Extra Space Storage Inc. (EXR) has recently seen a range of developments. StockNews.com upgraded EXR's rating, with the stock being mentioned as potentially the top warehouse and self-storage option. Despite underperforming compared to competitors on two distinct days, the company has made numerous strides.
Numerous investment companies have purchased significant stakes, like KBC Group NV with $23.43 million and Cibc World Market Inc. with $18.08 million. The company has also set its Q4 2024 earnings call for February 25 and introduced a
$1 billion commercial paper note program. EXR's CEO, Joe Margolis, won the Glassdoor Employees’ Choice Award. The company made advances such as pricing a $350 million add-on offering of 5.500% senior notes due 2030 and a $300M senior notes offering at 5.7% through 2028. Their
dividend growth story emerges as they report strong occupancy and revenue growth, prompting an 8% dividend increase. However, analysts foresee a slight dip in their price target. A dividend of $1.62 per Q4 share was declared, and EXR outperformed wall street forecasts with their strategic gains.
Extra Space Storage EXR News Analytics from Mon, 04 Mar 2024 08:00:00 GMT to Sat, 01 Feb 2025 10:25:55 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 6
