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.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone801-365-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.20 billion
Profitability
Miscellaneous
Employees3,624
Next Earnings Date10/29/2019 (Confirmed)
OptionableOptionable
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 declared a quarterly dividend on Monday, August 26th. Stockholders of record on Monday, September 16th will be given a dividend of $0.90 per share on Monday, September 30th. This represents a $3.60 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, September 13th. View Extra Space Storage's Dividend History.
How will Extra Space Storage's stock buyback program work?
Extra Space Storage announced that its Board of Directors has initiated a stock 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 buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Extra Space Storage's earnings last quarter?
Extra Space Storage, Inc. (NYSE:EXR) issued its earnings results on Tuesday, October, 30th. The real estate investment trust reported $1.02 earnings per share for the quarter, missing analysts' consensus estimates of $1.19 by $0.17. The real estate investment trust earned $266.70 million during the quarter, compared to analyst estimates of $266.81 million. Extra Space Storage had a return on equity of 16.71% and a net margin of 37.12%. Extra Space Storage's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.13 earnings per share. View Extra Space Storage's Earnings History.
When is Extra Space Storage's next earnings date?
How can I listen to Extra Space Storage's earnings call?
Extra Space Storage will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Extra Space Storage issued on next quarter's earnings?
Extra Space Storage updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $4.79-4.87 for the period, compared to the Thomson Reuters consensus estimate of $4.84.
What price target have analysts set for EXR?
8 Wall Street analysts have issued 12 month target prices for Extra Space Storage's shares. Their forecasts range from $94.00 to $131.00. On average, they expect Extra Space Storage's stock price to reach $114.18 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. 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 articles about EXR stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Extra Space Storage earned a news impact score of -2.8 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Extra Space Storage.
Who are some of Extra Space Storage's key competitors?
Some companies that are related to Extra Space Storage include CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Equinix (EQIX), Simon Property Group (SPG), Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Weyerhaeuser (WY) and Boston Properties (BXP).
What other stocks do shareholders of Extra Space Storage own?
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 many different of institutional and retail investors. Top institutional investors include Gradient Investments LLC (0.06%), State of Alaska Department of Revenue (0.03%), Manning & Napier Group LLC (0.02%), Pacer Advisors Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%) and Chesley Taft & Associates LLC (0.01%). 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 major investors are selling Extra Space Storage stock?
EXR stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Gradient Investments LLC and Manning & Napier Group 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 major investors are buying Extra Space Storage stock?
EXR stock was bought by a variety of institutional investors in the last quarter, including Enterprise Bank & Trust Co, Contravisory Investment Management Inc., Pacer Advisors Inc., Clarus Wealth Advisors and Chesley Taft & Associates 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 $115.40.
How big of a company is Extra Space Storage?
Extra Space Storage has a market capitalization of $14.93 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?
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)
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.
