015	Kenneth M. Woolley	Chairman	Sell	200,000	$80.68	$16,136,000.00
11/2/2015	Spencer Kirk	CEO	Sell	20,000	$79.13	$1,582,600.00
10/1/2015	Spencer Kirk	CEO	Sell	20,000	$76.92	$1,538,400.00
9/1/2015	Spencer Kirk	CEO	Sell	20,000	$72.40	$1,448,000.00
7/1/2015	Spencer Kirk	CEO	Sell	20,000	$65.65	$1,313,000.00
5/1/2015	Spencer Kirk	CEO	Sell	20,000	$65.88	$1,317,600.00
4/1/2015	Spencer Kirk	CEO	Sell	20,000	$67.04	$1,340,800.00
3/3/2015	Karl Haas	Director	Sell	10,990	$65.91	$724,350.90
3/2/2015	Spencer Kirk	CEO	Sell	20,000	$66.16	$1,323,200.00
2/2/2015	Spencer Kirk	CEO	Sell	20,000	$64.94	$1,298,800.00
1/2/2015	Spencer Kirk	CEO	Sell	20,000	$58.73	$1,174,600.00
8/7/2014	James Overturf	CMO	Sell	1,975	$52.17	$103,035.75
5/27/2014	Grace Kunde	SVP	Sell	1,543	$52.50	$81,007.50
5/5/2014	P Scott Stubbs	CFO	Sell	12,500	$51.60	$645,000.00
3/13/2014	Karl Haas	Director	Sell	20,740	$49.14	$1,019,163.60
9/16/2013	Grace Kunde	VP	Sell	1,700	$44.35	$75,395.00
9/10/2013	Karl Haas	COO	Sell	19,650	$43.00	$844,950.00
5/20/2013	Kenneth M Woolley	Chairman	Sell	38,015	$44.36	$1,686,345.40
5/17/2013	Kenneth M Woolley	Chairman	Sell	83,966	$44.42	$3,729,769.72

(Data available from 1/1/2013 forward)

Latest Headlines for Extra Space Storage (NYSE:EXR)

Date	Headline
	Noteworthy Analyst Ratings of Two Stocks Cadence Design Systems Inc (NASDAQ:CDNS), Extra Space Storage, Inc ... - The Voice Registrar (NYSE:EXR) voiceregistrar.com - September 24 at 9:34 AM
	Tracking This Dividend Stock With Upside Possibility: Extra Space Storage Inc. (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - September 21 at 5:29 PM
	Top Earnings to Watch for: Extra Space Storage Inc. (NYSE:EXR) - The Voice Registrar (NYSE:EXR) voiceregistrar.com - September 21 at 5:29 PM
	Analysts Valuations For Two Stocks: National Retail Properties, Inc. (NYSE:NNN), Extra Space Storage, Inc. (NYSE:EXR) - The Voice Registrar (NYSE:EXR) voiceregistrar.com - September 20 at 8:47 AM
	Financial Stocks Worth Chasing: CNO Financial Group, Inc. (CNO), Extra Space Storage Inc. (EXR) - The Independent Republic (NYSE:EXR) theindependentrepublic.com - September 16 at 8:42 AM
	REIT Stocks Under Scanner -- Prologis, Duke Realty, Extra Space Storage, and Rexford Industrial Realty - PR Newswire (press release) (NYSE:EXR) www.prnewswire.com - September 15 at 5:20 PM
	EXR Crosses Above 4% Yield Territory (NYSE:EXR) www.forbes.com - September 14 at 5:00 PM
	Analysts Valuations For Two Stocks: Penske Automotive Group, Inc. (NYSE:PAG), Extra Space Storage, Inc. (NYSE:EXR) - The Voice Registrar (NYSE:EXR) voiceregistrar.com - September 14 at 9:06 AM
	EXR Crosses Above 4% Yield Territory - Forbes (NYSE:EXR) www.forbes.com - September 14 at 9:06 AM
	Truces Call By Bulls and Bears: Verizon Communications (NYSE:VZ), Extra Space Storage (NYSE:EXR), Medivation ... - Street Wise Report (press release) (blog) (NYSE:EXR) streetwisereport.com - September 13 at 9:48 AM
	Extra Space Storage is Oversold - Nasdaq (NYSE:EXR) www.nasdaq.com - September 13 at 9:48 AM
	Extra Space Storage (EXR) CEO Kirk to Retire - StreetInsider.com (NYSE:EXR) www.streetinsider.com - September 13 at 9:48 AM
	Extra Space Storage Inc (NYSE:EXR): The Buzzing Stock \| Stocks ... - Stocks Daily (NYSE:EXR) www.stocksdaily.net - September 12 at 4:47 PM
	Spencer Kirk to step down as CEO of Extra Space Storage (NYSE:EXR) seekingalpha.com - September 12 at 9:47 AM
	Extra Space Storage Appoints Joe Margolis To Succeed Spencer Kirk As CEO (NYSE:EXR) www.rttnews.com - September 12 at 9:47 AM
	Extra Space Storage (EXR) CEO Kirk to Retire (NYSE:EXR) www.streetinsider.com - September 12 at 9:47 AM
	6:03 am Extra Space Storage announces Spencer Kirk will retire as CEO effective Dec 31, 2016, Board selects Joseph Margolis to succeed as CEO, effective Jan 1 (NYSE:EXR) finance.yahoo.com - September 12 at 9:47 AM
	Extra Space Storage Announces Executive Leadership Transition (NYSE:EXR) www.publicnow.com - September 12 at 9:47 AM
	EXTRA SPACE STORAGE INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Fin (NYSE:EXR) biz.yahoo.com - September 12 at 9:47 AM
	Placing Extra Space Storage Inc (NYSE:EXR) Shares Under the Microscope - Post News (NYSE:EXR) www.kentuckypostnews.com - September 9 at 4:48 PM
	Extra Space Storage Inc (NYSE:EXR) From The Analysts Point of View - National Daily Press (NYSE:EXR) www.nationaldailypress.com - September 9 at 4:48 PM
	Extra Space Storage Inc. to Present at Bank of America Merrill Lynch 2016 Global Real Estate Conference - PR Newswire (press release) (NYSE:EXR) www.prnewswire.com - September 9 at 9:45 AM
	Extra Space Storage Inc. to Present at Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:EXR) finance.yahoo.com - September 9 at 9:45 AM
	Today's Top Gainers in the Market Extra Space Storage Inc. (NYSE ... - The Daily Leicester (NYSE:EXR) thedailyleicester.com - September 7 at 8:16 AM
	ETF’s with exposure to Extra Space Storage, Inc. : September 6, 2016 (NYSE:EXR) www.capitalcube.com - September 6 at 4:50 PM
	Shares Higher Over the Last Five Trading Sessions: Extra Space Storage Inc. (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - September 6 at 9:46 AM
	Stock Struggling for the Quarter: Extra Space Storage Inc. (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - September 4 at 9:24 AM
	34 must-visit gems in metro Denver (Photos) (NYSE:EXR) www.bizjournals.com - September 1 at 6:25 AM
	Can Extra Space Storage Inc (NYSE:EXR) Surprise Analysts? - Investor Newswire (NYSE:EXR) www.investornewswire.com - August 29 at 4:51 PM
	Extra Space Storage Inc. Announces Third Quarter 2016 Dividend (NYSE:EXR) www.publicnow.com - August 29 at 4:51 PM
	Extra Space Storage Inc. (NYSE:EXR) missed earnings on 1 occasions - The Independent Republic (NYSE:EXR) theindependentrepublic.com - August 25 at 10:12 PM
	Extra Space Storage Inc. (NYSE:EXR) from REIT – Industrial – Todays Top Gains (NYSE:EXR) twincountynews.com - August 24 at 4:51 PM
	ETF’s with exposure to Extra Space Storage, Inc. : August 24, 2016 (NYSE:EXR) www.capitalcube.com - August 24 at 4:51 PM
	Ratings & Crowd Appeal on Extra Space Storage Inc (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - August 21 at 4:36 PM
	REIT – Industrial: Extra Space Storage Inc. (NYSE:EXR) Position of the day (NYSE:EXR) twincountynews.com - August 19 at 4:54 PM
	Street Consensus on Extra Space Storage Inc (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - August 19 at 6:10 AM
	Monitoring the Consensus for Extra Space Storage Inc (NYSE:EXR) - Post News (NYSE:EXR) www.kentuckypostnews.com - August 18 at 6:11 AM
	Is Extra Space Storage Inc.(NYSE: EXR), a large market cap stock a ... - The Daily Leicester (NYSE:EXR) thedailyleicester.com - August 18 at 6:11 AM
	Large Cap REIT – Industrial: Extra Space Storage Inc. (NYSE:EXR) (NYSE:EXR) twincountynews.com - August 17 at 10:13 PM
	Extra Space Storage Inc. (NYSE:EXR) – Top Stock from Financial ... - The Daily Leicester (NYSE:EXR) thedailyleicester.com - August 17 at 5:41 AM
	Top Gainers of the Day: Extra Space Storage Inc. (NYSE:EXR) from REIT – Industrial (NYSE:EXR) twincountynews.com - August 16 at 10:05 PM
	Will Extra Space Storage Inc (NYSE:EXR) Surprise Analysts This Quarter? (NYSE:EXR) www.stocksdaily.net - August 12 at 4:58 PM
	EXTRA SPACE STORAGE INC. Financials (NYSE:EXR) finance.yahoo.com - August 12 at 4:58 PM
	Is Extra Space Storage Inc. (NYSE:EXR), a large market cap stock a smart buy? (NYSE:EXR) twincountynews.com - August 11 at 5:08 PM
	Leading stocks in today’s market: Extra Space Storage Inc. (NYSE:EXR) (NYSE:EXR) twincountynews.com - August 10 at 12:19 PM
	Here Are Research Reports Worth Watching: Extra Space Storage ... - Review Fortune (NYSE:EXR) reviewfortune.com - August 9 at 5:58 AM
	Extra Space Storage Inc (EXR) Shares are Down -4.12% - Trade Calls (NYSE:EXR) www.tradecalls.org - August 8 at 5:05 PM
	EXTRA SPACE STORAGE INC. Files SEC form 10-Q, Quarterly Report (NYSE:EXR) biz.yahoo.com - August 5 at 10:11 PM
	ETF’s with exposure to Extra Space Storage, Inc. : August 5, 2016 (NYSE:EXR) www.capitalcube.com - August 5 at 4:59 PM
	Analysts Rating to Track: Extra Space Storage, Inc. (NYSE:EXR) - The Voice Registrar (NYSE:EXR) voiceregistrar.com - August 4 at 10:42 PM