Extra Space Storage (EXR) has been performing well in the stock market, recording a 13% rise in 3 months. Multiple financial institutions including
Bryant Woods Investment Advisors LLC and
Atria Wealth Solutions Inc. have increased their stake in the company. Recent 20-year celebration of the company being publicly traded and the completion of the
Life Storage merger are noteworthy achievements.
Scotiabank has raised the price target for Extra Space Storage. Despite high interest rates affecting their Q1, their
Q2 FFO bettered estimates, showing resilience amidst challenges. Extra Space Storage continues to distribute reliable
quarterly dividends. Offering
Senior Notes shows a healthy financial management strategy. However, there have been concerns about a decrease in demand and housing churn causing a drop in shares.
Decoding SWOT Insight and
Wall Street projections indicate potential for long-term investment. There's a confident outlook from the CEO underlining strong growth and strategic broad planning, despite certain
downgrades. Future performance might be affected by FFO guidance being below Wall Street estimates.
Extra Space Storage EXR News Analytics from Fri, 01 Dec 2023 08:00:00 GMT to Sun, 25 Aug 2024 18:21:00 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -2
