Several reports suggest a strong performance by
Extra Space Storage (EXR). With robust growth in
revenue and
occupancy, EXR recently raised
dividends by 8%. Major firms like Oak Thistle and CHURCHILL MANAGEMENT have bought shares, boosting confidence in its prospects. Despite some fluctuations, with a few underperformances compared to competitors, the
NYSE:EXR stock has steadily increased, up 21% in the last 3 months. The firm has recently announced several offerings of senior notes, contributing to its solid financial position. However, Barclays foresees a pessimistic forecast for EXR's stock price. EXR’s CEO, Joseph D. Margolis, sold 7,500 shares, creating some apprehension among investors. The company also declared $1.62 per share for Q4 2024 dividends. It further launched a $1 billion commercial paper note program. Lastly, EXR acquired Life Storage, a significant industry move, becoming the nation's largest self-storage company, signaling a promising future. However, intermittent poor performance and the recent sale of shares by the CEO engender some caution. Despite this, the overall consensus remains bullish on the company’s outlook.
Extra Space Storage EXR News Analytics from Tue, 02 Aug 2022 07:00:00 GMT to Sat, 18 Jan 2025 21:16:03 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 2
