$1.19 EPS Expected for Extra Space Storage Inc. (EXR)

October 11, 2018 - By Darrin Black

Extra Space Storage Inc. (NYSE:EXR) LogoInvestors sentiment decreased to 0.96 in Q2 2018. Its down 0.05, from 1.01 in 2018Q1. It worsened, as 45 investors sold Extra Space Storage Inc. shares while 138 reduced holdings. 62 funds opened positions while 113 raised stakes. 124.26 million shares or 0.82% less from 125.29 million shares in 2018Q1 were reported.
Carderock Capital Mgmt Inc holds 0.1% or 2,409 shares. Qci Asset Mgmt New York holds 0% or 3 shares. Cornerstone has 0.02% invested in Extra Space Storage Inc. (NYSE:EXR) for 321 shares. Palladium Prns Limited Liability, a Virginia-based fund reported 15,231 shares. Wealthfront Incorporated invested in 21,918 shares or 0.02% of the stock. Earnest Partners Limited Liability Company owns 0% invested in Extra Space Storage Inc. (NYSE:EXR) for 59 shares. California Employees Retirement has 437,369 shares. Nomura Asset invested in 107,924 shares or 0.11% of the stock. Strs Ohio accumulated 0.08% or 175,367 shares. National Pension Ser accumulated 151,057 shares. Us Bancshares De invested in 0.01% or 37,465 shares. Commerzbank Aktiengesellschaft Fi reported 2,054 shares stake. Dekabank Deutsche Girozentrale has invested 0.01% in Extra Space Storage Inc. (NYSE:EXR). Wellington Mngmt Group Inc Limited Liability Partnership holds 513,046 shares or 0.01% of its portfolio. First Republic Invest Mgmt reported 167,356 shares.

Since April 16, 2018, it had 0 insider buys, and 13 sales for $2.73 million activity. McNeal Gwyn Goodson had sold 1,700 shares worth $155,255 on Thursday, May 3. Another trade for 9,250 shares valued at $863,946 was sold by Stubbs P Scott. The insider SKOUSEN K FRED sold 1,318 shares worth $121,254. $505,004 worth of Extra Space Storage Inc. (NYSE:EXR) was sold by Sondhi Samrat on Thursday, May 3.

Analysts expect Extra Space Storage Inc. (NYSE:EXR) to report $1.19 EPS on November, 7.They anticipate $0.06 EPS change or 5.31 % from last quarter’s $1.13 EPS. EXR’s profit would be $157.26 million giving it 18.15 P/E if the $1.19 EPS is correct. After having $1.15 EPS previously, Extra Space Storage Inc.’s analysts see 3.48 % EPS growth. The stock increased 0.09% or $0.08 during the last trading session, reaching $86.4. About 121,171 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 16.65% since October 11, 2017 and is uptrending. It has outperformed by 1.03% the S&P500.

Extra Space Storage Inc. (NYSE:EXR) Ratings Coverage

Among 6 analysts covering Extra Space Storage (NYSE:EXR), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Extra Space Storage had 10 analyst reports since April 13, 2018 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Tuesday, May 8. SunTrust maintained the shares of EXR in report on Friday, April 13 with “Hold” rating. Robert W. Baird maintained the stock with “Buy” rating in Friday, April 13 report. Wells Fargo maintained Extra Space Storage Inc. (NYSE:EXR) on Monday, June 18 with “Buy” rating. The rating was maintained by Bank of America on Monday, July 16 with “Buy”. Robert W. Baird downgraded the shares of EXR in report on Wednesday, July 18 to “Neutral” rating. The firm has “Neutral” rating by Citigroup given on Friday, October 5. Citigroup maintained Extra Space Storage Inc. (NYSE:EXR) on Thursday, July 12 with “Neutral” rating. The rating was maintained by Morgan Stanley on Thursday, June 14 with “Equal-Weight”. The firm has “Buy” rating given on Tuesday, May 22 by Wells Fargo.

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. The company has market cap of $11.42 billion. As of September 30, 2017, the Company owned and/or operated 1,513 self-storage stores in 38 states, Washington, D.C. and Puerto Rico. It has a 22.3 P/E ratio. The Company's stores comprise approximately 1,030,000 units and approximately 114 million square feet of rentable space.

More recent Extra Space Storage Inc. (NYSE:EXR) news were published by: Investorplace.com which released: “5 Real Estate Stocks Still Worth Buying as Interest Rates Rise” on October 02, 2018. Also Globenewswire.com published the news titled: “Recent Analysis Shows H&E Equipment Services, Big Lots, Jernigan Capital, Consolidated Communications …” on October 09, 2018. Seekingalpha.com‘s news article titled: “Extra Innings For Extra Space” with publication date: October 01, 2018 was also an interesting one.

Extra Space Storage Inc. (NYSE:EXR) Institutional Positions Chart

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