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Extra Space Storage Stock Price, Forecast & Analysis (NYSE:EXR)

$106.80
+0.30 (+0.28 %)
(As of 11/20/2019 03:42 AM ET)
Today's Range
$105.80
Now: $106.80
$107.18
50-Day Range
$105.49
MA: $112.34
$117.52
52-Week Range
$86.99
Now: $106.80
$124.46
Volume1.20 million shs
Average Volume849,291 shs
Market Capitalization$13.83 billion
P/E Ratio22.87
Dividend Yield3.38%
Beta0.14
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, DC and Puerto Rico. The Company's stores comprise approximately 1.2 million units and approximately 125.7 million square feet of rentable space. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP30225T10
Phone801-365-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.20 billion
Cash Flow$5.28 per share
Book Value$22.02 per share

Profitability

Net Income$415.29 million

Miscellaneous

Employees3,624
Market Cap$13.83 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Monday, November 11th. Investors of record on Monday, December 16th will be given a dividend of $0.90 per share on Tuesday, December 31st. This represents a $3.60 annualized dividend and a yield of 3.37%. The ex-dividend date is Friday, December 13th. View Extra Space Storage's Dividend History.

How were Extra Space Storage's earnings last quarter?

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

When is Extra Space Storage's next earnings date?

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

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

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

What price target have analysts set for EXR?

8 equities research analysts have issued twelve-month target prices for Extra Space Storage's stock. Their forecasts range from $94.00 to $131.00. On average, they expect Extra Space Storage's share price to reach $114.18 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Extra Space Storage.

What is the consensus analysts' recommendation 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.

Has Extra Space Storage been receiving favorable news coverage?

News headlines about EXR stock have trended extremely negative on Wednesday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Extra Space Storage earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Extra Space Storage.

Are investors shorting Extra Space Storage?

Extra Space Storage saw a decrease in short interest in October. As of October 31st, there was short interest totalling 4,610,000 shares, a decrease of 8.0% from the September 30th total of 5,010,000 shares. Based on an average trading volume of 884,300 shares, the days-to-cover ratio is currently 5.2 days. Approximately 3.7% of the company's stock are sold short. View Extra Space Storage's Current Options Chain.

Who are some of Extra Space Storage's key competitors?

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), Public Storage (PSA), AT&T (T), QUALCOMM (QCOM), Kinder Morgan (KMI), Mcdonald's (MCD), NVIDIA (NVDA), Intel (INTC) and Hanesbrands (HBI).

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 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%), Sumitomo Mitsui Trust Holdings Inc. (0.50%) and Duff & Phelps Investment Management Co. (0.35%). 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 institutional investors are selling Extra Space Storage stock?

EXR stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., SG Americas Securities LLC, Duff & Phelps Investment Management Co., Crossmark Global Holdings Inc., First Trust Advisors LP, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Moody Lynn & Lieberson LLC. 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.

Which institutional investors are buying Extra Space Storage stock?

EXR stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, California Public Employees Retirement System, Green Street Investors LLC, State of New Jersey Common Pension Fund D, Public Employees Retirement Association of Colorado, Robeco Institutional Asset Management B.V., Alberta Investment Management Corp and American Assets Capital Advisers LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Extra Space Storage's stock price today?

One share of EXR stock can currently be purchased for approximately $106.80.

How big of a company is Extra Space Storage?

Extra Space Storage has a market capitalization of $13.83 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.

What is Extra Space Storage's official website?

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

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 801-365-4600.


MarketBeat Community Rating for Extra Space Storage (NYSE EXR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  394 (Vote Outperform)
Underperform Votes:  479 (Vote Underperform)
Total Votes:  873
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.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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