Extra Space Storage (EXR) has displayed solid performance over the years with an initial
$100 investment 20 years ago potentially yielding significant profits today. The company has shown consistently good results, including strong Q1 results, contributing to a favorable rating from Mizuho and an increased price target. Their shareholder rewards remain steady, with a recent
$1.62 per share dividend payout. Recently,
EXR has priced $500 million of 5.400% senior notes due 2035 indicating their robust financial planning. The appointment of a
new CFO supports the company's growth journey. Moreover, one of the major highlights is the
acquisition of Life Storage, which marked a significant step in company expansion. The
merge with Life Storage was celebrated by ringing the NYSE bell. Moreover, the company also exhibited promising Q1 earnings and seems optimistic about adapting to the challenging operating environment in 2025. It's also worth noting the increased price targets from Scotiabank and Barclays, suggesting increased analyst confidence in the stock.
Extra Space Storage EXR News Analytics from Fri, 16 Sep 2022 07:00:00 GMT to Fri, 30 May 2025 15:45:21 GMT -
