EXR * Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Extra Space Storage Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2,784.00 |
| 52 Week High | US$2,784.00 |
| 52 Week Low | US$2,784.00 |
| Beta | 0.87 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | -20.11% |
| 5 Year Change | n/a |
| Change since IPO | 36.09% |
Recent News & Updates
Recent updates
Shareholder Returns
| EXR * | MX Specialized REITs | MX Market | |
|---|---|---|---|
| 7D | 0% | -5.6% | -4.3% |
| 1Y | n/a | -2.4% | -14.0% |
Return vs Industry: Insufficient data to determine how EXR * performed against the MX Specialized REITs industry.
Return vs Market: Insufficient data to determine how EXR * performed against the MX Market.
Price Volatility
| EXR * volatility | |
|---|---|
| EXR * Average Weekly Movement | n/a |
| Specialized REITs Industry Average Movement | 3.0% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in MX Market | 6.0% |
| 10% least volatile stocks in MX Market | 2.6% |
Stable Share Price: EXR * has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine EXR *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | 7,618 | Joe Margolis | www.extraspace.com |
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.
Extra Space Storage Inc. Fundamentals Summary
| EXR * fundamental statistics | |
|---|---|
| Market cap | Mex$769.85b |
| Earnings (TTM) | Mex$15.80b |
| Revenue (TTM) | Mex$63.41b |
46.8x
P/E Ratio11.7x
P/S RatioIs EXR * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EXR * income statement (TTM) | |
|---|---|
| Revenue | US$3.22b |
| Cost of Revenue | US$827.30m |
| Gross Profit | US$2.39b |
| Other Expenses | US$1.59b |
| Earnings | US$802.12m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 29, 2024
| Earnings per share (EPS) | 3.78 |
| Gross Margin | 74.30% |
| Net Profit Margin | 24.91% |
| Debt/Equity Ratio | 76.0% |
How did EXR * perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield80%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/30 08:04 |
| End of Day Share Price | 2024/07/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Extra Space Storage Inc. is covered by 40 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Milligan | Baird |
| Brendan Lynch | Barclays |
| Keegan Carl | Berenberg |