How to buy Extra Space Storage stock
Learn how to easily invest in Extra Space Storage stock.
Extra Space Storage 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 4,781 staff and has a trailing 12-month revenue of around $2.1 billion.
How to buy Extra Space Storage stock
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- Search for the stock name – EXR. Search for the stock by name or ticker symbol.
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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
|Latest market close||$124.06|
|52-week range||$123.06 - $173.23|
|50-day moving average||$134.61|
|200-day moving average||$148.75|
|Wall St. target price||$154.67|
|Dividend yield||$6.24 (1.93%)|
|Earnings per share (TTM)||$6.11|
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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
|1 week (2023-09-18)||-2.01%|
|1 month (2023-08-25)||-3.03%|
|3 months (2023-06-23)||-12.61%|
|6 months (2023-03-21)||N/A|
|1 year (2022-09-22)||-28.91%|
|2 years (2021-09-24)||-28.13%|
|3 years (2020-09-25)||21.11%|
|5 years (2018-09-25)||57.53%|
Is Extra Space Storage stock undervalued or overvalued?
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 21x. In other words, Extra Space Storage shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 4.209. 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 $1.4 billion.
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||$2.1 billion|
|Operating margin TTM||54.39%|
|Gross profit TTM||$1.5 billion|
|Return on assets TTM||6%|
|Return on equity TTM||22.19%|
|Market Capitalization||$27.9 billion|
TTM: trailing 12 months
Extra Space Storage share dividends
Dividend payout ratio: 79.28% of net profits
Recently Extra Space Storage has paid out, on average, around 79.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.93% 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 1.93% return on their shares, in the form of dividend payments. In Extra Space Storage's case, that would currently equate to about $6.24 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 28 September 2023. The latest dividend was paid out to all shareholders who bought their shares by 13 September 2023 (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 $123.0648 up to $173.2256. 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 0.5723. 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 June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D. C. The Company's stores comprise approximately 1. 7 million units and approximately 184. 0 million square feet of rentable space.
Extra Space Storage in the news
3 Top Stock Picks to Play the Rental Market Boom
3 Blue-Chip Stocks That Should Be on Every Investor's Radar This Fall
Extra Space Storage (EXR) Hurt by Move-Out Activity, High Rates
Frequently asked questionsWhat percentage of Extra Space Storage is owned by insiders or institutions?
Currently 1.049% of Extra Space Storage shares are held by insiders and 63.102% by institutions. How many people work for Extra Space Storage?
Latest data suggests 4,781 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: US30225Y1028 What is Extra Space Storage's CUSIP number?
Extra Space Storage's Committee on Uniform Securities Identification Procedures number is: 30225T102
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