Extra Space Storage, under the ticker
EXR, has made numerous headlines in the past months. The company's CEO stated that the industry is currently in the middle of a development cycle.
Squarepoint Ops LLC has reported their stock holdings in EXR to be worth $841,000. At the same time,
Gradient Investments LLC and
Voya Investment Management LLC have sold 55,071 and a significant number of shares respectively. This comes after some concerns over
margin pressure and consistent decrease in the share price for eight consecutive days. However, the
core FFO is beating estimates but facing issues with revenue lag. Several investment firms, including UBS and Wells Fargo, have adjusted their stances on Extra Space, with mixed recommendations. Despite the recent decline in share price, the company has shown consistent dividend payouts and
steady cash flows. The leadership team has undergone transition and has announced construction of a new building in Cincinnati. EXR also recently entered a
$4.5 billion amended credit agreement, raising its total outlet count on hitting the 4,000-store milestone. The future demand environment may impact the company's growth.
Extra Space Storage EXR News Analytics from Wed, 05 Mar 2025 08:00:00 GMT to Tue, 23 Dec 2025 10:28:41 GMT -
Rating 4
- Innovation -5
- Information 7
- Rumor -1
