Extra Space Storage Inc (NYSE: EXR) is 5.01% higher on its value in year-to-date trading and has touched a low of $130.93 and a high of $184.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EXR stock was last observed hovering at around $153.42 in the last trading session, with the day’s gains setting it 3.67%.
Currently trading at $157.09, the stock is 0.95% and 3.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 2.39% at the moment leaves the stock -2.56% off its SMA200. EXR registered 9.68% gain for a year compared to 6-month loss of -11.21%.
The stock witnessed a 2.85% gain in the last 1 month and extending the period to 3 months gives it a -8.09%, and is 2.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.41% over the week and 1.97% over the month.
Extra Space Storage Inc (EXR) has around 8012 employees, a market worth around $34.77B and $3.26B in sales. Current P/E ratio is 38.96 and Fwd P/E is 32.30. Profit margin for the company is 26.20%. Distance from 52-week low is 19.98% and -15.01% from its 52-week high. The company has generated returns on investments over the last 12 months (3.25%).
The EPS is expected to grow by 13.09% this year
The shares outstanding are 212.00M, and float is at 209.15M with Short Float at 1.64%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 33.62 million shares valued at $5.23 billion. The investor’s holdings represent 15.9138 of the EXR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.14 million shares valued at $3.29 billion to account for 10.0076 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 19.59 million shares representing 9.2587 and valued at over $3.04 billion, while STATE STREET CORP holds 6.2216 of the shares totaling 13.16 million with a market value of $2.05 billion.
Extra Space Storage Inc (EXR) Insider Activity
A total of 0 insider transactions have happened at Extra Space Storage Inc (EXR) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Springer William N, the company’s EVP, Chief S & P Officer. SEC filings show that Springer William N sold 1,220 shares of the company’s common stock on Feb 28 ’25 at a price of $152.66 per share for a total of $0.19 million. Following the sale, the insider now owns 0.0 shares.
Extra Space Storage Inc disclosed in a document filed with the SEC on Feb 28 ’25 that Dickens Zachary T (EVP, Chief Investment Officer) sold a total of 80 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $152.66 per share for $12213.0. Following the transaction, the insider now directly holds 0.0 shares of the EXR stock.
Still, SEC filings show that on Feb 28 ’25, William N Springer (Officer) Proposed Sale 1,220 shares at an average price of $152.66 for $0.19 million. The insider now directly holds shares of Extra Space Storage Inc (EXR).
Extra Space Storage Inc (EXR): Who are the competitors?
One of the company’s main competitors (and peers) include Public Storage (PSA) that is trading 9.72% up over the past 12 months.Weyerhaeuser Co. (WY) lies in the list of competitors of the Extra Space Storage Inc and is -10.50% lower over the same period from EXRCubeSmart (CUBE) is -3.74% down on the 1-year trading charts.
