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) 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.
Extra Space Storage Inc. (NYSE: EXR) has declared a quarterly dividend of $1.25 per share for Q4 2021, payable on December 31, 2021. Stockholders on record by December 15, 2021 will receive the dividend, reflecting the company's commitment to returning value to shareholders. Headquartered in Salt Lake City, Extra Space Storage operates 2,054 self-storage properties across the U.S., making it the second-largest in the country. The company continues to bolster investor confidence with consistent dividend payments.
Extra Space Storage Inc. (NYSE: EXR) reported substantial growth in Q3 2021, with net income reaching $1.40 per diluted share, a 59.1% increase year-over-year. Funds from operations (FFO) rose 41.2% to $1.85 per diluted share. Same-store revenue and net operating income (NOI) surged by 18.4% and 27.8%, respectively. The company acquired 10 operating stores and 4 newly constructed stores for approximately $198 million. Additionally, it paid a quarterly dividend of $1.25 per share, reflecting a 25% increase. Total managed stores reached 1,088, solidifying its position as a leader in self-storage management.
Extra Space Storage Inc. (NYSE: EXR) will release its financial results for Q3 2021 on October 27, 2021, after market close. A conference call led by CEO Joe Margolis and CFO Scott Stubbs is scheduled for October 28, 2021, at 1:00 p.m. ET. This call will cover operating performance and recent events, with a Q&A session for registered financial analysts. Interested parties can listen in via phone or the company website, where a replay will be available for 30 days. Extra Space Storage operates 1,973 self-storage properties across the U.S.
Extra Space Storage Inc. (NYSE:EXR) announced reaching a milestone of 800 managed properties through its ManagementPlus platform, which constitutes about 40% of its facilities. This achievement coincides with the company being recognized as the Best Third-Party Management Company in the 2021 Inside Self Storage reader-choice poll. In 2021, Extra Space added over 100 stores to its platform and aims to manage a total of approximately 200 by year-end, serving over 500,000 customers across more than 60 million net rentable square feet.
Extra Space Storage Inc. (NYSE: EXR) announced the pricing of $600 million in 2.350% senior notes due 2032, priced at 99.797% of the principal amount. The offering, set to close on September 22, 2021, will be utilized for acquisitions, debt repayment, and general corporate purposes. The notes are guaranteed by Extra Space and certain subsidiaries, contributing to its solid financial position as a leading self-storage operator in the U.S. Currently, Extra Space manages nearly 2,000 properties, making it the second largest in the country.
Extra Space Storage Inc. (NYSE: EXR) declared a quarterly dividend of $1.25 per share for Q3 2021, marking a 25% increase from the previous quarter. This dividend is scheduled for payment on September 30, 2021, to stockholders of record by September 15, 2021. The company, headquartered in Salt Lake City, is a leading self-storage REIT, owning and operating 1,973 properties with approximately 152.6 million square feet of rentable space across the U.S.
Extra Space Storage Inc. (NYSE: EXR) reported robust Q2 2021 results, with a net income per diluted share of $1.25, a 56.3% increase year-over-year. Funds from operations (FFO) also grew 33.3% to $1.64 per share. The company achieved a 13.6% rise in same-store revenue and a 20.2% increase in same-store net operating income. Occupancy reached 97%, up from 94.2% a year prior. Extra Space acquired 22 operating stores for $332.4 million and raised $450 million through a bond offering. A dividend of $1.00 per share was paid, reflecting strong financial health and growth outlook.
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