Extra Space Storage (EXR) Set to Announce Earnings on Tuesday
Extra Space Storage (NYSE:EXR) will announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.73 per share for the quarter.
Shares of Extra Space Storage (EXR) opened at $80.80 on Tuesday. Extra Space Storage has a 1 year low of $71.34 and a 1 year high of $88.56. The firm has a market cap of $10,180.00, a price-to-earnings ratio of 29.71, a P/E/G ratio of 3.31 and a beta of 0.26. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.68.
Extra Space Storage announced that its Board of Directors has authorized a share repurchase plan on Monday, November 13th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
In other Extra Space Storage news, EVP James Overturf sold 1,300 shares of Extra Space Storage stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $86.26, for a total value of $112,138.00. Following the transaction, the executive vice president now directly owns 81,075 shares in the company, valued at $6,993,529.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Grace Kunde sold 350 shares of Extra Space Storage stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $87.65, for a total transaction of $30,677.50. Following the completion of the transaction, the senior vice president now owns 11,209 shares in the company, valued at $982,468.85. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,530 shares of company stock worth $1,920,550. 3.72% of the stock is currently owned by company insiders.
TRADEMARK VIOLATION WARNING: This piece was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.dailypolitical.com/2018/02/12/extra-space-storage-exr-set-to-announce-earnings-on-tuesday.html.
Extra Space Storage Company Profile
Extra Space Storage Inc is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development.
Receive News & Ratings for Extra Space Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extra Space Storage and related companies with MarketBeat.com's FREE daily email newsletter.