Extra Space Storage Inc. (EXR)
| Market Cap | 30.63B |
| Revenue (ttm) | 3.34B |
| Net Income (ttm) | 853.19M |
| Shares Out | 221.58M |
| EPS (ttm) | 4.03 |
| PE Ratio | 34.30 |
| Forward PE | 31.05 |
| Dividend | $6.48 (4.69%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 754,746 |
| Open | 137.52 |
| Previous Close | 137.67 |
| Day's Range | 136.91 - 139.25 |
| 52-Week Range | 121.03 - 184.87 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 168.23 (+21.69%) |
| Earnings Date | Apr 29, 2025 |
About EXR
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, 2024, the Company owned and/or operated 4,011 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 308.4 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat... [Read more]
Financial Performance
In 2024, Extra Space Storage's revenue was $3.34 billion, an increase of 27.64% compared to the previous year's $2.62 billion. Earnings were $853.19 million, an increase of 6.39%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EXR stock is "Buy." The 12-month stock price forecast is $168.23, which is an increase of 21.69% from the latest price.
News
REITs Could Be Poised To Outperform Market in an Uncertain Economic Climate, UBS Says
Real estate investment trusts (REITs) have outperformed the broader market and could maintain their edge in an uncertain economic environment, UBS analysts said Wednesday.
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2025 Results
SALT LAKE CITY , March 31, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months ended March 31, 2025 on Tues...
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu...
Extra Space Storage: Balancing Company Strength And Industry Weakness
Extra Space Storage is a resilient REIT in the self-storage sector, showing long-term growth despite recent industry challenges and a stagnant dividend. The self-storage industry is experiencing conso...
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Extra Space Announces Pricing of $500 Million of 5.400% Senior Notes due 2035
SALT LAKE CITY , March 10, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S...
Extra Space Storage Celebrates 4,000 Stores Milestone
SALT LAKE CITY , March 5, 2025 /PRNewswire/ -- Extra Space Storage, Inc., (NYSE:EXR) the largest operator of self storage properties in the U.S., announced a significant milestone for the company as t...
Extra Space Storage Inc. (EXR) Q4 2024 Earnings Call Transcript
Extra Space Storage Inc. (NYSE:EXR) Q4 2024 Earnings Conference Call February 26, 2025 1:00 PM ET Company Participants Jared Conley - Vice President, Investor Relations Joe Margolis - Chief Executive...
Extra Space Storage Inc. Reports 2024 Fourth Quarter and Year-End Results
SALT LAKE CITY , Feb. 25, 2025 /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 t...
Extra Space Storage Inc. Announces 1st Quarter 2025 Dividend
SALT LAKE CITY , Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a first quarter 2025 dividend of ...
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Extra Space Storage Inc. Announces Tax Reporting Information for 2024 Distributions
SALT LAKE CITY , Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2024 dividend distributions on its common stock....
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year-End 2024 Results
SALT LAKE CITY , Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months and year ended December 31, 2...
Extra Space Storage: Dividend Growth Story
Extra Space Storage Inc. is a REIT specializing in self-storage operations, including owning, managing, acquiring, and developing self-storage properties. The company also offers tenant insurance and ...
Extra Space Announces Pricing of $350 Million Add-On Offering of 5.500% Senior Notes due 2030
SALT LAKE CITY , Jan. 16, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&...
Extra Space Storage: Time To Store Some More Shares
Extra Space Storage has underperformed recently, but I believe it offers a reasonable risk/reward ratio and expects growth to resume by 2026 at the latest. The business model is recession-resistant, w...
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