EXR RSI Chart
Last 7 days
1.5%
Last 30 days
-0.1%
Last 90 days
-9.7%
Trailing 12 Months
-8.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.0B | 2.0B | 2.3B | 2.6B |
2022 | 1.7B | 1.8B | 1.8B | 1.9B |
2021 | 1.4B | 1.4B | 1.5B | 1.6B |
2020 | 1.3B | 1.3B | 1.3B | 1.4B |
2019 | 1.2B | 1.2B | 1.3B | 1.3B |
2018 | 1.1B | 1.1B | 1.2B | 1.2B |
2017 | 1.0B | 1.1B | 1.1B | 1.1B |
2016 | 838.5M | 896.9M | 956.6M | 991.9M |
2015 | 667.7M | 692.9M | 721.3M | 782.3M |
2014 | 553.9M | 588.4M | 624.3M | 647.2M |
2013 | 437.7M | 469.0M | 492.3M | 520.6M |
2012 | 346.3M | 363.2M | 388.9M | 409.4M |
2011 | 288.4M | 297.7M | 309.8M | 329.8M |
2010 | 278.5M | 278.2M | 279.1M | 281.5M |
2009 | 0 | 275.2M | 277.7M | 280.1M |
2008 | 0 | 0 | 0 | 272.7M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | springer william n | gifted | - | - | -100 | evp, chief s & p officer |
Mar 08, 2024 | mcneal gwyn goodson | sold | -202,500 | 150 | -1,350 | evp/chief legal officer |
Mar 07, 2024 | mcneal gwyn goodson | sold | -195,750 | 145 | -1,350 | evp/chief legal officer |
Mar 04, 2024 | sondhi samrat | acquired | 225,724 | 85.99 | 2,625 | executive vp and cmo |
Mar 04, 2024 | herrington matthew t | sold | -19,119 | 142 | -134 | evp & coo |
Mar 04, 2024 | sondhi samrat | sold | -299,950 | 146 | -2,048 | executive vp and cmo |
Mar 01, 2024 | margolis joseph d | sold (taxes) | -337,326 | 143 | -2,353 | chief executive officer |
Mar 01, 2024 | springer william n | sold (taxes) | -65,945 | 143 | -460 | evp, chief s & p officer |
Mar 01, 2024 | mcneal gwyn goodson | sold (taxes) | -71,106 | 143 | -496 | evp/chief legal officer |
Mar 01, 2024 | margolis joseph d | acquired | 5,675,340 | 143 | 39,588 | chief executive officer |
Which funds bought or sold EXR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -4.15 | 13,436,100 | 64,333,500 | 0.05% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | added | 800,980 | 6,421,250 | 6,421,860 | 0.02% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -0.51 | 1,278,040,000 | 5,373,620,000 | 0.12% |
Mar 08, 2024 | TRUST CO OF VERMONT | new | - | 2,245 | 2,245 | -% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -23.03 | 105,225 | 7,128,540 | -% |
Mar 01, 2024 | Creekmur Asset Management LLC | new | - | 26,294 | 26,294 | 0.01% |
Mar 01, 2024 | ROYAL LONDON ASSET MANAGEMENT LTD | added | 4.27 | 3,579,780 | 13,145,500 | 0.04% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 101 | 425,075,000 | 681,942,000 | 0.06% |
Feb 28, 2024 | EP Wealth Advisors, LLC | reduced | -18.02 | 79,476 | 1,060,260 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -2.23 | 1,992,860 | 8,879,880 | 0.04% |
Unveiling Extra Space Storage Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Peers (Alternatives to Extra Space Storage Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 92.0B | 11.1B | 67.33 | 8.26 | ||||
CCI | 45.8B | 7.0B | 30.53 | 6.57 | ||||
AVB | 26.1B | 2.8B | 28.1 | 9.43 | ||||
ARE | 21.9B | 2.9B | 211.79 | 7.61 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 11.1B | 1.3B | 30.46 | 8.4 | ||||
BXP | 9.9B | 3.3B | 52.15 | 3.03 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.1B | 35.55 | 7.44 | ||||
MAC | 3.7B | 884.1M | -13.45 | 4.17 | ||||
SLG | 3.5B | 899.4M | -6.17 | 3.87 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.37 | 2.99 | ||||
AIV | 1.2B | 198.2M | -7.47 | 5.93 | ||||
MFA | 1.1B | 605.6M | 14.31 | 1.89 | ||||
NYMT | 650.5M | 258.7M | -13.37 | 2.51 | ||||
IVR | 461.8M | 277.9M | -29.12 | 1.66 |
Extra Space Storage Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 6.6% | 798 | 748 | 511 | 503 | 507 | 499 | 475 | 444 | 427 | 412 | 379 | 359 | 353 | 343 | 327 | 332 | 336 | 338 | 324 | 312 | 307 |
Cost Of Revenue | 5.3% | 195 | 185 | 115 | 117 | 113 | 115 | 104 | 104 | 94.00 | 93.00 | 89.00 | 92.00 | 89.00 | 92.00 | 89.00 | 90.00 | 88.00 | 89.00 | 81.00 | 79.00 | 72.00 |
Costs and Expenses | 3.6% | 464 | 448 | 238 | 240 | 237 | 229 | 214 | 208 | 192 | 186 | 182 | 182 | 176 | 180 | 177 | 175 | 171 | 175 | 166 | 163 | 151 |
S&GA Expenses | 5.3% | 39.00 | 37.00 | 35.00 | 35.00 | 36.00 | 32.00 | 31.00 | 30.00 | 28.00 | 24.00 | 26.00 | 24.00 | 24.00 | 24.00 | 25.00 | 23.00 | 21.00 | 23.00 | 23.00 | 23.00 | 18.00 |
EBITDA Margin | 0.0% | 0.65* | 0.65* | 0.71* | 0.72* | 0.72* | 0.76* | 0.77* | 0.76* | 0.79* | 0.75* | 0.73* | 0.72* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 129.4% | 131 | 57.00 | 72.00 | 79.00 | 59.00 | 55.00 | 39.00 | 43.00 | 35.00 | 41.00 | 31.00 | 45.00 | 40.00 | 38.00 | 41.00 | 41.00 | 36.00 | 47.00 | 47.00 | 45.00 | 29.00 |
Income Taxes | -37.8% | 4.00 | 7.00 | 6.00 | 4.00 | 5.00 | 7.00 | 6.00 | 3.00 | 4.00 | 7.00 | 5.00 | 4.00 | 4.00 | 5.00 | 3.00 | 2.00 | 3.00 | 4.00 | 3.00 | 2.00 | 3.00 |
Earnings Before Taxes | 13.0% | 215 | 191 | 208 | 203 | 214 | 232 | 243 | 212 | 279 | 198 | 169 | 213 | 163 | 123 | 109 | 113 | 120 | 117 | 112 | 101 | 109 |
EBT Margin | -11.2% | 0.32* | 0.36* | 0.42* | 0.45* | 0.47* | 0.52* | 0.53* | 0.52* | 0.54* | 0.49* | 0.47* | 0.44* | - | - | - | - | - | - | - | - | - |
Net Income | 14.8% | 216 | 188 | 202 | 196 | 204 | 221 | 232 | 204 | 257 | 188 | 179 | 216 | 148 | 115 | 111 | 116 | 112 | 108 | 113 | 102 | 101 |
Net Income Margin | -10.0% | 0.31* | 0.35* | 0.41* | 0.43* | 0.45* | 0.50* | 0.50* | 0.50* | 0.53* | 0.49* | 0.46* | 0.43* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -10.8% | 365 | 408 | 348 | 282 | 290 | 308 | 353 | 287 | 223 | 266 | 260 | 204 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.6% | 27,456 | 27,626 | 12,365 | 12,133 | 12,167 | 11,841 | 11,039 | 10,592 | 10,474 | 9,708 | 9,463 | 9,337 | 9,396 | 8,761 | 8,530 | 8,549 | 8,532 | 8,318 | 8,391 | 8,133 | 7,848 |
Cash Equivalents | -54.2% | 99.00 | 216 | 51.00 | 48.00 | 93.00 | 87.00 | 59.00 | 66.00 | 71.00 | 81.00 | 60.00 | 63.00 | 109 | 81.00 | 62.00 | 98.00 | 66.00 | 67.00 | 56.00 | 47.00 | 73.00 |
Liabilities | -0.1% | 12,042 | 12,059 | 8,330 | 8,100 | 8,089 | 7,771 | 7,146 | 6,714 | 6,689 | 6,325 | 6,102 | 6,022 | 6,460 | 5,993 | 5,784 | 5,775 | 5,611 | 5,410 | 5,562 | 5,359 | 5,063 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 575 | 573 | 571 | 570 | 568 | 566 | 564 | 562 |
Shareholder's Equity | -1.0% | 14,391 | 14,537 | 4,035 | 4,033 | 3,260 | 4,069 | 3,893 | 3,878 | 3,786 | 3,383 | 3,361 | 3,315 | 2,936 | 2,768 | 2,746 | 2,775 | 2,922 | 2,908 | 2,829 | 2,774 | 2,785 |
Retained Earnings | -49.9% | -379 | -252 | -175 | -159 | -135 | -139 | -159 | -127 | -128 | -229 | -250 | -284 | -354 | -392 | -391 | -362 | -301 | -296 | -288 | -277 | -262 |
Additional Paid-In Capital | 0.1% | 14,750 | 14,743 | 3,383 | 3,376 | 3,345 | 3,340 | 3,334 | 3,330 | 3,286 | 3,284 | 3,289 | 3,282 | 3,000 | 2,890 | 2,885 | 2,873 | 2,869 | 2,862 | 2,757 | 2,649 | 2,641 |
Shares Outstanding | 0.0% | 211 | 211 | 135 | 135 | 134 | 134 | 134 | 134 | 133 | 133 | 134 | 132 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 19,344 | - | - | - | 22,431 | - | - | - | 21,459 | - | - | - | 11,638 | - | - | - | 13,215 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -10.8% | 364,515 | 408,432 | 347,878 | 281,649 | 290,118 | 307,634 | 352,922 | 287,465 | 223,168 | 265,580 | 259,808 | 203,880 | 187,965 | 191,194 | 202,817 | 189,256 | 163,220 | 181,059 | 194,068 | 169,339 | 148,768 |
Share Based Compensation | 3.0% | 7,205 | 6,994 | 6,940 | 5,499 | 5,955 | 5,644 | 5,245 | 4,542 | 4,656 | 4,012 | 4,983 | 3,652 | 4,965 | 3,452 | 4,884 | 2,980 | 3,064 | 3,035 | 3,998 | 2,954 | 2,721 |
Cashflow From Investing | 85.7% | -182,204 | -1,278,466 | -271,247 | -86,339 | -406,205 | -672,226 | -448,656 | -121,372 | -419,748 | -272,490 | -187,897 | 42,595 | -591,582 | -251,977 | -51,295 | -60,573 | -265,253 | 84,052 | -193,454 | -246,975 | -126,869 |
Cashflow From Financing | -128.9% | -300,349 | 1,040,242 | -74,160 | -242,603 | 119,468 | 388,780 | 93,234 | -169,621 | 191,493 | 28,442 | -74,957 | -311,689 | 451,052 | 79,606 | -187,701 | -101,486 | 106,051 | -254,040 | 8,202 | 51,774 | -15,792 |
Dividend Payments | 29.0% | 342,272 | 265,286 | 218,795 | 219,988 | 200,882 | 200,878 | 201,024 | 202,527 | 167,403 | 167,274 | 133,777 | 132,540 | 118,065 | 116,185 | 116,318 | 117,197 | 116,579 | 116,440 | 115,572 | 109,523 | 109,299 |
Buy Backs | - | - | - | - | - | - | - | 63,008 | - | - | - | - | - | - | 54.00 | 15,615 | 52,204 | - | - | - | - | -31,251 |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Property rental | $ 2,222,578 | $ 1,654,735 | $ 1,340,990 |
Tenant reinsurance | 235,680 | 185,531 | 170,108 |
Management fees and other income | 101,986 | 83,904 | 66,264 |
Total revenues | 2,560,244 | 1,924,170 | 1,577,362 |
Expenses: | |||
Property operations | 612,036 | 435,342 | 368,608 |
Tenant reinsurance | 58,874 | 33,560 | 29,488 |
Transaction costs | 0 | 1,548 | 0 |
Life Storage Merger transition costs | 66,732 | 0 | 0 |
General and administrative | 146,408 | 129,251 | 102,194 |
Depreciation and amortization | 506,053 | 288,316 | 241,879 |
Total expenses | 1,390,103 | 888,017 | 742,169 |
Gain on real estate transactions | 0 | 14,249 | 140,760 |
Income from operations | 1,170,141 | 1,050,402 | 975,953 |
Interest expense | (419,035) | (219,171) | (166,183) |
Non-cash interest expense related to amortization of discount on Life Storage unsecured senior notes | (18,786) | 0 | 0 |
Interest income | 84,857 | 69,422 | 49,703 |
Income before equity in earnings and dividend income from unconsolidated real estate entities and income tax expense | 817,177 | 900,653 | 859,473 |
Equity in earnings and dividend income from unconsolidated real estate entities | 54,835 | 41,428 | 32,358 |
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets | 0 | 0 | 6,251 |
Income tax expense | (21,559) | (20,925) | (20,324) |
Net income | 850,453 | 921,156 | 877,758 |
Net income allocated to Preferred Operating Partnership noncontrolling interests | (9,011) | (17,623) | (14,697) |
Net income allocated to Operating Partnership and other noncontrolling interests | (38,244) | (42,845) | (35,412) |
Net income attributable to common stockholders | $ 803,198 | $ 860,688 | $ 827,649 |
Earnings per common share | |||
Basic (in dollars per share) | $ 4.74 | $ 6.41 | $ 6.20 |
Diluted (in dollars per share) | $ 4.74 | $ 6.41 | $ 6.19 |
Weighted average number of shares | |||
Basic (in shares) | 169,216,989 | 134,050,815 | 133,374,938 |
Diluted (in shares) | 169,220,882 | 141,681,388 | 140,016,028 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets: | ||
Real estate assets, net | $ 24,555,873 | $ 9,997,978 |
Real estate assets - operating lease right-of-use assets | 227,241 | 221,725 |
Investments in unconsolidated real estate entities | 1,071,617 | 582,412 |
Investments in debt securities and notes receivable | 904,769 | 858,049 |
Cash and cash equivalents | 99,062 | 92,868 |
Other assets, net | 597,700 | 414,426 |
Total assets | 27,456,262 | 12,167,458 |
Liabilities, Noncontrolling Interests and Equity: | ||
Notes payable, net | 1,273,549 | 1,288,555 |
Unsecured term loans, net | 2,650,581 | 2,340,116 |
Unsecured senior notes, net | 6,410,618 | 2,757,791 |
Revolving lines of credit | 682,000 | 945,000 |
Operating lease liabilities | 236,515 | 229,035 |
Cash distributions in unconsolidated real estate ventures | 71,069 | 67,352 |
Accounts payable and accrued expenses | 334,518 | 171,680 |
Other liabilities | 383,463 | 289,655 |
Total liabilities | 12,042,313 | 8,089,184 |
Commitments and contingencies | ||
Extra Space Storage Inc. stockholders' equity: | ||
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding | 0 | 0 |
Common stock, $0.01 par value, 500,000,000 shares authorized, 211,278,803 and 133,921,020 shares issued and outstanding at December 31, 2023 and 2022, respectively | 2,113 | 1,339 |
Additional paid-in capital | 14,750,388 | 3,345,332 |
Accumulated other comprehensive income | 17,435 | 48,798 |
Accumulated deficit | (379,015) | (135,872) |
Total Extra Space Storage Inc. stockholders' equity | 14,390,921 | 3,259,597 |
Noncontrolling interest represented by Preferred Operating Partnership units, net | 222,360 | 261,502 |
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests | 800,668 | 557,175 |
Total noncontrolling interests and equity | 15,413,949 | 4,078,274 |
Total liabilities, noncontrolling interests and equity | $ 27,456,262 | $ 12,167,458 |