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Extra Space Storage Inc EXR Stock Quote

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Last close prices updated as of Jan 27, 2023, 1:19 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 156.25
  • Sector Real Estate
  • Industry REIT - Industrial
  • Investment Style Mid Blend
  • Day Range 155.55  –  158.05
  • Year Range 139.97  –  222.36
  • Market Cap 21.1067 Bil
  • Volume / Avg 342,234.0 /  1.1 Mil
  • Price / Sales 11.97
  • Price / Book 6.44
  • Forward Div Yield 4.00%
  • Trailing Div Yield 3.81%

Morningstar‘s Stock Analysis EXR

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Economic Moat


Capital Allocation


Same Store NOI Growth Should Slow Down For Extra Space Storage in The Medium Term

Suryansh Sharma Equity Analyst

Business Strategy and Outlook

| Suryansh Sharma |

Extra Space Storage acquires, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease, for personal and business use. The company also has a lucrative insurance business and a strategically important third-party management business.

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Key Statistics EXR

Company Profile EXR

Business Description

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,100 self-storage properties in 41 states, with over 160 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.

2795 East Cottonwood Parkway, Suite 300
Salt Lake City, UT, 84121
Industry REIT - Industrial
Employees 4,309

Related Articles EXR

FAQs for Extra Space Storage Inc Stock

Yes. EXR has a forward dividend yield of 4.00%. See EXR’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

EXR’s market cap is 21.11 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

EXR’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

EXR’s price/sales is 11.97.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

EXR’s price/forward earnings is 23.81.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

EXR’s price/book is 6.44.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See EXR’s valuation ratios compared to the Market Index.

EXR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare EXR’s historical performance against its industry peers and the overall market.