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Extra Space Storage(EXR) - 2024 Q2 - Quarterly Results
2024-07-30 20:49
The following table (unaudited) outlines the Company's acquisitions and developments that are closed, completed or under agreement (dollars in thousands). Bridge Loans: Balance Sheet: Outlook: (1) A reconciliation of net income outlook to same-store net operating income outlook is provided later in this release entitled "Reconciliation of Estimated GAAP Net Income to Estimated Same-Store Net Operating Income." The reconciliation includes details related to same-store revenue and same-store expense outlooks. ...
Extra Space Storage Inc. Reports 2024 Second Quarter Results
Prnewswire· 2024-07-30 20:15
SALT LAKE CITY, July 30, 2024 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three and six months ended June 30, 2024. Highlights for the three months ended June 30, 2024: Achieved net income attributable to common stockholders of $0.88 per diluted share, representing a 41.3% decrease compared to the same period in the prior year primarily ...
What's in Store for Extra Space Storage (EXR) in Q2 Earnings?
ZACKS· 2024-07-26 18:25
Extra Space Storage (EXR) , a leading self-storage real estate investment trust (REIT) in the United States, is set to release its second-quarter 2024 results on Jul 30 after market close. The company has been steadily expanding its footprint and diversifying its operations. As the market anticipates the earnings announcement, this article provides an in-depth preview of EXR's expected performance in the second quarter, considering overall industry trends, the company's growth strategy and acquisitions. In ...
Extra Space Storage (EXR) Rises 13% in 3 Months: Here's How
ZACKS· 2024-07-12 16:01
Image Source: Zacks Investment Research The majority of its stores are close to large population centers. Apart from having an above-average population, these markets enjoy favorable income demographics for stores. Therefore, the company is well-poised for longterm growth with a geographically diversified portfolio and significant scale. We expect a year-over-year rise of 25.5% in the company's total revenues in 2024. In addition to the buyouts, the company is making strategic investments through other chan ...
Mid-Year Market Rally: 3 Stocks to Bet On for 2024's Second Half
Investor Place· 2024-07-09 19:51
As the stock market passes through mid-2024, it's vital to identify stocks for a market rally to capitalize on emerging growth trends. Here are three standout real estate investment trust (REIT) stocks. Each demonstrates high fundamentals that lead these companies to gain on the market rally in the second half of 2024. The first company on the list operates in self-storage facilities across the U.S. In a real estate market that is attached to variability, the company has constantly leveraged its sharp occup ...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2024 Results
Prnewswire· 2024-06-25 20:59
SALT LAKE CITY, June 25, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2024 on Tuesday, July 30, 2024 after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Wednesday, July 31, 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 and CFO. ...
Is it Wise to Retain Extra Space Storage (EXR) Stock for Now?
ZACKS· 2024-06-12 13:10
What's Aiding EXR? Extra Space Storage is the largest operator of self-storage properties in the United States. The company has significantly expanded its business in recent years, growing its branded store count from 1,029 in 2013 to 3,793 as of Mar 31, 2024, in 42 states and Washington, DC. EXR is focusing on growing its business and achieving geographical diversity through accretive acquisitions, mutually beneficial joint venture partnerships and third-party management services. In July 2023, it conclude ...
This 'Tipping Point' For REIT Investors May Surprise You
seekingalpha.com· 2024-05-28 11:00
Klaus Vedfelt In Malcolm Gladwell's book The Tipping Point, the New York Times best-selling author explains how social epidemics function like viruses, growing gradually until they reach a critical mass (the tipping point) and explode. In the book, Gladwell describes various types of "connectors" who are so-called specialists who know many people and can spread information widely. Gladwell also describes a "maven" as an information specialist who is always gathering and retaining information. They love shar ...
Extra Space Storage Inc. Announces 2nd Quarter 2024 Dividend
prnewswire.com· 2024-05-24 21:00
For more information, please visit www.extraspace.com. About Extra Space Storage Inc. SALT LAKE CITY, May 24, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on June 28, 2024, to stockholders of record at the close of business on June 14, 2024. Extra Space Storage Inc., headquartered in Salt Lake City, is a ...
Extra Space Storage(EXR) - 2024 Q1 - Quarterly Report
2024-05-03 20:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-32269 EXTRA SPACE STORAGE INC. (Exact name of registrant as specified in its charter) Maryland 20-1076777 (State or other jurisdiction of incorporation or organization) (I ...