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Extra Space Storage Inc. (NYSE:EXR) is a real estate investment trust that invests in self-storage facilities.
It will report its Q2 2025 earnings on July 30. Wall Street analysts expect the company to post EPS of $2.06, unchanged from the figure in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $761.95 million, up from $697.10 billion a year earlier.
The 52-week range of Extra Space Storage stock price was $121.03 to $184.87.
Extra Space Storage’s dividend yield is 4.35%. It paid $6.48 per share in dividends during the last 12 months.
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The company on April 29 announced its Q1 2025 earnings, posting FFO of $2, beating the consensus estimate of $1.98, while revenues of $704.38 million came in below the consensus of $763.47 million, as reported by Benzinga.
“We had a solid first quarter, beating same store revenue expectations, maintaining historically high occupancy, and continuing to grow our capital light ancillary businesses. This led to FFO growth above our internal projections. Despite this level of performance, the recent economic uncertainty has caused us to maintain our same-store guidance,” said CEO Joe Margolis.
For its full-year 2025, the company expects core FFO to be in the range of $8 to $8.30.
What’s driving the market sentiment around Extra Space Storage? Check out this article by Beniznga to learn more.
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If you want to make $100 per month — $1,200 annually — from Extra Space Storage dividends, your investment value needs to be approximately $27,586, which is around 185 shares at $148.95 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (4.35% in this case). So, $1,200 / 0.0435 = $27,586 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
