NYSE
EXR

Extra Space Storage Inc

REIT-Industrial
Real Estate

Prices are adjusted according to historical splits.

Extra Space Storage Inc Stock Price

Vitals

Today's Low:
$125.395
Today's High:
$126.91
Open Price:
$126.28
52W Low:
$138.5311
52W High:
$210.6306
Prev. Close:
$126.79
Volume:
909906

Company Statistics

Market Cap.:
$20.55 billion
Book Value:
24.097
Revenue TTM:
$2.03 billion
Operating Margin TTM:
54.71%
Gross Profit TTM:
$1.52 billion
Profit Margin:
42.12%
Return on Assets TTM:
6.1%
Return on Equity TTM:
23.07%

Company Profile

Extra Space Storage Inc had its IPO on 2004-08-12 under the ticker symbol EXR.

The company operates in the Real Estate sector and REIT-Industrial industry. Extra Space Storage Inc has a staff strength of 4,781 employees.

Stock update

Shares of Extra Space Storage Inc opened at $126.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $125.4 - $126.91, and closed at $126.8.

This is a +0.01% increase from the previous day's closing price.

A total volume of 909,906 shares were traded at the close of the day’s session.

In the last one week, shares of Extra Space Storage Inc have slipped by -1.58%.

Extra Space Storage Inc's Key Ratios

Extra Space Storage Inc has a market cap of $20.55 billion, indicating a price to book ratio of 6.4275 and a price to sales ratio of 11.6068.

In the last 12-months Extra Space Storage Inc’s revenue was $2.03 billion with a gross profit of $1.52 billion and an EBITDA of $1.40 billion. The EBITDA ratio measures Extra Space Storage Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Extra Space Storage Inc’s operating margin was 54.71% while its return on assets stood at 6.1% with a return of equity of 23.07%.

In Q1, Extra Space Storage Inc’s quarterly earnings growth was a negative -3.9% while revenue growth was a positive 13.4%.

Extra Space Storage Inc’s PE and PEG Ratio

Forward PE
24.6914
Trailing PE
22.3246
PEG
4.209

Its diluted EPS in the last 12-months stands at $6.47 per share while it has a forward price to earnings multiple of 24.6914 and a PEG multiple of 4.209. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Extra Space Storage Inc’s profitability.

Extra Space Storage Inc stock is trading at a EV to sales ratio of 15.1957 and a EV to EBITDA ratio of 19.1034. Its price to sales ratio in the trailing 12-months stood at 11.6068.

Extra Space Storage Inc stock pays annual dividends of $6.12 per share, indicating a yield of 4.52% and a payout ratio of 99.52%.

Balance sheet and cash flow metrics

Total Assets
$12.13 billion
Total Liabilities
$340.94 million
Operating Cash Flow
$-86339000.00
Capital Expenditure
$67.99 million
Dividend Payout Ratio
99.52%

Extra Space Storage Inc ended 2024 with $12.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.13 billion while shareholder equity stood at $3.25 billion.

Extra Space Storage Inc ended 2024 with $0 in deferred long-term liabilities, $340.94 million in other current liabilities, 1350000.00 in common stock, $-159556000.00 in retained earnings and $170.81 million in goodwill. Its cash balance stood at $47.95 million and cash and short-term investments were $47.95 million. The company’s total short-term debt was $94,500,000 while long-term debt stood at $7.24 billion.

Extra Space Storage Inc’s total current assets stands at $47.95 million while long-term investments were $1.46 billion and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $178.16 million and inventory worth $0.

In 2024, Extra Space Storage Inc's operating cash flow was $-86339000.00 while its capital expenditure stood at $67.99 million.

Comparatively, Extra Space Storage Inc paid $1.00 in dividends in 2024.

Other key metrics

Current Trading Price
$126.8
52-Week High
$210.6306
52-Week Low
$138.5311
Analyst Target Price
$170.5

Extra Space Storage Inc stock is currently trading at $126.8 per share. It touched a 52-week high of $210.6306 and a 52-week low of $210.6306. Analysts tracking the stock have a 12-month average target price of $170.5.

Its 50-day moving average was $136.75 and 200-day moving average was $146.83 The short ratio stood at 10.53 indicating a short percent outstanding of 0%.

Around 155.4% of the company’s stock are held by insiders while 9823.2% are held by institutions.

Frequently Asked Questions About Extra Space Storage Inc

The stock symbol (also called stock or share ticker) of Extra Space Storage Inc is EXR

The IPO of Extra Space Storage Inc took place on 2004-08-12

Similar Industry Stocks (REIT-Industrial)

Last Price
Chg
Chg%
$13.35
0.03
+0.23%
$9.1
0.2
+2.25%
$1.06
0
0%
Beardsell Limited (BEARDSELL)
$34.2
-1.75
-4.87%
$809.15
-30.85
-3.67%
$158.95
-3.55
-2.18%
South32 ADR (SOUHY)
$10.48
0.13
+1.26%
$0.34
0.04
+12.23%
$568.1
-42.55
-6.97%
Apollo Tyres Limited (APOLLOTYRE)
$381.2
-2.4
-0.63%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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 December 31, 2022, the Company owned and/or operated 2,338 self-storage stores in 41 states and Washington, D.C. The Company’s stores comprise approximately 1.6 million units and approximately 176.1 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

Address

2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121