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NYSE:EXRExtra Space Storage Stock Price, Forecast & News

$100.18
+1.36 (+1.38 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$97.89
Now: $100.18
$100.61
50-Day Range
$81.81
MA: $90.04
$102.91
52-Week Range
$72.70
Now: $100.18
$124.46
Volume1.50 million shs
Average Volume869,771 shs
Market Capitalization$12.93 billion
P/E Ratio30.08
Dividend Yield3.64%
Beta0.2
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2018, the Company owned and/or operated 1,647 self-storage stores in 39 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.2 million units and approximately 125.7 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.01 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP30225T10
Phone801-365-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$5.35 per share
Book Value$22.56 per share

Profitability

Net Income$419.97 million

Miscellaneous

Employees4,048
Market Cap$12.93 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Extra Space Storage (NYSE:EXR) Frequently Asked Questions

How has Extra Space Storage's stock been impacted by COVID-19 (Coronavirus)?

Extra Space Storage's stock was trading at $104.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EXR stock has decreased by 4.0% and is now trading at $100.18. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Extra Space Storage?

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.

When is Extra Space Storage's next earnings date?

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.

How were Extra Space Storage's earnings last quarter?

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

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 Friday, May 15th. Investors of record on Monday, June 15th will be given a dividend of $0.90 per share on Tuesday, June 30th. This represents a $3.60 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Friday, June 12th. View Extra Space Storage's dividend history.

What price target have analysts set for EXR?

11 equities research analysts have issued 1-year price objectives for Extra Space Storage's stock. 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 that the stock has a possible downside of 1.6%. View analysts' price targets for Extra Space Storage.

Has Extra Space Storage been receiving favorable news coverage?

News coverage about EXR stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Extra Space Storage earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutExtra Space Storage.

Are investors shorting Extra 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 short-interest ratio is presently 4.2 days. Approximately 4.7% of the company's stock are sold short. View Extra Space Storage's Current Options Chain.

Who are some of Extra Space Storage's key competitors?

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), 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).

Who are Extra Space Storage's key executives?

Extra Space Storage's management team includes the following people:
  • Mr. Joseph D. Margolis J.D., CEO & Director (Age 58)
  • Mr. P. Scott Stubbs, Exec. VP & CFO (Age 51)
  • Mr. Samrat Sondhi, Exec. VP & COO (Age 44)
  • Mr. Gwyn Goodson McNeal, Exec. VP, Chief Legal Officer & Sec. (Age 50)
  • Mr. James L. Overturf, Exec. VP & Chief Marketing Officer (Age 52)

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 many different institutional and retail investors. Top institutional investors 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.

Which major investors are selling Extra Space Storage stock?

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.

Which major investors are buying Extra Space Storage stock?

EXR stock was bought 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.

How do I buy shares of 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.

What is Extra Space Storage's stock price today?

One share of EXR stock can currently be purchased for approximately $100.18.

How big of a company is Extra Space Storage?

Extra Space Storage has a market capitalization of $12.93 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.

What is Extra Space Storage's official website?

The official website for Extra Space Storage is www.extraspace.com.

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 real estate investment trust can be reached via phone at 801-365-4600.

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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