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 announced 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 3.56%. The ex-dividend date is Thursday, June 14th. This is a boost from Extra Space Storage's previous quarterly dividend of $0.78. View Extra Space Storage's Dividend History.

Extra Space Storage declared that its board has initiated a stock buyback program on Tuesday, November 14th 2017, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Extra Space Storage, Inc. (NYSE:EXR) posted its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.70 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by $0.39. The real estate investment trust had revenue of $247.88 million for the quarter, compared to analyst estimates of $248.26 million. Extra Space Storage had a return on equity of 18.85% and a net margin of 44.28%. The firm's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 earnings per share guidance of $4.57-$4.66 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.60. Extra Space Storage also updated its Q2 guidance to $1.12-$1.14 EPS.

13 equities research analysts have issued 1-year target prices for Extra Space Storage's stock. Their forecasts range from $80.00 to $110.00. On average, they anticipate Extra Space Storage's stock price to reach $91.25 in the next year. This suggests that the stock has a possible downside of 5.6%. 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 9 hold ratings and 4 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 Essex Property Trust (ESS).

Headlines about EXR stock have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Extra Space Storage earned a news sentiment score of 0.15 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 46.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Extra Space Storage's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BLACKROCK INC. (10.00%), NN Investment Partners Holdings N.V. (0.53%), Bank of Montreal Can (0.27%), Gateway Investment Advisers LLC (0.15%), Fisher Asset Management LLC (0.12%) and State of Alaska Department of Revenue (0.05%). 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, Fjarde AP Fonden Fourth Swedish National Pension Fund and Gateway Investment Advisers LLC. 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 purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, 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 $96.71.

Extra Space Storage has a market capitalization of $12.21 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.