Extra Space Storage Company Profile (NYSE:EXR)

About Extra Space Storage

Extra Space Storage logoExtra 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: $79.14
  • 50 Day Moving Average: $74.71
  • 200 Day Moving Average: $75.89
  • 52-Week Range: $68.09 - $94.81
  • Trailing P/E Ratio: 34.32
  • Foreward P/E Ratio: 30.22
  • P/E Growth: 5.93
  • Market Cap: $10.00B
  • Outstanding Shares: 125,806,000
  • Beta: 0.41
Profitability:
  • Net Margins: 30.57%
  • Return on Equity: 14.98%
  • Return on Assets: 5.72%
Debt:
  • Debt-to-Equity Ratio: 1.58%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Additional Links:
Companies Related to Extra Space Storage:

Analyst Ratings

Consensus Ratings for Extra Space Storage (NYSE:EXR) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $88.70 (11.59% upside)

Analysts' Ratings History for Extra Space Storage (NYSE:EXR)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017Cantor FitzgeraldReiterated RatingNeutral$76.00View Rating Details
1/3/2017RBC Capital MarketsDowngradeOutperform -> Sector Perform$79.00View Rating Details
12/20/2016Jefferies Group LLCDowngradeBuy -> Hold$80.00View Rating Details
12/12/2016Morgan StanleyDowngradeEqual Weight -> UnderweightView Rating Details
11/9/2016BMO Capital MarketsReiterated RatingHold$80.00View Rating Details
9/12/2016KeyCorpLower Price TargetOverweight$98.00 -> $89.00View Rating Details
8/12/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$95.00 -> $106.00View Rating Details
7/29/2016DA DavidsonBoost Price TargetNeutral$90.00 -> $95.00View Rating Details
7/25/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$107.00 -> $100.00View Rating Details
5/9/2016Royal Bank of CanadaBoost Price TargetOutperform$88.00 -> $94.00View Rating Details
3/21/2016Evercore ISIBoost Price Target$88.00View Rating Details
11/10/2015BB&T Co.Initiated CoverageUnderweight$74.50 -> $74.50View Rating Details
10/2/2015Citigroup Inc.Boost Price TargetNeutral$70.00 -> $80.00View Rating Details
10/2/2015Bank of America CorpReiterated RatingOutperformView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$74.00 -> $72.00View Rating Details
7/23/2015Robert W. BairdInitiated CoverageOutperform$83.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Extra Space Storage (NYSE:EXR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/21/2017Q416$0.55$1.03$227.18 million$229.00 millionViewListenView Earnings Details
10/26/2016Q3$0.99$1.02$218.17 million$257.20 millionViewListenView Earnings Details
7/27/2016Q2$0.93$0.94$213.32 million$244.30 millionViewListenView Earnings Details
5/2/2016Q116$0.85$0.86$204.78 million$229.40 millionViewListenView Earnings Details
2/23/2016Q415$0.76$0.87$191.15 million$225.76 millionViewListenView Earnings Details
10/28/2015Q315$0.78$0.81$169.93 million$197.50 millionViewListenView Earnings Details
7/29/2015Q215$0.74$0.75$168.25 million$185.86 millionViewListenView Earnings Details
4/29/2015Q115$0.68$0.68$167.49 million$173.20 millionViewListenView Earnings Details
2/19/2015Q414$0.67$0.68$160.54 million$167.37 millionViewListenView Earnings Details
10/30/2014Q314$0.65$0.72$158.10 million$167.37 millionViewListenView Earnings Details
7/30/2014Q214$0.63$0.64$153.02 million$160.20 millionViewListenView Earnings Details
4/28/2014Q114$0.55$0.57$142.90 million$152.20 millionViewListenView Earnings Details
2/20/2014Q413$0.55$0.52$133.59 million$141.93 millionViewListenView Earnings Details
10/29/2013Q313$0.50$0.54$129.03 million$133.10 millionViewListenView Earnings Details
8/2/2013Q213$0.49$0.50$123.77 million$126.20 millionViewListenView Earnings Details
4/29/2013Q113$0.44$0.46$111.69 million$119.32 millionViewListenView Earnings Details
2/22/2013Q412$0.43$0.46$110.08 million$113.70 millionViewListenView Earnings Details
10/29/2012Q312$0.40$0.43$103.50 millionViewN/AView Earnings Details
7/30/2012$0.35$0.38ViewN/AView Earnings Details
4/30/2012$0.33$0.33ViewN/AView Earnings Details
2/21/2012$0.32$0.35ViewN/AView Earnings Details
10/27/2011$0.30$0.32ViewN/AView Earnings Details
7/28/2011$0.27$0.29ViewN/AView Earnings Details
4/27/2011$0.24$0.25ViewN/AView Earnings Details
2/22/2011$0.24$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Extra Space Storage (NYSE:EXR)
Current Year EPS Consensus Estimate: $2.47 EPS
Next Year EPS Consensus Estimate: $2.63 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.84$0.86$0.85
Q2 20162$0.91$0.95$0.93
Q3 20164$0.95$1.00$0.98
Q4 20163$0.97$1.00$0.98
Q1 20172$1.01$1.01$1.01
Q2 20171$1.06$1.06$1.06
Q3 20172$1.06$1.08$1.07
Q4 20172$1.09$1.10$1.10
Q1 20181$1.11$1.11$1.11
Q2 20181$1.11$1.11$1.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Extra Space Storage (NYSE:EXR)
Annual Dividend:$3.12
Dividend Yield:3.93%
Dividend Growth:26.40% (3 Year Average)
Payout Ratio:134.48% (Based on Trailing 12 Months of Earnings)
126.32% (Based on Current Year Consensus EPS Estimate)
118.63% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Extra Space Storage (NYSE:EXR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.784.04%3/13/20173/15/20173/31/2017
12/8/2016quarterly$0.784.16%12/15/201612/19/201612/30/2016
8/31/2016quarterly$0.783.88%9/13/20169/15/20169/30/2016
5/26/2016quarterly$0.783.37%6/13/20166/15/20166/30/2016
2/26/2016quarterly$0.592.84%3/11/20163/15/20163/31/2016
11/17/2015quarterly$0.592.9%12/11/201512/15/201512/31/2015
8/31/2015quarterly$0.593.21%9/11/20159/15/20159/30/2015
5/28/2015quarterly$0.593.34%6/11/20156/15/20156/30/2015
2/23/2015quarterly$0.472.85%3/12/20153/16/20153/31/2015
11/24/2014quarterly$0.473.21%12/11/201412/15/201412/31/2014
9/2/2014quarterly$0.473.49%9/11/20149/15/20149/30/2014
5/23/2014quarterly$0.473.57%6/11/20146/13/20146/30/2014
2/24/2014quarterly$0.403.35%3/12/20143/14/20143/28/2014
11/18/2013quarterly$0.403.91%12/11/201312/13/201312/31/2013
9/4/2013quarterly$0.403.9%9/12/20139/16/20139/30/2013
5/22/2013quarterly$0.403.69%6/12/20136/14/20136/28/2013
2/21/2013quarterly$0.252.62%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Extra Space Storage (NYSE:EXR)
Insider Ownership Percentage: 4.13%
Institutional Ownership Percentage: 99.92%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2017James OverturfEVPSell1,300$74.10$96,330.00View SEC Filing  
2/7/2017James OverturfCMOSell600$73.73$44,238.00View SEC Filing  
2/1/2017Spencer KirkDirectorSell20,000$71.88$1,437,600.00View SEC Filing  
1/12/2017James OverturfEVPSell1,300$74.45$96,785.00View SEC Filing  
1/3/2017Spencer KirkDirectorSell20,000$76.65$1,533,000.00View SEC Filing  
12/5/2016Spencer KirkCEOSell20,000$69.43$1,388,600.00View SEC Filing  
11/1/2016Spencer KirkCEOSell20,000$72.29$1,445,800.00View SEC Filing  
10/28/2016Dennis J LethamDirectorBuy2,000$71.76$143,520.00View SEC Filing  
10/3/2016Spencer KirkCEOSell20,000$78.26$1,565,200.00View SEC Filing  
9/1/2016Spencer KirkCEOSell20,000$80.66$1,613,200.00View SEC Filing  
8/1/2016Spencer KirkCEOSell20,000$86.42$1,728,400.00View SEC Filing  
7/1/2016Spencer KirkCEOSell20,000$91.59$1,831,800.00View SEC Filing  
6/1/2016Spencer KirkCEOSell20,000$93.00$1,860,000.00View SEC Filing  
5/12/2016P Scott StubbsCFOSell6,250$93.31$583,187.50View SEC Filing  
5/10/2016Gwyn Goodson McnealEVPSell500$93.50$46,750.00View SEC Filing  
5/10/2016Samrat SondhiCOOSell6,673$93.39$623,191.47View SEC Filing  
5/4/2016Grace KundeSVPSell1,700$89.47$152,099.00View SEC Filing  
5/2/2016Spencer KirkCEOSell20,000$86.06$1,721,200.00View SEC Filing  
4/1/2016Spencer KirkCEOSell20,000$93.39$1,867,800.00View SEC Filing  
3/10/2016Karl HaasDirectorSell22,486$84.92$1,909,511.12View SEC Filing  
3/1/2016Spencer KirkCEOSell20,000$83.60$1,672,000.00View SEC Filing  
2/1/2016Spencer KirkCEOSell20,000$90.16$1,803,200.00View SEC Filing  
12/1/2015Spencer KirkCEOSell20,000$84.41$1,688,200.00View SEC Filing  
11/19/2015Kenneth M. WoolleyChairmanSell200,000$80.68$16,136,000.00View SEC Filing  
11/2/2015Spencer KirkCEOSell20,000$79.13$1,582,600.00View SEC Filing  
10/1/2015Spencer KirkCEOSell20,000$76.92$1,538,400.00View SEC Filing  
9/1/2015Spencer KirkCEOSell20,000$72.40$1,448,000.00View SEC Filing  
7/1/2015Spencer KirkCEOSell20,000$65.65$1,313,000.00View SEC Filing  
5/1/2015Spencer KirkCEOSell20,000$65.88$1,317,600.00View SEC Filing  
4/1/2015Spencer KirkCEOSell20,000$67.04$1,340,800.00View SEC Filing  
3/3/2015Karl HaasDirectorSell10,990$65.91$724,350.90View SEC Filing  
3/2/2015Spencer KirkCEOSell20,000$66.16$1,323,200.00View SEC Filing  
2/2/2015Spencer KirkCEOSell20,000$64.94$1,298,800.00View SEC Filing  
1/2/2015Spencer KirkCEOSell20,000$58.73$1,174,600.00View SEC Filing  
8/7/2014James OverturfCMOSell1,975$52.17$103,035.75View SEC Filing  
5/27/2014Grace KundeSVPSell1,543$52.50$81,007.50View SEC Filing  
5/5/2014P Scott StubbsCFOSell12,500$51.60$645,000.00View SEC Filing  
3/13/2014Karl HaasDirectorSell20,740$49.14$1,019,163.60View SEC Filing  
9/16/2013Grace KundeVPSell1,700$44.35$75,395.00View SEC Filing  
9/10/2013Karl HaasCOOSell19,650$43.00$844,950.00View SEC Filing  
5/20/2013Kenneth M WoolleyChairmanSell38,015$44.36$1,686,345.40View SEC Filing  
5/17/2013Kenneth M WoolleyChairmanSell83,966$44.42$3,729,769.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Extra Space Storage (NYSE:EXR)
DateHeadline
capitalcube.com logoExtra Space Storage, Inc. :EXR-US: Earnings Analysis: Q4, 2016 By the Numbers : February 23, 2017 (NYSE:EXR)
www.capitalcube.com - February 23 at 5:07 PM
capitalcube.com logoExtra Space Storage, Inc. :EXR-US: Earnings Analysis: 2016 By the Numbers : February 23, 2017 (NYSE:EXR)
www.capitalcube.com - February 23 at 5:07 PM
nasdaq.com logoFinancial Sector Update for 02/22/2017: EXR,HCI,NYMT - Nasdaq (NYSE:EXR)
www.nasdaq.com - February 23 at 3:27 AM
News IconTrading Report: Following Shares of Extra Space Storage Inc. (NYSE:EXR) - Providence Standard (NYSE:EXR)
providencestandard.com - February 23 at 3:27 AM
News IconTrading Roundup: Checking Technicals for Extra Space Storage Inc (EXR) - Baxter Review (NYSE:EXR)
baxternewsreview.com - February 23 at 3:27 AM
finance.yahoo.com logoExtra Space Storage Inc. Reports 2016 Fourth Quarter and Year-End Results - Yahoo Finance (NYSE:EXR)
finance.yahoo.com - February 23 at 3:27 AM
finance.yahoo.com logoEdited Transcript of EXR earnings conference call or presentation 22-Feb-17 6:00pm GMT (NYSE:EXR)
finance.yahoo.com - February 23 at 3:27 AM
News IconExtra Space Storage, Inc. (EXR) Announces Quarterly Earnings Results (NYSE:EXR)
cloudhostinghq.net - February 22 at 5:24 PM
News IconExtra Space Storage Inc. (EXR) Consensus Earnings Outlook (NYSE:EXR)
brassale.net - February 22 at 5:24 PM
News IconStock Price of Extra Space Storage Inc (EXR) Increases 3% (NYSE:EXR)
techknowbits.com - February 22 at 5:24 PM
biz.yahoo.com logoExtra Space Storage Inc Earnings Call scheduled for 1:00 pm ET today (NYSE:EXR)
biz.yahoo.com - February 22 at 5:24 PM
News IconExtra Space Storage Inc (EXR): How fast will it grow? (NYSE:EXR)
simplywall.st - February 22 at 9:11 AM
4-traders.com logoEXTRA SPACE STORAGE INC. (NYSE:EXR) Files An 8-K Results of Operations and Financial Condition (NYSE:EXR)
www.4-traders.com - February 22 at 9:11 AM
biz.yahoo.com logoQ4 2016 Extra Space Storage Inc Earnings Release - After Market Close (NYSE:EXR)
us.rd.yahoo.com - February 22 at 9:11 AM
us.rd.yahoo.com logoExtra Space Storage Inc. Reports 2016 Fourth Quarter and Year-End Results (NYSE:EXR)
us.rd.yahoo.com - February 22 at 9:11 AM
us.rd.yahoo.com logo4:09 pm Extra Space Storage beats by $0.05, reports revs in-line; guides FY17 FFO in-line (NYSE:EXR)
us.rd.yahoo.com - February 22 at 9:11 AM
sg.finance.yahoo.com logoExtra Space Storage reports 4Q results (NYSE:EXR)
sg.finance.yahoo.com - February 22 at 9:11 AM
biz.yahoo.com logoEXTRA SPACE STORAGE INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:EXR)
biz.yahoo.com - February 22 at 9:11 AM
News IconDividend Growth of Extra Space Storage Inc(EXR) (NYSE:EXR)
prensariotiretail.com - February 18 at 4:46 PM
News IconMarket Scanner: Tracking Shares of Extra Space Storage Inc. (NYSE:EXR) - Rives Journal (NYSE:EXR)
rivesjournal.com - February 18 at 7:49 AM
News IconDividend Growth of Extra Space Storage Inc(EXR) - Highland Mirror (NYSE:EXR)
www.highlandmirror.com - February 17 at 3:29 PM
finance.yahoo.com logoExtra Space Storage Inc. Announces First Quarter 2017 Dividend (NYSE:EXR)
finance.yahoo.com - February 16 at 5:04 PM
fool.com logo3 Beaten-up High-Yield Dividend Stocks: Are They Bargains? (NYSE:EXR)
www.fool.com - February 10 at 5:40 PM
News IconInvestor Probe: Watching Technicals for Extra Space Storage Inc. (EXR) - Davidson Register (NYSE:EXR)
davidsonregister.com - February 7 at 11:19 PM
capitalcube.com logoExtra Space Storage, Inc. : EXR-US: Dividend Analysis : December 19th, 2016 (record date) : By the numbers : February 6, 2017 (NYSE:EXR)
www.capitalcube.com - February 6 at 5:09 PM
forbes.com logoExtra Space Storage Named Top Dividend Stock With Insider Buying and 4.34% Yield (EXR) (NYSE:EXR)
www.forbes.com - February 1 at 5:44 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Extra Space Storage Inc (NYSE:EXR)? - Wall Street Beacon (NYSE:EXR)
wsbeacon.com - January 31 at 4:24 AM
News IconLarge Buying Action and Inflow of Money Witnessed in Extra Space ... - Highland Mirror (NYSE:EXR)
www.highlandmirror.com - January 30 at 11:23 PM
capitalcube.com logoExtra Space Storage, Inc. breached its 50 day moving average in a Bearish Manner : EXR-US : January 30, 2017 (NYSE:EXR)
www.capitalcube.com - January 30 at 12:13 PM
4-traders.com logoExtra Space Storage : Inc. Announces Tax Reporting Information for 2016 Distributions (NYSE:EXR)
www.4-traders.com - January 26 at 11:33 PM
News IconWith Markets Booming Higher, Is This Stock Fairly Valued: Extra Space Storage Inc. (NYSE:EXR) - Aiken Advocate (NYSE:EXR)
aikenadvocate.com - January 26 at 6:32 PM
News IconAnalyst Research Report on Extra Space Storage Inc (EXR) - Highland Mirror (NYSE:EXR)
www.highlandmirror.com - January 26 at 6:32 PM
prnewswire.com logoExtra Space Storage Inc. Announces Tax Reporting Information for 2016 Distributions - PR Newswire (press release) (NYSE:EXR)
www.prnewswire.com - January 26 at 6:32 PM
finance.yahoo.com logoExtra Space Storage Inc. Announces Tax Reporting Information for 2016 Distributions (NYSE:EXR)
finance.yahoo.com - January 26 at 6:31 PM
News IconAdelante Capital Management LLC Holding in Public Storage (PSA) Upped by $14.05 Million as Stock Price Declined (NYSE:EXR)
randolphguide.com - January 25 at 6:31 PM
News IconEarnings in Full Force, Analysts Take Aim at Extra Space Storage Inc (NYSE:EXR) - Wall Street Beacon (NYSE:EXR)
wsbeacon.com - January 25 at 3:49 AM
nasdaq.com logoHow To YieldBoost Extra Space Storage To 15.4% Using Options (NYSE:EXR)
www.nasdaq.com - January 24 at 5:48 PM
News IconTechnical Update on Shares of Extra Space Storage Inc. (EXR) - Springdale Times (NYSE:EXR)
springdaletimes.com - January 22 at 3:04 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Extra Space Storage Inc. (NYSE:EXR) - Wall Street Beacon (NYSE:EXR)
wsbeacon.com - January 22 at 3:04 AM
News IconExtra Space Storage Inc (NYSE:EXR):Brokerage Firm Rating Analysis - Highland Mirror (NYSE:EXR)
www.highlandmirror.com - January 20 at 4:42 AM
News IconInvestor Notebook: Focusing in on Shares of Extra Space Storage Inc. (EXR) - Springdale Times (NYSE:EXR)
springdaletimes.com - January 19 at 6:39 PM
prnewswire.com logoExtra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year ... - PR Newswire (press release) (NYSE:EXR)
www.prnewswire.com - January 18 at 10:34 PM
finance.yahoo.com logoExtra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year-End 2016 Results (NYSE:EXR)
finance.yahoo.com - January 18 at 10:34 PM
capitalcube.com logoETFs with exposure to Extra Space Storage, Inc. : January 17, 2017 (NYSE:EXR)
www.capitalcube.com - January 17 at 5:51 PM
News IconWill The Needle Move For Extra Space Storage Inc (NYSE:EXR) Shares This Earnings Season? - Wall Street Beacon (NYSE:EXR)
wsbeacon.com - January 17 at 5:55 AM
News IconExtra Space Storage Inc. (EXR) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:EXR)
theusacommerce.com - January 16 at 5:09 PM
capitalcube.com logoExtra Space Storage, Inc. breached its 50 day moving average in a Bearish Manner : EXR-US : January 16, 2017 (NYSE:EXR)
www.capitalcube.com - January 16 at 9:45 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Extra Space Storage Inc (NYSE:EXR) - Wall Street Beacon (NYSE:EXR)
wsbeacon.com - January 14 at 4:03 AM
us.rd.yahoo.com logoNo More Moats in Self-Storage Stocks (NYSE:EXR)
us.rd.yahoo.com - January 13 at 11:01 PM
News IconExtra Space Storage Inc. (NYSE:EXR) Could See Steady Occupancy Levels at 93% in 2017 (NYSE:EXR)
stockmarketdaily.co - January 11 at 5:43 PM

Social

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 announced a quarterly dividend on Friday, February 17th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.78 per share on Friday, March 31st. This represents a $3.12 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Monday, March 13th.

Where is Extra Space Storage's stock going? Where will Extra Space Storage's stock price be in 2017?

10 brokerages have issued 12-month target prices for Extra Space Storage's stock. Their predictions range from $76.00 to $106.00. On average, they expect Extra Space Storage's stock price to reach $88.70 in the next twelve months.

When will Extra Space Storage announce their earnings?

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Extra Space Storage stock?

Here are some recent quotes from research analysts about Extra Space Storage stock:

  • According to Zacks Investment Research, "Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust that acquires, develops and operates self-storage facilities. " (2/22/2017)

  • Cantor Fitzgerald analysts commented, "We are reiterating our Neutral rating and $76 price target on EXR. 4Q core FFO/sh. beat our estimates and consensus by $0.05, with an increase in rental rates offset by a decline in occupancy. In line with CubeSmart and LifeStorage's results, there was a moderation in the deceleration in SS rev. growth rates in the quarter. As with the 4Q SS revenue growth rate, the outlook for 2017 implies that deceleration in growth will slow (5.2% in 4Q vs. 4-5% in 2017). On a relative basis, EXR's 2017 SS revenue growth may be slightly higher than that of CUBE, at 25bps, and 100bps higher than that of LSI. We maintain our Neutral rating largely on a relative valuation basis. EXR is trading at an 8.1% NAV/sh. premium (Cantor ests.) vs. 0.6% for self-storage peers (average for CUBE, LSI and PSA)." (2/22/2017)

Who owns Extra Space Storage stock?

Extra Space Storage's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (11.37%), State Street Corp (5.81%), Dimensional Fund Advisors LP (1.32%), Santa Barbara Asset Management LLC (0.78%), Guggenheim Capital LLC (0.43%) and Asset Management One Co. Ltd. (0.39%). Company insiders that own Extra Space Storage stock include Dennis J Letham, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Karl Haas, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi and Spencer Kirk.

Who sold Extra Space Storage stock? Who is selling Extra Space Storage stock?

Extra Space Storage's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, State Street Corp, Franklin Resources Inc., Credit Agricole S A, AQR Capital Management LLC, Baird Financial Group Inc., TCW Group Inc. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Extra Space Storage stock in the last year include Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Karl Haas, P Scott Stubbs, Samrat Sondhi and Spencer Kirk.

Who bought Extra Space Storage stock? Who is buying Extra Space Storage stock?

Extra Space Storage's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Asset Management One Co. Ltd., Waratah Capital Advisors Ltd., Dimensional Fund Advisors LP, Rafferty Asset Management LLC, Alyeska Investment Group L.P. and Elkfork Partners LLC.

How do I buy Extra Space Storage stock?

Shares of Extra Space Storage can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Extra Space Storage stock cost?

One share of Extra Space Storage stock can currently be purchased for approximately $79.49.

Extra Space Storage (NYSE:EXR) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Extra Space Storage (NYSE:EXR)

Earnings History Chart

Earnings by Quarter for Extra Space Storage (NYSE:EXR)

Dividend History Chart

Dividend Payments by Quarter for Extra Space Storage (NYSE:EXR)

Last Updated on 2/25/2017 by MarketBeat.com Staff