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Extra Space Storage (EXR)
NYSE:EXR
Holding EXR?
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EXR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$101.19 - $184.87
Previous Close$181.34
Volume1.77M
Average Volume (3M)916.44K
Market Cap
$39.07B
Enterprise Value$52.60B
Total Cash (Recent Filing)$76.97M
Total Debt (Recent Filing)$11.72B
Price to Earnings (P/E)47.4
Beta1.15
Next Earnings
Oct 29, 2024EPS Estimate
$1.12Last Dividend Ex-Date
Sep 16, 2024Dividend Yield3.56%
Share Statistics
EPS (TTM)3.83
Shares Outstanding211,928,695
10 Day Avg. Volume1,196,903
30 Day Avg. Volume916,442
Standard Deviation0.09
R-Squared0.25
Alpha0.00236
Financial Highlights & Ratios
Price to Book (P/B)2.71
Price to Sales (P/S)12.23
Price to Cash Flow (P/CF)17.70
P/FCF Ratio16.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.67
Enterprise Value/Gross Profit27.84
Enterprise Value/Ebitda24.37
Forecast
1Y Price Target
$177.00Price Target Upside-0.08% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Extra Space Storage News
Bulls Say, Bears Say
Bulls Say
Earnings2Q24 results beat consensus expectations.
Financial PerformanceEXR raised the low-end of its 2024 core FFO guidance, with the new midpoint above consensus estimates.
GrowthManagement noted that EXR continues to realize G&A savings, higher third-party property management fees, as well as stronger than expected tenant insurance income as the portfolio grows larger.
Bears Say
Customer RetentionNewly acquired LSI customers may not be as loyal as the legacy customers, posing a retention risk.
DemandFading hope for improvement in demand for storage could impact future performance.
PricingMove-in rents fell as new customers remained price sensitive, indicating weak pricing power.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
EXR FAQ
What was Extra Space Storage’s price range in the past 12 months?
Extra Space Storage lowest stock price was $101.19 and its highest was $184.87 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 Oct 29, 2024 which is in 33 days.
How were Extra Space Storage’s earnings last quarter?
Extra Space Storage released its earnings results on Jul 30, 2024. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.034 by -$0.154.
Is Extra Space Storage overvalued?
According to Wall Street analysts Extra Space Storage’s price is currently Overvalued.
Does Extra Space Storage pay dividends?
Extra Space Storage pays a Notavailable dividend of $1.62 which represents an annual dividend yield of 3.56%. See more information on Extra Space Storage dividends here
What is Extra Space Storage’s EPS estimate?
Extra Space Storage’s EPS estimate is $1.12.
How many shares outstanding does Extra Space Storage have?
Extra Space Storage has 211,928,700 shares outstanding.
What happened to Extra Space Storage’s price movement after its last earnings report?
Extra Space Storage reported an EPS of $0.88 in its last earnings report, missing expectations of $1.034. Following the earnings report the stock price went down -2.129%.
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 461M.
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Extra Space Storage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$177.00 (-0.08% Downside)
$177.00 (-0.08% Downside)
Blogger Sentiment
Bullish
EXR Sentiment 93%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 281.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.39%
12-Months-Change
Fundamentals
Return on Equity
9.20%
Trailing 12-Months
Asset Growth
124.51%
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
Q2 2024
0:00 / 0:00
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EXR Stock 12 Month Forecast
Average Price Target
$177.00
▼(-0.08% Downside)
Technical Analysis
Best Analysts Covering EXR
1 Year
1 Year Success Rate
18/22 ratings generated profit
1 Year Average Return
+18.01%
reiterated a buy rating 2 months ago
Copying Jonathan Hughes's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +18.01% per trade.
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