What Extra Space Storage Investors Should Keep in Mind

Extra Space Storage sank -3.5% this afternoon, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

  • Extra Space Storage has logged a 1.5% 52 week change, compared to 28.0% for the S&P 500

  • EXR has an average analyst rating of hold and is -7.44% away from its mean target price of $156.67 per share

  • Its trailing earnings per share (EPS) is $4.28, which brings its trailing Price to Earnings (P/E) ratio to 33.9. The Real Estate sector's average P/E ratio is 25.55

  • The company's forward earnings per share (EPS) is $4.95 and its forward P/E ratio is 29.3

  • The company has a Price to Book (P/B) ratio of 2.15 in contrast to the Real Estate sector's average P/B ratio is 2.1

  • EXR has reported YOY quarterly earnings growth of -30.9% and gross profit margins of 0.7%

  • The company's free cash flow for the last fiscal year was $1.3 Billion and the average free cash flow growth rate is 15.4%

  • Extra Space Storage's revenues have an average growth rate of 15.4% with operating expenses growing at 16.7%. The company's current operating margins stand at 45.7%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.