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As of close of business last night, Extra Space Storage Inc.’s stock clocked out at $133.28, up 0.41% from its previous closing price of $132.74. In other words, the price has increased by $0.41 from its previous closing price. On the day, 1.16 million shares were traded. EXR stock price reached its highest trading level at $135.08 during the session, while it also had its lowest trading level at $132.6.
Ratios:
To gain a deeper understanding of EXR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 284.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.92. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.74.
On March 27, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $157.
On February 13, 2024, Scotiabank started tracking the stock assigning a Sector Underperform rating and target price of $131.Scotiabank initiated its Sector Underperform rating on February 13, 2024, with a $131 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when McNeal Gwyn Goodson sold 1,350 shares for $150.00 per share. The transaction valued at 202,500 led to the insider holds 35,678 shares of the business.
McNeal Gwyn Goodson sold 1,350 shares of EXR for $195,750 on Mar 07 ’24. The EVP/Chief Legal Officer now owns 37,028 shares after completing the transaction at $145.00 per share. On Mar 04 ’24, another insider, Sondhi Samrat, who serves as the Executive VP and CMO of the company, sold 2,048 shares for $146.46 each. As a result, the insider received 299,950 and left with 94,126 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXR now has a Market Capitalization of 29166329856 and an Enterprise Value of 40384086016. As of this moment, Extra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.22, and their Forward P/E ratio for the next fiscal year is 29.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.01 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 15.443 whereas that against EBITDA is 22.531.
Stock Price History:
Over the past 52 weeks, EXR has reached a high of $164.99, while it has fallen to a 52-week low of $101.19. The 50-Day Moving Average of the stock is -6.35%, while the 200-Day Moving Average is calculated to be -1.92%.
Shares Statistics:
It appears that EXR traded 1.15M shares on average per day over the past three months and 1124270 shares per day over the past ten days. A total of 211.28M shares are outstanding, with a floating share count of 209.30M. Insiders hold about 1.07% of the company’s shares, while institutions hold 100.57% stake in the company. Shares short for EXR as of 1711584000 were 3882542 with a Short Ratio of 3.38, compared to 1709164800 on 4335512. Therefore, it implies a Short% of Shares Outstanding of 3882542 and a Short% of Float of 1.8499999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 6.48, EXR has a forward annual dividend rate of 6.48. Against a Trailing Annual Dividend Yield of 0.048817236The stock’s 5-year Average Dividend Yield is 3.21.
Earnings Estimates
Currently, 7.0 analysts are dedicated to thoroughly evaluating and rating the performance of Extra Space Storage Inc. (EXR) in the stock market.On average, analysts expect EPS of $0.99 for the current quarter, with a high estimate of $1.03 and a low estimate of $0.93, while EPS last year was $1.37. The consensus estimate for the next quarter is $1.05, with high estimates of $1.09 and low estimates of $0.99.
Analysts are recommending an EPS of between $5.44 and $3.98 for the fiscal current year, implying an average EPS of $4.37. EPS for the following year is $4.84, with 9.0 analysts recommending between $5.73 and $4.23.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $703.92M. It ranges from a high estimate of $789.13M to a low estimate of $580.21M. As of the current estimate, Extra Space Storage Inc.’s year-ago sales were $433.96MFor the next quarter, 9 analysts are estimating revenue of $716.56M. There is a high estimate of $804.84M for the next quarter, whereas the lowest estimate is $594.37M.
A total of 13 analysts have provided revenue estimates for EXR’s current fiscal year. The highest revenue estimate was $3.24B, while the lowest revenue estimate was $2.36B, resulting in an average revenue estimate of $2.92B. In the same quarter a year ago, actual revenue was $2.22BBased on 13 analysts’ estimates, the company’s revenue will be $3.03B in the next fiscal year. The high estimate is $3.41B and the low estimate is $2.43B.
