Extra Space Storage Inc. – NYSE:EXR

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$139.87

-8.21

-5.55%

Market closed

Open in 1 day

-8.54%

month

-8.54%

quarter

-8.07%

year

Market Cap	31.13B
Enterprise value	43.53B

P/E	38.80
EV/Sales	13.46
EV/EBITDA	19.82
Price/Sales	9.71
Price/Book	2.23
PEG ratio	-0.16
EPS	4.49

Revenue	2.85B
EBITDA	1.93B
Income	820.00M
Revenue Q/Q	58.93%
Revenue Y/Y	44.01%

Profit margin	24.99%
Oper. margin	41.57%
Gross margin	66.77%
EBIT margin	41.57%
EBITDA margin	67.69%

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10 years history
Forward ratios (Analysts estimates)

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Extra Space Storage Stock Forecast

M Q Y

Last Year

$178.8

Potential upside: 27.83%

Analysts Price target
Financials & Ratios estimates

Extra Space Storage Inc. (NYSE:EXR): Profit margin
Jun 2023	511.38M	202.41M	39.58%
Sep 2023	748.03M	188.35M	25.18%
Dec 2023	797.77M	216.13M	27.09%
Mar 2024	799.53M	213.11M	26.65%

Extra Space Storage Inc. (NYSE:EXR): Earnings per share (EPS)
2023-05-03	1.41	2.01

Dividends

Paying a dividend greater than earnings.

Extra Space Storage Inc. (NYSE:EXR): Payout ratio
Payout ratio	169.98%

Extra Space Storage Inc. (NYSE:EXR): Dividend Yield
2019	3.38%
2020	3.12%
2021	1.99%
2022	4.08%
2023	3.86%

EXR dividends history

Extra Space Storage Inc. (NYSE:EXR): Debt to assets
Jun 2023	12365453000	8.33B	67.37%
Sep 2023	27625818000	12.05B	43.65%
Dec 2023	27456262000	12.04B	43.86%
Mar 2024	27480120000	12.19B	44.36%

Extra Space Storage Inc. (NYSE:EXR): Cash Flow
Jun 2023	347.87M	-271.24M	-74.16M
Sep 2023	408.43M	-1.27B	1.04B
Dec 2023	364.51M	-182.23M	-300.34M
Mar 2024	465.55M	-282.07M	-233.18M

Extra Space Storage alternative data

Extra Space Storage
Employees

Extra Space Storage Inc. (NYSE:EXR): Employee count
Sep 2023	4,781
Oct 2023	4,781
Nov 2023	4,781
Dec 2023	4,781
Jan 2024	4,781
Feb 2024	4,781
Mar 2024	7,618
Apr 2024	7,618
May 2024	7,618
Jun 2024	7,618
Jul 2024	7,618

Extra Space Storage
Hedge Funds Holdings Q3 2022

80.82% -8.18%

of EXR is owned by hedge funds

557 -64

hedge funds hold EXR stock

115.36M -10.64M

shares is hold by hedge funds

EXR hedge funds holdings changes

Extra Space Storage
Insider Trading

Extra Space Storage Inc. (NYSE:EXR): Insider trades (number of shares)
Period	Buy	Sel
Dec 2023	0	50000
Mar 2024	0	4882
Jun 2024	0	677
Jul 2024	0	7500
Aug 2024	0	4823
Sep 2024	0	5065
Oct 2024	0	7500
Nov 2024	0	3081

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	15 Nov 2024	OLMSTEAD DIANE director director	Common Stock	3,081	$164.56	$507,009
Sale	1 Oct 2024	MARGOLIS JOSEPH D director, officer..	Common Stock	7,500	$178.52	$1,338,900
Sale	1 Oct 2024	MARGOLIS JOSEPH D director, officer..	Common Stock	7,500	$178.52	$1,338,900
Option	13 Sep 2024	WOOLLEY KENNETH M. director director	Common Stock	5,065	$85.99	$435,539
Option	13 Sep 2024	WOOLLEY KENNETH M. director director	Common Stock	1,582	$65.36	$103,400
Sale	13 Sep 2024	WOOLLEY KENNETH M. director director	Common Stock	5,065	$177.23	$897,670
Option	13 Sep 2024	WOOLLEY KENNETH M. director director	Stock Options	1,582	$65.36	$103,400
Option	13 Sep 2024	WOOLLEY KENNETH M. director director	Stock Options	5,065	$85.99	$435,539
Sale	28 Aug 2024	SPRINGER WILLIAM N officer: EVP, Chief S & P Officer officer: EVP, Chief S & P Officer	Common Stock	2,000	$175.33	$350,660
Sale	23 Aug 2024	MCNEAL GWYN GOODSON officer: EVP/Chie..	Common Stock	2,823	$177.01	$499,699

EXR insider trading transactions

Extra Space Storage
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 1 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 28 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 8 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 4 Aug 2023	Q2 2023 Earnings Call Transcript

EXR earnings call transcripts

Extra Space Storage
Executives

Insider	Age	Compensation
Mr. Joseph Daniel Margolis J.D. (1961) Chief Executive Officer & Director	64	$2,570,000
Mr. P. Scott Stubbs (1968) Executive Vice President & Chief Financial Officer	57	$1,150,000
Mr. Samrat Sondhi (1975) Executive Vice President & Chief Marketing Officer	50	$960,160
Ms. Gwyn Goodson McNeal (1969) Executive Vice President & Chief Legal Officer	56	$914,370
Mr. Matthew T. Herrington (1981) Executive Vice President & Chief Operating Officer	44	$697,830

Extra Space Storage
Latest News

Saturday, 28 December 2024
04:16	3 Magnificent S&P 500 Dividend Stocks Down 20% to Buy and Hold Forever	fool.com
Thursday, 26 December 2024
08:25	3 REITs To Sell Before 2025	seekingalpha.com
Sunday, 22 December 2024
08:23	5 Absolutely Best Passive Income Stocks to Buy For 2025	247wallst.com
Thursday, 19 December 2024
11:00	State Of REITs: Recession To Recovery In 2025	seekingalpha.com
Sunday, 8 December 2024
09:00	Goldilocks Data Upholds Fed Cut	seekingalpha.com
Friday, 6 December 2024
11:46	Should Extra Space Storage Stock be Retained in Your Portfolio Now?	zacks.com
07:30	Escape The 9-5 Grind: 3 Terrific Dividend Stocks To Fuel Your Financial Freedom	seekingalpha.com
Tuesday, 3 December 2024
13:41	Property Type Round-Up From REITworld 2024	seekingalpha.com
Monday, 2 December 2024
16:45	Extra Space Announces Pricing of $300 Million Add-On Offering of 5.700% Senior Notes due 2028	prnewswire.com
Sunday, 1 December 2024
09:00	'Tis The Season For REIT Dividends	seekingalpha.com
Monday, 25 November 2024
06:08	3 Great Dividend Stocks to Buy for Those With $175 or Less to Invest	fool.com
Sunday, 24 November 2024
09:00	Home For The Holidays	seekingalpha.com
Thursday, 21 November 2024
08:15	3 REITs With High Dividend Growth Prospects In 2025	seekingalpha.com
07:03	U-Haul Acquires Former Extra Space Storage Facility in Minneapolis	businesswire.com
Wednesday, 20 November 2024
16:15	Extra Space Storage Inc. Announces $1 Billion Commercial Paper Note Program	prnewswire.com
Friday, 15 November 2024
16:15	Extra Space Storage Inc. Announces 4th Quarter 2024 Dividend	prnewswire.com
Wednesday, 13 November 2024
07:30	Extra Space Storage: Solid All-Weather Value, Set To Move	seekingalpha.com
Tuesday, 12 November 2024
07:30	How I'd Build The Ultimate Dividend Retirement Portfolio Today	seekingalpha.com
Friday, 8 November 2024
07:30	The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio	seekingalpha.com
Tuesday, 5 November 2024
07:30	Double-Digit Return Potential: 3 REITs To Boost Your Portfolio	seekingalpha.com
Wednesday, 30 October 2024
16:05	Extra Space Storage Inc. (EXR) Q3 2024 Earnings Call Transcript	seekingalpha.com
13:21	Extra Space Storage Q3 FFO Tops Estimates, Occupancy Rises	zacks.com
Tuesday, 29 October 2024
19:01	Compared to Estimates, Extra Space Storage (EXR) Q3 Earnings: A Look at Key Metrics	zacks.com
18:26	Extra Space Storage (EXR) Beats Q3 FFO and Revenue Estimates	zacks.com
16:15	Extra Space Storage Inc. Reports 2024 Third Quarter Results	prnewswire.com
Thursday, 24 October 2024
10:21	Stay Ahead of the Game With Extra Space Storage (EXR) Q3 Earnings: Wall Street's Insights on Key Metrics	zacks.com
Wednesday, 23 October 2024
04:17	These Magnificent Dividend Stocks Have Made Investors a Lot Richer Over the Past 20 Years	fool.com
Tuesday, 22 October 2024
06:09	3 No-Brainer Real Estate Dividend Stocks to Buy With $1,000 Right Now	fool.com
Friday, 11 October 2024
10:31	Is it Wise to Retain Extra Space Storage Stock for Now?	zacks.com
Wednesday, 9 October 2024
07:30	Why I'd Trade Millions For Consistent Income: 3 High-Yield Picks You'll Love	seekingalpha.com

Ideas & Opinions

Seeking Alpha 8 Aug 2025

What Baron Bought And Sold In Q2: Airbnb, BXP, And More
Seeking Alpha 26 Jun 2025

Extra Space Storage: Extra Space To Run Up
Seeking Alpha 20 Dec 2024

My Highest Conviction REIT Investment Idea: Big Yellow Group
Seeking Alpha 24 May 2024

Janus International Group: Good Long-Term Prospects And A Reasonable Valuation (Rating Upgrade)
Seeking Alpha 5 Sep 2023

Extra Space Storage: I Buy Shares Each Month
Seeking Alpha 2 Aug 2023

Rare Buy Picks In July 2023 - From 29 Discerning Analysts
Seeking Alpha 12 Apr 2023

Life Storage: Attractive All-Stock Merger Arb Deal
Seeking Alpha 7 Feb 2023

Public Storage: A Huge Dividend Hike To Offset Life Storage Deal Uncertainty
Seeking Alpha 2 Dec 2022

Extra Space Is Still Grossly Overvalued
Seeking Alpha 21 Sep 2022

Amerco: The Making Of A Blockbuster

Frequently Asked Questions (FAQ)

What's the price of Extra Space Storage stock today?

One share of Extra Space Storage stock can currently be purchased for approximately $139.87.
When is Extra Space Storage's next earnings date?

Unfortunately, Extra Space Storage's (EXR) next earnings date is currently unknown.
Does Extra Space Storage pay dividends?

Yes, Extra Space Storage pays dividends and its trailing 12-month yield is 4.38% with 170% payout ratio.It means that the company is paying a dividend greater than earnings. The last Extra Space Storage stock dividend of $1.25 was paid on 31 Dec 2021.
How much money does Extra Space Storage make?

Extra Space Storage has a market capitalization of 31.13B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 33.06% to 2.56B US dollars. Extra Space Storage earned 803.2M US dollars in net income (profit) last year or $2.01 on an earnings per share basis.
What is Extra Space Storage's stock symbol?

Extra Space Storage Inc. is traded on the NYSE under the ticker symbol "EXR".
What is Extra Space Storage's primary industry?

Company operates in the Real Estate sector and REIT - Industrial industry.
How do i buy shares of Extra Space Storage?

Shares of Extra Space Storage can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Extra Space Storage's key executives?
Extra Space Storage's management team includes the following people:
- Mr. Joseph Daniel Margolis J.D. Chief Executive Officer & Director(age: 64, pay: $2,570,000)
- Mr. P. Scott Stubbs Executive Vice President & Chief Financial Officer(age: 57, pay: $1,150,000)
- Mr. Samrat Sondhi Executive Vice President & Chief Marketing Officer(age: 50, pay: $960,160)
- Ms. Gwyn Goodson McNeal Executive Vice President & Chief Legal Officer(age: 56, pay: $914,370)
- Mr. Matthew T. Herrington Executive Vice President & Chief Operating Officer(age: 44, pay: $697,830)
How many employees does Extra Space Storage have?

As Jul 2024, Extra Space Storage employs 7,618 workers.
When Extra Space Storage went public?

Extra Space Storage Inc. is publicly traded company for more then 21 years since IPO on 16 Aug 2004.
What is Extra Space Storage's official website?

The official website for Extra Space Storage is extraspace.com.
Where are Extra Space Storage's headquarters?

Extra Space Storage is headquartered at 2795 East Cottonwood Parkway, Salt Lake City, UT.
How can i contact Extra Space Storage?

Extra Space Storage's mailing address is 2795 East Cottonwood Parkway, Salt Lake City, UT and company can be reached via phone at 801-365-4600.
What is Extra Space Storage stock forecast & price target?

Based on 5 Wall Street analysts` predicted price targets for Extra Space Storage in the last 12 months, the avarage price target is $178.8. The average price target represents a 27.83% change from the last price of $139.87.

Extra Space Storage Inc.

extraspace.com

Exchange:

NYSE

Full time employees:

7,618

Industry:

REIT - Industrial

Sector:

Real Estate

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 and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

801-365-4600

2795 East Cottonwood Parkway
Salt Lake City, UT 84121

CIK: 0001289490
ISIN: US30225T1025
CUSIP: 30225T102