EXR

EXTRA SPACE STORAGE INC

Real Estate • USA

Apr 05 • 04:00PM ET
151.76
+3.18 (+2.14%)
Company Profile

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, 2024, the Company owned and/or operated 4,011 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 308.4 million square feet of rentable space operating under the Extra Space brand. 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. It is t ... read more

Full Time Employees 7,618
Phone 801-365-4600
Website https://www.extraspace.com
CEO Mr. Joseph Daniel Margolis J.D.
IPO Date 2004-08-16
Sector Real Estate
Industry REIT - Industrial
Address 2795 East Cottonwood Parkway, Salt Lake City, UT 84121
Balance Sheet
Total Cash $119,559,000
Total Debt $13,246,470,000
Current Ratio 0.00
Quick Ratio 0.00
Profitability
Gross Margin 71.83%
Net Margin 27.84%
ROE 6.57%
ROA 3.15%
ROIC 4.88%
Balance Sheet
Total Cash $119,559,000
Total Debt $13,246,470,000
Current Ratio 0.00
Quick Ratio 0.00
Profitability
Gross Margin 71.83%
Net Margin 27.84%
ROE 6.57%
ROA 3.15%
ROIC 4.88%
Name EXTRA SPACE STORAGE INC Sector Real Estate Currency USD Relative Volume 1.04 Market Cap 29300
Current Ratio 0.0 Dividend / Share 6.48 EPS 4.03 Revenue 3256902000 P/S 9.0
P/E 34.3 Beta 0.54 Income 854681000 Volume 1378505 Average Volume 1321096
Distance to 200DMA -14.25% 200 DMA 161.17 50 DMA 151.69 ROA 3.0 ROE 6.1
Distance to 50DMA -8.89% Return 1Y -0.75% Return YTD -6.58% Forward PE Qtly Growth YOY
Debt/Eq 1.0 P/B 2.1 Dividend Yield 4.3% Net Margin 26.24% Payout Ratio 160.8
Performance
52 Week Range 160.8%
Distance to 200DMA 2.13%
Day Change Percent $3.24
Performance Week $1.62
Performance Month $1.62
Performance Quarter 2024-09-16
Performance YTD $1.62
Performance Year $1.62

Performance Range

Day

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Balance Sheet
Total Cash $88,931,000
Total Debt $12,234,321,000
Current Ratio 0.00%
Quick Ratio 0.00%
Profitability
Gross Margin 71.83%
Net Margin 27.84%
ROE 6.57%
ROA 3.15%
ROIC 4.88%
Valuation
Price to Earnings 35.24
Price to Book 2.32
Price to Sales 9.81
Price to Free Cash Flow 28.87
Dividends
Payout Ratio 150.45%
Dividend Yield 4.27%
Dividend Amount $3.24
Last Dividend Pay Date 2024-09-16
Last Dividend Paid $1.62
Performance
52 Week Range 160.8%
Distance to 200DMA 2.13%
Day Change Percent $3.24
Performance Week $1.62
Performance Month $1.62
Performance Quarter 2024-09-16
Performance YTD $1.62
Performance Year $1.62
Company Profile

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, 2024, the Company owned and/or operated 4,011 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 308.4 million square feet of rentable space operating under the Extra Space brand. 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. It is t ... read more

Full Time Employees 7,618
Phone 801-365-4600
Website https://www.extraspace.com
CEO Mr. Joseph Daniel Margolis J.D.
IPO Date 2004-08-16
Sector Real Estate
Address 2795 East Cottonwood Parkway, Salt Lake City, UT 84121
Histogram - Daily

Balance Sheet
Total Cash $88,931,000
Total Debt $12,234,321,000
Current Ratio 0.00%
Quick Ratio 0.00%
Profitability
Gross Margin 0.7270%
Net Margin 0.2500%
ROE 0.06%
ROA 0.03%
Company Profile

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, 2024, the Company owned and/or operated 4,011 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 308.4 million square feet of rentable space operating under the Extra Space brand. 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. It is t ... read more

Full Time Employees 7,618
Phone 801-365-4600
Website https://www.extraspace.com
CEO Mr. Joseph Daniel Margolis J.D.
IPO Date 2004-08-16
Sector Real Estate
Address 2795 East Cottonwood Parkway, Salt Lake City, UT 84121
Monthly Win Rate

Balance Sheet (Multi-Column Example)
Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023
Cash & Short Term Investments 53,775.0 65,171.0 61,801.0 67,150.0 73,100.0 61,555.0 62,482.0 55,872.0
Receivables 59,306.0 66,243.0 43,172.0 41,150.0 50,102.0 60,985.0 39,186.0 35,899.0
Inventory 6,911.0 7,286.0 6,165.0 6,232.0 6,511.0 6,331.0 7,351.0 7,482.0

Latest News

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2025-05-15 08:15:00 - seekingalpha.com
Scale Has Its Advantages: 3 A-Rated REIT Monopolies
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Scale is a critical competitive advantage for companies, enabling them to expand, attract capital, and achieve strong market positions, as seen with Realty Income, Prologis, and Public Storage. Realty

2025-05-10 07:00:00 - seekingalpha.com
Recession? Buy These 2 Dividend Growers While They Are Cheap
Recession? Buy These 2 Dividend Growers While They Are Cheap

Despite recession fears and shaky GDP, I'm not panicking. Strong earnings and resilient fundamentals still offer plenty of opportunities for long-term investors. In times of trade turmoil and rising u

2025-05-03 07:30:00 - seekingalpha.com
Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript
Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript

Extra Space Storage Inc. (NYSE:EXR ) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Jared Conley - VP, IR Joe Margolis - CEO Scott Stubbs - CFO Conference Call Partici

2025-04-30 16:45:25 - seekingalpha.com
Extra Space Storage Q1 Core FFO Beats Estimates, Occupancy Grows Y/Y
Extra Space Storage Q1 Core FFO Beats Estimates, Occupancy Grows Y/Y

EXR's Q1 results reflect higher revenues year over year, aided by growth in occupancy. However, higher interest expenses marred the performance to an extent.

2025-04-30 13:15:35 - zacks.com
Extra Space Storage (EXR) Reports Q1 Earnings: What Key Metrics Have to Say
Extra Space Storage (EXR) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Extra Space Storage (EXR) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Stre

2025-04-29 19:30:35 - zacks.com
Extra Space Storage (EXR) Q1 FFO Surpass Estimates
Extra Space Storage (EXR) Q1 FFO Surpass Estimates

Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of $2 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to FFO of $1.96 per share a year a

2025-04-29 18:25:35 - zacks.com
Extra Space Storage Inc. Reports 2025 First Quarter Results
Extra Space Storage Inc. Reports 2025 First Quarter Results

SALT LAKE CITY , April 29, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of

2025-04-29 16:15:00 - prnewswire.com
Extra Space Storage to Post Q1 Earnings: What Awaits the Stock?
Extra Space Storage to Post Q1 Earnings: What Awaits the Stock?

EXR's Q1 results are likely to reflect gains from high brand value, a solid presence in key cities and expansionary efforts.

2025-04-23 12:05:34 - zacks.com
Powell On The Hot Seat
Powell On The Hot Seat

US equity markets steadied this past week while bond markets rallied as investors parsed a surprisingly solid slate of economic data and a decent start to corporate earnings season. Early week gains w

2025-04-20 09:00:00 - seekingalpha.com
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2025 Results
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call

SALT LAKE CITY , March 31, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months ended March 31, 2025 on Tues

2025-03-31 18:00:00 - prnewswire.com
Countdown To Tariff Day
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Ahead of the April 2nd tariff unveiling, US equity markets were under renewed pressure this week on downbeat data showing a further dip in consumer confidence and hotter-than-expected PCE inflation. A

2025-03-30 09:00:00 - seekingalpha.com
State Of REITs: The 'Dark Age' Is Over
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While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu

2025-03-27 16:47:09 - seekingalpha.com
Extra Space Storage: Balancing Company Strength And Industry Weakness
Extra Space Storage: Balancing Company Strength And Industry Weakness

Extra Space Storage is a resilient REIT in the self-storage sector, showing long-term growth despite recent industry challenges and a stagnant dividend. The self-storage industry is experiencing conso

2025-03-21 06:18:01 - seekingalpha.com