Announcement • Apr 03
Extra Space Storage Inc., Annual General Meeting, May 14, 2026 Extra Space Storage Inc., Annual General Meeting, May 14, 2026. Announcement • Mar 31
Extra Space Storage Inc. to Report Q1, 2026 Results on Apr 28, 2026 Extra Space Storage Inc. announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Feb 14
Extra Space Storage Inc. Announces First Quarter 2026 Dividend, Payable on March 31, 2026 Extra Space Storage Inc. announced that the Company's board of directors has declared a first quarter 2026 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 31, 2026, to stockholders of record at the close of business on March 16, 2026. Announcement • Jan 21
Extra Space Storage Inc. to Report Q4, 2025 Results on Feb 19, 2026 Extra Space Storage Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Announcement • Jan 06
Extra Space Storage Inc. Announces Promotion of Noah Springer to President, Effective January 5, 2026 Extra Space Storage Inc. announced that the Board of Directors of Extra Space Storage has promoted Noah Springer, the Company's current Executive Vice President, Chief Strategy and Partnership Officer, to President, effective January 5, 2026. Mr. Springer currently is responsible for the Company's third-party management program, joint ventures, human resources department and other strategic initiatives. With Mr. Springer's promotion to President, the Company's operations function will also report to Mr. Springer. Mr. Springer joined Extra Space Storage in 2006 after several years in the banking industry. During his time at the Company, he has served in various roles in acquisitions, asset management and third-party management. Mr. Springer helped develop, lead and grow the Company's third-party management platform, Management Plus, which today is the storage sector's largest third-party management platform with over 1,800 locations. In addition, Mr. Springer has overseen the Company's asset management, construction, and human resources departments. Mr. Springer has been a member of the Company's senior management team since 2014, and a member of the Company's executive team since 2020. Mr. Springer holds a B.A. in Finance and an M.B.A. from the University of Utah. Announcement • Nov 21
Extra Space Storage Inc. Announces Dividend for the Fourth Quarter 2025, Payable on December 31, 2025 Extra Space Storage Inc. announced that the Company's board of directors has declared a fourth quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 31, 2025, to stockholders of record at the close of business on December 15, 2025. Announcement • Oct 30
Extra Space Storage Inc. Revises Earnings Guidance for the Year Ending December 31, 2025 Extra Space Storage Inc. revised earnings guidance for the Year Ending December 31, 2025 . For the year, the company anticipates Same-store revenue growth to be negative 0.25% to positive 0.25% compared to previous guidance of negative 0.5% to positive 1%. Same-store NOI growth to be negative 2.25% to 1.25% compared to previous guidance of negative 2.75% to positive 0.00%.Net income attributable to common stockholders per diluted share to be in range of $4.16 to $4.24. Net Income to be in range of $1,037,636,000 to $1,064,636,000. Announcement • Sep 25
Extra Space Storage Inc. to Report Q3, 2025 Results on Oct 29, 2025 Extra Space Storage Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Declared Dividend • Aug 25
Second quarter dividend of US$1.62 announced Shareholders will receive a dividend of US$1.62. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.0%. Announcement • Aug 22
Extra Space Storage Inc. Declares Dividend for the Third Quarter of 2025, Payable on September 30, 2025 Extra Space Storage Inc. announced that the Company's board of directors has declared a third quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2025, to stockholders of record at the close of business on September 15, 2025. Announcement • Jun 25
Extra Space Storage Inc. to Report Q2, 2025 Results on Jul 30, 2025 Extra Space Storage Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Announcement • May 23
Extra Space Storage Inc. Announces Second Quarter 2025 Dividend, Payable on June 30, 2025 Extra Space Storage Inc. announced that the Company's board of directors has declared a second quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on June 30, 2025, to stockholders of record at the close of business on June 16, 2025. Announcement • Apr 03
Extra Space Storage Inc., Annual General Meeting, May 21, 2025 Extra Space Storage Inc., Annual General Meeting, May 21, 2025. Announcement • Apr 01
Extra Space Storage Inc. to Report Q1, 2025 Results on Apr 29, 2025 Extra Space Storage Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Announcement • Feb 26
Extra Space Storage Inc. Provides Earnings Guidance for the Year Ending December 31, 2025 Extra Space Storage Inc. provided earnings guidance for the year ending December 31, 2025. For the year ending December 31, 2025, the company expects net income attributable to common stockholders per diluted share of $4.38 to $4.68. Net income of $1,039,500,000 to $1,120,25,000. Total same-store net operating income of $1,871,750,000 to $1,936,500,000. Announcement • Feb 22
Extra Space Storage Inc. Announces First Quarter 2025 Dividend, Payable on March 31, 2025 Extra Space Storage Inc. announced that the Company's board of directors has declared a first quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 31, 2025, to stockholders of record at the close of business on March 14, 2025. Announcement • Jan 25
Extra Space Storage Inc. to Report Q4, 2024 Results on Feb 25, 2025 Extra Space Storage Inc. announced that they will report Q4, 2024 results on Feb 25, 2025 Announcement • Nov 16
Extra Space Storage Inc. Announces Dividend for the Fourth Quarter 2024, Payable on December 31, 2024 Extra Space Storage Inc. announced that the Company's board of directors has declared a fourth quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 31, 2024, to stockholders of record at the close of business on December 16, 2024. Announcement • Sep 26
Extra Space Storage Inc. to Report Q3, 2024 Results on Oct 29, 2024 Extra Space Storage Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Announcement • Aug 20
Extra Space Storage Inc. Announces Third Quarter 2024 Dividend, Payable on September 30, 2024 Extra Space Storage Inc. announced that the Company's board of directors has declared a third quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2024, to stockholders of record at the close of business on September 16, 2024. New Risk • Jul 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (28% net profit margin). Significant insider selling over the past 3 months (Mex$1.8m sold). New Risk • Jul 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (28% net profit margin). Significant insider selling over the past 3 months (Mex$1.8m sold). Announcement • Jun 26
Extra Space Storage Inc. to Report Q2, 2024 Results on Jul 30, 2024 Extra Space Storage Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Announcement • Apr 16
Extra Space Storage Inc. has filed a Follow-on Equity Offering in the amount of $800 million. Extra Space Storage Inc. has filed a Follow-on Equity Offering in the amount of $800 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Apr 04
Extra Space Storage Inc., Annual General Meeting, May 23, 2024 Extra Space Storage Inc., Annual General Meeting, May 23, 2024, at 14:00 US Mountain Standard Time. Agenda: To consider Election of Directors; to consider Ratification of the engagement of Ernst & Young LLP as the Company's independent registered public accounting firm for 2024; and to consider Advisory vote to approve compensation of named executive officers. Announcement • Mar 29
Extra Space Storage Inc. to Report Q1, 2024 Results on Apr 30, 2024 Extra Space Storage Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Announcement • Feb 23
Extra Space Storage Inc. Announces First Quarter 2024 Dividend, Payable on March 29, 2024 Extra Space Storage Inc. announced that the Company's board of directors has declared a first quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 29, 2024 to stockholders of record at the close of business on March 15, 2024. Announcement • Jan 27
Extra Space Storage Inc. to Report Q4, 2023 Results on Feb 27, 2024 Extra Space Storage Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Announcement • Nov 17
Extra Space Storage Inc. Declares Fourth Quarter 2023 Dividend, Payable on December 29, 2023 Extra Space Storage Inc. announced that the Company's board of directors has declared a fourth quarter 2023 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 29, 2023 to stockholders of record at the close of business on December 15, 2023. Announcement • Oct 11
Extra Space Storage Inc. to Report Q3, 2023 Results on Nov 07, 2023 Extra Space Storage Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Announcement • Aug 19
Extra Space Storage Inc. Announces Second Dividend of the Third Quarter 2023, Payable on September 29, 2023 Extra Space Storage Inc. announced that the Company's board of directors has declared a dividend of $0.61 per share of common stock to be paid on September 29, 2023 to stockholders of record at the close of business on September 15, 2023. In addition to this dividend of $0.61 per share of common stock, the Company previously paid a dividend of $1.01 per share of common stock on July 19, 2023 prior to its merger with Life Storage Inc. The pre-closing dividend was attributed to the total amount paid for the third quarter, so that between the pre-closing dividend of $1.01 per share and today's announced quarterly dividend of $0.61 per share to be paid, an EXR stockholder will receive a total dividend of $1.62 per share of common stock, consistent with the Company's second quarter 2023 dividend. It is anticipated that the Company's board of directors will return to its historical practice of paying a single quarterly dividend during the fourth quarter of 2023. Announcement • Jul 23
Extra Space Storage Inc. Announces Board Appointments Extra Space Storage Inc. and Life Storage Inc. announced that the companies have completed their previously announced merger, following approval by the shareholders of both companies. The combined company is now the largest storage operator in the country (based on the number of self-storage locations) with over 3,500 locations, approximately 270 million square feet of rentable storage space, and over two million customers. The combined entity will be among the largest REITs in the MSCI U.S. REIT Index, with an enterprise value of approximately $46 billion. In connection with the completion of the merger, the Extra Space board has expanded from 10 to 13 directors with the addition of three new directors designated by Life Storage: Mark G. Barberio, Joseph V. Saffire, and Susan Harnett. Announcement • Jul 07
Extra Space Storage Inc. to Report Q2, 2023 Results on Aug 03, 2023 Extra Space Storage Inc. announced that they will report Q2, 2023 results on Aug 03, 2023 Announcement • Jul 04
Extra Space Storage Inc. Announces Dividend on Common Stock, Payable on July 19, 2023 Extra Space Storage Inc. announced that the Company's board of directors has declared a dividend of $1.01 per share on the common stock of the Company, as permitted by the terms of the merger agreement the Company entered into with Life Storage Inc. The dividend is payable on July 19, 2023 to stockholders of record at the close of business on July 13, 2023. Announcement • May 27
Extra Space Storage Inc. Declares Dividend for the Second Quarter 2023, Payable on June 30, 2023 Extra Space Storage Inc. announced that the Company's board of directors has declared a quarterly dividend of $1.62 per share on the common stock of the Company for the second quarter 2023. The dividend is payable on June 30, 2023 to stockholders of record at the close of business on June 15, 2023. Announcement • May 04
Extra Space Storage Inc. Provides Earnings Guidance for the Year Ending December 31, 2023 Extra Space Storage Inc. provided earnings guidance for the year ending December 31, 2023. For the year, the company expects net income to be in the range of $870,750,000 to $906,100,000 and net income attributable to common stockholders per diluted share to be in the range of $5.66 to $5.96. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$2,989, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 12x in the REITs industry in Mexico. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,516 per share. Upcoming Dividend • Mar 07
Upcoming dividend of US$1.62 per share at 3.9% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Trailing yield: 3.9%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (6.1%). Recent Insider Transactions • Mar 05
Executive VP & Chief Legal Officer recently sold Mex$4.5m worth of stock On the 2nd of March, Gwyn McNeal sold around 2k shares on-market at roughly Mex$2,970 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$40m more than they sold in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: FFO per share: US$8.9 (vs US$7.30 in FY 2021) Full year 2022 results: FFO per share: US$8.9 (up from US$7.30 in FY 2021). Revenue: US$1.97b (up 22% from FY 2021). Funds from operations (FFO): US$1.20b (up 23% from FY 2021). FFO margin: 61% (in line with FY 2021). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the REITs industry in Mexico. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Feb 17
Extra Space Storage Inc. Announces 1st Quarter 2023 Dividend, Payable on March 31, 2023 Extra Space Storage Inc. announced that the Company's board of directors has declared a first quarter 2023 dividend of $1.62 per share on the common stock of the Company, an 8% increase over the prior quarter's dividend. The dividend is payable on March 31, 2023 to stockholders of record at the close of business on March 15, 2023. Announcement • Jan 25
Extra Space Storage Inc. to Report Q4, 2022 Results on Feb 22, 2023 Extra Space Storage Inc. announced that they will report Q4, 2022 results After-Market on Feb 22, 2023 Upcoming Dividend • Dec 06
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 30 December 2022. Trailing yield: 3.8%. Lower than top quartile of Mexican dividend payers (6.7%). Lower than average of industry peers (6.1%). Reported Earnings • Nov 03
Third quarter 2022 earnings released: FFO per share: US$2.3 (vs US$1.97 in 3Q 2021) Third quarter 2022 results: FFO per share: US$2.3 (up from US$1.97 in 3Q 2021). Revenue: US$510.1m (up 21% from 3Q 2021). Funds from operations (FFO): US$308.7m (up 18% from 3Q 2021). FFO margin: 61% (down from 62% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the REITs industry in Mexico. Upcoming Dividend • Sep 07
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Trailing yield: 3.0%. Lower than top quartile of Mexican dividend payers (6.5%). Lower than average of industry peers (5.5%). Reported Earnings • Aug 03
Second quarter 2022 earnings released Second quarter 2022 results: FFO: US$0 per share. Funds from operations (FFO): US$303.6m (up 31% from 2Q 2021). Upcoming Dividend • Jun 07
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Trailing yield: 3.4%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.5%). Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$1.52 (vs US$1.54 in 1Q 2021) First quarter 2022 results: EPS: US$1.52. Revenue: US$443.6m (up 21% from 1Q 2021). Net income: US$203.6m (flat on 1Q 2021). Profit margin: 46% (down from 55% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 7.8% compared to a 8.3% growth forecast for the industry in Mexico.