NYSE:EXR Extra Space Storage (EXR) Stock Price, News & Analysis $177.82 -0.08 (-0.04%) (As of 03:25 PM ET) Add Compare Share Share Today's Range$175.62▼$178.3450-Day Range$153.53▼$178.2852-Week Range$101.19▼$179.23Volume544,768 shsAverage Volume1.03 million shsMarket Capitalization$37.65 billionP/E Ratio39.60Dividend Yield3.64%Price Target$168.36 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Extra Space Storage alerts: Email Address Extra Space Storage MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside5.2% Downside$168.57 Price TargetShort InterestHealthy1.81% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.57Upright™ Environmental ScoreNews Sentiment0.98Based on 26 Articles This WeekInsider TradingSelling Shares$1.99 M Sold Last QuarterProj. Earnings Growth2.85%From $8.08 to $8.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.32 out of 5 starsFinance Sector209th out of 878 stocksReal Estate Investment Trusts Industry31st out of 177 stocks 2.1 Analyst's Opinion Consensus RatingExtra Space Storage has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 6 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageExtra Space Storage has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Extra Space Storage's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.81% of the outstanding shares of Extra Space Storage have been sold short.Short Interest Ratio / Days to CoverExtra Space Storage has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Extra Space Storage has recently decreased by 1.29%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipExtra Space Storage is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthExtra Space Storage does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Extra Space Storage is 144.32%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Extra Space Storage will have a dividend payout ratio of 77.98% in the coming year. This indicates that Extra Space Storage may not be able to sustain their current dividend.Read more about Extra Space Storage's dividend. Previous Next 4.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreExtra Space Storage has received a 55.48% net impact score from Upright. Extra Space Storage seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Storage unit leasing services" product. See details.Environmental SustainabilityThe Environmental Impact score for Extra Space Storage is -0.57. Previous Next 2.8 News and Social Media Coverage News SentimentExtra Space Storage has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Extra Space Storage this week, compared to 8 articles on an average week.Search InterestOnly 9 people have searched for EXR on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Extra Space Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Extra Space Storage insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,994,709.00 in company stock.Percentage Held by InsidersOnly 1.36% of the stock of Extra Space Storage is held by insiders.Percentage Held by Institutions99.11% of the stock of Extra Space Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Extra Space Storage's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Extra Space Storage are expected to grow by 2.85% in the coming year, from $8.08 to $8.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Extra Space Storage is 39.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Extra Space Storage is 39.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.99.Price to Earnings Growth RatioExtra Space Storage has a PEG Ratio of 2.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioExtra Space Storage has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Extra Space Storage's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsIt’s over.We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.Click here for the ticker >>> About Extra Space Storage Stock (NYSE: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 across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.Read More EXR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EXR Stock News HeadlinesAugust 30, 2024 | insidertrades.comExtra Space Storage Inc. (NYSE:EXR) EVP Sells $350,660.00 in StockAugust 28, 2024 | insidertrades.comGwyn Goodson Mcneal Sells 2,823 Shares of Extra Space Storage Inc. (NYSE:EXR) StockSeptember 16, 2024 | Behind the Markets (Ad)It’s over.We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.September 14 at 2:35 AM | americanbankingnews.comExtra Space Storage Inc. (NYSE:EXR) Receives $168.36 Consensus PT from AnalystsSeptember 13 at 1:27 AM | americanbankingnews.comExtra Space Storage Inc. (NYSE:EXR) Forecasted to Post Q3 2024 Earnings of $2.06 Per ShareSeptember 11, 2024 | benzinga.com$1000 Invested In Extra Space Storage 10 Years Ago Would Be Worth This Much TodaySeptember 11, 2024 | americanbankingnews.comExtra Space Storage (NYSE:EXR) Coverage Initiated at Royal Bank of CanadaSeptember 10, 2024 | msn.comRBC Capital Initiates Coverage of Extra Space Storage (EXR) with Sector Perform RecommendationSeptember 16, 2024 | Behind the Markets (Ad)It’s over.We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.September 10, 2024 | americanbankingnews.comExtra Space Storage Inc. (NYSE:EXR) Forecasted to Earn Q1 2025 Earnings of $2.05 Per ShareSeptember 10, 2024 | americanbankingnews.comExtra Space Storage (NYSE:EXR) Price Target Raised to $178.00 at KeyCorpSeptember 9, 2024 | msn.comExtra Space Storage reiterated at Overweight, NSA downgraded at KeyBancSeptember 2, 2024 | ca.finance.yahoo.comEXR Dec 2024 195.000 callSeptember 1, 2024 | seekingalpha.comExtra Space, Extra Gains: How Extra Space Storage Is Winning The Dividend GameAugust 27, 2024 | benzinga.comHere's How Much You Would Have Made Owning Extra Space Storage Stock In The Last 10 YearsAugust 27, 2024 | finance.yahoo.comThis Stock Turned $1,000 Into $17,739 Since Its 2004 IPO. Is It Too Late To Buy Now?August 27, 2024 | gurufocus.comInsider Sale: EVP/Chief Legal Officer Gwyn Mcneal Sells Shares of Extra Space Storage Inc (EXR)August 19, 2024 | prnewswire.comExtra Space Storage Celebrates 20 Years as a Publicly Traded CompanySee More Headlines Receive EXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Extra Space Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today9/16/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:EXR Previous SymbolNYSE:EXR CUSIP30225T10 CIK1289490 Webwww.extraspace.com Phone(801) 365-4600Fax801-365-4801Employees7,618Year Founded1977Price Target and Rating Average Stock Price Target$168.57 High Stock Price Target$188.00 Low Stock Price Target$141.00 Potential Upside/Downside-5.3%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$4.49 Trailing P/E Ratio39.60 Forward P/E Ratio22.01 P/E Growth2.56Net Income$803.20 million Net Margins25.82% Pretax Margin27.68% Return on Equity5.43% Return on Assets3.02% Debt Debt-to-Equity Ratio0.76 Current Ratio0.20 Quick Ratio0.20 Sales & Book Value Annual Sales$3.16 billion Price / Sales11.93 Cash Flow$6.58 per share Price / Cash Flow27.04 Book Value$72.96 per share Price / Book2.44Miscellaneous Outstanding Shares211,725,000Free Float208,846,000Market Cap$37.65 billion OptionableOptionable Beta0.86 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Joseph Daniel Margolis J.D. (Age 63)CEO & Director Comp: $3.22MMr. P. Scott Stubbs CPA (Age 56)Executive VP & CFO Comp: $1.32MMr. Zachary Dickens (Age 49)Executive VP & Chief Investment Officer Comp: $975.37kMr. Samrat Sondhi (Age 49)Executive VP & Chief Marketing Officer Comp: $1.15MMr. Noah Springer (Age 45)Executive VP and Chief Strategy & Partnership Officer Comp: $955.1kMr. Matthew T. Herrington (Age 43)Executive VP & COO Comp: $719.01kMs. Grace Kunde (Age 49)Senior VP of Accounting & Finance and Corporate Controller Ms. Gwyn Goodson McNeal (Age 55)Executive VP & Chief Legal Officer Comp: $1.09MMr. Timothy Arthurs (Age 65)Senior Vice President of Operations Comp: $203.12kMr. Jeffrey NormanSenior Vice President of Capital MarketsMore ExecutivesKey CompetitorsAmerican TowerNYSE:AMTWelltowerNYSE:WELLPublic StorageNYSE:PSAVentasNYSE:VTRWeyerhaeuserNYSE:WYView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 16,931 shares on 9/5/2024Ownership: 0.008%Brown Financial AdvisorsBought 5,403 shares on 8/30/2024Ownership: 0.003%William N SpringerSold 2,000 sharesTotal: $350,660.00 ($175.33/share)Clearbridge Investments LLCSold 142,268 shares on 8/27/2024Ownership: 0.005%Dana Investment Advisors Inc.Sold 760 shares on 8/27/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions Should I Buy Extra Space Storage Stock? EXR Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Extra Space Storage Inc.: The stock price of Extra Space Storage Inc. has been showing an upward trend, reaching $165.94 on August 20, 2024. Extra Space Storage Inc. has a market capitalization of $35.13 billion, indicating a strong presence and stability in the market. The company has a low debt-to-equity ratio of 0.76, signifying a healthy financial structure. Extra Space Storage Inc. pays a quarterly dividend, providing a potential source of regular income for investors. The company's 50-day and 200-day simple moving averages suggest a positive momentum in the stock price. Cons Investors should be bearish about investing in Extra Space Storage Inc. for these reasons: The current ratio and quick ratio of Extra Space Storage Inc. are relatively low at 0.20 and 0.15 respectively, indicating potential liquidity challenges. The dividend payout ratio of 144.32% raises concerns about the sustainability of the dividend payments in the long term. Analysts have given a consensus rating of "Hold" for the stock, suggesting limited upside potential according to market experts. Insider selling activities, such as CEO and Director selling shares, may raise questions about the company's future performance. The P/E ratio of 36.67 and P/E/G ratio of 3.37 may indicate that the stock is currently overvalued compared to its growth prospects. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Extra Space Storage pros and cons to contact@marketbeat.com. EXR Stock Analysis - Frequently Asked Questions How have EXR shares performed this year? Extra Space Storage's stock was trading at $160.33 at the beginning of 2024. Since then, EXR stock has increased by 10.9% and is now trading at $177.82. View the best growth stocks for 2024 here. How were Extra Space Storage's earnings last quarter? Extra Space Storage Inc. (NYSE:EXR) released its earnings results on Tuesday, February, 27th. The real estate investment trust reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $2.03 by $1.01. Extra Space Storage's revenue was up 57.4% compared to the same quarter last year. Read the conference call transcript. Who are Extra Space Storage's major shareholders? Extra Space Storage's top institutional shareholders include Principal Financial Group Inc. (3.24%), Massachusetts Financial Services Co. MA (1.68%), Dimensional Fund Advisors LP (1.48%) and Diamond Hill Capital Management Inc. (1.40%). Insiders that own company stock include Samrat Sondhi, Joseph Saffire, Gwyn Goodson Mcneal, Joseph D Margolis, William N Springer, Matthew T Herrington, Joseph J Bonner, Kenneth M Woolley and P Scott Stubbs. View institutional ownership trends. How do I buy shares of Extra Space Storage? Shares of EXR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Extra Space Storage own? Based on aggregate information from My MarketBeat watchlists, some other companies that Extra Space Storage investors own include Home Depot (HD), Cisco Systems (CSCO), Intel (INTC), AT&T (T), NVIDIA (NVDA), Johnson & Johnson (JNJ) and McDonald's (MCD). This page (NYSE:EXR) was last updated on 9/16/2024 by MarketBeat.com Staff From Our PartnersBiden's Executive Order, Dems Digital Money Legislation, First Step ToDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans...Monetary Gold | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredIntroducing the PerceptronOn Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. Th...Brownstone Research | SponsoredBREAKING NEWS: AI Tech Now Used to Stop School ShootersTwo seconds. That's all it takes for Knightscope's Automated Gunshot Detection to notify authorities and map a...Market JAR | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | SponsoredPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dav...American Hartford Gold Group | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Extra Space Storage Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Extra Space Storage With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
