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. Shareholders of record on Monday, March 16th will be given a dividend of $0.90 per share on Tuesday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date is Friday, March 13th. View Extra Space Storage's Dividend History.

Extra Space Storage, Inc. (NYSE:EXR) posted its quarterly earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.25 by $0.43. The real estate investment trust earned $288.67 million during the quarter, compared to analysts' expectations of $291.10 million. Extra Space Storage had a return on equity of 15.82% and a net margin of 34.48%. The company's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the company earned $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 earnings per share guidance of $4.99 to $5.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.06.

9 Wall Street analysts have issued 1-year target prices for Extra Space Storage's shares. Their forecasts range from $94.00 to $131.00. On average, they anticipate Extra Space Storage's share price to reach $112.78 in the next twelve months. This suggests a possible upside of 12.0% 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.

Media coverage about EXR stock has trended positive on Friday, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Extra Space Storage earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Extra Space Storage.

Extra Space Storage saw a drop in short interest in January. As of January 31st, there was short interest totalling 5,660,000 shares, a drop of 6.3% from the January 15th total of 6,040,000 shares. Based on an average trading volume of 928,600 shares, the days-to-cover ratio is presently 6.1 days. Currently, 4.5% of the shares of the company are short sold. 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 acquired 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 $100.69.

Extra Space Storage has a market capitalization of $13.05 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.