How to buy Extra Space Storage stock | $185.93

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 4,013 staff and has a trailing 12-month revenue of around 0.00.

Extra Space Storage stock price (NYSE: EXR)

Use our graph to track the performance of EXR stocks over time.

Extra Space Storage shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$185.93
52-week range	$103.29 - $193.36
50-day moving average	$179.61
200-day moving average	$164.03
Wall St. target price	$196.57
PE ratio	37.5323
Dividend yield	$3.8 (2.07%)
Earnings per share (TTM)	$4.88

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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 $185.93 from 2021-10-22

1 week (2021-10-15)	1.62%
1 month (2021-09-24)	7.72%
3 months (2021-07-23)	8.47%
6 months (2021-04-23)	26.02%

1 year (2020-10-23)	56.69%
2 years (2019-10-24)	60.91%
3 years (2018-10-24)	111.91%
5 years (2016-10-24)	147.61%

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 38x. In other words, Extra Space Storage shares trade at around 38x 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 7.4636. 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 $978.5 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	$1.5 billion
Operating margin TTM	51.01%
Gross profit TTM	$1 billion
Return on assets TTM	5.2%
Return on equity TTM	22.41%
Profit margin	43.71%
Book value	$22.18
Market capitalisation	$24.5 billion

TTM: trailing 12 months

Shorting Extra Space Storage shares

There are currently 2.4 million Extra Space Storage shares held short by investors – that's known as Extra Space Storage's "short interest". This figure is 8.9% down from 2.6 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 695715.02890173). Extra Space Storage's SIR currently stands at 3.46. In other words for every 100,000 Extra Space Storage shares traded daily on the market, roughly 3460 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 0.0183% of the tradable shares (for every 100,000 tradable Extra Space Storage shares, roughly 18 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 12/31/2018) 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: 69.98% of net profits

Recently Extra Space Storage has paid out, on average, around 69.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.73% 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 2.73% return on their shares, in the form of dividend payments. In Extra Space Storage's case, that would currently equate to about $3.8 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 29 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 September 2021 (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 $103.2944 up to $193.3649. 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 0.2667. 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.

Frequently asked questions

What percentage of Extra Space Storage is owned by insiders or institutions?
Currently 2.138% of Extra Space Storage shares are held by insiders and 100.084% by institutions. How many people work for Extra Space Storage?
Latest data suggests 4,013 work at Extra Space Storage. When does the fiscal year end for Extra Space Storage?
Extra Space Storage's fiscal year ends in December. Where is Extra Space Storage based?
Extra Space Storage's address is: 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121 What is Extra Space Storage's ISIN number?
Extra Space Storage's international securities identification number is: US30225T1025 What is Extra Space Storage's CUSIP number?
Extra Space Storage's Committee on Uniform Securities Identification Procedures number is: 30225T102