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Extra Space Storage EXR - News Analyzed: 3,865 - Last Week: 99 - Last Month: 495

↑ Extra Space Storage EXR Witnesses Strong Occupancy and Revenue Growth Amid Launch of $1B Commercial Paper Note Program

Extra Space Storage EXR Witnesses Strong Occupancy and Revenue Growth Amid Launch of $1B Commercial Paper Note Program
Extra Space Storage Inc. has announced various initiatives including a $1 billion commercial paper note program aimed at reducing borrowing costs. The company's stock has seen strong trading days, outperforming its competitors. Major investment companies such as Landscape Capital Management L.L.C., Massachusetts Financial Services Co. MA, Charles Schwab Investment Management Inc., and Vaughan Nelson Investment Management L.P. have acquired significant shares in Extra Space Storage Inc. The firm's recent Q3 2024 results highlighted strong occupancy gains and increased dividends. However, some stocks analysts have lowered their Q4 EPS forecasts for the company. Extra Space Storage Inc.'s stock has witnessed a 21% increase in the past three months, despite some underperformance. The company recently celebrated the completion of its merger with Life Storage by ringing the NYSE bell. Extra Space Storage's management has remained optimistic, confirming solid all-weather value and expecting the positive trend to continue. They are preparing to launch their Q3 2024 earnings report.

Extra Space Storage EXR News Analytics from Thu, 04 Apr 2024 07:00:00 GMT to Fri, 22 Nov 2024 21:58:00 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -3

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