NYSE:EXR - Extra Space Storage Stock Price, Price Target & More

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

Extra Space Storage declared a quarterly dividend on Thursday, May 24th. Investors of record on Friday, June 15th will be given a dividend of $0.86 per share on Friday, June 29th. This represents a $3.44 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date is Thursday, June 14th. This is an increase from Extra Space Storage's previous quarterly dividend of $0.78. View Extra Space Storage's Dividend History.

Extra Space Storage declared that its board has approved a share repurchase plan on Tuesday, November 14th 2017, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Extra Space Storage, Inc. (NYSE:EXR) issued its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.70 EPS for the quarter, missing the consensus estimate of $1.09 by $0.39. The real estate investment trust earned $247.88 million during the quarter, compared to analysts' expectations of $248.26 million. Extra Space Storage had a net margin of 44.28% and a return on equity of 18.85%. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.03 EPS. View Extra Space Storage's Earnings History.

Extra Space Storage is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Extra Space Storage.

Extra Space Storage updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (EPS) guidance of $4.57-$4.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.60. Extra Space Storage also updated its Q2 guidance to $1.12-$1.14 EPS.

13 Wall Street analysts have issued 1-year target prices for Extra Space Storage's shares. Their forecasts range from $80.00 to $110.00. On average, they anticipate Extra Space Storage's stock price to reach $91.50 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View Analyst Ratings for Extra Space Storage.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Extra Space Storage include CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), DIGITAL Rlty Tr/SH SH (DLR), Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC) and Realty Income (O).

News stories about EXR stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Extra Space Storage earned a media sentiment score of 0.17 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.04 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Extra Space Storage's stock is owned by a number of of institutional and retail investors. Top institutional investors include BLACKROCK INC. (10.00%), NN Investment Partners Holdings N.V. (0.53%), Bank of Montreal Can (0.27%), Westpac Banking Corp (0.21%), Boston Advisors LLC (0.21%) and Gateway Investment Advisers LLC (0.15%). Company insiders that own Extra Space Storage stock include Dennis J Letham, 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.

EXR stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Fisher Asset Management LLC, Manning & Napier Group LLC, State of Alaska Department of Revenue, Westpac Banking Corp, Hartford Investment Management Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH and Fox Run Management L.L.C.. 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, 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 Bank of Montreal Can, Boston Advisors LLC, Atria Investments LLC, Carderock Capital Management Inc., Xact Kapitalforvaltning AB, IFM Investors Pty Ltd, Confluence Wealth Management LLC and Amalgamated Bank. 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, Scottrade, Fidelity and Charles Schwab.

One share of EXR stock can currently be purchased for approximately $94.57.

Extra Space Storage has a market capitalization of $11.93 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.

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.