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 | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
My Notes
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Integration Of Life Storage Will Streamline Operations
Extra Space Storage Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$147.00 |
| 52 Week High | US$184.87 |
| 52 Week Low | US$131.02 |
| Beta | 0.90 |
| 1 Month Change | -10.93% |
| 3 Month Change | -18.52% |
| 1 Year Change | -6.09% |
| 3 Year Change | -32.57% |
| 5 Year Change | 40.66% |
| Change since IPO | 1,076.00% |
Recent News & Updates
Recent updates
Extra Space Storage: Solid All-Weather Value, Set To Move
Nov 13Extra Space, Extra Gains: How Extra Space Storage Is Winning The Dividend Game
Sep 01Extra Space Storage: Solid Q2 Results, Buy For REIT Rally
Jul 31Extra Space Storage: Results Are Improving, But Rates A Risk (Rating Upgrade)
May 17I'm Betting On 5%-Yielding Extra Space Storage To Grow My Wealth
May 04Extra Space Storage: Oversupply And Reduced Demand Are Taking A Toll
Apr 02Extra Space Storage Is A Buy (Technical Analysis)
Mar 04Extra Space Storage: Set Up For Great Performance For Years To Come
Feb 03Why 4.4%-Yielding Extra Space Storage Remains My Favorite REIT
Jan 23Extra Space Storage: An Attractive Entry Point To Capitalize On The Long-Term Growth
Jan 02Extra Space Storage: Take Profits After A Rate-Driven Rally
Dec 20I'm Not Done Buying 5.5%-Yielding Extra Space Storage
Nov 10Extra Space Storage: This Could Be The Best Time In 14 Years To Buy This 6% Yielding Ultra SWAN
Oct 28Extra Space Storage: Stock Bust Is Still Finding Its Bottom
Oct 10Extra Space Storage: Yielding 5%, May Be My Favorite REIT
Sep 05Extra Space Storage: No Place To Shelter
Aug 04Extra Space Storage: Opportune Time To Buy A Best-In-Class REIT
Jul 21Extra Space Storage Buying Life Storage Will Change US Self-Storage Industry
Jul 03Why I Keep Buying Extra Space Storage's 4.6% Yield
Jun 26Extra Space Storage: Left Behind With A Solid Yield
Jun 12Why I'm Buying More Extra Space Storage
Feb 24Extra Space Storage raises quarterly dividend by 8% to $1.62/share
Feb 16Extra Space Storage: Need For Space
Jan 04Why Extra Space Storage Is A No-Brainer Buy For A SWAN Portfolio
Nov 15Extra Space Storage acquires Storage Express for $590M to expand national portfolio
Sep 16Shareholder Returns
| EXR | US Specialized REITs | US Market | |
|---|---|---|---|
| 7D | -7.1% | -8.0% | -3.5% |
| 1Y | -6.1% | -3.5% | 22.1% |
Return vs Industry: EXR underperformed the US Specialized REITs industry which returned -3.5% over the past year.
Return vs Market: EXR underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| EXR volatility | |
|---|---|
| EXR Average Weekly Movement | 3.5% |
| Specialized REITs Industry Average Movement | 3.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EXR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EXR's weekly volatility (4%) has been stable 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 September 30, 2024, the Company owned and/or operated 3,862 self-storage stores in 42 states and Washington, D.C. The Company’s stores comprise approximately 2.7 million units and approximately 296.7 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 | US$31.40b |
| Earnings (TTM) | US$806.89m |
| Revenue (TTM) | US$3.31b |
38.6x
P/E Ratio9.4x
P/S RatioIs EXR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EXR income statement (TTM) | |
|---|---|
| Revenue | US$3.31b |
| Cost of Revenue | US$849.52m |
| Gross Profit | US$2.46b |
| Other Expenses | US$1.65b |
| Earnings | US$806.89m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.81 |
| Gross Margin | 74.34% |
| Net Profit Margin | 24.37% |
| Debt/Equity Ratio | 77.1% |
How did EXR perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield83%
Payout RatioDoes EXR pay a reliable dividends?
See EXR dividend history and benchmarks| Extra Space Storage dividend dates | |
|---|---|
| Ex Dividend Date | Dec 16 2024 |
| Dividend Pay Date | Dec 31 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 10 days |
Does EXR pay a reliable dividends?
See EXR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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. 8 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 |