Extra Space Storage & Life Storage Combine to Form the Preeminent Storage Operator

$EXR
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Real Estate Investment Trusts
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Recent Analyst Ratings for
$EXR
$LSI

CompanyDatePrice TargetRatingAnalyst
1/10/2025$167.00Sector Underperform → Sector Perform
Scotiabank
10/21/2024$175.00Overweight → Equal Weight
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9/18/2024$162.00 → $204.00Hold → Buy
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9/10/2024$180.00Sector Perform
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8/5/2024$172.00 → $155.00Neutral → Underperform
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3/28/2024$160.00Strong Buy → Outperform
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3/27/2024$157.00Overweight
Barclays
2/13/2024$131.00Sector Underperform
Scotiabank
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$EXR
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Press Releases

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  • Extra Space Announces Pricing of $500 Million of 5.400% Senior Notes due 2035

    SALT LAKE CITY, March 10, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE:EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $500 million aggregate principal amount of 5.400% senior notes due 2035 (the "Notes"). The Notes were priced at 99.830% of the principal amount and will mature on June 15, 2035. BofA Securities, TD Securities, Truist Securities, BMO Capital Markets, J.P. Morgan, PNC Capital Markets LLC, Wells Fargo Securities and US Bancorp are acting as the joint book-runni

    $EXR
    Real Estate Investment Trusts
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  • Extra Space Storage Celebrates 4,000 Stores Milestone

    SALT LAKE CITY, March 5, 2025 /PRNewswire/ -- Extra Space Storage, Inc., (NYSE:EXR) the largest operator of self storage properties in the U.S., announced a significant milestone for the company as they celebrate reaching over 4,000 stores nationwide. Extra Space has more than doubled its store count since 2021.  "This achievement is a testament to the company's steady growth and resiliency of the self storage sector," said Joe Margolis, CEO. "Reaching 4,000 stores isn't just about the number – it's about the people who made this growth happen. Our team's focus on sustainable,

    $EXR
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    Real Estate
  • Extra Space Storage Inc. Reports 2024 Fourth Quarter and Year-End Results

    SALT LAKE CITY, Feb. 25, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three months and year ended December 31, 2024. Highlights for the three months ended December 31, 2024: Achieved net income attributable to common stockholders of $1.24 per diluted share, representing a 21.6% increase compared to the same period in the prior year.Achieved funds from operations attributable to common stockholders and un

    $EXR
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Analyst Ratings

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Insider Purchases

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SEC Filings

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  • Life Storage, Inc. Announces Executive Leadership Succession

    Andrew Gregoire to Retire as Chief Financial Officer, to be Succeeded by Alexander Gress, Vice President of Finance, Corporate Planning and Investor Relations Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today that it will promote the Company's Vice President of Finance, Corporate Planning and Investor Relations to Chief Financial Officer upon the retirement of current CFO, Andrew Gregoire, on January 2, 2023. Post-retirement, Mr. Gregoire will continue to assist in order to provide for a smooth transition, through June 30, 2023. "On behalf of myself, the management team, the board and the entire Life Storage team, I want to ex

    $LSI
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  • Extra Space Storage Inc. Acquires Storage Express and Appoints Jefferson Shreve to its Board of Directors

    Acquisition adds 107 Remotely Operated Stores to the Extra Space Storage Platform SALT LAKE CITY, Sept. 16, 2022 /PRNewswire/ -- Extra Space Storage Inc. and its subsidiaries (collectively "Extra Space" or the "Company") (NYSE:EXR) announced today that it has completed the acquisition of multiple entities doing business as Storage Express ("Storage Express"), which own 107 remote storage properties across Indiana, Ohio, Illinois and Kentucky.  The acquisition includes all Storage Express assets, including trademarks, contracts, licenses, intellectual property and 14 future development sites. Total consideration for the acquisition was approximately $590.0 million. The Company also purchased

    $EXR
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  • Life Storage, Inc. Announces Executive Leadership Transition

    Edward Killeen to retire as Chief Operating Officer, to be succeeded by David Dodman, Senior Vice President, Strategic Planning and Investor Relations Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today that effective December 31, 2021, Edward Killeen, the Company's Chief Operating Officer, will retire from Life Storage. Mr. Killeen has been with Life Storage for 24 years and held various roles with the Company. He is a well-respected member of the Company's executive team. David Dodman, the Company's current Senior Vice President of Strategic Planning and Investor Relations, has been selected to succeed Mr. Killeen as Chief Ope

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$EXR
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  • Extra Space Storage Inc. Reports 2024 Fourth Quarter and Year-End Results

    SALT LAKE CITY, Feb. 25, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three months and year ended December 31, 2024. Highlights for the three months ended December 31, 2024: Achieved net income attributable to common stockholders of $1.24 per diluted share, representing a 21.6% increase compared to the same period in the prior year.Achieved funds from operations attributable to common stockholders and un

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  • Extra Space Storage Inc. Announces 1st Quarter 2025 Dividend

    SALT LAKE CITY, Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE:EXR) announced today that the Company's board of directors has declared a first quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 31, 2025, to stockholders of record at the close of business on March 14, 2025.  About Extra Space Storage Inc. Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of Decemb

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  • Extra Space Storage Inc. Announces Tax Reporting Information for 2024 Distributions

    SALT LAKE CITY, Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2024 dividend distributions on its common stock. The allocations, as they will be reported on Form 1099-DIV, are as follows for common shares CUSIP# 30225T102: Ex-DividendDate Record Date PayableDate Total Distribution Per Share Ordinary DividendPer Share (Box 1a) QualifiedDividend Per Share (Box 1b) Capital Gain Distribution Per Share (Box 2a)1 Unrecaptured Section 1250 Gain Per Share (Box 2b) Section 199A Dividend Per Share (

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Large Ownership Changes

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