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On Thursday morning 05/23/2024 the Extra Space Storage Inc. share started trading at the price of $146.16.Compared to the closing price on Wednesday 05/22/2024 on BTT of $146.36, this is a drop of 0.14%.There are 211.72 M shares outstanding in Extra Space Storage Inc., which values the company at $30.97 B.
Is Extra Space Storage stock a Buy, Sell or Hold?
Extra Space Storage stock hasn't recieved a clear consensus rating. The average rating score is and is based on 15 buy ratings, 15 hold ratings, and 6 sell ratings.What was the 52-week low for Extra Space Storage stock?
The low in the last 52 weeks of Extra Space Storage stock was 101.19. According to the current price, Extra Space Storage is 142.15% away from the 52-week low.What was the 52-week high for Extra Space Storage stock?
The high in the last 52 weeks of Extra Space Storage stock was 164.94. According to the current price, Extra Space Storage is 87.21% away from the 52-week high.What are analysts forecasts for Extra Space Storage stock?
The 36 analysts offering price forecasts for Extra Space Storage have a median target of 160.92, with a high estimate of 197.00 and a low estimate of 115.00. The median estimate represents a 89.39 difference from the last price of 143.84.Extra Space Storage Stock Snapshot
143.84
Bid
5.00
Bid Size
144.04
Ask
1.00
Ask Size
5/23/2024
Date
12:18 PM
Time
4,534.00
Volume
146.36
Prev. Close
146.16
Open
30.97 B
Market Cap
211.72 M
Number of Shares
143.73
Day Low
146.16
Day High
143.84
101.19
52 Week Low
164.94
52 Week High
143.84
6.57
Dividend
4.47
Dividend Yield
33.82
P/E Ratio
4.19
EPS 2024
62.81
Book Value per Share
7.22
Cash Flow per Share
Extra Space Storage NewsMore News
Benzinga
Navigating 6 Analyst Ratings For Extra Space Storage
TipRanks
Extra Space Storage (EXR) Gets a Buy from Barclays
TipRanks
Buy Rating Affirmed for Extra Space Storage Amid Strong Performance and Upbeat Outlook
Historical Prices for Extra Space Storage
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:0%0
Extra Space Storage Analyst Data
Total Analysts: 36
Buy Ratings: 15 Neutral Ratings: 15 Sell Ratings: 6
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 115.00 Median: 160.92 Highest: 197.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Extra Space Storage Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 05/20/24 | Barclays Capital | Maintained Buy | $158 | gut | ||
| 04/05/24 | Wells Fargo & Co | Maintained Buy | $160 | gut | ||
| 03/28/24 | Raymond James Financial, Inc. | Downgraded to Buy | $160 | gut | ||
| 03/27/24 | Barclays Capital | Maintained Buy | $157 | gut | ||
| 03/07/24 | Jefferies & Company Inc. | Maintained Hold | $158 | neutral | ||
| 03/04/24 | Wells Fargo & Co | Maintained Buy | $150 | gut | ||
| 01/30/24 | Deutsche Bank | Maintained Hold | $141 | neutral | ||
| 01/11/24 | Goldman Sachs | Maintained Buy | $187 | gut | ||
| 12/21/23 | Goldman Sachs | Maintained Buy | $168 | gut | ||
| 12/21/23 | Morgan Stanley | Upgraded to Hold | $150 | neutral | ||
| 12/12/23 | Wells Fargo & Co | Upgraded to Buy | $155 | gut | ||
| 11/08/23 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $165 | gut | ||
| 10/30/23 | Bank of America Merrill Lynch | Downgraded to Hold | $119 | neutral | ||
| 10/24/23 | Raymond James Financial, Inc. | Maintained Buy | $145 | sehr gut | ||
| 10/24/23 | Wells Fargo & Co | Maintained Sell | $115 | schlecht | ||
| 09/27/23 | Goldman Sachs | Maintained Buy | $153 | gut | ||
| 09/21/23 | Morgan Stanley | Maintained Sell | $115 | schlecht | ||
| 09/15/23 | Evercore | Maintained Hold | $145 | neutral | ||
| 09/13/23 | Citigroup Corp. | Maintained Hold | $135 | neutral | ||
| 08/31/23 | Raymond James Financial, Inc. | Maintained Buy | $165 | sehr gut | ||
| 06/12/23 | Evercore | Upgraded to Hold | $164 | neutral | ||
| 05/08/23 | Bank of America Merrill Lynch | Maintained Buy | $189 | gut | ||
| 04/04/23 | Raymond James Financial, Inc. | Upgraded to Buy | $185 | sehr gut | ||
| 03/20/23 | Raymond James Financial, Inc. | Maintained Buy | $185 | gut | ||
| 01/18/23 | Wolfe Research | Downgraded to Hold | neutral | |||
| 01/09/23 | Raymond James Financial, Inc. | Upgraded to Buy | $170 | gut | ||
| 12/16/22 | J.P. Morgan | Downgraded to Hold | $167 | neutral | ||
| 12/14/22 | Morgan Stanley | Maintained Sell | $145 | schlecht | ||
| 12/12/22 | Citigroup Corp. | Maintained Hold | $170 | neutral | ||
| 11/21/22 | Evercore | Downgraded to Sell | $150 | schlecht | ||
| 10/13/22 | Morgan Stanley | Maintained Sell | $153 | schlecht | ||
| 09/27/22 | Evercore | Maintained Hold | $188 | neutral | ||
| 09/19/22 | Evercore | Maintained Hold | $196 | neutral | ||
| 07/25/22 | UBS | Maintained Buy | $197 | gut | ||
| 06/30/22 | Jefferies & Company Inc. | Maintained Hold | $184 | neutral | ||
| 06/22/22 | J.P. Morgan | Upgraded to Buy | $193 | gut | ||
| 05/25/22 | Morgan Stanley | Maintained Sell | $156 | schlecht |
Extra Space Storage Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Revenue | 3,211 | 3,412 | 3,337 | 3,839 | 4,037 |
| Dividend | 6.57 | 6.83 | 7.02 | 6.99 | - |
| Dividend Yield (in %) | 4.47 % | 4.65 % | 4.78 % | 4.76 % | - |
| EPS | 4.19 | 4.62 | 4.79 | 5.25 | 5.69 |
| P/E Ratio | 35.06 | 31.82 | 30.69 | 28.00 | 25.83 |
| EBIT | 1,437 | 1,524 | 1,639 | - | - |
| EBITDA | 2,283 | 2,376 | 2,439 | 2,572 | - |
| Net Profit | 923 | 1,012 | 1,066 | 1,155 | 1,251 |
| Net Profit Adjusted | 932 | 1,031 | 1,113 | - | - |
| Pre-Tax Profit | 993 | 1,090 | 1,143 | 1,196 | 1,294 |
| Net Profit (Adjusted) | 1,006 | 1,136 | - | - | - |
| EPS (Non-GAAP) ex. SOE | 4.19 | 4.76 | - | - | - |
| EPS (GAAP) | 4.20 | 4.73 | 5.05 | - | - |
| Gross Income | 2,160 | 2,253 | 2,395 | 2,509 | 2,655 |
| Cash Flow from Investing | -372 | -617 | - | - | - |
| Cash Flow from Operations | 1,462 | 1,847 | - | - | - |
| Cash Flow from Financing | -1,238 | -1,200 | - | - | - |
| Cash Flow per Share | 7.22 | 8.21 | 8.49 | - | - |
| Free Cash Flow | 1,791 | 2,130 | - | - | - |
| Free Cash Flow per Share | - | - | - | - | - |
| Book Value per Share | 62.81 | 61.13 | 58.92 | - | - |
| Net Debt | 10,813 | 10,868 | 10,787 | 11,909 | 12,077 |
| Research & Development Exp. | - | - | - | - | - |
| Capital Expenditure | 88 | 75 | 0 | - | - |
| Selling, General & Admin. Exp. | 180 | 187 | - | - | - |
| Shareholder’s Equity | 14,378 | 13,825 | 13,485 | - | - |
| Total Assets | 27,413 | 27,237 | 26,915 | - | - |
| Previous Quarter ending 03/31/24 | Current Quarter | Next Quarter | Current Year ending 12/31/24 | Next Year ending 12/31/25 | |
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 8 | 7 | 7 | 7 | 7 |
| Average Estimate | 0.990 USD | 1.050 USD | 1.085 USD | 4.192 USD | 4.619 USD |
| Year Ago | 1.460 USD | 1.500 USD | 0.960 USD | 4.740 USD | 4.192 USD |
| Publish Date | 4/30/2024 | 7/31/2024 | 10/23/2024 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 7 | - | - | 8 | 7 |
| Average Estimate | 793 USD | - | - | 3,211 USD | 3,412 USD |
| Year Ago | 503 USD | - | - | 2,560 USD | 3,211 USD |
| Publish Date | 4/30/2024 | - | - | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Sales | 1,144 | 1,197 | 1,308 | 1,356 | 1,577 | 1,924 | 2,560 |
| Change of sales in % | 15.38 | 4.56 | 9.35 | 3.65 | 16.31 | 21.99 | 33.06 |
| Gross profit on sales | 641 | 644 | 694 | 718 | 908 | 1,167 | 1,383 |
| Gross profit on sales change in % | 20.70 | 0.57 | 7.66 | 3.51 | 26.42 | 28.53 | 18.54 |
| Operating income | 562 | 563 | 604 | 622 | 806 | 1,038 | 1,237 |
| Operating income change in % | 25.10 | 0.25 | 7.31 | 2.84 | 29.62 | 28.79 | 19.19 |
| Income before tax | 532 | 473 | 433 | 558 | 869 | 942 | 872 |
| Income before tax change in % | 20.92 | -11.17 | -8.29 | 28.71 | 55.73 | 8.46 | -7.44 |
| Income after tax | 492 | 415 | 419 | 481 | 797 | 859 | 802 |
| Income after tax change in % | 25.45 | -15.76 | 1.14 | 14.74 | 65.67 | 7.84 | -6.69 |
Balance Sheet
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Total liabilities | 4,731 | 5,063 | 5,611 | 6,460 | 6,689 | 8,089 | 12,042 |
| Total liabilities change in % | - | - | - | - | - | - | - |
| Equity | 2,724 | 2,785 | 2,922 | 2,936 | 3,786 | 4,078 | 15,414 |
| Equity change in % | 4.72 | 2.68 | 5.23 | 0.31 | 22.32 | 4.59 | 341.49 |
| Balance sheet total | 7,455 | 7,848 | 8,532 | 9,396 | 10,474 | 12,167 | 27,456 |
| Balance sheet total change in % | 5.13 | 5.27 | 8.72 | 10.12 | 11.48 | 16.16 | 125.65 |
Key Data
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Sales per share | 8.53 | 8.99 | 9.59 | 10.47 | 11.27 | 13.58 | 15.13 |
| P/E ratio (year end quote, basic EPS) | 23.23 | 27.64 | 32.65 | 31.21 | 36.60 | 22.97 | 33.83 |
| P/E ratio (ear end quote, diluted EPS) | 23.23 | 27.64 | 32.65 | 31.21 | 36.60 | 22.97 | 33.83 |
| P/E ratio (year end quote) | 23.23 | 27.64 | 32.65 | 31.21 | 36.60 | 22.97 | 33.83 |
| Dividend yield in % | 3.57 | 3.71 | 3.37 | 3.11 | 1.98 | 4.08 | 4.04 |
| Equity ratio in % | 31.53 | 30.76 | 29.77 | 27.12 | 29.75 | 26.79 | 52.41 |
| Debt ratio in % | 63.46 | 64.51 | 65.76 | 68.75 | 63.86 | 66.48 | 43.86 |
Extra Space Storage Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Springer William N | 03/13/2024 | 100.00 | 14,058.00 | n/a | Sell | No |
| McNeal Gwyn Goodson | 03/07/2024 | 1,350.00 | 35,678.00 | 150.00 | Sell | No |
| McNeal Gwyn Goodson | 03/06/2024 | 1,350.00 | 37,028.00 | 145.00 | Sell | No |
| Sondhi Samrat | 03/03/2024 | 2,048.00 | 94,126.00 | 146.46 | Sell | No |
| Sondhi Samrat | 03/03/2024 | 2,625.00 | 96,174.00 | 85.99 | Buy | No |
| Stubbs P Scott | 02/29/2024 | 284.00 | 164,805.00 | 143.36 | Sell | No |
| Stubbs P Scott | 02/29/2024 | 240.00 | 165,089.00 | 143.36 | Sell | No |
| Sondhi Samrat | 02/29/2024 | 357.00 | 93,549.00 | 143.36 | Sell | No |
| Sondhi Samrat | 02/29/2024 | 208.00 | 93,906.00 | 143.36 | Sell | No |
| McNeal Gwyn Goodson | 02/29/2024 | 222.00 | 38,378.00 | 143.36 | Sell | No |
| McNeal Gwyn Goodson | 02/29/2024 | 274.00 | 38,600.00 | 143.36 | Sell | No |
| Stubbs P Scott | 02/29/2024 | 7,626.00 | 160,969.00 | 143.36 | Buy | No |
| Stubbs P Scott | 02/29/2024 | 4,360.00 | 165,329.00 | 143.36 | Buy | No |
| Sondhi Samrat | 02/29/2024 | 5,197.00 | 89,998.00 | 143.36 | Buy | No |
| Sondhi Samrat | 02/29/2024 | 4,116.00 | 94,114.00 | 143.36 | Buy | No |
| McNeal Gwyn Goodson | 02/29/2024 | 2,704.00 | 38,874.00 | 143.36 | Buy | No |
| McNeal Gwyn Goodson | 02/29/2024 | 4,596.00 | 36,170.00 | 143.36 | Buy | No |
| Stubbs P Scott | 02/15/2024 | 282.00 | 153,343.00 | 141.57 | Sell | No |
| Springer William N | 02/15/2024 | 63.00 | 8,750.00 | 141.57 | Sell | No |
| Sondhi Samrat | 02/15/2024 | 258.00 | 84,801.00 | 141.57 | Sell | No |
| Dickens Zachary T | 02/11/2024 | 77.00 | 14,309.00 | 142.02 | Sell | No |
| Stubbs P Scott | 02/11/2024 | 329.00 | 153,625.00 | 142.02 | Sell | No |
| Sondhi Samrat | 02/11/2024 | 301.00 | 85,059.00 | 142.02 | Sell | No |
| Springer William N | 02/11/2024 | 51.00 | 8,813.00 | 142.02 | Sell | No |
| Margolis Joseph D | 02/11/2024 | 1,267.00 | 25,834.00 | 142.02 | Sell | No |
Extra Space Storage Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2023 | Extra Space Storage Inc. | 6.48 | 4.04 | USD |
| 2022 | Extra Space Storage Inc. | 6.00 | 4.08 | USD |
| 2021 | Extra Space Storage Inc. | 4.50 | 1.98 | USD |
| 2020 | Extra Space Storage Inc. | 3.60 | 3.11 | USD |
| 2019 | Extra Space Storage Inc. | 3.56 | 3.37 | USD |
| 2018 | Extra Space Storage Inc. | 3.36 | 3.71 | USD |
| 2017 | Extra Space Storage Inc. | 3.12 | 3.57 | USD |
| 2016 | Extra Space Storage Inc. | 2.93 | 3.79 | USD |
| 2015 | Extra Space Storage Inc. | 2.24 | 2.54 | USD |
| 2014 | Extra Space Storage Inc. | 1.81 | 3.09 | USD |
| 2013 | Extra Space Storage Inc. | 1.45 | 3.44 | USD |
| 2012 | Extra Space Storage Inc. | 0.80 | 2.20 | USD |
| 2011 | Extra Space Storage Inc. | 0.56 | 2.31 | USD |
| 2010 | Extra Space Storage Inc. | 0.40 | 2.30 | USD |
| 2009 | Extra Space Storage Inc. | 0.38 | 3.29 | USD |
*Yield of the Respective Date
Extra Space Storage Inc. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Annual General Meeting | - | Annual General Meeting | 05/23/2024 |
| Earnings Report | 1.050 USD | Q2 2024 Earnings Release | 07/31/2024 |
| Earnings Report | 1.085 USD | Q3 2024 Earnings Release | 10/23/2024 |
| Earnings Report | - | Q4 2024 Earnings Release | 02/19/2025 |
| Earnings Report | - | Q1 2025 Earnings Release | 05/06/2025 |
Extra Space Storage Inc. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Press Conference | - | - | 05/01/2024 |
| Earnings Report | 1.010 USD | Q1 2024 Earnings Release | 04/30/2024 |
| Press Conference | - | - | 02/28/2024 |
| Earnings Report | 1.020 USD | Q4 2023 Earnings Release | 02/27/2024 |
| Press Conference | - | - | 11/08/2023 |
| Press Conference | - | - | 08/04/2023 |
Extra Space Storage Profile
Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rental operations of wholly-owned stores. The Tenant Reinsurance segment includes reinsurance of risks relating to the loss of goods stored by tenants in stores. The company was founded by Kenneth Musser Woolley on April 30, 2004, and is headquartered in Salt Lake City, UT.
Moody’s Daily Credit Risk Score
Risk
- Low
- Medium
- High
4
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’sbalance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of creditrisk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes intoaccount day-to-day movements in market value compared to a company’s liability structure.
Extra Space Storage Shareholder
| Owner | in % |
|---|---|
| Freefloat | 98.64 |
| The Vanguard Group, Inc. | 15.84 |
| Vanguard Group, Inc. (Subfiler) | 15.42 |
| Capital Research & Management Co. (World Investors) | 9.32 |
| Capital Research & Management Co. (World Investors) | 7.67 |
| SSgA Funds Management, Inc. | 6.58 |
| State Street Corp. | 6.35 |
| Cohen & Steers Capital Management, Inc. | 5.06 |
| Cohen & Steers Capital Management, Inc. | 4.98 |
| Vanguard Real Estate Index Fund | 4.08 |
| BlackRock Fund Advisors | 3.73 |
| BlackRock Institutional Trust Co. NA | 3.29 |
| Principal Global Investors LLC | 3.29 |
| Vanguard Total Stock Market ETF | 3.15 |
| Norges Bank (13F) | 3.02 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Extra Space Storage Management
| Name | Job |
|---|---|
| Joseph D. Margolis | Chief Executive Officer & Director |
| P. Scott Stubbs | Chief Financial Officer & Executive Vice President |
| Zachary Dickens | Chief Investment Officer & Executive VP |
| Samrat Sondhi | Chief Marketing Officer |
| Matthew Herrington | Chief Operating Officer & Executive Vice President |
| Noah Springer | Chief Strategy Officer & Executive Vice President |
| Jennifer Blouin | Independent Director |
| Susan S. Harnett | Independent Director |
| Joseph J. Bonner | Independent Director |
| Gary Lewis Crittenden | Independent Director |
| Diane Olmstead | Independent Director |
| Julia Vander Ploeg | Independent Director |
| Spencer F. Kirk | Independent Director |
| Jefferson Shreve | Independent Director |
| Mark G. Barberio | Independent Director |
| Joseph V. Saffire | Independent Director |
| Roger B. Porter | Lead Independent Director |
| Kenneth Musser Woolley | Non-Executive Chairman |
| Gwyn G. McNeal | Secretary, Chief Legal Officer & Executive VP |
| Grace Kunde | Senior Vice President-Accounting & Finance |
| Jeffrey Norman | Vice President-IR & Corporate Communications |
