NYSE:EXR - Extra Space Storage Stock Price, Price Target & More

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

Extra Space Storage declared a quarterly dividend on Thursday, May 24th. Shareholders of record on Friday, June 15th will be given a dividend of $0.86 per share on Friday, June 29th. This represents a $3.44 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Thursday, June 14th. This is an increase from Extra Space Storage's previous quarterly dividend of $0.78. View Extra Space Storage's Dividend History.

Extra Space Storage announced that its board has approved a share repurchase plan on Tuesday, November 14th 2017, which permits the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Extra Space Storage, Inc. (NYSE:EXR) announced its quarterly earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $1.09 by $0.39. The real estate investment trust had revenue of $247.88 million for the quarter, compared to the consensus estimate of $248.26 million. Extra Space Storage had a net margin of 44.28% and a return on equity of 18.85%. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 EPS. View Extra Space Storage's Earnings History.

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Extra Space Storage.

Extra Space Storage issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $4.57-$4.66 for the period, compared to the Thomson Reuters consensus estimate of $4.60. Extra Space Storage also updated its Q2 guidance to $1.12-$1.14 EPS.

13 brokerages have issued 1-year price objectives for Extra Space Storage's shares. Their predictions range from $80.00 to $110.00. On average, they anticipate Extra Space Storage's stock price to reach $91.50 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View Analyst Ratings for Extra Space Storage.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Extra Space Storage include CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC) and Realty Income (O).

Headlines about EXR stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Extra Space Storage earned a news sentiment score of 0.11 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 47.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Extra Space Storage's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BLACKROCK INC. (10.00%), NN Investment Partners Holdings N.V. (0.53%), Bank of Montreal Can (0.27%), Westpac Banking Corp (0.21%), Boston Advisors LLC (0.21%) and Gateway Investment Advisers LLC (0.15%). Company insiders that own Extra Space Storage stock include Dennis J Letham, Diane Olmstead, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, 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 NN Investment Partners Holdings N.V., Fisher Asset Management LLC, Manning & Napier Group LLC, State of Alaska Department of Revenue, Westpac Banking Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Fox Run Management L.L.C. and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold Extra Space Storage company stock in the last year include Diane Olmstead, Grace Kunde, Gwyn Goodson Mcneal, James Overturf, K Fred Skousen, Kenneth M Woolley, P Scott Stubbs, Samrat Sondhi and Spencer Kirk. View Insider Buying and Selling for Extra Space Storage.

EXR stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Boston Advisors LLC, Atria Investments LLC, Carderock Capital Management Inc., Xact Kapitalforvaltning AB, IFM Investors Pty Ltd and DnB Asset Management AS. 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, Scottrade, Fidelity and Charles Schwab.

One share of EXR stock can currently be purchased for approximately $94.01.

Extra Space Storage has a market capitalization of $12.20 billion and generates $1.11 billion in revenue each year. The real estate investment trust earns $479.01 million in net income (profit) each year or $4.38 on an earnings per share basis. Extra Space Storage employs 3,380 workers across the globe.

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 801-562-5556.