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Extra Space Storage Inc. Stock AnalysisComprehensive stock analysis for Extra Space Storage Inc. (EXR) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisEXR
EXR
Extra Space Storage Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
EXR
Home🔹Stocks🔹Extra Space Storage Inc.

Extra Space Storage Inc.

🇺🇸EXR•NYSE

Extra Space Storage Inc.

🇺🇸EXR•NYSE
Market cap
$29.08B
Sentiment

Your view on EXR

Mkt Cap
$29.08B
Sentiment
Your view
EXR
Extra Space Storage Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
EXR
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Extra Space Storage Inc.

Industry
REIT - Industrial
Sector
Real Estate
CEO
Joseph Daniel Margolis
Headquarters
2795 East Cottonwood Parkway, Salt Lake City, UT, US
Industry
REIT - Industrial
Sector
Real Estate
CEO
Joseph Daniel Margolis
Headquarters
2795 East Cottonwood Parkway, Salt Lake City, UT, US
Description

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, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.

4 million units and approximately 147.5 million square feet of rentable space. 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.

The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Extra Space Storage Inc., and the rating behind it. EXR last traded at $137.64, 30.5× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Extra Space Storage Inc.. Starting points for Extra Space Storage Inc.: P/E 30.5, EPS $4.54, beta 1.18 — an REIT - Industrial name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Extra Space Storage Inc.. Extra Space Storage Inc. paid $6.48 per share over the last year — a 4.7% yield at the current $137.64 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Extra Space Storage Inc.. Trailing twelve-month EPS for Extra Space Storage Inc. stands at $4.54. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Extra Space Storage Inc.. Extra Space Storage Inc. has reported as a listed company since 2004. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Extra Space Storage Inc. valued side by side against its closest peers. Extra Space Storage Inc. is measured against REIT - Industrial peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Extra Space Storage Inc., and how their positions are changing. At a $29.08B market value, institutional positions materially move Extra Space Storage Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Extra Space Storage Inc. executives and directors. Shares of Extra Space Storage Inc. have traded between $121.03 and $175.58 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Extra Space Storage Inc.. Extra Space Storage Inc. is a $29.08B Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Extra Space Storage Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Extra Space Storage Inc.. Coverage tracks Extra Space Storage Inc. within REIT - Industrial (Real Estate). Press releases and market coverage, newest first.

Peer companies

  • CSGP — CoStar Group, Inc.
  • CUBE — CubeSmart
  • INVH — Invitation Homes Inc.
  • IRM — Iron Mountain Incorporated
  • PSA — Public Storage
  • REXR — Rexford Industrial Realty, Inc.

More REIT - Industrial companies

  • SEGXF — SEGRO Plc
  • SFSHF — Safestore Holdings plc
  • SMA — Smartstop Self Storage REIT Inc
  • STAG — STAG Industrial, Inc.
  • TPTS — Terra Property Trust, Inc.
  • TRNO — Terreno Realty Corporation
  • TTBXF — Tritax Big Box REIT plc
  • WDPSF — Warehouses De Pauw
  • BWP.AX — BWP Trust
  • BYLOF — Big Yellow Group Plc
  • CBAOF — Fibra Terrafina
  • CGIUF — ESR-Logos REIT

ETFs holding Extra Space Storage Inc.

  • INDS — Pacer Industrial Real Estate ETF (14.22%)
  • REZ — iShares Residential and Multisector Real Estate ETF (5.29%)
  • NURE — Nuveen Short-Term REIT (4.92%)
  • HAUS — Residential REIT ETF (4.63%)
  • RNTY — YieldMax Target 12 Real Estate Option Income ETF (3.76%)
  • CSRE — Cohen & Steers Real Estate Active ETF (3.71%)
  • BYRE — Principal Real Estate Active Opportunities ETF (3.53%)
  • SRHR — SRH REIT Covered Call ETF (3.30%)

News

Latest Market News