Shares of Extra Space Storage have moved 1.2% today, and are now trading at a price of $107.11. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,394,440 compared to the stock's average volume of 1,427,821.
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. Based in Salt Lake City, United States the company has 4,781 full time employees and a market cap of $23,403,663,360. Extra Space Storage currently offers its equity investors a dividend that yields 5.9% per year.
The company is now trading -29.72% away from its average analyst target price of $152.42 per share. The 12 analysts following the stock have set target prices ranging from $115.0 to $185.0, and on average give Extra Space Storage a rating of buy.
Over the last 12 months EXR shares have declined by -29.0%, which represents a difference of -44.0% when compared to the S&P 500. The stock's 52 week high is $170.3 per share and its 52 week low is $101.19. Based on Extra Space Storage's average net margin growth of 2.8% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 2,020,056 | 879,795 | 44 | -8.33 |
| 2022 | 1,924,170 | 921,156 | 48 | -14.29 |
| 2021 | 1,577,362 | 877,758 | 56 | 47.37 |
| 2020 | 1,356,212 | 517,582 | 38 | 11.76 |
| 2019 | 1,308,454 | 451,123 | 34 | -8.11 |
| 2018 | 1,196,604 | 447,080 | 37 |
