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 announced a quarterly dividend on Thursday, May 24th. Investors of record on Friday, June 15th will be paid a dividend of $0.86 per share on Friday, June 29th. This represents a $3.44 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Thursday, June 14th. This is a positive change 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 of Directors has approved a stock buyback plan on Tuesday, November 14th 2017, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Extra Space Storage, Inc. (NYSE:EXR) posted 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 the consensus estimate of $248.26 million. Extra Space Storage had a return on equity of 18.85% and a net margin of 44.28%. The business's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm earned $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 guidance of $4.57-$4.66 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.60. Extra Space Storage also updated its Q2 guidance to $1.12-$1.14 EPS.

13 Wall Street analysts have issued 12-month price objectives for Extra Space Storage's shares. Their forecasts range from $80.00 to $110.00. On average, they expect Extra Space Storage's share price to reach $91.50 in the next year. 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), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC) and Host Hotels and Resorts (HST).

News coverage about EXR stock has been trending somewhat positive recently, according to Accern Sentiment. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Extra Space Storage earned a media sentiment score of 0.16 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 46.28 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Extra Space Storage's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 purchased 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 $12.00 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.