Extra Space Storage/EXR

$132.52

-1.25%
-
1D1W1MYTD1YMAX

About Extra Space Storage

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, provides lending to acquire, develop and redevelop self-storage properties. It offers customers a selection of located storage units across the country, including boat storage, recreational vehicle (RV) storage and business storage. The Company owns and/or operates 3,714 self-storage stores in 42 states and Washington, D.C. The Company operates through two segments: self-storage operations, and tenant reinsurance. Its self-storage operations activities include rental operations of wholly owned stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. 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.

Ticker

EXR

Sector

Real Estate

Trading on

NYSE

Industry

Misc. Transportation

CEO

Joseph Margolis

Employees

7,618

Headquarters

Salt lake city, United States

EXR Metrics

BasicAdvanced
$28.8B
Market cap
27.57
P/E ratio
$4.94
EPS
0.76
Beta
$4.86
Dividend rate
4.76%
Dividend yield
$28.8B
0.76177
$164.99
$101.19
1.14M
$4.86
76.553
76.553
130.47%
1,557.425
4.15%
4.29%
9.09%
4.62%
27.573
11.25
1.998
2.042
2.98%
3.57%
4.76%
33.06%
-22.97%
23.59%
8.48%
10.52%

What the Analysts think about EXR

Analyst Ratings

Majority rating from 18 analysts.
Hold

Price Targets

Average projection from 15 analysts.
17.62% upside
High $180.00
Low $131.00
$132.52
Current price
$155.87
Average price target

EXR Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.09% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$797.7M
6.64%
Net income
$216.1M
14.76%
Profit margin
27.09%
7.63%

EXR Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 15.78%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.37
$1.41
$0.96
$1.02
-
Expected
$1.41
$1.51
$0.72
$1.21
$0.99
Surprise
-2.54%
-6.87%
33.07%
-15.78%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Extra Space Storage stock?

Extra Space Storage (EXR) has a market cap of $28.8B as of April 19, 2024.

What is the P/E ratio for Extra Space Storage stock?

The price to earnings (P/E) ratio for Extra Space Storage (EXR) stock is 27.57 as of April 19, 2024.

Does Extra Space Storage stock pay dividends?

Yes, the Extra Space Storage (EXR) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $4.86 and the yield is 4.76%. Extra Space Storage has a payout ratio of 130.47% on a trailing twelve-month basis.

When is the next Extra Space Storage dividend payment date?

The next Extra Space Storage (EXR) dividend payment date is unconfirmed.

What is the beta indicator for Extra Space Storage?

Extra Space Storage (EXR) has a beta rating of 0.76. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Extra Space Storage stock price target?

The target price for Extra Space Storage (EXR) stock is $155.87, which is 17.67% above the current price of $132.46. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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