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Extra Space Storage (EXR)
NYSE:EXR
Extra Space Storage (EXR) Stock Price & Analysis
723 Followers
EXR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$98.97 - $163.18
Previous Close$141.87
Volume1.07M
Average Volume (3M)1.20M
Market Cap
$31.29B
Enterprise Value$43.47B
Total Cash (Recent Filing)$99.06M
Total Debt (Recent Filing)$11.25B
Price to Earnings (P/E)31.9
Beta1.16
Next Earnings
Jul 31, 2024EPS Estimate
$1.04Last Dividend Ex-Date
Mar 14, 2024Dividend Yield4.57%
Share Statistics
EPS (TTM)4.45
Shares Outstanding211,574,552
10 Day Avg. Volume1,272,440
30 Day Avg. Volume1,198,933
Standard Deviation0.09
R-Squared0.21
Alpha0.00305
Financial Highlights & Ratios
Price to Book (P/B)2.11
Price to Sales (P/S)11.72
Price to Cash Flow (P/CF)20.60
P/FCF Ratio161.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.98
Enterprise Value/Gross Profit22.31
Enterprise Value/Ebitda26.83
Forecast
1Y Price Target
$152.50Price Target Upside6.88% Upside
Rating ConsensusHold
Number of Analyst Covering9
Extra Space Storage News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOverall results were better than expected.
Operational StrengthEXR noted strong rental activity YTD with SS occupancy up Y/Y, along with muted vacates.
Strategic Financial ManagementMajor increase to bridge loan program, providing a natural hedge against variable rate debt exposure.
Bears Say
Earnings GuidanceThe company's FFO/sh guide underperformance may lead to the shares underperforming in the market.
Financial PerformanceIncreased SOFR outlook leading to higher interest expense, negatively impacts the company's financial position.
Revenue Growth ConcernSame-store revenue trends expected to be negative with move-in rates declining, signaling potential revenue challenges ahead.
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Ownership Overview
1.77% Insiders
42.46% Mutual Funds
28.27% Other Institutional Investors
27.49% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EXR FAQ
What was Extra Space Storage’s price range in the past 12 months?
Extra Space Storage lowest stock price was $98.97 and its highest was $163.18 in the past 12 months.
What is Extra Space Storage’s market cap?
Currently, no data Available
When is Extra Space Storage’s upcoming earnings report date?
Extra Space Storage’s upcoming earnings report date is Jul 31, 2024 which is in 84 days.
How were Extra Space Storage’s earnings last quarter?
Extra Space Storage released its earnings results on Apr 30, 2024. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.02.
Is Extra Space Storage overvalued?
According to Wall Street analysts Extra Space Storage’s price is currently Undervalued.
Does Extra Space Storage pay dividends?
Extra Space Storage pays a Notavailable dividend of $1.62 which represents an annual dividend yield of 4.57%. See more information on Extra Space Storage dividends here
What is Extra Space Storage’s EPS estimate?
Extra Space Storage’s EPS estimate is $1.04.
How many shares outstanding does Extra Space Storage have?
Extra Space Storage has 211,658,810 shares outstanding.
What happened to Extra Space Storage’s price movement after its last earnings report?
Extra Space Storage reported an EPS of $1.01 in its last earnings report, beating expectations of $0.99. Following the earnings report the stock price went up 3.292%.
Which hedge fund is a major shareholder of Extra Space Storage?
Among the largest hedge funds holding Extra Space Storage’s share is Diamond Hill Capital Management Inc. It holds Extra Space Storage’s shares valued at 338M.
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Extra Space Storage Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$152.50 (6.88% Upside)
$152.50 (6.88% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 95%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 643.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $398.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.76%
12-Months-Change
Fundamentals
Return on Equity
9.33%
Trailing 12-Months
Asset Growth
126.50%
Trailing 12-Months
Company Description
Extra Space Storage
Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rents The Tenant Reinsurance segment consists of reinsurance of risks relating to the loss of good stored by tenants in the firm's stores. The company was founded by Kenneth Musser Woolley on April 30, 2004 and is headquartered in Salt Lake City, UT.
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EXR Earnings Call
Q1 2024
0:00 / 0:00
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EXR Stock 12 Months Forecast
Average Price Target
$152.50
▲(6.88% Upside)
Technical Analysis
Best Analysts Covering EXR
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+13.74%
reiterated a buy rating last month
Copying Jonathan Hughes's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +13.74% per trade.
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