Extra Space Storage Inc. (NYSE:EXR) stock revealed change of 0.70% away from 52-week low price and recently located move of -22.40% off 52-week high price. It has market worth of $12.58B and dividend yield of 3.73%. EXR stock has been recorded -11.01% away from 50 day moving average and -12.89% away from 200 day moving average. Moving closer, we can see that shares have been trading -10.07% off 20-day moving average.
On March 13, 2020, Extra Space Storage Inc. (NYSE:EXR) disclosed that effective June 30, 2020, James Overturf, the Company’s Executive Vice President and Chief Marketing Officer, will retire. Mr. Overturf has spent 21 years in various roles with Extra Space Storage and is a highly respected member of the Company’s executive team. Upon retirement, Mr. Overturf will devote significant attention to family and philanthropic endeavors.
The board of directors has selected Samrat Sondhi, the Company’s current Executive Vice President and Chief Operations Officer, to succeed Mr. Overturf as Chief Marketing Officer. Mr. Sondhi has been a member of the Company’s executive team since January 1, 2014. Prior to that, Mr. Sondhi served on the Company’s senior management team for eight years, operating in various roles including Senior Vice President Revenue Management, playing a key role in the evolution of the Company’s pricing strategy. Prior to joining the Company, Mr. Sondhi served for two years as Vice President Revenue Management for Storage USA, which was purchased by the Company in July 2005. Mr. Sondhi holds a Master’s in Business Administration from Carnegie Mellon University and a Bachelor’s in Electronics from Pune University, India.
We congratulate James on his retirement and thank him for his contribution to Extra Space’s success for over 20 years, commented Joe Margolis, Chief Executive Officer. James has been a significant part of our company’s evolution and growth, and a key member of our executive team. We are excited to have Samrat Sondhi assume management and continue to lead our best-in-class data science, digital marketing, revenue management and technology teams. Samrat was the architect of our revenue management system, and we know that he will continue to lead our data driven strategy and enhance the technological innovation expected from Extra Space.
The Financial sector company, Extra Space Storage Inc. noticed change of 0.31% to $96.58 along volume of 2018616 shares in recent session compared to an average volume of 955.37K shares. The stock observed return of -12.22% in 5 days trading activity. The stock was at -13.89% over one month performance. EXR’s shares are at -7.98% for the quarter and driving a -3.47% return over the course of the past year and is now at -8.56% since this point in 2018.
The average volatility for the week at 5.72% and for month was at 4.04%. There are 130.25M shares outstanding and 126.08M shares are floated in market. Right now the stock beta is 0.33.