Group 1: Market Overview - The commercial real estate sector is poised for recovery as interest rates decline, shifting from a headwind to a tailwind for REITs [1][8] - The Federal Reserve has begun cutting rates, which is expected to positively impact the REIT sector [1] Group 2: Realty Income - Realty Income has a strong track record, increasing its dividend every year for three decades, with a current yield of nearly 5% [2][3] - The REIT anticipates a 4% to 5% annual growth in adjusted funds from operations (FFO), supporting similar growth in dividends [3] - Realty Income could generate a double-digit annual total return as its stock price recovers [3] Group 3: W. P. Carey - W. P. Carey has a history of annual dividend growth but reset its dividend after exiting the office sector, currently yielding nearly 6% [4][5] - The REIT is focusing on industrial properties for better long-term growth and has begun rebuilding its portfolio [5] - As cash flow increases, W. P. Carey is expected to continue raising its high-yielding dividend [5] Group 4: Extra Space Storage - Extra Space Storage is a leading self-storage REIT with over 300% total returns over the past decade, driven by steady demand and a strong management platform [6][7] - The REIT pays a nearly 4% growing dividend, with expectations for continued rental income growth [7] - With shares down more than 25% from their peak, Extra Space is well-positioned for significant returns as the sector recovers [7]

Shares of Extra Space Storage (EXR) have risen 10.5% year to date, outperforming the industry's growth of 9%. Extra Space Storage is well-poised to gain from its high brand value, geographically diversified portfolio and presence in key cities in the United States. The self-storage industry's need-based and recession-resilient nature shields it from market volatility and assures stable revenues. Extra Space Storage's focus on accretive buyouts, mutually beneficial joint venture partnerships and third-party ...

SALT LAKE CITY, Sept. 24, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended Sept 30, 2024 on Tuesday, October 29, 2024 after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss its financial results. Hosting the call will be Extra Space Storage's CEO, Joe Margolis. Joining him will be Scott Stubbs, Executive Vice President an ...

Group 1: Market Overview - Self-storage REITs are gaining popularity among investors for stable and consistent returns [1] - The SSA Fall Conference suggests that the operating environment may be bottoming and capital market headwinds could soon subside [1] Group 2: Analyst Ratings and Expectations - Todd Thomas downgraded National Storage Affiliates Trust (NSA) from Overweight to Sector Weight, while maintaining an Overweight rating on Extra Space Storage Inc (EXR) and raising its price target to $178 [2] - Demand for self-storage remains under pressure, with move-in rents lower than last year, leading to anxiety across the industry due to aggressive ECRI strategies [2][3] - National Storage Affiliates Trust's portfolio is expected to lag behind peers as the demand environment is weaker than anticipated [3] Group 3: Industry Developments - Extra Space Storage plans to collapse the Life Storage brand after 11 months of testing, indicating potential changes in brand strategy [4] - There are several small and midsize portfolios entering the market, which could lead to increased acquisition activity in the coming months [4] - At the time of publication, shares of Extra Space Storage rose by 1.56% to $176.29, while Nucor's shares remained flat at $46.47 [4]

SeventyFour/iStock via Getty Images Introduction I doubt I'm breaking any news when I say I really like self-storage. Although one could make the case that it doesn't make sense from a diversification point of view, the two REITs in my 22-stock dividend growth portfolio are both selfstorage REITs. Initially, I bought Public Storage (PSA). I then added Extra Space Storage (NYSE:EXR), which has been a REIT I have admired for many years, before finally getting serious about dividend (growth) investing. While I ...

Shares of Extra Space Storage (EXR) have rallied 21.8% in the past three months, outperforming the industry's growth of 16.2%. EXR is the largest operator of self-storage properties in the United States. This real estate investment trust (REIT) continues to benefit from its high brand value and strong presence in major cities in the United States. Late in July, Extra Space Storage reported second-quarter 2024 core funds from operations (FFO) per share of $2.06, which beat the Zacks Consensus Estimate of $2. ...

SALT LAKE CITY, Aug. 19, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2024, to stockholders of record at the close of business on September 16, 2024. About Extra Space Storage Inc. Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and selfm ...

SALT LAKE CITY, Aug. 7, 2024 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $400 million aggregate principal amount of 5.350% senior notes due 2035 (the "Notes"). The Notes were priced at 99.973% of the principal amount and will mature on January 15 ...

Extra Space Storage Inc. (EXR) reported second-quarter 2024 core funds from operations (FFO) per share of $2.06, which beat the Zacks Consensus Estimate of $2.00. The figure also remained flat year over year. The results reflect a rise in occupancy and better-than-anticipated revenues. However, higher same-store operating expenses and increased interest expenses during the quarter were a spoilsport. Quarterly revenues of $810.7 million beat the Zacks Consensus Estimate of $796.1 million. The top line jumped ...

nirat/iStock via Getty Images EXR is a national wide storage operator in US, that The asset portfolio is also very diversified. The merge of Life storage helps boost its coverage as shown below: EXR Diversification from LinkedIn post ? Notice that the institutional ownership is 98.71%, so mostly owned by the funds, index ETFs, etc. Many of them have very impressive quality ratings by moningstr.com as shown below: EXR Q2 Report shows solid financial results. | When I am looking at REITs, I pay a special atte ...