Extra Space Storage Inc. (EXR)

NYSE: EXR · IEX Real-Time Price · USD
134.20
-1.90 (-1.40%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-1.40%
Market Cap 28.39B
Revenue (ttm) 2.56B
Net Income (ttm) 803.20M
Shares Out 211.58M
EPS (ttm) 4.74
PE Ratio 28.41
Forward PE 31.63
Dividend $6.48 (4.83%)
Ex-Dividend Date Mar 14, 2024
Volume 994,743
Open 136.28
Previous Close 136.10
Day's Range 133.64 - 136.86
52-Week Range 101.19 - 164.99
Beta 0.75
Analysts Buy
Price Target 150.77 (+12.35%)
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]

Sector Real Estate
IPO Date Aug 12, 2004
Employees 7,618
Stock Exchange NYSE
Ticker Symbol EXR
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for EXR stock is "Buy." The 12-month stock price forecast is $150.77, which is an increase of 12.35% from the latest price.

Price Target
$150.77
(12.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2024 Results

SALT LAKE CITY, March 28, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months ended March 31, 2024 on Tuesd...

21 days ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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....

3 months ago - PRNewsWire

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&...

3 months ago - PRNewsWire

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.

4 months ago - Forbes

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&...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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, ...

6 months ago - PRNewsWire

3 Top Undervalued Stocks To Watch: October 2023

We are in what is historically considered the slow season of the investing world, but there are still opportunities for value-minded investors willing to turn over a rock or two. Here are three underv...

Other symbols: PFETTWO
7 months ago - Forbes

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...

Other symbols: JBI
8 months ago - Business Wire

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 ...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - CNBC Television

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...

9 months ago - PRNewsWire

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...

Other symbols: ELS
9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - Business Wire