Extra Space Storage, Inc. (EXR)

NYSE: EXR · IEX Real-Time Price · USD
156.85
-2.15 (-1.35%)
Dec 5, 2022 4:03 PM EST - Market closed
-1.35%
Market Cap 22.34B
Revenue (ttm) 1.84B
Net Income (ttm) 924.86M
Shares Out 133.91M
EPS (ttm) 6.89
PE Ratio 22.76
Forward PE 24.33
Dividend $6.00 (3.83%)
Ex-Dividend Date Dec 13, 2022
Volume 1,472,865
Open 157.66
Previous Close 159
Day's Range 155.61 - 159.59
52-Week Range 149.78 - 228.84
Beta 0.54
Analysts Buy
Price Target 194.35 (+23.9%)
Earnings Date Nov 1, 2022

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, 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 an... [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 12, 2004
CEO Joseph Daniel Margolis J.D.
Employees 4,309
Stock Exchange NYSE
Ticker Symbol EXR
Full Company Profile

Financial Performance

In 2021, EXR's revenue was $1.58 billion, an increase of 16.31% compared to the previous year's $1.36 billion. Earnings were $827.65 million, an increase of 71.79%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for EXR stock is "Buy." The 12-month stock price forecast is 194.35, which is an increase of 23.91% from the latest price.

Price Target
$194.35
(23.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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NEW YORK--( BUSINESS WIRE )--LEX has announced the launch of its latest IPO, a prime New England industrial building, on the heels of the successful 286 Lenox IPO in Harlem, New York (OTCMKTS: TESLU) ea...

6 days ago - Business Wire

Extra Space Storage Inc. Announces 4th Quarter 2022 Dividend

SALT LAKE CITY , Nov. 21, 2022 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2022 dividend of $...

2 weeks ago - PRNewsWire

Extra Space Wins Nareit Sustainability Award for Third Consecutive Year

SALT LAKE CITY , Nov. 17, 2022 /PRNewswire/ -- Extra Space Storage (NYSE: EXR) continues to lead the self-storage industry for environmental, social, and governance (ESG) efforts. For the third year in ...

2 weeks ago - PRNewsWire

Extra Space Storage (EXR) Q3 FFO & Revenues Top, View Revised

Extra Space Storage's (EXR) Q3 results outshine estimates. It witnesses solid top-line growth and year-over-year improvement in same-store net operating income.

1 month ago - Zacks Investment Research

Extra Space Storage (EXR) Q3 FFO and Revenues Top Estimates

Extra Space Storage (EXR) delivered FFO and revenue surprises of 1.38% and 0.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Extra Space Storage Inc. Reports 2022 Third Quarter Results

SALT LAKE CITY , Nov. 1, 2022 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 5...

1 month ago - PRNewsWire

Why Extra Space Storage (EXR) Might Surprise This Earnings Season

Extra Space Storage (EXR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

What's in Store for Extra Space Storage (EXR) in Q3 Earnings?

Extra Space Storage's (EXR) Q3 results are likely to reflect gains from high brand value and its solid presence in key cities and healthy rental rates.

1 month ago - Zacks Investment Research

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1 month ago - The Motley Fool

Here's Why Extra Space Storage (EXR) is Poised for a Turnaround After Losing 12.7% in 4 Weeks

Extra Space Storage (EXR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings es...

1 month ago - Zacks Investment Research

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Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 3rd Quarter 2022 Results

SALT LAKE CITY , Oct. 6, 2022 /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, 202...

1 month ago - PRNewsWire

Extra Space Storage (EXR) Down 13.1% MTD: Is It Worth A Look?

Extra Space Storage's (EXR) high brand value, strategic acquisitions, solid third-party management platform and presence in key cities are growth drivers amid healthy industry fundamentals.

2 months ago - Zacks Investment Research

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These dividend payers have delivered impressive returns over the last decade.

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2 months ago - The Motley Fool

Extra Space Storage (EXR) Boosts Portfolio With Storage Express

Extra Space Storage's (EXR) acquisition of Storage Express boosts its national portfolio and expands its operating platform.

2 months ago - Zacks Investment Research

Extra Space Storage Inc. Acquires Storage Express and Appoints Jefferson Shreve to its Board of Directors

Acquisition adds 107 Remotely Operated Stores to the Extra Space Storage Platform SALT LAKE CITY , Sept. 16, 2022 /PRNewswire/ -- Extra Space Storage Inc. and its subsidiaries (collectively "Extra Space...

2 months ago - PRNewsWire

Extra Space Storage (EXR) is an Incredible Growth Stock: 3 Reasons Why

Extra Space Storage (EXR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

2 months ago - Zacks Investment Research

7 Great REITs to Buy for Handsome Payouts

Finding the right real estate investment trusts (REITs) to buy really boost your portfolio – particularly if you're eager for a regular income stream. REITs are popular for investors who favor dividend ...

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2 months ago - InvestorPlace

Extra Space Storage (EXR) Moves to Strong Buy: Rationale Behind the Upgrade

Extra Space Storage (EXR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 months ago - Zacks Investment Research

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These fast-growing companies are capitalizing on key trends.

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These dividend stocks can put your idle cash to work generating passive income.

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3 months ago - The Motley Fool

Why Extra Space Storage (EXR) Stock Soared 17.4% in a Month?

The high brand value, strategic acquisitions, robust presence in key cities and a healthy balance sheet serve as growth drivers for Extra Space Storage Inc. (EXR).

3 months ago - Zacks Investment Research

Extra Space Storage Inc. Announces 3rd Quarter 2022 Dividend

SALT LAKE CITY , Aug. 19, 2022 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2022 dividend of $1...

3 months ago - PRNewsWire