Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Is the New York self-storage market poised for continued outperformance? [Yahoo! Finance]

Extra Space Storage Inc (EXR) 
Last extra space storage inc earnings: 2/18 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.extraspace.com/investor-relations
Company Research Source: Yahoo! Finance
pointing to moderating supply growth and a recovery in population trends as supportive factors for future performance. Industry data shows the metro area now has about 1,200 self-storage properties totaling roughly 85 million net rentable square feet. Yet, despite its scale, the market remains structurally undersupplied. New York City proper has less than three square feet of storage space per capita, compared to a national average of above 6. According to KeyBanc Capital Markets analysts, “this underscores the scarcity and long-term value of NYC assets, making New York Self Storage among the most prized holdings in the sector.” The past few years were challenging. Between 2019 and 2022, the New York metro saw nearly 19% supply growth, with Brooklyn and Queens posting increases of 23% and 17% in net rentable space even as populations fell by more than 5%. Pandemic-driven outflows and a rush of development following changes to the city's tax abatement program created pressure Show less Read more
Impact Snapshot
Event Time:
EXR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for EXR alerts
Opt-in for
EXR alerts

from News Quantified
Opt-in for
EXR alerts

from News Quantified