Extra Space Storage Inc. (EXR)
Market Cap | 30.48B |
Revenue (ttm) | 2.56B |
Net Income (ttm) | 803.20M |
Shares Out | 211.58M |
EPS (ttm) | 4.74 |
PE Ratio | 29.13 |
Forward PE | 32.50 |
Dividend | $6.48 (4.69%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 937,987 |
Open | 139.28 |
Previous Close | 139.33 |
Day's Range | 137.92 - 140.07 |
52-Week Range | 101.19 - 165.85 |
Beta | 0.75 |
Analysts | Buy |
Price Target | 150.00 (+8.64%) |
Earnings Date | Apr 30, 2024 |
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, 2023, the Company owned and/or operated 3,714 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.6 million units and approximately 283.0 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 units... [Read more]
Financial Performance
In 2023, EXR's revenue was $2.56 billion, an increase of 33.06% compared to the previous year's $1.92 billion. Earnings were $803.20 million, a decrease of -6.68%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EXR stock is "Buy." The 12-month stock price forecast is $150.0, which is an increase of 8.64% from the latest price.
News
Extra Space Storage Inc. Reports 2023 Fourth Quarter and Year-End Results
SALT LAKE CITY , Feb. 27, 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 t...
Extra Space Storage Inc. Announces 1st Quarter 2024 Dividend
SALT LAKE CITY , Feb. 22, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a first quarter 2024 dividend of ...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year-End 2023 Results
SALT LAKE CITY , Jan. 26, 2024 /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 Inc. Announces Tax Reporting Information for 2023 Distributions and Life Storage, Inc.'s 2023 Distributions
SALT LAKE CITY , Jan. 25, 2024 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2023 dividend distributions on its common stock....
Extra Space Announces Pricing of $600 Million of 5.400% Senior Notes due 2034
SALT LAKE CITY , Jan. 16, 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&...
Up 25% In The Last One Month, Does Extra Space Storage Stock Have More Room To Run?
Extra Space Storage saw its stock trading at around $170 at the end of June 2022, just before the Fed started increasing rates, and is trading 24% below that level now.
Extra Space Announces Pricing of $600 Million of 5.900% Senior Notes due 2031
SALT LAKE CITY , Nov. 27, 2023 /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 Inc. Announces 4th Quarter 2023 Dividend
SALT LAKE CITY , Nov. 15, 2023 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2023 dividend of...
Extra Space Storage Inc. Reports 2023 Third Quarter Results
SALT LAKE CITY , Nov. 7, 2023 /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 th...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 3rd Quarter 2023 Results
SALT LAKE CITY , Oct. 10, 2023 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and nine months ended September 30, ...
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Janus International Group and Extra Space to Expand Implementation of Nokē™ Smart Entry System
TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for s...
Extra Space Storage Inc. Announces Second Dividend of the Third Quarter 2023 on Common Stock
Resulting in Total Third Quarter Payout of $1.62 per share of Common Stock SALT LAKE CITY , Aug. 18, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("EXR" or the "Company") (NYSE: EXR) announced today ...
Extra Space Storage Inc. Reports 2023 Second Quarter Results
SALT LAKE CITY , Aug. 3, 2023 /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 th...
Extra Space Storage Digitizes Communications and Reduces Costs with MetTel's POTS Transformation
NEW YORK , July 27, 2023 /PRNewswire/ -- MetTel is pleased to announce that Extra Space Storage, one of the largest operators of self-storage facilities in the U.S., has selected MetTel's POTS Transfo...
Extra Space Announces Expiration and Final Results of Exchange Offers and Consent Solicitations
SALT LAKE CITY , July 24, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("EXR") (NYSE: EXR) announced today the final results of its previously announced offers to exchange all validly tendered and ac...
Extra Space Storage CEO on Life Storage merger: Significant synergies we can unlock from this deal
Joseph Margolis, Extra Space Storage CEO, joins 'Squawk Box' to discuss the company's acquisition of Life Storage in a $12 billion all-stock transaction deal, which makes the company the largest facil...
Extra Space Storage & Life Storage Announce Closing of Merger
Creates the largest storage operator and one of the largest REITs in the MSCI U.S. REIT Index SALT LAKE CITY , July 20, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space") and Li...
Equity LifeStyle Properties Set to Join S&P MidCap 400
NEW YORK , July 19, 2023 /PRNewswire/ -- Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LSI) in the S&P MidCap 400 effective prior to the opening of trading on Monday...
Extra Space and Life Storage Stockholders Approve Merger
SALT LAKE CITY and BUFFALO, N.Y. , July 18, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space" or "EXR") and Life Storage, Inc. (NYSE: LSI) ("Life Storage" or "LSI") today announ...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2023 Results
SALT LAKE CITY , July 6, 2023 /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, 2023 on...
Extra Space Storage Inc. Announces Dividend on Common Stock
SALT LAKE CITY , July 3, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("EXR" or the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a dividend of $1.01 per s...
Extra Space Announces Results of Early Participation in Exchange Offers and Consent Solicitations and Extension of the Early Participation Premium
SALT LAKE CITY , June 20, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("EXR") (NYSE: EXR) announced today that as of 5:00 p.m., New York City time, on June 16, 2023 (the "Early Consent Date"), the a...
LIFE STORAGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Life Storage, Inc. - LSI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Life Storage, In...
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