Welcome to our dedicated page for Extra Space Storage news (Ticker: EXR), a resource for investors and traders seeking the latest updates and insights on Extra Space Storage stock.
Extra Space Storage Inc. (EXR), a leading self-storage REIT, provides investors and industry observers with timely updates through this comprehensive news hub. Track official announcements, financial disclosures, and strategic developments from one of the largest operators in the U.S. storage sector.
This resource consolidates EXR's earnings reports, facility expansions, and partnership announcements, offering stakeholders efficient access to material information. Users will find updates on property acquisitions, third-party management contracts, and operational innovations that drive the company's performance in competitive real estate markets.
Key categories include quarterly financial results, dividend declarations, sustainability initiatives, and leadership updates. All content is sourced directly from company filings and verified press releases to ensure reliability. Bookmark this page for streamlined monitoring of EXR's market movements and corporate milestones within the evolving self-storage landscape.
Extra Space Storage Inc. (NYSE: EXR) announced it will release financial results for the three and six months ended June 30, 2022, on August 2, 2022, after market close. A conference call will occur on August 3, 2022, at 1:00 p.m. ET, featuring CEO Joe Margolis and CFO Scott Stubbs. The call will include a review of operating performance and a Q&A session, limited to registered financial analysts. Results and supplemental data will be available on their investor relations website following the earnings release.
Extra Space Storage Inc. (NYSE: EXR) has declared a quarterly dividend of $1.50 per share for the second quarter of 2022. This dividend is payable on June 30, 2022, to shareholders of record by the end of business on June 15, 2022. As of March 31, 2022, the company owned and operated 2,130 self-storage properties, totaling approximately 164.2 million square feet and 1.5 million storage units across the U.S.
Extra Space Storage Inc. (NYSE: EXR) reported Q1 2022 results with a net income of $1.51 per diluted share, a 1.3% decrease from the prior year, impacted by a $63.9 million gain in 2021. Funds from operations (FFO) grew by 34.0% to $2.01 per share. Same-store revenue rose 21.7%, while net operating income (NOI) increased by 27.6%. The occupancy rate fell to 94.5%. The company acquired 14 operating stores for approximately $225 million and paid a boosted dividend of $1.50 per share, up 20% from the last quarter. Future growth aims for same-store revenue growth of 13% to 15%.
Extra Space Storage Inc. (NYSE: EXR) announced that it will release its financial results for the first quarter of 2022 on May 3, 2022, after market close. A conference call discussing these results will take place on May 4, 2022, at 1:00 p.m. ET, led by CEO Joe Margolis and CFO Scott Stubbs. The call will include an overview of operating performance and a Q&A session for registered financial analysts. The earnings report will be accessible on the Company’s website following the release.
Extra Space Storage Inc. (NYSE: EXR) announced the pricing of a public offering of $400 million in 3.900% senior notes due April 1, 2029. The notes were priced at 99.885% of the principal amount and are expected to close by March 31, 2022, subject to standard conditions. Proceeds will fund acquisition opportunities, repay outstanding debt, and support general corporate purposes. The offering is managed by several financial institutions, and the notes are guaranteed by Extra Space and its subsidiaries.
Extra Space Storage (NYSE: EXR) reported strong Q4 2021 results with a net income of $2.00 per diluted share, a 68.1% increase year-over-year. Funds from operations (FFO) reached $1.91 per share, reflecting a 29.1% growth. The company increased same-store revenue by 18.3% and net operating income by 24.2%. Over the year, net income was $6.19 per share, also up 66.8%. The company acquired 63 operating stores costing approximately $1.1 billion and sold 17 stores, gaining $76.9 million. A quarterly dividend of $1.25 per share was paid.
Extra Space Storage Inc. has declared a quarterly dividend of $1.50 per share for Q1 2022, marking a 20% increase from the previous quarter and a 50% increase year-over-year. This dividend is payable on March 31, 2022 to shareholders on record as of March 15, 2022. The company operates 2,096 self-storage properties with approximately 1.5 million units, making it the second-largest self-storage operator in the U.S.
Extra Space Storage Inc. (NYSE: EXR) has announced the tax allocations for its 2021 dividend distributions. The ex-dividend date is March 12, 2021, with a record date of March 15, 2021, and payment on March 31, 2021. The total distribution per share is $4.500000, consisting of ordinary dividends, qualified dividends, and capital gain distributions, with varying amounts. The company advises shareholders to consult their tax advisors for specific tax treatment. This information is preliminary and may be subject to adjustments upon final tax filing.
Extra Space Storage Inc. (NYSE: EXR) will release its financial results for the year ended December 31, 2021, on February 23, 2022. A conference call is scheduled for February 24, 2022, at 1:00 p.m. ET, hosted by CEO Joe Margolis and CFO Scott Stubbs. During the call, they will discuss the company's operating performance and answer questions from registered analysts. The earnings report will be available on the company’s website immediately after the release. This call marks an important opportunity for investors to gauge the company's financial health and growth prospects.
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