Joseph Margolis - Extra Space Chief Executive Officer, Director
| EXR Stock | USD 143.80 2.07 1.42% |
CEO
Mr. Joseph D. Margolis serves as Chief Executive Officer, Director of the Company. He has served as our Chief Executive Officer since January 1, 2017. Previously, he served as our Executive Vice President and Chief Investment Officer from July 2015 until December 31, 2016. Mr. Margolis served as a member of our board of directors from February 2005 until July 2015 and rejoined the board upon his appointment as Chief Executive Officer. From 2011 until July 2015, he also was Senior Managing Director and Partner at Penzance Properties, a vertically integrated owner, operator and developer of office and other properties in the Washington, D.C. metro area. Previously, Mr. Margolis was a cofounding partner of Arsenal Real Estate Funds, a private real estate investment management firm, from 2004 through 2011. Before forming Arsenal in 2004, Mr. Margolis held senior positions from 1992 to 2004 at Prudential Real Estate Investors in portfolio management, capital markets and as General Counsel. Before that, Mr. Margolis worked for The Prudential Insurance Company of America as inhouse real estate counsel from 1988 through 1992, and as a real estate associate at the law firm of Nutter, McClennen Fish from 1986 through 1988. Mr. Margolis is a graduate of Harvard College and Columbia University School of Law. since 2018.
| Age | 60 |
| Tenure | 7 years |
| Address | 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033 |
| Phone | 801 365 4600 |
| Web | https://www.extraspace.com |
Joseph Margolis Latest Insider Activity
Tracking and analyzing the buying and selling activities of Joseph Margolis against Extra Space stock is an integral part of due diligence when investing in Extra Space. Joseph Margolis insider activity provides valuable insight into whether Extra Space is net buyers or sellers over its current business cycle. Note, Extra Space insiders must abide by specific rules, including filing SEC forms every time they buy or sell Extra Space'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Joseph Margolis over six months ago Disposition of 7500 shares by Joseph Margolis of Extra Space at 152.58 subject to Rule 16b-3 |
Extra Space Management Efficiency
The company has Return on Asset of 0.0329 % which means that on every $100 spent on assets, it made $0.0329 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0595 %, implying that it generated $0.0595 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 03/22/2025, 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 Total Assets are relatively stable compared to the past year. As of 03/22/2025, Other Assets is likely to grow to about 1.6 B, while Intangible Assets are likely to drop slightly above 21.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.0595 | ||||
| Return On Asset | 0.0329 |
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 | ||
| 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 | ||
| Scott CPA, Executive CFO | ||
| Matthew Herrington, Chief Operating Officer, Executive Vice President | ||
| Grace Kunde, Senior Controller | ||
| Timothy Arthurs, Senior Operations | ||
| Gwyn JD, Executive Officer | ||
| Jeffrey Norman, IR Contact Officer | ||
| Joseph Bonner, Independent Director | ||
| Gary Crittenden, Independent Director | ||
| Julia Ploeg, Independent Director | ||
| James Overturf, Executive Vice President, Chief Marketing Officer | ||
| Joseph Margolis, Chief Executive Officer, Director | ||
| Gwyn McNeal, Executive Vice President Chief Legal Officer | ||
| Peter Stubbs, Chief Financial Officer, Executive Vice President | ||
| 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.
| Return On Equity | 0.0595 | ||||
| Return On Asset | 0.0329 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 43.81 B | ||||
| Shares Outstanding | 212 M | ||||
| Shares Owned By Insiders | 1.00 % | ||||
| Shares Owned By Institutions | 93.04 % | ||||
| Number Of Shares Shorted | 2.83 M | ||||
| Price To Earning | 35.20 X |
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.Moving together with Extra Stock
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.Additional Tools for Extra Stock Analysis
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.