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. $156.25 -2.41 (-1.52%) (As of 03/22/2023 11:59 AM ET) Add Compare Share Share Today's Range$154.88▼$157.9550-Day Range$150.00▼$169.1152-Week Range$139.97▼$222.35Volume185,366 shsAverage Volume1.04 million shsMarket Capitalization$21.09 billionP/E Ratio24.38Dividend Yield4.15%Price Target$170.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Extra Space Storage MarketRank™ ForecastAnalyst RatingHold2.10 Rating ScoreUpside/Downside10.2% Upside$170.89 Price TargetShort InterestBearish3.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.57Upright™ Environmental ScoreNews Sentiment0.03Based on 17 Articles This WeekInsider TradingSelling Shares$1.37 M Sold Last QuarterProj. Earnings Growth5.04%From $8.53 to $8.96 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.2.48 out of 5 starsFinance Sector593rd out of 872 stocksReal Estate Investment Trusts Industry140th out of 192 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 $170.89, Extra Space Storage has a forecasted upside of 10.2% from its current price of $155.02.Amount of Analyst CoverageExtra Space Storage has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.56% 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 4.5.Change versus previous monthShort interest in Extra Space Storage has recently increased by 5.35%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipExtra Space Storage is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthExtra Space Storage has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of Extra Space Storage is 101.09%. 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 72.32% 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 2.2 News and Social Media Coverage News SentimentExtra Space Storage has a news sentiment score of 0.03. 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 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Extra Space Storage this week, compared to 5 articles on an average week.Search Interest14 people have searched for EXR on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Extra Space Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Extra Space Storage insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,371,963.00 in 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 5.04% in the coming year, from $8.53 to $8.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Extra Space Storage is 24.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Extra Space Storage is 24.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.31.Price to Earnings Growth RatioExtra Space Storage has a PEG Ratio of 6.26. 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 5.09. 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 HeadlinesMarch 22, 2023 | markets.businessinsider.comExtra Space Storage (EXR) Receives a Sell from Morgan StanleyMarch 22, 2023 | seekingalpha.comExtra Space Storage's operating partnership prices $500M debt offeringMarch 22, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 17, 2023 | americanbankingnews.comKeyCorp Brokers Lower Earnings Estimates for Extra Space Storage Inc. (NYSE:EXR)March 16, 2023 | thestreet.comExtra Space Stock To Go Ex-dividend Tomorrow (EXR)March 16, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Extra Space Storage Inc.'s Q2 2023 Earnings (NYSE:EXR)March 15, 2023 | msn.comUnusual Stock Options Volume for Self-Storage Facilities Reflect Shifts in Underlying Demographic and Economic FactorsMarch 14, 2023 | marketwatch.comExtra Space Storage Inc. stock rises Tuesday, still underperforms marketMarch 22, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 14, 2023 | americanbankingnews.comAnalysts Set Extra Space Storage Inc. (NYSE:EXR) PT at $170.89March 9, 2023 | finance.yahoo.comHere's Why Extra Space Storage (EXR) Shares Soared 11.2% QTDMarch 1, 2023 | marketwatch.comExtra Space Storage Inc. stock outperforms competitors despite losses on the dayMarch 1, 2023 | morningstar.comHigher Interest Rates and Slowing Demand for Self-Storage Will Affect Extra Space Storage in 2023March 1, 2023 | marketwatch.comExtra Space Storage Inc. stock rises Tuesday, outperforms marketFebruary 27, 2023 | finance.yahoo.comLamar (LAMR) Beats Q4 AFFO, Issues Soft '23 View, Stock DownFebruary 26, 2023 | seekingalpha.comWhy I'm Buying More Extra Space StorageFebruary 25, 2023 | seekingalpha.comExtra Space Storage Inc. (EXR) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comFactors to Impact Innovative Industrial's (IIPR) Q4 EarningsFebruary 24, 2023 | finance.yahoo.comQ4 2022 Extra Space Storage Inc Earnings CallFebruary 22, 2023 | markets.businessinsider.comExtra Space Storage Inc. Profit Drops In Q4, but beats estimatesFebruary 22, 2023 | finance.yahoo.comExtra Space Storage Inc. Reports 2022 Fourth Quarter and Year-End ResultsFebruary 21, 2023 | benzinga.comEarnings Outlook For Extra Space StorageFebruary 21, 2023 | finance.yahoo.comWhy Earnings Season Could Be Great for Extra Space Storage (EXR)February 10, 2023 | benzinga.comIf You Invested $10K In Extra Space Storage 5 years Ago, Here's How Much You Would Be Making In Dividends TodayJanuary 26, 2023 | uk.finance.yahoo.comExtra Space Storage Inc. (EXR)January 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 daySee 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 Ex-Dividend for 12/30 Dividend12/13/2022Dividend Payable12/30/2022Last Earnings2/22/2023Ex-Dividend for 3/31 Dividend3/14/2023Today3/22/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/02/2023Fiscal 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) 365-4600Fax801-365-4801Employees4,781Year Founded1977Price Target and Rating Average Stock Price Forecast$170.89 High Stock Price Forecast$197.00 Low Stock Price Forecast$145.00 Forecasted Upside/Downside+7.7%Consensus RatingHold Rating Score (0-4)2.10 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.41 Trailing P/E Ratio24.75 Forward P/E Ratio18.62 P/E Growth6.26Net Income$860.69 million Net Margins45.52% Pretax Margin48.96% Return on Equity22.01% Return on Assets7.68% Debt Debt-to-Equity Ratio1.80 Current Ratio0.54 Quick Ratio0.54 Sales & Book Value Annual Sales$1.92 billion Price / Sales11.13 Cash Flow$9.05 per share Price / Cash Flow17.54 Book Value$30.45 per share Price / Book5.21Miscellaneous Outstanding Shares134,990,000Free Float132,933,000Market Cap$21.42 billion OptionableOptionable Beta0.54 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:LSIWelltowerNYSE:WELLHealthcare Realty TrustNYSE:HRView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 157,011 shares on 3/10/2023Ownership: 0.036%Mather Group LLC.Bought 867 shares on 3/10/2023Ownership: 0.002%Matthew T HerringtonSold 650 sharesTotal: $107,737.50 ($165.75/share)Gwyn Goodson McnealSold 1,500 sharesTotal: $246,000.00 ($164.00/share)Voya Investment Management LLCBought 219 shares on 2/28/2023Ownership: 0.039%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 research 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 3 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12 month target prices for Extra Space Storage's stock. Their EXR share price forecasts range from $145.00 to $197.00. On average, they expect the company's share price to reach $170.89 in the next year. This suggests a possible upside of 7.7% 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 7.8% and is now trading at $158.66. View the best growth stocks for 2023 here. Are investors shorting Extra Space Storage? Extra Space Storage saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,730,000 shares, an increase of 5.3% from the February 13th total of 4,490,000 shares. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 3.6% of the company's stock 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 Tuesday, May 2nd 2023. View our EXR earnings forecast. How were Extra Space Storage's earnings last quarter? Extra Space Storage Inc. (NYSE:EXR) released its quarterly earnings data on Wednesday, February, 22nd. The real estate investment trust reported $1.52 EPS for the quarter, missing analysts' consensus estimates of $2.08 by $0.56. The real estate investment trust had revenue of $506.70 million for the quarter, compared to analyst estimates of $433.39 million. Extra Space Storage had a trailing twelve-month return on equity of 22.01% and a net margin of 45.52%. Extra Space Storage's revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.91 earnings per share. 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 announced a quarterly dividend on Thursday, February 16th. Stockholders of record on Wednesday, March 15th will be paid a dividend of $1.62 per share on Friday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 4.08%. The ex-dividend date is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of $1.50. Read our dividend analysis for EXR. What ETFs hold Extra Space Storage's stock? ETFs with the largest weight of Extra Space Storage (NYSE:EXR) stock in their portfolio include Principal Real Estate Active Opportunities ETF (BYRE), Pacer Industrial Real Estate ETF (INDS), iShares Residential and Multisector Real Estate ETF (REZ), Nuveen Short-Term REIT ETF (NURE), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Fidelity Real Estate Investment ETF (FPRO), iShares Cohen & Steers REIT ETF (ICF) and USCF Dividend Income Fund (UDI). Is Extra Space Storage a good dividend stock? Extra Space Storage (NYSE:EXR) pays an annual dividend of $6.48 per share and currently has a dividend yield of 4.06%. EXR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 101.09%. 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 72.32% 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 issued an update on its FY 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of $8.30-$8.60 for the period, compared to the consensus estimate of $8.68. 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), Honeywell International (HON) and 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 number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.50%), Geode Capital Management LLC (2.34%), Norges Bank (1.93%), Dimensional Fund Advisors LP (1.40%), Legal & General Group Plc (1.20%) and Daiwa Securities Group Inc. (1.08%). 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 $158.66. How much money does Extra Space Storage make? Extra Space Storage (NYSE:EXR) has a market capitalization of $21.42 billion and generates $1.92 billion in revenue each year. The real estate investment trust earns $860.69 million in net income (profit) each year or $6.41 on an earnings per share basis. How many employees does Extra Space Storage have? The company employs 4,781 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 3/22/2023 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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