Extra Space Storage (EXR) Up 21% in 3 Months: Will the Trend Last?
EXRExtra Space Storage(EXR) ZACKS·2024-08-24 00:55

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. ...