Scott Stubbs - Extra Space CFO and Executive VP

EXR Stock  USD 170.41  2.27  1.35%   

CFO

Mr. P. Scott Stubbs is Chief Financial Officer Executive Vice President of Extra Space Storage Inc. He served as the 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 since 2011.
Age 56
Tenure 13 years
Professional MarksCPA
Address 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033
Phone801 365 4600
Webhttps://www.extraspace.com
Stubbs is a licensed CPA and holds a B.S. and a Masters in Accountancy from Brigham Young University.

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 11/26/2024, 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 11/26/2024, Fixed Asset Turnover is likely to grow to 12.67, while Net Tangible Assets are likely to drop slightly above 2.3 B.
Extra Space Storage 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. Note however, debt could still be an excellent tool for Extra to invest in growth at high rates of return.

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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 Self-Storage 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
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.

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

  0.83FR First Industrial RealtyPairCorr

Moving against Extra Stock

  0.76AKR Acadia Realty TrustPairCorr
  0.7UE Urban Edge PropertiesPairCorr
  0.64WELL WelltowerPairCorr
  0.5EQIX EquinixPairCorr
  0.44AAT American Assets TrustPairCorr
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

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.