EXR

Critical Analysis – Extra Space Storage Stock Report

Shares of Extra Space Storage have moved -0.2% today, and are now trading at a price of $156.57. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,284,209 compared to the stock's average volume of 1,024,234.

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 7,618 full time employees and a market cap of $34,516,951,040. Extra Space Storage currently offers its equity investors a dividend that yields 4.1% per year.

The company is now trading 0.28% away from its average analyst target price of $156.13 per share. The 15 analysts following the stock have set target prices ranging from $140.0 to $180.0, and on average give Extra Space Storage a rating of hold.

Over the last 52 weeks, EXR stock has risen 8.9%, which amounts to a -14.9% difference compared to the S&P 500. The stock's 52 week high is $164.99 whereas its 52 week low is $101.19 per share. With its net margins declining an average -1.8% over the last 6 years, Extra Space Storage may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 2,560,244 803,198 31 -31.11
2022 1,924,170 860,688 45 -13.46
2021 1,577,362 827,649 52 44.44
2020 1,356,212 481,779 36 12.5
2019 1,308,454 419,967 32 -8.57
2018 1,196,604 415,289 35
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.

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