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Extra Space Storage NYSE:EXR Stock Report

Last Price

US$139.33

Market Cap

US$30.7b

7D

-6.7%

1Y

-13.1%

Updated

18 Mar, 2024

Data

Company Financials +

Extra Space Storage Inc.

NYSE:EXR Stock Report

Market Cap: US$30.7b

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.

EXR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends4/6

Extra Space Storage Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Extra Space Storage
Historical stock prices
Current Share PriceUS$139.33
52 Week HighUS$165.85
52 Week LowUS$101.19
Beta0.75
1 Month Change-1.58%
3 Month Change-9.28%
1 Year Change-13.10%
3 Year Change8.72%
5 Year Change37.49%
Change since IPO1,014.64%

Recent News & Updates

Extra Space Storage Is A Buy (Technical Analysis)

Mar 04

Recent updates

Extra Space Storage Is A Buy (Technical Analysis)

Mar 04

Extra Space Storage: Set Up For Great Performance For Years To Come

Feb 03

Why 4.4%-Yielding Extra Space Storage Remains My Favorite REIT

Jan 23

Extra Space Storage: An Attractive Entry Point To Capitalize On The Long-Term Growth

Jan 02

Extra Space Storage: Take Profits After A Rate-Driven Rally

Dec 20

I'm Not Done Buying 5.5%-Yielding Extra Space Storage

Nov 10

Extra Space Storage: This Could Be The Best Time In 14 Years To Buy This 6% Yielding Ultra SWAN

Oct 28

Extra Space Storage: Stock Bust Is Still Finding Its Bottom

Oct 10

Extra Space Storage: Yielding 5%, May Be My Favorite REIT

Sep 05

Extra Space Storage: No Place To Shelter

Aug 04

Extra Space Storage: Opportune Time To Buy A Best-In-Class REIT

Jul 21

Extra Space Storage Buying Life Storage Will Change US Self-Storage Industry

Jul 03

Why I Keep Buying Extra Space Storage's 4.6% Yield

Jun 26

Extra Space Storage: Left Behind With A Solid Yield

Jun 12

Why I'm Buying More Extra Space Storage

Feb 24

Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors

Feb 19
Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors

Extra Space Storage raises quarterly dividend by 8% to $1.62/share

Feb 16

Extra Space Storage: Need For Space

Jan 04

Why Extra Space Storage Is A No-Brainer Buy For A SWAN Portfolio

Nov 15

Extra Space Storage acquires Storage Express for $590M to expand national portfolio

Sep 16

Extra Space Storage: High Quality Dividend REIT For Your Portfolio

Aug 31

Extra Space Storage declares $1.50 dividend

Aug 19

Extra Space Storage GAAP EPS of $1.73, revenue of $362.19M

Aug 02

Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors

Jul 20
Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors

Extra Space Storage - Top Tier Dividend Growth At A Great Price

Jun 21

Extra Space Storage: A Good Buy On Weakness

May 16

Extra Space Storage: Occupying Prime Real Estate

Mar 31

I Ran A Stock Scan For Earnings Growth And Extra Space Storage (NYSE:EXR) Passed With Ease

Mar 29
I Ran A Stock Scan For Earnings Growth And Extra Space Storage (NYSE:EXR) Passed With Ease

Is Extra Space Storage A Buy, Sell Or Hold At All-Time Highs?

Jan 07

Extra Space Storage Is Too Expensive For The Difficulty Ahead

Dec 29

Shareholder Returns

EXRUS Specialized REITsUS Market
7D-6.7%-4.4%-0.1%
1Y-13.1%1.1%28.4%

Return vs Industry: EXR underperformed the US Specialized REITs industry which returned 1.1% over the past year.

Return vs Market: EXR underperformed the US Market which returned 28.4% over the past year.

Price Volatility

Is EXR's price volatile compared to industry and market?
EXR volatility
EXR Average Weekly Movement3.7%
Specialized REITs Industry Average Movement3.2%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: EXR has not had significant price volatility in the past 3 months.

Volatility Over Time: EXR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19777,618Joe Margolishttps://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

How do Extra Space Storage's earnings and revenue compare to its market cap?
EXR fundamental statistics
Market capUS$30.72b
Earnings (TTM)US$801.97m
Revenue (TTM)US$2.62b

36.8x

P/E Ratio

11.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXR income statement (TTM)
RevenueUS$2.62b
Cost of RevenueUS$638.12m
Gross ProfitUS$1.98b
Other ExpensesUS$1.17b
EarningsUS$801.97m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.79
Gross Margin75.60%
Net Profit Margin30.67%
Debt/Equity Ratio71.5%

How did EXR perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

77%

Payout Ratio
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