image
Real Estate - REIT - Industrial - NYSE - US
$ 164.56
0.691 %
$ 34.9 B
Market Cap
44.0
P/E
1. INTRINSIC VALUE

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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 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.[ Read More ]

The intrinsic value of one EXR stock under the base case scenario is HIDDEN Compared to the current market price of 165 USD, Extra Space Storage Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart EXR

image
FINANCIALS
2.56 B REVENUE
33.06%
1.17 B OPERATING INCOME
11.40%
850 M NET INCOME
-7.68%
1.4 B OPERATING CASH FLOW
13.27%
-1.82 B INVESTING CASH FLOW
-10.30%
423 M FINANCING CASH FLOW
-2.02%
825 M REVENUE
1.74%
303 M OPERATING INCOME
-15.77%
224 M NET INCOME
20.88%
468 M OPERATING CASH FLOW
-14.10%
-113 M INVESTING CASH FLOW
76.64%
-343 M FINANCING CASH FLOW
-842.11%
Balance Sheet Decomposition Extra Space Storage Inc.
image
Current Assets 956 M
Cash & Short-Term Investments 99.1 M
Receivables 739 M
Other Current Assets 117 M
Non-Current Assets 26.5 B
Long-Term Investments 1.4 B
PP&E 276 M
Other Non-Current Assets 24.8 B
Current Liabilities 1.09 B
Accounts Payable 335 M
Short-Term Debt 731 M
Other Current Liabilities 21.8 M
Non-Current Liabilities 10.9 B
Long-Term Debt 10.7 B
Other Non-Current Liabilities 240 M
EFFICIENCY
Earnings Waterfall Extra Space Storage Inc.
image
Revenue 2.56 B
Cost Of Revenue 1.18 B
Gross Profit 1.38 B
Operating Expenses 146 M
Operating Income 1.17 B
Other Expenses 320 M
Net Income 850 M
RATIOS
54.03% GROSS MARGIN
54.03%
45.70% OPERATING MARGIN
45.70%
31.37% NET MARGIN
31.37%
5.58% ROE
5.58%
2.93% ROA
2.93%
4.48% ROIC
4.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Extra Space Storage Inc.
image
Net Income 850 M
Depreciation & Amortization 506 M
Capital Expenditures -116 M
Stock-Based Compensation 26.6 M
Change in Working Capital -558 K
Others -15.7 M
Free Cash Flow 1.29 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Extra Space Storage Inc.
image
Wall Street analysts predict an average 1-year price target for EXR of $173 , with forecasts ranging from a low of $155 to a high of $204 .
EXR Lowest Price Target Wall Street Target
155 USD -5.81%
EXR Average Price Target Wall Street Target
173 USD 4.87%
EXR Highest Price Target Wall Street Target
204 USD 23.97%
4. DIVIDEND ANALYSIS
0.90% DIVIDEND YIELD
1.62 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Extra Space Storage Inc.
image
Sold
0-3 MONTHS
3.09 M USD 4
3-6 MONTHS
1.24 M USD 2
6-9 MONTHS
717 K USD 3
9-12 MONTHS
7.39 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
496 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 01, 2024
Sell 1.34 M USD
Margolis Joseph D
Chief Executive Officer
- 7500
178.52 USD
2 months ago
Sep 13, 2024
Sell 898 K USD
Woolley Kenneth M.
Director
- 5065
177.23 USD
2 months ago
Aug 28, 2024
Sell 351 K USD
Springer William N
EVP, Chief S & P Officer
- 2000
175.33 USD
2 months ago
Aug 23, 2024
Sell 500 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 2823
177.01 USD
4 months ago
Jul 01, 2024
Sell 1.14 M USD
Margolis Joseph D
Chief Executive Officer
- 7500
152.58 USD
5 months ago
Jun 07, 2024
Sell 100 K USD
Bonner Joseph J
Director
- 677
148.22 USD
8 months ago
Mar 07, 2024
Sell 196 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 1350
145 USD
8 months ago
Mar 08, 2024
Sell 202 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 1350
150 USD
8 months ago
Mar 04, 2024
Sell 19.1 K USD
Herrington Matthew T
EVP & COO
- 134
142.68 USD
8 months ago
Mar 04, 2024
Sell 300 K USD
Sondhi Samrat
Executive VP and CMO
- 2048
146.46 USD
11 months ago
Dec 14, 2023
Sell 3.85 M USD
Saffire Joseph
Director
- 25000
154.1 USD
11 months ago
Dec 12, 2023
Sell 1.39 M USD
Saffire Joseph
Director
- 10000
139.32 USD
11 months ago
Dec 13, 2023
Sell 2.14 M USD
Saffire Joseph
Director
- 15000
142.98 USD
1 year ago
Nov 13, 2023
Bought 496 K USD
Margolis Joseph D
Chief Executive Officer
+ 4200
118.21 USD
1 year ago
Sep 06, 2023
Sell 120 K USD
Bonner Joseph J
Director
- 956
125.64 USD
1 year ago
Apr 04, 2023
Sell 800 K USD
Margolis Joseph D
Chief Executive Officer
- 5000
160.07 USD
1 year ago
Mar 08, 2023
Sell 108 K USD
Herrington Matthew T
EVP & COO
- 650
165.75 USD
1 year ago
Mar 02, 2023
Sell 246 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 1500
164 USD
1 year ago
Feb 27, 2023
Sell 1.02 M USD
Sondhi Samrat
Executive VP and CMO
- 6290
161.88 USD
2 years ago
Apr 01, 2022
Sell 1.04 M USD
Margolis Joseph D
Chief Executive Officer
- 5000
208.34 USD
2 years ago
Mar 07, 2022
Bought 2.11 M USD
Woolley Kenneth M.
director:
+ 10500
200.75 USD
3 years ago
Nov 19, 2020
Sell 0 USD
Kirk Spencer
Director
- 0
0 USD
2 years ago
Mar 02, 2022
Sell 600 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 3125
192 USD
2 years ago
Feb 25, 2022
Sell 672 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 3500
192.11 USD
4 years ago
Mar 17, 2020
Sell 10.6 K USD
Springer William N
EVP, Chief S & P Officer
- 125
85.11 USD
2 years ago
Jan 03, 2022
Sell 822 K USD
Margolis Joseph D
Chief Executive Officer
- 3750
219.25 USD
2 years ago
Dec 13, 2021
Sell 989 K USD
Stubbs P Scott
Executive VP and CFO
- 4625
213.75 USD
3 years ago
Nov 02, 2021
Sell 81 K USD
Herrington Matthew T
EVP & COO
- 400
202.535 USD
3 years ago
Oct 01, 2021
Sell 633 K USD
Margolis Joseph D
Chief Executive Officer
- 3750
168.8052 USD
3 years ago
Aug 16, 2021
Sell 35.4 M USD
Kirk Spencer
Director
- 201778
175.41 USD
3 years ago
Aug 17, 2021
Sell 7.41 M USD
Kirk Spencer
Director
- 42222
175.39 USD
3 years ago
Aug 03, 2021
Sell 42.8 M USD
Kirk Spencer
Director
- 244000
175.59 USD
3 years ago
Jul 30, 2021
Sell 1.31 M USD
Kirk Spencer
Director
- 7457
175.07 USD
3 years ago
Aug 02, 2021
Sell 30.3 M USD
Kirk Spencer
Director
- 172543
175.89 USD
3 years ago
Jul 30, 2021
Sell 811 K USD
Stubbs P Scott
Executive VP and CFO
- 4625
175.36 USD
3 years ago
Jul 29, 2021
Sell 436 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 2500
174.42 USD
3 years ago
Jul 29, 2021
Sell 469 K USD
Sondhi Samrat
Executive VP and COO
- 2700
173.53 USD
3 years ago
Jul 29, 2021
Sell 503 K USD
Sondhi Samrat
Executive VP and COO
- 2900
173.53 USD
3 years ago
Jul 29, 2021
Sell 965 K USD
Sondhi Samrat
Executive VP and COO
- 5540
174.13 USD
3 years ago
Jul 01, 2021
Sell 618 K USD
Margolis Joseph D
Chief Executive Officer
- 3750
164.89 USD
3 years ago
May 14, 2021
Sell 47.9 K USD
KUNDE GRACE
SVP Accounting and Finance
- 331
144.8445 USD
3 years ago
May 06, 2021
Sell 126 K USD
Herrington Matthew T
EVP & COO
- 860
146.125 USD
3 years ago
May 06, 2021
Sell 12.4 M USD
Kirk Spencer
Director
- 85000
146 USD
3 years ago
Apr 01, 2021
Sell 503 K USD
Margolis Joseph D
Chief Executive Officer
- 3750
134.2356 USD
3 years ago
Mar 15, 2021
Sell 7.43 M USD
Margolis Joseph D
Chief Executive Officer
- 56000
132.69 USD
3 years ago
Dec 23, 2020
Sell 288 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
115.0968 USD
3 years ago
Nov 19, 2020
Sell 2.85 M USD
Kirk Spencer
Director
- 25315
112.62 USD
4 years ago
Nov 11, 2020
Sell 95.2 K USD
Springer William N
EVP, Assets & 3rd Party Mgmt
- 812
117.3 USD
4 years ago
Sep 23, 2020
Sell 267 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
106.7369 USD
4 years ago
Sep 11, 2020
Sell 1.28 M USD
Stubbs P Scott
Executive VP and CFO
- 11505
111.4296 USD
4 years ago
Sep 02, 2020
Sell 259 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 2400
107.7239 USD
4 years ago
Sep 02, 2020
Sell 9.18 M USD
Kirk Spencer
Director
- 85000
107.9868 USD
4 years ago
Aug 27, 2020
Sell 757 K USD
Stubbs P Scott
Executive VP and CFO
- 7100
106.6716 USD
4 years ago
Jun 05, 2020
Sell 10.1 M USD
Woolley Kenneth M.
Director
- 97163
104.2811 USD
4 years ago
Jun 23, 2020
Sell 233 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
93.2423 USD
4 years ago
Jun 16, 2020
Sell 81.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
97.7859 USD
4 years ago
Jun 17, 2020
Sell 80.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
97.1696 USD
4 years ago
Jun 05, 2020
Sell 252 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 2412
104.5045 USD
4 years ago
Jun 05, 2020
Sell 326 K USD
McNeal Gwyn Goodson
EVP/Chief Legal Officer
- 3113
104.6503 USD
4 years ago
Jun 05, 2020
Sell 854 K USD
Stubbs P Scott
Executive VP and CFO
- 8085
105.5827 USD
4 years ago
May 07, 2020
Sell 145 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 1666
87.3197 USD
4 years ago
Apr 14, 2020
Sell 81.3 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
97.6569 USD
4 years ago
Apr 15, 2020
Sell 78 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
93.5821 USD
4 years ago
Mar 23, 2020
Sell 184 K USD
Margolis Joseph D
Chief Executive Officer
- 2298
80 USD
4 years ago
Mar 25, 2020
Sell 16.2 K USD
Margolis Joseph D
Chief Executive Officer
- 202
80 USD
4 years ago
Mar 18, 2020
Sell 73 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
87.627 USD
4 years ago
Mar 19, 2020
Sell 72.7 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
87.285 USD
4 years ago
Mar 04, 2020
Sell 5.5 M USD
Kirk Spencer
Director
- 50000
110.0571 USD
4 years ago
Mar 04, 2020
Sell 8.61 M USD
Woolley Kenneth M.
Director
- 80000
107.6343 USD
4 years ago
Feb 24, 2020
Sell 10.3 M USD
Woolley Kenneth M.
Director
- 93990
109.1 USD
4 years ago
Feb 25, 2020
Sell 11.3 M USD
Woolley Kenneth M.
Director
- 106010
106.41 USD
4 years ago
Feb 11, 2020
Sell 92.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
111.5187 USD
4 years ago
Feb 12, 2020
Sell 93.4 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
112.0731 USD
4 years ago
Jan 15, 2020
Sell 91 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
109.1846 USD
4 years ago
Jan 16, 2020
Sell 92 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 833
110.4512 USD
4 years ago
Jan 02, 2020
Sell 262 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
104.9233 USD
4 years ago
Dec 11, 2019
Sell 46.1 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
104.8391 USD
4 years ago
Dec 12, 2019
Sell 45.2 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
102.6972 USD
4 years ago
Dec 06, 2019
Sell 402 K USD
Sondhi Samrat
Executive VP and COO
- 3744
107.3295 USD
4 years ago
Dec 06, 2019
Sell 687 K USD
Sondhi Samrat
Executive VP and COO
- 6400
107.3295 USD
4 years ago
Nov 25, 2019
Sell 46.3 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
105.253 USD
4 years ago
Nov 26, 2019
Sell 46.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
106.292 USD
5 years ago
Oct 14, 2019
Sell 50.7 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
115.2023 USD
5 years ago
Oct 15, 2019
Sell 50.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
114.8237 USD
5 years ago
Oct 01, 2019
Sell 286 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
114.4386 USD
5 years ago
Sep 18, 2019
Sell 51.4 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
116.7789 USD
5 years ago
Sep 19, 2019
Sell 51.4 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
116.891 USD
5 years ago
Aug 22, 2019
Sell 30.5 M USD
Kirk Spencer
Director
- 251897
121.1694 USD
5 years ago
Aug 20, 2019
Sell 6.4 M USD
Kirk Spencer
Director
- 52891
121.0558 USD
5 years ago
Aug 21, 2019
Sell 23.7 M USD
Kirk Spencer
Director
- 195212
121.4057 USD
5 years ago
Aug 15, 2019
Sell 1.11 M USD
Stubbs P Scott
Executive VP and CFO
- 9200
120.9039 USD
5 years ago
Aug 15, 2019
Sell 129 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 1068
120.7736 USD
5 years ago
Aug 15, 2019
Sell 139 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 1155
120.7736 USD
5 years ago
Aug 15, 2019
Sell 53 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
120.5657 USD
5 years ago
Aug 16, 2019
Sell 53.2 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
120.9405 USD
5 years ago
Aug 15, 2019
Sell 209 K USD
KUNDE GRACE
SVP Accounting and Finance
- 1738
120.4464 USD
5 years ago
Jul 15, 2019
Sell 49.3 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
112.1443 USD
5 years ago
Jul 16, 2019
Sell 49 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
111.4214 USD
5 years ago
Jul 01, 2019
Sell 263 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
105.0064 USD
5 years ago
Jun 11, 2019
Sell 47.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
108.5264 USD
5 years ago
Jun 12, 2019
Sell 48.1 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
109.2057 USD
5 years ago
May 23, 2019
Sell 47 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
106.8282 USD
5 years ago
May 24, 2019
Sell 47 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
106.874 USD
5 years ago
May 22, 2019
Sell 66.2 K USD
KUNDE GRACE
SVP Accounting and Finance
- 623
106.2343 USD
5 years ago
May 13, 2019
Sell 479 K USD
Sondhi Samrat
Executive VP and COO
- 4480
106.9912 USD
5 years ago
May 13, 2019
Sell 487 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 4562
106.8107 USD
5 years ago
May 13, 2019
Sell 855 K USD
Stubbs P Scott
Executive VP and CFO
- 8000
106.9223 USD
5 years ago
Apr 15, 2019
Sell 44.7 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
101.5148 USD
5 years ago
Apr 16, 2019
Sell 44.1 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
100.1609 USD
5 years ago
Apr 01, 2019
Sell 250 K USD
Margolis Joseph D
Chief Executive Officer
- 2500
100.0485 USD
5 years ago
Mar 20, 2019
Sell 43.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
98.8139 USD
5 years ago
Mar 21, 2019
Sell 44.2 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
100.4573 USD
5 years ago
Mar 14, 2019
Sell 517 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 5173
100.03 USD
5 years ago
Mar 11, 2019
Sell 1.54 M USD
Stubbs P Scott
Executive VP and CFO
- 15600
98.5755 USD
5 years ago
Mar 06, 2019
Sell 883 K USD
Woolley Kenneth M.
Director
- 8998
98.0951 USD
5 years ago
Mar 06, 2019
Sell 567 K USD
Woolley Kenneth M.
Director
- 5783
98.0091 USD
5 years ago
Feb 28, 2019
Sell 4.32 M USD
Kirk Spencer
Director
- 45000
95.9166 USD
5 years ago
Feb 25, 2019
Sell 4.19 M USD
Kirk Spencer
Director
- 45000
93.116 USD
5 years ago
Feb 13, 2019
Sell 43.7 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
99.2423 USD
5 years ago
Feb 14, 2019
Sell 43.6 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
99.0064 USD
5 years ago
Jan 16, 2019
Sell 40.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
91.9859 USD
5 years ago
Jan 17, 2019
Sell 40.2 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
91.443 USD
5 years ago
Dec 12, 2018
Sell 42.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
97.3216 USD
5 years ago
Dec 13, 2018
Sell 42.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
97.5515 USD
5 years ago
Nov 26, 2018
Sell 40.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
92.6564 USD
5 years ago
Nov 27, 2018
Sell 40.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
92.8812 USD
6 years ago
Oct 15, 2018
Sell 37.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
85.9677 USD
6 years ago
Oct 16, 2018
Sell 38.1 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
86.5043 USD
6 years ago
Sep 19, 2018
Sell 38.3 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
87.13 USD
6 years ago
Sep 20, 2018
Sell 38.4 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
87.2529 USD
6 years ago
Aug 16, 2018
Sell 41.3 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
93.9266 USD
6 years ago
Aug 17, 2018
Sell 41.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
95.23 USD
6 years ago
Jul 16, 2018
Sell 42.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
96.5323 USD
6 years ago
Jul 17, 2018
Sell 41.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
94.907 USD
6 years ago
Jun 12, 2018
Sell 43.4 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
98.7085 USD
6 years ago
Jun 13, 2018
Sell 42.8 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
97.18 USD
6 years ago
May 25, 2018
Sell 41.9 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
95.3386 USD
6 years ago
May 24, 2018
Sell 41.5 K USD
OVERTURF JAMES
EVP/Chief Marketing Officer
- 440
94.2586 USD
6 years ago
May 21, 2018
Sell 121 K USD
SKOUSEN K FRED
Director
- 1318
91.9988 USD
7. News
Extra Space Storage Inc. Announces 4th Quarter 2024 Dividend SALT LAKE CITY , Nov. 15, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 31, 2024, to stockholders of record at the close of business on December 16, 2024. prnewswire.com - 1 day ago
Extra Space Storage: Solid All-Weather Value, Set To Move Storage REITs have kept pace with the REIT average, with Extra Space Storage showing strong growth and a competitive yield in a high-demand sector. EXR's merger with Life Storage has boosted FFO but increased costs, with a modest FFO per share growth forecast and a healthy uptick in occupancy. EXR's balance sheet is strong with solid liquidity, but its dividend yield is below the "no-risk" rate, and the payout ratio is somewhat aggressive. seekingalpha.com - 4 days ago
How I'd Build The Ultimate Dividend Retirement Portfolio Today Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable cash flow, and peace of mind, making them ideal for retirement-focused investors seeking low-risk, inflation-protected income. For a retirement portfolio, I recommend high-quality dividend payers, avoiding high-risk, ultra-high-yield stocks. seekingalpha.com - 5 days ago
The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio My portfolio gained significantly post-election, driven by industrial and energy stocks, while REITs and tariff-prone companies faced pressure from rising rates and trade uncertainties. I see value in stocks like Canadian Pacific and select REITs, which were sold off prematurely due to investor overreaction. Regardless of political changes, my focus remains on building a resilient portfolio with reliable income through value investments and all-weather stocks. seekingalpha.com - 1 week ago
Double-Digit Return Potential: 3 REITs To Boost Your Portfolio The bond market is acting strangely. Yields are rising despite rate cuts, and credit spreads are tightening. This unusual behavior is causing uncertainty and volatility. REITs, especially those sensitive to long-term interest rates, are becoming more attractive due to rising bond yields. This creates opportunities for investors seeking income and potential capital appreciation. This article explores three REITs that offer strong fundamentals, attractive valuations, and significant growth potential. seekingalpha.com - 1 week ago
Extra Space Storage Inc. (EXR) Q3 2024 Earnings Call Transcript Extra Space Storage Inc. (NYSE:EXR ) Q3 2024 Results Conference Call October 30, 2024 1:00 PM ET Company Participants Jared Conley - Vice President, Investor Relations Joe Margolis - Chief Executive Officer Scott Stubbs - Chief Financial Officer Conference Call Participants Michael Goldsmith - UBS Todd Thomas - KeyBanc Capital Markets Caitlin Burrows - Goldman Sachs Spenser Allaway - Green Street Juan Sanabria - BMO Capital Markets Nick Yulico - Scotiabank Eric Wolfe - Citi Jeff Spector - Bank of America Eric Luebchow - Wells Fargo Hongliang Zhang - JPMorgan Jenny Li - Morgan Stanley Samir Khanal - Evercore ISI Omotayo Okusanya - Deutsche Bank Ki Bin Kim - Truist Operator Ladies and gentlemen, thank you for standing by. Welcome to the Third Quarter 2024 Extra Space Storage Earnings Conference Call. seekingalpha.com - 2 weeks ago
Extra Space Storage Q3 FFO Tops Estimates, Occupancy Rises EXR's Q3 results reflect higher revenues and a rise in occupancy. Higher interest expenses hurt. zacks.com - 2 weeks ago
Compared to Estimates, Extra Space Storage (EXR) Q3 Earnings: A Look at Key Metrics Although the revenue and EPS for Extra Space Storage (EXR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
Extra Space Storage (EXR) Beats Q3 FFO and Revenue Estimates Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of $2.07 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to FFO of $2.02 per share a year ago. zacks.com - 2 weeks ago
Extra Space Storage Inc. Reports 2024 Third Quarter Results SALT LAKE CITY , Oct. 29, 2024 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three and nine months ended September 30, 2024. Highlights for the three months ended September 30, 2024: Achieved net income attributable to common stockholders of $0.91 per diluted share, representing a 5.2% decrease compared to the same period in the prior year primarily due to a $51.8 million loss related to the impairment of the Life Storage Inc. ("Life Storage" or "LSI") trade name based on the Company's decision to operate under a single brand. prnewswire.com - 2 weeks ago
Stay Ahead of the Game With Extra Space Storage (EXR) Q3 Earnings: Wall Street's Insights on Key Metrics Evaluate the expected performance of Extra Space Storage (EXR) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 3 weeks ago
These Magnificent Dividend Stocks Have Made Investors a Lot Richer Over the Past 20 Years These five REITs ranked as the top performers over the past two decades. fool.com - 3 weeks ago
8. Profile Summary

Extra Space Storage Inc. EXR

image
COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 34.9 B
Dividend Yield 0.90%
Description 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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 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.
Contact 2795 East Cottonwood Parkway, Salt Lake City, UT, 84121 https://www.extraspace.com
IPO Date Aug. 16, 2004
Employees 7618
Officers Mr. Samrat Sondhi Executive Vice President & Chief Marketing Officer Mr. Noah Springer Executive Vice President and Chief Strategy & Partnership Officer Mr. Matthew T. Herrington Executive Vice President & Chief Operating Officer Ms. Grace Kunde Senior Vice President of Accounting & Finance and Corporate Controller Mr. Timothy Arthurs Senior Vice President of Operations Mr. Jeffrey Norman Senior Vice President of Capital Markets Mr. Joseph Daniel Margolis J.D. Chief Executive Officer & Director Mr. P. Scott Stubbs CPA Executive Vice President & Chief Financial Officer Mr. Zachary Dickens Executive Vice President & Chief Investment Officer