Shares of Real Estate sector company Extra Space Storage moved 8.9% today, and are now trading at a price of $128.08. The large-cap stock's daily volume was 996,280 compared to its average volume of 1,439,178. The S&P 500 index returned a 2.0% performance.
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. The company is based in Salt Lake City and has 4,781 full time employees. Its market capitalization is $27,984,455,680. Extra Space Storage currently offers its equity investors a dividend that yields 4.6% per year.
13 analysts are following Extra Space Storage and have set target prices ranging from $115.0 to $172.0 per share. On average, they have given the company a rating of hold. At today's prices, EXR is trading -8.06% away from its average analyst target price of $139.31 per share.
Over the last year, EXR shares have gone down by -16.0%, which represents a difference of -29.0% 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. With average free cash flows of $867.44 Million that have been growing at an average rate of 11.0% over the last 6 years, Extra Space Storage declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,227,279 | 70,007 | 1,157,272 | -1.6 |
| 2022 | 1,238,139 | 62,019 | 1,176,120 | 31.23 |
| 2021 | 952,436 | 56,226 | 896,210 | 27.31 |
| 2020 | 771,232 | 67,300 | 703,932 | 7.64 |
| 2019 | 707,686 | 53,717 | 653,969 | 5.97 |
| 2018 | 677,795 | 60,677 | 617,118 |
