Extra Space Storage Inc. (EXR)

NYSE: EXR · Real-Time Price · USD
144.58
-1.41 (-0.97%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.97%
Market Cap 32.01B
Revenue (ttm) 3.34B
Net Income (ttm) 853.19M
Shares Out 221.35M
EPS (ttm) 4.03
PE Ratio 35.88
Forward PE 32.05
Dividend $6.48 (4.48%)
Ex-Dividend Date Mar 14, 2025
Volume 1,034,925
Open 145.83
Previous Close 145.99
Day's Range 143.01 - 146.78
52-Week Range 131.02 - 184.87
Beta 0.92
Analysts Hold
Price Target 171.83 (+18.85%)
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 September 30, 2024, the Company owned and/or operated 3,862 self-storage stores in 42 states and Washington, D.C. The Company’s stores comprise approximately 2.7 million units and approximately 296.7 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. The Company offers customers a wide selection of conveniently located and secure storage unit... [Read more]

Sector Real Estate
IPO Date Aug 12, 2004
Employees 8,012
Stock Exchange NYSE
Ticker Symbol EXR
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for EXR stock is "Hold." The 12-month stock price forecast is $171.83, which is an increase of 18.85% from the latest price.

Price Target
$171.83
(18.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days ago - Seeking Alpha

Losers Of REIT Earnings Season

In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...

14 days ago - Seeking Alpha

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...

15 days ago - PRNewsWire

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...

20 days ago - PRNewsWire

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...

27 days ago - Seeking Alpha

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...

4 weeks ago - PRNewsWire

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 ...

4 weeks ago - PRNewsWire

The Dividend Strategy That Could Make Me A Millionaire - And How You Can Copy It

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REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.

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5 weeks ago - Seeking Alpha

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....

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - Seeking Alpha

Hidden Gems: 2 Must-Buy REITs Right Now

Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying.

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2 months ago - Seeking Alpha

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&...

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

Top 3 REITs For 2025

Most REITs have surged due to interest rate cuts. But many REITs missed out on this rally and remain undervalued. I present 3 of my Top Picks for 2025.

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The market's lofty valuations make finding value tricky, but dividend stocks remain a beacon of stability and growth for long-term investors. I've identified three standout dividend stocks offering so...

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3 REITs To Sell Before 2025

REITs have strongly recovered. As a result, some have become overvalued. I highlight 3 REITs to sell before 2025.

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3 months ago - Seeking Alpha

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Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

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4 months ago - Seeking Alpha

Extra Space Announces Pricing of $300 Million Add-On Offering of 5.700% Senior Notes due 2028

SALT LAKE CITY , Dec. 2, 2024 /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&P...

4 months ago - PRNewsWire

Home For The Holidays

U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Fo...

4 months ago - Seeking Alpha