NYSE:EXRExtra Space Storage Stock Price, Forecast & News

Extra Space Storage's stock was trading at $104.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EXR stock has decreased by 6.9% and is now trading at $97.22. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 4 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Extra Space Storage.

Extra Space Storage is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Extra Space Storage.

Extra Space Storage, Inc. (NYSE:EXR) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.20 by $0.37. The real estate investment trust had revenue of $286.70 million for the quarter, compared to analysts' expectations of $284.34 million. Extra Space Storage had a return on equity of 16.27% and a net margin of 34.99%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $1.16 EPS. View Extra Space Storage's earnings history.

Extra Space Storage announced a quarterly dividend on Friday, May 15th. Investors of record on Monday, June 15th will be paid a dividend of $0.90 per share on Tuesday, June 30th. This represents a $3.60 annualized dividend and a yield of 3.70%. The ex-dividend date is Friday, June 12th. View Extra Space Storage's dividend history.

11 brokers have issued 12 month price targets for Extra Space Storage's shares. Their forecasts range from $68.00 to $121.00. On average, they expect Extra Space Storage's stock price to reach $98.56 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Extra Space Storage.

Press coverage about EXR stock has trended very negative on Friday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -3.4 on InfoTrie's scale. They also gave press coverage 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 impact on the stock's share price in the near future. View the latest news aboutExtra Space Storage.

Extra Space Storage saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,890,000 shares, an increase of 19.0% from the April 30th total of 4,950,000 shares. Based on an average trading volume of 1,390,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 4.7% 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), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Extra Space Storage investors own include Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Intel (INTC), NVIDIA (NVDA), Honeywell International (HON), Mcdonald's (MCD), Public Storage (PSA), Walt Disney (DIS) and Verizon Communications (VZ).

Extra Space Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXR."

Extra Space Storage's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.43%), Cohen & Steers Inc. (7.94%), State Street Corp (6.66%), PGGM Investments (3.01%), Principal Financial Group Inc. (2.68%) and Geode Capital Management LLC (2.03%). Company insiders that own Extra Space Storage stock include Byambasaikhan Bayanjargal, Grace Kunde, James Overturf, Joseph D Margolis, 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 Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, Invesco Ltd., First Trust Advisors LP, Nuveen Asset Management LLC, Russell Investments Group Ltd., MERIAN GLOBAL INVESTORS UK Ltd, and BlackRock Inc.. 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 activity for Extra Space Storage.

EXR stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Capital World Investors, Capital International Investors, APG Asset Management N.V., Principal Financial Group Inc., State Street Corp, Swiss National Bank, and Cbre Clarion Securities LLC. View insider buying and selling activity 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 $97.22.

Extra Space Storage has a market capitalization of $12.55 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 4,048 workers across the globe.

The official website for Extra Space Storage is 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.