财务业绩 - 公司实现净收益归属普通股东每股0.91美元，同比下降5.2%，主要由于公司决定采用单一品牌导致Life Storage商标减值5,180万美元[2] - 实现每股FFO 1.75美元，剔除调整后的每股Core FFO 2.07美元，同比增长2.5%[2] - 同店收入下降0.3%，同店净经营收益下降1.0%[2] - 同店出租率为94.3%，较上年同期93.7%有所提升[2] - 同店物业收入总计为4.24亿美元，同比下降0.3%[9] - 同店净运营收入为3.14亿美元，同比下降1.0%[9] - 同店平均出租率为94.4%，较上年同期93.9%有所提升[9] - 公司2024年全年预计每股摊薄后净收益为3.59美元至3.74美元之间[30] - 公司2024年全年预计资金来源为每股7.45美元至7.60美元之间[30] - 公司2024年全年预计核心资金来源为每股8.00美元至8.15美元之间[30] - 公司2024年全年预计同店净营业收入为12.335亿美元至12.5亿美元之间[31] - 公司2024年全年预计同店租金收入为16.66亿美元至16.785亿美元之间[31] 收购与投资 - 公司收购10家运营中心和1家在建中心，总投资约1.639亿美元[2] - 与合资伙伴共同收购5家运营中心和完成2个开发项目，总投资约1.146亿美元，公司投资3,070万美元[2] - 公司新增17家自有运营门店，总投资2.27亿美元[11] - 公司新增10家合资门店，总投资0.78亿美元[11] 资产负债情况 - 2024年9月30日,公司资产总额为280.63亿美元,负债总额为131.04亿美元[26] 其他财务活动 - 公司确认1,370万美元来自两家合资企业解散的收益[2] - 公司发放1.58亿美元的抵押贷款和夹层桥贷款，出售1.79亿美元的抵押桥贷款[2] - 公司在三季度新增1.58亿美元桥贷，并出售1.79亿美元桥贷[13] - 公司在三季度完成了4亿美元5.35%优先无担保债券发行，并增加3亿美元无担保贷款[15] - 公司在三季度支付了1.62美元/股的股息[17] 未来预测 - 2024年同店收入增长预计为-0.25%至0.50%[19] - 2024年同店费用增长预计为4.25%至5.25%[19] - 2024年同店NOI增长预计为-2.25%至-0.50%[19] - 2024年Legacy LSI同店收入增长预计为0.25%至1.25%[19] - 2024年Legacy LSI同店费用增长预计为3.50%至4.50%[19] - 2024年Legacy LSI同店NOI增长预计为-1.50%至0.50%[19] - 2024年加权平均一个月SOFR预计为5.10%[19] - 2024年净租户再保险收入预计为2.56亿美元至2.58亿美元[19] - 2024年管理费和其他收入预计为1.19亿美元至1.20亿美元[19] 其他 - 公司在三季度新增11家待售物业，其中3家调整至公允价值减去销售成本，导致损失890万美元[12] - 穆迪将公司信用评级展望从稳定调整为正面[2] - 公司拥有和/或运营3,862家自储存仓库,位于42个州和华盛顿特区[25] - 公司第三方管理平台新增63家门店(净增38家)，截至9月30日管理1,921家门店[2] - 公司计划出售一些房地产资产,并就此计提了890万美元的损失[29]

SALT LAKE CITY, Oct. 29, 2024 /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 and nine months ended September 30, 2024. Highlights for the three months ended September 30, 2024: Achieved net income attributable to common stockholders of $0.91 per diluted share, representing a 5.2% decrease compared to the same period in the prior year ...

Wall Street analysts expect Extra Space Storage (EXR) to post quarterly earnings of $2.03 per share in its upcoming report, which indicates a year-over-year increase of 0.5%. Revenues are expected to be $821.37 million, up 9.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company revea ...

文章核心观点 - 近年来利率上升对商业房地产行业造成了一定影响,增加了借贷成本并拖累了房地产价值 [1] - 随着美联储近期开始降息,利率从阻碍转变为有利因素,投资房地产投资信托(REIT)是不错的选择 [1] - 三家顶级REIT公司Realty Income、W.P. Carey和Extra Space Storage值得关注 [1] 行业总结 - 利率上升导致REIT股价下跌,但随着利率下降,REIT行业将从中获益 [1] - REIT行业有望复苏,投资REIT是不错的选择 [1][8] Realty Income - 公司连续30年每年增加派息,已连续108个季度增加派息 [2] - 公司当前股息率接近5%,远高于标普500指数 [2] - 公司预计未来调整后的经营性现金流(FFO)将以4%-5%的年增长率增长,支持类似的派息增长率 [3] W.P. Carey - 公司连续25年增加派息,但去年加速退出办公楼板块并重置派息 [4] - 公司当前股息率接近6%,已开始重建派息 [4] - 公司正专注于工业地产等更具长期增长潜力的领域,有助于现金流增长和派息提升 [5] Extra Space Storage - 公司是自储行业的领导者,通过行业整合和稳定需求推动了出色的股价表现 [6] - 公司的第三方管理平台是其出色表现的重要驱动因素 [6] - 公司有望继续增加高股息和不断增长的派息 [7]

Shares of Extra Space Storage (EXR) have risen 10.5% year to date, outperforming the industry's growth of 9%. Extra Space Storage is well-poised to gain from its high brand value, geographically diversified portfolio and presence in key cities in the United States. The self-storage industry's need-based and recession-resilient nature shields it from market volatility and assures stable revenues. Extra Space Storage's focus on accretive buyouts, mutually beneficial joint venture partnerships and third-party ...

SALT LAKE CITY, Sept. 24, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended Sept 30, 2024 on Tuesday, October 29, 2024 after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss its financial results. Hosting the call will be Extra Space Storage's CEO, Joe Margolis. Joining him will be Scott Stubbs, Executive Vice President an ...

Self-storage real estate investment trusts (REITs), which generate income by leasing storage units to tenants, have become popular among investors seeking stable and consistent returns. The SSA (Self-Storage Association) Fall Conference indicated that market participants believe the operating environment "may be bottoming" and capital market headwinds could "soon subside," according to KeyBanc Capital Markets. The Specialized REITs Analyst: Todd Thomas downgraded the ratings for National Storage Affiliates ...

SeventyFour/iStock via Getty Images Introduction I doubt I'm breaking any news when I say I really like self-storage. Although one could make the case that it doesn't make sense from a diversification point of view, the two REITs in my 22-stock dividend growth portfolio are both selfstorage REITs. Initially, I bought Public Storage (PSA). I then added Extra Space Storage (NYSE:EXR), which has been a REIT I have admired for many years, before finally getting serious about dividend (growth) investing. While I ...

Shares of Extra Space Storage (EXR) have rallied 21.8% in the past three months, outperforming the industry's growth of 16.2%. EXR is the largest operator of self-storage properties in the United States. This real estate investment trust (REIT) continues to benefit from its high brand value and strong presence in major cities in the United States. Late in July, Extra Space Storage reported second-quarter 2024 core funds from operations (FFO) per share of $2.06, which beat the Zacks Consensus Estimate of $2. ...

SALT LAKE CITY, Aug. 19, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2024, to stockholders of record at the close of business on September 16, 2024. About Extra Space Storage Inc. Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and selfm ...