Peter Stubbs - Extra Space Chief Financial Officer, Executive Vice President

EXR Stock  USD 133.28  0.54  0.41%   

President

Mr. Peter Scott Stubbs is the Chief Financial Officer and Executive Vice President of the Company. He has served as our Chief Financial Officer since December, 2011. He served as the Companys Senior Vice President Finance and Accounting since our inception, and the Corporationrationrate Controller of our predecessor beginning in December 2000. Prior to joining our predecessor, Mr. Stubbs served as Chief Financial Officer of the Lyon Company from June 2000 through December 2000. From 1995 through 2000, he served as the U.S. Controller of Critchley Inc. and from November 1992 through June 1995, he worked at Neilson, Ellgren, Durkin Co. as a consultant. Mr. Stubbs is a licensed CPA and holds a B.S. and a Masters in Accountancy from Brigham Young University since 2011.
Age 52
Tenure 13 years
Address 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033
Phone801 365 4600
Webhttps://www.extraspace.com
Stubbs currently serves as a member of the board of directors and audit committee chairman of ZAGG Inc.

Extra Space Management Efficiency

The company has Return on Asset of 0.0407 % which means that on every $100 spent on assets, it made $0.0407 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0873 %, implying that it generated $0.0873 on every 100 dollars invested. Extra Space's management efficiency ratios could be used to measure how well Extra Space manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/23/2024, Return On Tangible Assets is likely to drop to 0.02. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, Extra Space's Fixed Asset Turnover is relatively stable compared to the past year. As of 04/23/2024, Asset Turnover is likely to grow to 0.1, while Intangible Assets are likely to drop slightly above 91 M.
The company has 11.4 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. Extra Space Storage has a current ratio of 2.54, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Extra Space until it has trouble settling it off, either with new capital or with free cash flow. So, Extra Space's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Extra Space Storage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Extra to invest in growth at high rates of return. When we think about Extra Space's use of debt, we should always consider it together with cash and equity.

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Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the SP 500. The Company is the second largest owner andor operator of self-storage stores in the United States and is the largest self-storage management company in the United States. Extra Space operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 4309 people. Extra Space Storage (EXR) is traded on New York Stock Exchange in USA. It is located in 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033 and employs 7,618 people. Extra Space is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Extra Space Storage Leadership Team

Elected by the shareholders, the Extra Space's board of directors comprises two types of representatives: Extra Space inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Extra. The board's role is to monitor Extra Space's management team and ensure that shareholders' interests are well served. Extra Space's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Extra Space's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph JD, CEO Director
Samrat Sondhi, Chief Operating Officer, Executive Vice President
Dennis Letham, Independent Director
Gary Sabin, Director
Roger Porter, Lead Independent Director
Diane Olmstead, Independent Director
Spencer Kirk, Independent Director
Zachary Dickens, Executive Vice President Chief Investment Officer
Scott Stubbs, CFO and Executive VP
Noah Springer, Executive Vice President Chief Strategy and Partnership Officer
Matthew Herrington, Chief Operating Officer, Executive Vice President
Timothy Arthurs, Senior Operations
Jeffrey Norman, IR Contact Officer
Joseph Bonner, Independent Director
Gary Crittenden, Independent Director
Julia Ploeg, Independent Director
Clint Halverson, IR Contact Officer
Joseph Margolis, Chief Executive Officer, Director
Frederick Skousen, Independent Director
Peter Stubbs, Chief Financial Officer, Executive Vice President
K Skousen, Independent Director
Karl Haas, Director
Scott CPA, Executive CFO
Grace Kunde, Senior Controller
James Overturf, Executive Vice President, Chief Marketing Officer
Gwyn McNeal, Executive Vice President Chief Legal Officer
Ashley Dreier, Independent Director
Kenneth Woolley, Executive Chairman of the Board

Extra Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Extra Space a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Extra Space Investors Sentiment

The influence of Extra Space's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Extra. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Extra Space's public news can be used to forecast risks associated with an investment in Extra. The trend in average sentiment can be used to explain how an investor holding Extra can time the market purely based on public headlines and social activities around Extra Space Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Extra Space's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Extra Space's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Extra Space's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Extra Space.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Extra Space in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Extra Space's short interest history, or implied volatility extrapolated from Extra Space options trading.

Pair Trading with Extra Space

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extra Space. If investors know Extra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
6.48
Earnings Share
4.74
Revenue Per Share
15.454
Quarterly Revenue Growth
0.572
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.