Kenneth Woolley - Extra Space Executive Chairman of the Board
| EXR Stock | USD 170.96 1.72 1.00% |
Chairman
Mr. Kenneth M. Woolley is the Executive Chairman of the Board of the Company. Mr. Woolley is the founder of our Company, served as our Executive Chairman and CEO from our formation through March 2009, Chief Investment Officer from July 2012 to July 2013 and was formerly Chief Executive Officer of our predecessor. Mr. Woolley resigned from his position as Chairman and CEO of the Company effective April 1, 2009, to serve a voluntary threeyear mission for his church, during which time he remained as a director. Mr. Woolley was involved in the selfstorage industry since 1977. He was directly responsible for developing over 165 properties and acquiring over 625 selfstorage properties throughout the United States. Early in his career he was a management consultant with the Boston Consulting Group. From 1979 to 1998, he was an Associate Professor, and later an Adjunct Associate Professor of Business Administration at Brigham Young University, where he taught undergraduate and M.B.A. classes in Corporationrationrate Strategy and Real Estate. Mr. Woolley has also developed more than 17, 000 apartment units through his Las Vegas entity, Nevada West Partners. He is also a partner in New York based Gaia Real Estate, which owns 18, 000 apartment units and 600, 000 square feet of office space. He has also founded several companies in the retail, electronics, food manufacturing and natural resources industries. Mr. Woolley currently serves as a trustee and a member of the compensation committee of American Homes 4 Rent, publicly traded REIT since 2013.
| Age | 74 |
| Tenure | 11 years |
| Professional Marks | MBA |
| Address | 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033 |
| Phone | 801 365 4600 |
| Web | https://www.extraspace.com |
Kenneth Woolley Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kenneth Woolley against Extra Space stock is an integral part of due diligence when investing in Extra Space. Kenneth Woolley 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.
Kenneth Woolley over two months ago Disposition of 5065 shares by Kenneth Woolley of Extra Space at 85.99 subject to Rule 16b-3 | ||
Kenneth Woolley over six months ago Acquisition by Kenneth Woolley of 1402 shares of Extra Space at 142.63 subject to Rule 16b-3 | ||
Kenneth Woolley over a year ago Bona fide gift to Kenneth Woolley of 3500 shares of Extra Space subject to Section 16 | ||
Kenneth Woolley over a year ago Sale by Kenneth Woolley of 200000 shares of Extra Space |
Extra Space Management Efficiency
The company has Return on Asset of 0.0333 % which means that on every $100 spent on assets, it made $0.0333 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0557 %, implying that it generated $0.0557 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 12/02/2024, 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 Debt To Assets are relatively stable compared to the past year. As of 12/02/2024, Fixed Asset Turnover is likely to grow to 12.67, while Net Tangible Assets are likely to drop slightly above 2.3 B.Management Performance
| Return On Equity | 0.0557 | |||
| Return On Asset | 0.0333 |
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 | 0.0557 | |||
| Return On Asset | 0.0333 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.46 % | |||
| Current Valuation | 48.39 B | |||
| Shares Outstanding | 211.98 M | |||
| Shares Owned By Insiders | 1.07 % | |||
| Shares Owned By Institutions | 98.89 % | |||
| Number Of Shares Shorted | 3.96 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
Moving against Extra Stock
| 0.67 | AKR | Acadia Realty Trust | PairCorr |
| 0.65 | UE | Urban Edge Properties | PairCorr |
| 0.58 | WELL | Welltower | PairCorr |
| 0.36 | AAT | American Assets Trust | PairCorr |
| 0.35 | EQIX | Equinix | PairCorr |
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.