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The latest update is out from Extra Space Storage ( (EXR) ).
On May 19, 2025, Extra Space Storage Inc. announced the retirement of P. Scott Stubbs, its Executive Vice President and Chief Financial Officer, effective December 31, 2025. Jeff Norman, currently the Senior Vice President of Capital Markets and Treasury, will succeed Stubbs as CFO starting July 1, 2025. Norman, who has been with the company since 2012, has played a key role in its financial operations and will continue to work closely with Stubbs until the end of the year. This leadership transition is expected to maintain the company’s strategic direction and stability, as Norman has been a primary contact for investors and has been prepared for this role.
The most recent analyst rating on (EXR) stock is a Hold with a $180.00 price target. To see the full list of analyst forecasts on Extra Space Storage stock, see the EXR Stock Forecast page.
Spark’s Take on EXR Stock
According to Spark, TipRanks’ AI Analyst, EXR is a Outperform.
Extra Space Storage demonstrates strong financial health and operational efficiency, reinforced by robust cash flow and revenue growth. The company’s earnings call reflects a positive outlook with strategic growth initiatives, despite economic challenges. While the technical analysis shows positive momentum, the relatively high valuation may constrain further price appreciation. The stock’s income potential remains attractive due to its solid dividend yield.
To see Spark’s full report on EXR stock, click here.
More about Extra Space Storage
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust and a member of the S&P 500. As of March 31, 2025, the company owned and/or operated 4,099 self-storage properties, offering a wide selection of secure storage units across the United States, including boat, RV, and business storage. It is the largest operator of self-storage properties in the country.
Average Trading Volume: 1,231,810
Technical Sentiment Signal: Strong Buy
Current Market Cap: $33.63B
For an in-depth examination of EXR stock, go to TipRanks’ Stock Analysis page.