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How to buy Extra Space Storage stock | $113.73
Own Extra Space Storage stock in just a few minutes.
Extra Space Storage Inc is a reit-industrial business based in the US. Extra Space Storage shares (EXR) are listed on the NYSE and all prices are listed in US Dollars. Extra Space Storage employs 4,048 staff and has a trailing 12-month revenue of around USD$1.4 billion.
How to buy shares in Extra Space Storage
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Extra Space Storage. Find the stock by name or ticker symbol: EXR. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Extra Space Storage reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$113.73, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Extra Space Storage, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Extra Space Storage. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- EXR shares summary
- Compare share dealing platforms
- Is EXR stock a buy or sell?
- Stock performance over time
- Can I short EXR shares?
- Is EXR suitable for ethical investing?
- Are EXR shares over-valued?
- Extra Space Storage's financials
- How volatile are EXR shares?
- Does Extra Space Storage pay a dividend?
- Other common questions
Extra Space Storage share price
Use our graph to track the performance of EXR stocks over time.Extra Space Storage shares at a glance
Information last updated 2020-12-27.
| Latest market close | USD$113.73 |
|---|---|
| 52-week range | USD$70.8399 - USD$120.0831 |
| 50-day moving average | USD$113.1347 |
| 200-day moving average | USD$106.8701 |
| Wall St. target price | USD$123.17 |
| PE ratio | 33.9638 |
| Dividend yield | USD$3.6 (3.15%) |
| Earnings per share (TTM) | USD$3.368 |
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Is it a good time to buy Extra Space Storage stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Extra Space Storage price performance over time
Historical closes compared with the close of $113.73 from 2020-10-19
| 1 week (2021-01-08) | 1.50% |
|---|---|
| 1 month (2020-12-16) | 2.39% |
| 3 months (2020-10-16) | -0.79% |
| 6 months (2020-07-16) | 17.61% |
| 1 year (2020-01-16) | 2.54% |
|---|---|
| 2 years (2019-01-16) | 23.61% |
| 3 years (2018-01-16) | 37.50% |
| 5 years (2016-01-15) | 32.20% |
Is Extra Space Storage under- or over-valued?
Valuing Extra Space Storage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Extra Space Storage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Extra Space Storage's P/E ratio
Extra Space Storage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Extra Space Storage shares trade at around 34x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Extra Space Storage's PEG ratio
Extra Space Storage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 20.8043. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Extra Space Storage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Extra Space Storage's EBITDA
Extra Space Storage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$876 million.
The EBITDA is a measure of a Extra Space Storage's overall financial performance and is widely used to measure a its profitability.
Extra Space Storage financials
| Revenue TTM | USD$1.4 billion |
|---|---|
| Operating margin TTM | 48.16% |
| Gross profit TTM | USD$979.4 million |
| Return on assets TTM | 4.78% |
| Return on equity TTM | 16.62% |
| Profit margin | 32.28% |
| Book value | $18.508 |
| Market capitalisation | USD$14.8 billion |
TTM: trailing 12 months
Shorting Extra Space Storage shares
There are currently 2.9 million Extra Space Storage shares held short by investors – that's known as Extra Space Storage's "short interest". This figure is 2.8% down from 3.0 million last month.
There are a few different ways that this level of interest in shorting Extra Space Storage shares can be evaluated.
Extra Space Storage's "short interest ratio" (SIR)
Extra Space Storage's "short interest ratio" (SIR) is the quantity of Extra Space Storage shares currently shorted divided by the average quantity of Extra Space Storage shares traded daily (recently around 903669.3498452). Extra Space Storage's SIR currently stands at 3.23. In other words for every 100,000 Extra Space Storage shares traded daily on the market, roughly 3230 shares are currently held short.
However Extra Space Storage's short interest can also be evaluated against the total number of Extra Space Storage shares, or, against the total number of tradable Extra Space Storage shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Extra Space Storage's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Extra Space Storage shares in existence, roughly 20 shares are currently held short) or 0.0324% of the tradable shares (for every 100,000 tradable Extra Space Storage shares, roughly 32 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Extra Space Storage.
Find out more about how you can short Extra Space Storage stock.
Extra Space Storage's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Extra Space Storage.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Extra Space Storage's total ESG risk score
Total ESG risk: 13.92
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Extra Space Storage's overall score of 13.92 (as at 01/01/2019) is excellent – landing it in it in the 5th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Extra Space Storage is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Extra Space Storage's environmental score
Environmental score: 3/100
Extra Space Storage's environmental score of 3 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Extra Space Storage is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Extra Space Storage's social score
Social score: 3.14/100
Extra Space Storage's social score of 3.14 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Extra Space Storage is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Extra Space Storage's governance score
Governance score: 2.78/100
Extra Space Storage's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Extra Space Storage is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Extra Space Storage's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Extra Space Storage scored a 1 out of 5 for controversy – the highest score possible, reflecting that Extra Space Storage has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Extra Space Storage Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 13.92 |
|---|---|
| Total ESG percentile | 5.2 |
| Environmental score | 3 |
| Environmental score percentile | 1 |
| Social score | 3.14 |
| Social score percentile | 1 |
| Governance score | 2.78 |
| Governance score percentile | 1 |
| Level of controversy | 1 |
Extra Space Storage share dividends
Dividend payout ratio: 71.29% of net profits
Recently Extra Space Storage has paid out, on average, around 71.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Extra Space Storage shareholders could enjoy a 3.15% return on their shares, in the form of dividend payments. In Extra Space Storage's case, that would currently equate to about $3.6 per share.
Extra Space Storage's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Extra Space Storage's most recent dividend payout was on 31 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").
Extra Space Storage share price volatility
Over the last 12 months, Extra Space Storage's shares have ranged in value from as little as $70.8399 up to $120.0831. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Extra Space Storage's is 0.1701. This would suggest that Extra Space Storage's shares are less volatile than average (for this exchange).
Extra Space Storage overview
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
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