NYSE:EXR Extra Space Storage (EXR) Stock Price, News & Analysis $181.65 +2.87 (+1.61%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Extra Space Storage Stock (NYSE:EXR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$180.58▼$184.8750-Day Range$158.68▼$181.6552-Week Range$101.19▼$184.87Volume1.41 million shsAverage Volume1.04 million shsMarket Capitalization$38.46 billionP/E Ratio40.46Dividend Yield3.57%Price Target$168.57Consensus RatingHold Company OverviewExtra 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… Central Bank Abandons USD (Ad)Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold. Click here now to get your free 'Protect Your Wealth' Guide. Extra Space Storage Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 89th PercentileExtra Space Storage scored higher than 89% of companies evaluated by MarketBeat, and ranked 172nd out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingExtra Space Storage has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 7 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageExtra Space Storage has been the subject of 10 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth2.85% 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 40.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Extra Space Storage is 40.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.07.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 2.49. 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. Short Interest3.0 / 5Short Interest LevelHealthy 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. Dividend1.7 / 5Dividend StrengthWeak 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. Sustainability and ESG4.0 / 5Environmental Score-0.57 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. News and Social Media2.7 / 5News Sentiment0.94 News SentimentExtra Space Storage has a news sentiment score of 0.94. 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 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 24 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. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $3,172,757.00 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. EXR Stock News HeadlinesExtra Space Storage Inc. (NYSE:EXR) Director Sells $1,178,047.81 in StockSeptember 17 at 4:49 AM | insidertrades.comExtra Space Storage Inc. (NYSE:EXR) EVP Sells $350,660.00 in StockAugust 30, 2024 | insidertrades.comCentral Bank Abandons USDStartling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold. September 18, 2024 | True Gold Republic (Ad)Gwyn Goodson Mcneal Sells 2,823 Shares of Extra Space Storage Inc. (NYSE:EXR) StockAugust 28, 2024 | insidertrades.comThis GE HealthCare Analyst Turns Bullish; Here Are Top 5 Upgrades For WednesdaySeptember 18 at 10:56 AM | msn.comNvidia, ARM initiated: Wall Street's top analyst callsSeptember 18 at 10:56 AM | finance.yahoo.comExtra Space Storage raised to Buy as Jefferies sees strong revenue growthSeptember 18 at 10:56 AM | msn.comEvercore ISI Increases Extra Space Storage (NYSE:EXR) Price Target to $170.00September 18 at 2:57 AM | americanbankingnews.comSee More Headlines 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 start of the year. Since then, EXR shares have increased by 13.3% and is now trading at $181.65. View the best growth stocks for 2024 here. How were Extra Space Storage's earnings last quarter? Extra Space Storage Inc. (NYSE:EXR) issued its quarterly earnings results on Tuesday, February, 27th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.03 by $1.01. The business'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? Top institutional shareholders of Extra Space Storage 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 Kenneth M Woolley, Samrat Sondhi, Joseph Saffire, Gwyn Goodson Mcneal, Joseph D Margolis, William N Springer, Matthew T Herrington, Joseph J Bonner 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). Company Calendar Last Earnings2/27/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Ex-Dividend for 9/30 Dividend9/16/2024Today9/18/2024Dividend 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$170.93 High Stock Price Target$204.00 Low Stock Price Target$141.00 Potential Upside/Downside-7.2%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$4.49 Trailing P/E Ratio40.46 Forward P/E Ratio22.48 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 / Sales12.19 Cash Flow$6.72 per share Price / Cash Flow27.04 Book Value$72.96 per share Price / Book2.49Miscellaneous Outstanding Shares211,725,000Free Float208,846,000Market Cap$38.46 billion OptionableOptionable Beta0.86 Social Links This page (NYSE:EXR) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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