NYSE:EXR - Extra Space Storage Stock Price, Forecast & News

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, February 13th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.90 per share on Tuesday, March 31st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Friday, March 13th. View Extra Space Storage's Dividend History.

Extra Space Storage, Inc. (NYSE:EXR) released its quarterly earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.82 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.25 by $0.43. The real estate investment trust had revenue of $288.67 million for the quarter, compared to analysts' expectations of $291.10 million. Extra Space Storage had a net margin of 34.48% and a return on equity of 15.82%. The company's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 earnings per share. View Extra Space Storage's Earnings History.

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Extra Space Storage.

Extra Space Storage issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $4.99 to $5.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.06.

9 brokerages have issued 1 year price targets for Extra Space Storage's stock. Their forecasts range from $94.00 to $131.00. On average, they expect Extra Space Storage's stock price to reach $112.78 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Extra Space Storage.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Extra Space Storage.

Press coverage about EXR stock has been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Extra Space Storage earned a coverage optimism score of -4.4 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Extra Space Storage.

Extra Space Storage saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,660,000 shares, a decrease of 6.3% from the January 15th total of 6,040,000 shares. Based on an average daily volume of 928,600 shares, the short-interest ratio is currently 6.1 days. Approximately 4.5% of the shares of the company are sold short. View Extra Space Storage's Current Options Chain.

Some companies that are related to Extra Space Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), EPR Properties (EPR), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA) and Ryman Hospitality Properties (RHP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include Cisco Systems (CSCO), Home Depot (HD), AT&T (T), NVIDIA (NVDA), QUALCOMM (QCOM), Public Storage (PSA), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and Walt Disney (DIS).

Extra Space Storage's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (7.98%), State Street Corp (6.53%), FMR LLC (2.81%), Daiwa Securities Group Inc. (2.66%), Principal Financial Group Inc. (2.50%) and PGGM Investments (2.02%). Company insiders that own Extra Space Storage stock include Byambasaikhan Bayanjargal, 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.

EXR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Pictet Asset Management Ltd., Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., Janus Henderson Group PLC, Oxford Asset Management LLP and Renaissance Technologies 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.

EXR stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., PGGM Investments, Massachusetts Financial Services Co. MA, Heitman Real Estate Securities LLC, Franklin Resources Inc., MERIAN GLOBAL INVESTORS UK Ltd and MERIAN GLOBAL INVESTORS UK Ltd. 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, Robinhood, Fidelity and Charles Schwab.

One share of EXR stock can currently be purchased for approximately $99.76.

Extra Space Storage has a market capitalization of $12.93 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 3,624 workers across the globe.View Additional Information About Extra Space Storage.

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

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.