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

October 14, 2018 - By Richard Conner

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 dived, 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.
Phocas Fincl reported 12,004 shares. Adelante Cap Mngmt Ltd Liability Company holds 2.78% of its portfolio in Extra Space Storage Inc. (NYSE:EXR) for 483,773 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 2,574 shares or 0.02% of its portfolio. Ameritas Investment Partners holds 0.01% or 2,399 shares. Conning owns 0.01% invested in Extra Space Storage Inc. (NYSE:EXR) for 2,440 shares. Mackay Shields Limited Liability Co reported 24,227 shares. Gulf Bank (Uk) Limited owns 38,226 shares or 0.05% of their US portfolio. Contravisory Investment Mgmt invested in 48 shares. Metropolitan Life Ins New York has 30,870 shares for 0% of their portfolio. Gemmer Asset Mngmt Limited Liability Corp holds 248 shares or 0.01% of its portfolio. Bank Of America Corporation De invested in 0.01% or 554,957 shares. Quadrant Cap Mgmt Ltd Limited Liability Company holds 1.01% in Extra Space Storage Inc. (NYSE:EXR) or 14,190 shares. Millennium Lc has 0.01% invested in Extra Space Storage Inc. (NYSE:EXR) for 54,757 shares. The Massachusetts-based Rampart Investment Mgmt Com Limited Liability Corp has invested 0.19% in Extra Space Storage Inc. (NYSE:EXR). Korea Invest reported 75,291 shares.

Since April 16, 2018, it had 0 buys, and 12 sales for $2.65 million activity. The insider Sondhi Samrat sold 5,531 shares worth $505,004. 2,292 shares valued at $209,305 were sold by SKOUSEN K FRED on Thursday, May 3. Stubbs P Scott sold $863,946 worth of Extra Space Storage Inc. (NYSE:EXR) on Tuesday, May 8. 1,700 shares valued at $155,255 were sold by McNeal Gwyn Goodson 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 17.83 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 0.30% or $0.25 during the last trading session, reaching $84.86. About 709,243 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 16.65% since October 14, 2017 and is uptrending. It has outperformed by 1.03% the S&P500.

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

Among 5 analysts covering Extra Space Storage (NYSE:EXR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Extra Space Storage had 8 analyst reports since May 8, 2018 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Thursday, July 12. Bank of America maintained Extra Space Storage Inc. (NYSE:EXR) rating on Monday, July 16. Bank of America has “Buy” rating and $110 target. The firm has “Buy” rating given on Tuesday, May 8 by Bank of America. The company was maintained on Tuesday, May 22 by Wells Fargo. The stock of Extra Space Storage Inc. (NYSE:EXR) earned “Neutral” rating by Robert W. Baird on Wednesday, July 18. The rating was maintained by Wells Fargo on Monday, June 18 with “Buy”. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, June 14. The firm has “Neutral” rating by Citigroup given on Friday, October 5.

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 $11.21 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 21.9 P/E ratio. The Company's stores comprise approximately 1,030,000 units and approximately 114 million square feet of rentable space.

More news for Extra Space Storage Inc. (NYSE:EXR) were recently published by: Seekingalpha.com, which released: “Extra Innings For Extra Space” on October 01, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows H&E Equipment Services, Big Lots, Jernigan Capital, Consolidated Communications …” and published on October 09, 2018 is yet another important article.

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

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