Extra Space Storage Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last twelve months. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Extra Space Storage stock.
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Extra Space Storage is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
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Extra Space Storage will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Extra Space Storage Inc. (NYSE:EXR) posted its quarterly earnings data on Sunday, February, 21st. The real estate investment trust reported $1.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.35 by $0.16. The real estate investment trust earned $301.10 million during the quarter, compared to the consensus estimate of $293.09 million. Extra Space Storage had a trailing twelve-month return on equity of 16.54% and a net margin of 34.54%. Extra Space Storage's revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 EPS.
View Extra Space Storage's earnings history.

Extra Space Storage's stock was trading at $104.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EXR shares have increased by 41.3% and is now trading at $147.52.
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Extra Space Storage declared a quarterly dividend on Thursday, February 18th. Shareholders of record on Monday, March 15th will be paid a dividend of $1.00 per share on Wednesday, March 31st. This represents a $4.00 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, March 12th. This is an increase from Extra Space Storage's previous quarterly dividend of $0.90.
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Extra Space Storage pays an annual dividend of $4.00 per share and currently has a dividend yield of 2.73%. Extra Space Storage does not yet have a strock track record of dividend growth. The dividend payout ratio of Extra Space Storage is 81.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Extra Space Storage will have a dividend payout ratio of 73.39% next year. This indicates that Extra Space Storage will be able to sustain or increase its dividend.
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Extra Space Storage updated its FY21 earnings guidance on Monday, February, 22nd. The company provided earnings per share (EPS) guidance of $5.85-$6.05 for the period, compared to the Thomson Reuters consensus estimate of $5.48.

11 analysts have issued 1 year target prices for Extra Space Storage's stock. Their forecasts range from $111.00 to $147.00. On average, they anticipate Extra Space Storage's stock price to reach $129.00 in the next twelve months. This suggests that the stock has a possible downside of 12.6%.
View analysts' price targets for Extra Space Storage or view top-rated stocks among Wall Street analysts.

556 employees have rated Extra Space Storage CEO Joe Margolis on Glassdoor.com. Joe Margolis has an approval rating of 84% among Extra Space Storage's employees.

Some companies that are related to Extra Space Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Rayonier (RYN), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), PotlatchDeltic (PCH), Sabra Health Care REIT (SBRA) and EPR Properties (EPR).
View all of EXR's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include The Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), AT&T (T), NVIDIA (NVDA), Johnson & Johnson (JNJ), McDonald's (MCD), QUALCOMM (QCOM), Honeywell International (HON) and Verizon Communications (VZ).

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

Extra Space Storage's stock is owned by many different retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.12%), Retirement Systems of Alabama (0.10%), Stock Yards Bank & Trust Co. (0.05%), State of Alaska Department of Revenue (0.05%), CHURCHILL MANAGEMENT Corp (0.04%) and Royal London Asset Management Ltd. (0.04%). Company insiders that own Extra Space Storage stock include Byambasaikhan Bayanjargal, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi, Spencer Kirk and William N Springer.
View institutional ownership trends for Extra Space Storage.

EXR stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, New York State Teachers Retirement System, Venturi Wealth Management LLC, Enterprise Bank & Trust Co, Sentry Investment Management LLC, Pacer Advisors Inc., Crossmark Global Holdings Inc., and Hartford Investment Management Co.. Company insiders that have sold Extra Space Storage company stock in the last year include Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, Kenneth M Woolley, P Scott Stubbs, Spencer Kirk, and William N Springer.
View insider buying and selling activity for Extra Space Storage or view top insider-selling stocks.

EXR stock was acquired by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Retirement Systems of Alabama, State of Alaska Department of Revenue, First Citizens Bank & Trust Co., Everence Capital Management Inc., Stock Yards Bank & Trust Co., Redpoint Investment Management Pty Ltd, and Oregon Public Employees Retirement Fund.
View insider buying and selling activity for Extra Space Storage or or view top insider-buying stocks.

Shares of EXR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EXR stock can currently be purchased for approximately $147.52.

Extra Space Storage has a market capitalization of $19.72 billion and generates $1.31 billion in revenue each year. The real estate investment trust earns $419.97 million in net income (profit) each year or $4.88 on an earnings per share basis.

Extra Space Storage employs 4,013 workers across the globe.

Extra Space Storage was founded in 1977.

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

Extra Space Storage is headquartered at 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121.

Extra Space Storage's mailing address is 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121. The real estate investment trust can be reached via phone at 801-365-4600.