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

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$99.72 +0.74 (+0.75 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$98.98
Today's Range$98.5650 - $99.79
52-Week Range$80.18 - $101.96
Volume802,914 shs
Average Volume739,135 shs
Market Capitalization$12.62 billion
P/E Ratio22.77
Dividend Yield3.48%
Beta0.34
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 September 30, 2018, the Company owned and/or operated 1,606 self-storage stores in 39 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.1 million units and approximately 122 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP30225T10
Phone801-562-5556

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.11 billion
Cash Flow$5.3903 per share
Book Value$21.62 per share

Profitability

Net Income$479.01 million

Miscellaneous

Employees3,380
Market Cap$12.62 billion
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 announced a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 15th will be given a dividend of $0.86 per share on Friday, March 29th. This represents a $3.44 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Thursday, March 14th. View Extra Space Storage's Dividend History.

How will Extra Space Storage's stock buyback program work?

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

How were Extra Space Storage's earnings last quarter?

Extra Space Storage, Inc. (NYSE:EXR) posted its earnings results on Tuesday, October, 30th. The real estate investment trust reported $1.02 earnings per share (EPS) 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 the consensus estimate of $266.81 million. Extra Space Storage had a return on equity of 20.11% and a net margin of 47.29%. The company's revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.13 EPS. View Extra Space Storage's Earnings History.

When is Extra Space Storage's next earnings date?

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Extra Space Storage.

How can I listen to Extra Space Storage's earnings call?

Extra Space Storage will be holding an earnings conference call on Thursday, February 21st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557912026.

What price target have analysts set for EXR?

10 brokers have issued 1 year price targets for Extra Space Storage's shares. Their predictions range from $83.00 to $110.00. On average, they expect Extra Space Storage's stock price to reach $95.00 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Extra Space Storage.

What is the consensus analysts' recommendation for Extra Space Storage?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 7 hold ratings and 3 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?

Media coverage about EXR stock has been trending positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Extra Space Storage earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Extra Space Storage's key competitors?

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (10.41%), Cohen & Steers Inc. (6.45%), Principal Financial Group Inc. (2.90%), Daiwa Securities Group Inc. (2.16%), Geode Capital Management LLC (1.54%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own Extra Space Storage stock 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 Institutional Ownership Trends for Extra Space Storage.

Which institutional investors are selling Extra Space Storage stock?

EXR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, Standard Life Aberdeen plc, Prudential Financial Inc., First Trust Advisors LP, Bank of America Corp DE, D. E. Shaw & Co. Inc. and Northern Trust Corp. 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 and Samrat Sondhi. View Insider Buying and Selling for Extra Space Storage.

Which institutional investors are buying Extra Space Storage stock?

EXR stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., BlackRock Inc., Cohen & Steers Inc., California Public Employees Retirement System, Daiwa Securities Group Inc., Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc. and Great West Life Assurance Co. Can. 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, Scottrade, Fidelity and Charles Schwab.

What is Extra Space Storage's stock price today?

One share of EXR stock can currently be purchased for approximately $99.72.

How big of a company is Extra Space Storage?

Extra Space Storage has a market capitalization of $12.62 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.

What is Extra Space Storage's official website?

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

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 801-562-5556.


MarketBeat Community Rating for Extra Space Storage (NYSE EXR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  355 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  783
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.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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