Lowest-Rated Stocks NYSE:EXR Extra Space Storage - EXR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Extra Space Storage Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $154.79 -2.80 (-1.78%) (As of 01/30/2023 11:59 AM ET) Add Compare Share Share Today's Range$154.77▼$158.2850-Day Range$141.04▼$160.6952-Week Range$139.97▼$222.35Volume287,683 shsAverage Volume909,731 shsMarket Capitalization$20.73 billionP/E Ratio22.47Dividend Yield3.81%Price Target$170.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Extra Space Storage MarketRank™ ForecastAnalyst RatingHold2.10 Rating ScoreUpside/Downside9.8% Upside$170.33 Price TargetShort InterestHealthy3.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.57Upright™ Environmental ScoreNews Sentiment0.51Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth3.80%From $8.43 to $8.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsFinance Sector220th out of 891 stocksReal Estate Investment Trusts Industry43rd out of 191 stocks 2.1 Analyst's Opinion Consensus RatingExtra Space Storage has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 3 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $170.33, Extra Space Storage has a forecasted upside of 9.8% from its current price of $155.20.Amount of Analyst CoverageExtra Space Storage has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.03% of the float of Extra Space Storage has been sold short.Short Interest Ratio / Days to CoverExtra Space Storage has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Extra Space Storage has recently decreased by 0.50%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend LeadershipExtra Space Storage is a leading dividend payer. It pays a dividend yield of 3.81%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthExtra Space Storage has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Extra Space Storage is 87.08%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Extra Space Storage will have a dividend payout ratio of 68.57% next year. This indicates that Extra Space Storage will be able to sustain or increase its dividend. Previous Next 4.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreExtra Space Storage has received a 55.48% net impact score from Upright. Extra Space Storage seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Storage unit leasing services" product. See details.Environmental SustainabilityThe Environmental Impact score for Extra Space Storage is -0.57. Previous Next 2.5 News and Social Media Coverage News SentimentExtra Space Storage has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Extra Space Storage this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for EXR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows8 people have added Extra Space Storage to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Extra Space Storage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.52% of the stock of Extra Space Storage is held by insiders.Percentage Held by Institutions95.32% of the stock of Extra Space Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Extra Space Storage are expected to grow by 3.80% in the coming year, from $8.43 to $8.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Extra Space Storage is 22.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Extra Space Storage is 22.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 179.02.Price to Earnings Growth RatioExtra Space Storage has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioExtra Space Storage has a P/B Ratio of 5.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Extra Space Storage (NYSE:EXR) StockExtra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rental operations of wholly-owned stores. The Tenant Reinsurance segment includes reinsurance of risks relating to the loss of goods stored by tenants in stores. The company was founded by Kenneth Musser Woolley on April 30, 2004, and is headquartered in Salt Lake City, UT.Read More Receive EXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Extra Space Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address EXR Stock News HeadlinesJanuary 27, 2023 | americanbankingnews.comBrokerages Set Extra Space Storage Inc. (NYSE:EXR) Price Target at $170.33January 26, 2023 | uk.finance.yahoo.comExtra Space Storage Inc. (EXR)January 30, 2023 | UNKNOWN (Ad)Invest in Brooklyn Gin: Hot craft spirits opportunityGet in on an award winning company in the fast growing craft spirits marketJanuary 25, 2023 | finance.yahoo.comExtra Space Storage Inc. Announces Tax Reporting Information for 2022 DistributionsJanuary 24, 2023 | marketwatch.comExtra Space Storage Inc. stock outperforms market on strong trading dayJanuary 24, 2023 | finance.yahoo.comExtra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Full Year 2022 ResultsJanuary 20, 2023 | americanbankingnews.comExtra Space Storage (NYSE:EXR) Stock Rating Lowered by Wolfe ResearchJanuary 13, 2023 | finance.yahoo.comIs Now A Good Time To Buy Shares In Extra Space Storage?January 30, 2023 | UNKNOWN (Ad)Invest in Brooklyn Gin: Hot craft spirits opportunityGet in on an award winning company in the fast growing craft spirits marketJanuary 9, 2023 | msn.comExtra Space Storage upgraded, Public Storage downgraded at Raymond JamesJanuary 5, 2023 | thestreet.comExtra Space Stock Hits New 52-Week High (EXR)January 4, 2023 | seekingalpha.comExtra Space Storage: Need For SpaceDecember 26, 2022 | finance.yahoo.comOne Extra Space Storage Inc. (NYSE:EXR) insider upped their stake by 2.7% in the previous yearDecember 23, 2022 | seekingalpha.comEXR Extra Space Storage Inc.December 15, 2022 | marketwatch.comExtra Space Storage Inc. stock falls Thursday, still outperforms marketDecember 15, 2022 | finance.yahoo.comA Self Storage REIT that Packs PotentialDecember 14, 2022 | marketwatch.comExtra Space Storage Inc. stock falls Wednesday, underperforms marketDecember 13, 2022 | finance.yahoo.comIs it Wise to Retain Extra Space Storage (EXR) Stock for Now?December 9, 2022 | marketwatch.comExtra Space Storage Inc. stock rises Thursday, still underperforms marketDecember 6, 2022 | finance.yahoo.comInvesting in Extra Space Storage (NYSE:EXR) five years ago would have delivered you a 111% gainDecember 3, 2022 | seekingalpha.comCubeSmart Is A Bargain Near Its 52-Week LowNovember 28, 2022 | seekingalpha.comNational Storage Affiliates: The First Storage REIT Addition To My Roth IRANovember 21, 2022 | finance.yahoo.comExtra Space Storage Inc. Announces 4th Quarter 2022 DividendNovember 20, 2022 | seekingalpha.comSelf-Storage REITs Are Poised To ProfitNovember 15, 2022 | seekingalpha.com3 Remarkable Potential Bargains In Storage REITsNovember 15, 2022 | seekingalpha.comWhy Extra Space Storage Is A No-Brainer Buy For A SWAN PortfolioNovember 9, 2022 | finance.yahoo.comExtra Space Storage Third Quarter 2022 Earnings: Beats ExpectationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Extra Space Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address EXR Company Calendar Last Earnings5/03/2022Ex-Dividend for 12/30 Dividend12/13/2022Dividend Payable12/30/2022Today1/30/2023Next Earnings (Confirmed)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:EXR CUSIP30225T10 CIK1289490 Webwww.extraspace.com Phone(801) 365-4600Fax801-365-4801Employees4,309Year Founded1977Price Target and Rating Average Stock Price Forecast$170.33 High Stock Price Forecast$197.00 Low Stock Price Forecast$145.00 Forecasted Upside/Downside+10.0%Consensus RatingHold Rating Score (0-4)2.10 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.89 Trailing P/E Ratio22.47 Forward P/E Ratio18.36 P/E Growth2.25Net Income$827.65 million Net Margins50.97% Pretax Margin54.48% Return on Equity24.07% Return on Assets8.56% Debt Debt-to-Equity Ratio1.72 Current Ratio0.49 Quick Ratio0.49 Sales & Book Value Annual Sales$1.58 billion Price / Sales13.14 Cash Flow$8.29 per share Price / Cash Flow18.67 Book Value$28.28 per share Price / Book5.47Miscellaneous Outstanding Shares133,920,000Free Float131,886,000Market Cap$20.73 billion OptionableOptionable Beta0.51 Social Links Key ExecutivesJoseph D. MargolisChief Executive Officer & DirectorMatthew HerringtonChief Operating Officer & Executive Vice PresidentP. Scott StubbsChief Financial Officer & Executive Vice PresidentZachary DickensChief Investment Officer & Executive VPGwyn G. McNealSecretary, Chief Legal Officer & Executive VPKey CompetitorsVentasNYSE:VTRCubeSmartNYSE:CUBELife StorageNYSE:LSIHealthcare Realty TrustNYSE:HRMedical Properties TrustNYSE:MPWView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 1,422 shares on 1/27/2023Ownership: 0.115%State of Michigan Retirement SystemBought 1,900 shares on 1/27/2023Ownership: 0.029%Natixis Advisors L.P.Sold 13,655 shares on 1/27/2023Ownership: 0.024%Symphony Financial Ltd. Co.Bought 504 shares on 1/26/2023Ownership: 0.009%Tokio Marine Asset Management Co. Ltd.Bought 363 shares on 1/26/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions EXR Stock - Frequently Asked Questions Should I buy or sell Extra Space Storage stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EXR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXR, but not buy additional shares or sell existing shares. View EXR analyst ratings or view top-rated stocks. What is Extra Space Storage's stock price forecast for 2023? 10 equities research analysts have issued 1 year price objectives for Extra Space Storage's shares. Their EXR share price forecasts range from $145.00 to $197.00. On average, they expect the company's share price to reach $170.33 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View analysts price targets for EXR or view top-rated stocks among Wall Street analysts. How have EXR shares performed in 2023? Extra Space Storage's stock was trading at $147.18 at the start of the year. Since then, EXR shares have increased by 7.1% and is now trading at $157.59. View the best growth stocks for 2023 here. Are investors shorting Extra Space Storage? Extra Space Storage saw a decrease in short interest in December. As of December 30th, there was short interest totaling 4,010,000 shares, a decrease of 15.8% from the December 15th total of 4,760,000 shares. Based on an average trading volume of 988,600 shares, the short-interest ratio is currently 4.1 days. Approximately 3.0% of the company's shares are sold short. View Extra Space Storage's Short Interest. When is Extra Space Storage's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our EXR earnings forecast. How can I listen to Extra Space Storage's earnings call? Extra Space Storage will be holding an earnings conference call on Thursday, February 23rd at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Extra Space Storage's earnings last quarter? Extra Space Storage Inc. (NYSE:EXR) issued its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $1.51 EPS for the quarter, missing the consensus estimate of $1.86 by $0.35. The real estate investment trust earned $379.81 million during the quarter, compared to analyst estimates of $368.88 million. Extra Space Storage had a trailing twelve-month return on equity of 24.07% and a net margin of 50.97%. The firm's revenue was up 25.1% on a year-over-year basis. During the same period last year, the company earned $1.50 EPS. Read the conference call transcript. 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, November 21st. Investors of record on Wednesday, December 14th will be paid a dividend of $1.50 per share on Friday, December 30th. This represents a $6.00 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Tuesday, December 13th. Read our dividend analysis for EXR. Is Extra Space Storage a good dividend stock? Extra Space Storage (NYSE:EXR) pays an annual dividend of $6.00 per share and currently has a dividend yield of 3.81%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 87.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EXR will have a dividend payout ratio of 68.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EXR. What guidance has Extra Space Storage issued on next quarter's earnings? Extra Space Storage updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $8.30-$8.40 for the period, compared to the consensus estimate of $8.49. The company issued revenue guidance of -. What is Joe Margolis' approval rating as Extra Space Storage's CEO? 556 employees have rated Extra Space Storage Chief Executive Officer Joe Margolis on Glassdoor.com. Joe Margolis has an approval rating of 84% among the company's employees. What other stocks do shareholders of Extra Space Storage own? Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), AT&T (T), NVIDIA (NVDA), Johnson & Johnson (JNJ), McDonald's (MCD), QUALCOMM (QCOM), Verizon Communications (VZ). What is Extra Space Storage's stock symbol? Extra Space Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXR." Who are Extra Space Storage's major shareholders? Extra Space Storage's stock is owned by a variety of retail and institutional investors. Top institutional investors include Ceredex Value Advisors LLC (0.70%), Strs Ohio (0.14%), Gradient Investments LLC (0.13%), New York State Teachers Retirement System (0.12%), Allspring Global Investments Holdings LLC (0.07%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Grace Kunde, Gwyn Goodson Mcneal, James Overturf, Joseph D Margolis, Joseph D Margolis, Kenneth M Woolley, Matthew T Herrington, P Scott Stubbs, Samrat Sondhi, Spencer Kirk and William N Springer. View institutional ownership trends. How do I buy shares of Extra Space Storage? Shares of EXR stock 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. Compare Top Brokerages Here. What is Extra Space Storage's stock price today? One share of EXR stock can currently be purchased for approximately $157.59. How much money does Extra Space Storage make? Extra Space Storage (NYSE:EXR) has a market capitalization of $21.10 billion and generates $1.58 billion in revenue each year. The real estate investment trust earns $827.65 million in net income (profit) each year or $6.89 on an earnings per share basis. How many employees does Extra Space Storage have? The company employs 4,309 workers across the globe. How can I contact Extra Space Storage? Extra Space Storage's mailing address is 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121. The official website for the company is www.extraspace.com. The real estate investment trust can be reached via phone at (801) 365-4600, via email at investorrelations@extraspace.com, or via fax at 801-365-4801. This page (NYSE:EXR) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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