MARKET COMPOSITE
EXR - Extra Space Storage Inc.2:16:51 PM 3/28/2024
Price
$147.83
+ 1.08 (0.74%)
Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units. As of December 31, 2019, the company owned and/or operated 1,817 locations in 40 states, Washington, D.C. and Puerto Rico, comprising approximately 140 million square feet of net rentable space in 1.3 million storage units. It is the 2nd largest owner of self storage units in the United States and the largest self storage property manager. The company has solar installations at many of its properties and was listed on the "Top 25 Corporate Users by Number of Solar Installations" by the Solar Energy Industries Association.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue30.4MM+8%
Gross Profit-164.7MM-
Cost Of Revenue195MM+5%
Operating Income333.5MM+11%
Operating Expenses-498.1MM-
Net Income216.1MM+15%
G&A39.4MM+5%
Interest Expense129.7MM+6%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Extra Space Storage (EXR) is poised to benefit from the high brand value, accretive buyouts and a healthy balance sheet. However, lower new customer rates and high interest rates are concerns.

    Extra Space Storage Inc (NYSE:EXR), a leading operator of self-storage facilities, has experienced an insider transaction according to recent SEC filings.

    There are some top REITs to buy for March. I think that the best has yet to come for these companies and investors who are seeking substantial dividend and income growth potential. Many of these companies have been hammered by high interest rates. However, falling interest rates this year will lighten their load. Investors could flock to them in pursuit of yield. What’s better is these top REITs to buy also trade at very attractive valuations for the same reasons. These companies are still cheap

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    Exploring real estate investment trusts (REITs) like CubeSmart, Public Storage, and Extra Space Storage offers a clear view into how these entities are adapting to meet the evolving expectations of today’s market, especially the Gen Z demographic. This segment of consumers is distinct in its prioritization of technology and sustainability, two factors these REITs are focusing on in their operational strategies. Don't Miss: Investing in real estate just got a whole lot simpler. This Dara Khosrows

    Insightful Analysis of Extra Space Storage Inc's Financial Health and Strategic Position

    Extra Space Storage Inc. (NYSE:EXR) Q4 2023 Earnings Call Transcript February 28, 2024 Extra Space Storage Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing by. Welcome to the Extra Space Storage Fourth […]

    Q4 2023 Extra Space Storage Inc Earnings Call

    Extra Space Storage's (EXR) Q4 results reflect solid top-line growth. However, higher interest expenses act as a spoilsport. It also provides lower-than-expected view for 2024 core FFO.

    The headline numbers for Extra Space Storage (EXR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.