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. Stockholders of record on Monday, March 16th will be paid a dividend of $0.90 per share on Tuesday, March 31st. This represents a $3.60 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Friday, March 13th. View Extra Space Storage's Dividend History.

Extra Space Storage, Inc. (NYSE:EXR) released its 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 analyst estimates of $291.10 million. Extra Space Storage had a net margin of 34.48% and a return on equity of 15.82%. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 EPS. 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 updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $4.99 to $5.08 for the period, compared to the Thomson Reuters consensus estimate of $5.06.

9 brokerages have issued 12 month price targets for Extra Space Storage's shares. Their forecasts range from $94.00 to $131.00. On average, they expect Extra Space Storage's share price to reach $112.78 in the next twelve months. This suggests a possible upside of 3.3% 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 stories about EXR stock have been trending very negative recently, InfoTrie reports. The research firm ranks the sentiment of news 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 -3.4 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news 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 decline in short interest in January. As of January 31st, there was short interest totalling 5,660,000 shares, a decline of 6.3% from the January 15th total of 6,040,000 shares. Based on an average trading volume of 928,600 shares, the short-interest ratio is currently 6.1 days. Currently, 4.5% of the shares of the stock 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), 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), Ryman Hospitality Properties (RHP) and Sabra Health Care REIT (SBRA).

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), Walt Disney (DIS) and Kinder Morgan (KMI).

Extra Space Storage's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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, Diane Olmstead, 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 purchased 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 $109.20.

Extra Space Storage has a market capitalization of $14.14 billion and generates $1.31 billion in revenue each year. The real estate investment trust earns $415.29 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 COTTONWOOD PARKWAY SUITE 400, SALT LAKE CITY UT, 84121. The real estate investment trust can be reached via phone at 801-365-4600.