Extra Space Storage
About: Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Employees: 7,618
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
33% more call options, than puts
Call options by funds: $22.5M | Put options by funds: $17M
19% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 75
1% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 263
0.19% less ownership
Funds ownership: 95.55% [Q3] → 95.37% (-0.19%) [Q4]
2% less funds holding
Funds holding: 755 [Q3] → 743 (-12) [Q4]
16% less capital invested
Capital invested by funds: $36B [Q3] → $30.2B (-$5.87B) [Q4]
45% less funds holding in top 10
Funds holding in top 10: 11 [Q3] → 6 (-5) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$165
6%
upside
Avg. target
$171
10%
upside
High target
$184
18%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Wells Fargo Eric Luebchow 60% 1-year accuracy 29 / 48 met price target | 6%upside $165 | Equal-Weight Maintained | 21 Feb 2025 |
Barclays Brendan Lynch 52% 1-year accuracy 16 / 31 met price target | 18%upside $184 | Overweight Maintained | 13 Jan 2025 |
Scotiabank Nicholas Yulico 51% 1-year accuracy 19 / 37 met price target | 7%upside $167 | Sector Perform Upgraded | 10 Jan 2025 |
Truist Securities Ki Bin Kim 68% 1-year accuracy 19 / 28 met price target | 8%upside $168 | Hold Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 9 articles about EXR published over the past 30 days
Neutral
PRNewsWire
16 hours ago
Extra Space Storage Inc. Announces 1st Quarter 2025 Dividend
SALT LAKE CITY , Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today 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.
Neutral
Zacks Investment Research
1 day ago
Unveiling Extra Space Storage (EXR) Q4 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Extra Space Storage (EXR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Seeking Alpha
2 days ago
The Dividend Strategy That Could Make Me A Millionaire - And How You Can Copy It
Self-made millionaires build wealth through disciplined, consistent investing. I focus on dividend growth stocks, avoid single-stock risks, and live below my means to reinvest. I invest in wide-moat companies with strong fundamentals. Prioritizing dividend growth, I aim for income and long-term gains without timing the market. My picks reflect my conviction in dividend growth as a wealth-building tool. These stocks align with my long-term vision for financial security and success.
Positive
Seeking Alpha
1 week ago
The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for longer" due to factors like energy costs, labor market tightness, and deglobalization. To combat inflation, I recommend investing in sectors with strong pricing power like energy and real estate, which have historically outperformed during inflationary periods.
Positive
Seeking Alpha
1 week ago
All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On
Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend stocks. Focused on wide-moat businesses, I prioritize quality and long-term growth over yield. My portfolio has outperformed the S&P 500, and I'm confident in its future. I expect a rotation to value stocks, and I'll keep sharing insights to grow together.
Positive
Seeking Alpha
1 week ago
How To Build A $1,000 Monthly Dividend Income Stream From REITs
REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.
Positive
Seeking Alpha
3 weeks ago
Morning In America
Following the best week since November, U.S. markets posted their best first-week of a Presidential term since 1985 as investors saw business-friendly undertones in the early days of the new administration. Striking an agreeable tone for markets that were wary of the inflationary impacts of trade and fiscal policy, President Trump focused on supply side policies and didn't immediately implement sweeping tariffs. Posting record-highs for the first time since early December, the S&P 500 gained another 1.7% on the week, notching back-to-back weekly gains following a stretch of 4-of-5 weekly losses.
Neutral
PRNewsWire
4 weeks ago
Extra Space Storage Inc. Announces Tax Reporting Information for 2024 Distributions
SALT LAKE CITY , Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2024 dividend distributions on its common stock. The allocations, as they will be reported on Form 1099-DIV, are as follows for common shares CUSIP# 30225T102: Ex-DividendDate Record Date PayableDate Total Distribution Per Share Ordinary DividendPer Share (Box 1a) QualifiedDividend Per Share (Box 1b) Capital Gain Distribution Per Share (Box 2a) 1 Unrecaptured Section 1250 Gain Per Share (Box 2b) Section 199A Dividend Per Share (Box 5) Section 897 Capital Gain Per Share (Box 2f) 03/14/2024 03/15/2024 03/29/2024 $1.620000 $1.582206 $0.294917 $0.037794 $0.015530 $1.287289 $0.037794 06/14/2024 06/14/2024 06/28/2024 $1.620000 $1.582206 $0.294917 $0.037794 $0.015530 $1.287289 $0.037794 09/16/2024 09/16/2024 09/30/2024 $1.620000 $1.582206 $0.294917 $0.037794 $0.015530 $1.287289 $0.037794 12/16/2024 12/16/2024 12/31/2024 $1.620000 $1.582206 $0.294917 $0.037794 $0.015530 $1.287289 $0.037794 Totals $6.480000 $6.328823 $1.179667 $0.151177 $0.062120 $5.149156 $0.151177 1.
Neutral
PRNewsWire
4 weeks ago
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year-End 2024 Results
SALT LAKE CITY , Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months and year ended December 31, 2024 on Tuesday, February 25, 2025 after the market closes. The Company will host a conference call at 1:00 p.m.
Positive
Seeking Alpha
1 month ago
Extra Space Storage: Dividend Growth Story
Extra Space Storage Inc. is a REIT specializing in self-storage operations, including owning, managing, acquiring, and developing self-storage properties. The company also offers tenant insurance and manages properties for third-party owners, earning management fees. The investment thesis highlights Extra Space Storage's diversified revenue streams and robust business model in the self-storage sector.
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