Extra Space Storage Inc. (EXR)
| Market Cap | 32.78B |
| Revenue (ttm) | 3.36B |
| Net Income (ttm) | 910.89M |
| Shares Out | 221.59M |
| EPS (ttm) | 4.26 |
| PE Ratio | 34.73 |
| Forward PE | 31.91 |
| Dividend | $6.48 (4.38%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 1,488,900 |
| Open | 150.15 |
| Previous Close | 150.45 |
| Day's Range | 147.88 - 151.10 |
| 52-Week Range | 121.03 - 184.87 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 161.00 (+8.82%) |
| Earnings Date | Jul 30, 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 March 31, 2025, the Company owned and/or operated 4,099 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 315.0 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 st... [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 Summary
According to 14 analysts, the average rating for EXR stock is "Buy." The 12-month stock price target is $161.0, which is an increase of 8.82% from the latest price.
News
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Extra Space Storage: Extra Space To Run Up
I initiate coverage on Extra Space Storage with a buy and overweight rating due to its strong industry and sector positioning and impressive underlying valuation prospects. Despite recent underperform...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2025 Results
SALT LAKE CITY , June 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2025, ...
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Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage
Extra Space Storage Inc. is the leading self storage REIT with a consistent history of paying rising dividends. EXR outperforms peers Public Storage and CubeSmart on five-year dividend growth rate, an...
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REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong ...
Extra Space Storage May Be Nearing An Inflection (Rating Upgrade)
I am upgrading Extra Space Storage to a 'buy' as industry supply pressures ease and business fundamentals show signs of turning the corner. EXR's leading market position, solid balance sheet, and secu...
Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend
SALT LAKE CITY , May 22, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2025 dividend of ...
Extra Space Storage Announces Executive Leadership Transition
Scott Stubbs to Retire as Chief Financial Officer, to be Succeeded by Jeff Norman, Senior Vice President of Capital Markets and Treasury, Effective July 1, 2025 SALT LAKE CITY , May 19, 2025 /PRNewswi...
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Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript
Extra Space Storage Inc. (NYSE:EXR) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Jared Conley - VP, IR Joe Margolis - CEO Scott Stubbs - CFO Conference Call Partici...
Extra Space Storage Inc. Reports 2025 First Quarter Results
SALT LAKE CITY , April 29, 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 ...
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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...
Losers Of REIT Earnings Season
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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...