Extra Space Storage Inc (NYSE: EXR) is -3.08% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EXR stock was last observed hovering at around $144.50 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $144.99, the stock is -5.82% and -5.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 0.34% at the moment leaves the stock -10.15% off its SMA200. EXR registered -3.63% loss for a year compared to 6-month loss of -17.59%. The firm has a 50-day simple moving average (SMA 50) of $152.8396 and a 200-day simple moving average (SMA200) of $161.40555.
The stock witnessed a -6.34% gain in the last 1 month and extending the period to 3 months gives it a -9.57%, and is -7.81% down 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 3.04% over the week and 2.44% over the month.
Extra Space Storage Inc (EXR) has around 8012 employees, a market worth around $32.09B and $3.26B in sales. Current P/E ratio is 35.96 and Fwd P/E is 31.11. Profit margin for the company is 26.20%. Distance from 52-week low is 10.74% and -21.55% from its 52-week high. The company has generated returns on investments over the last 12 months (3.25%).
with sales reaching $705.12M over the same period.The EPS is expected to grow by 9.32% this year, but quarterly earnings will post 2.18% year-over-year. Quarterly sales are estimated to grow 2.48% in year-over-year returns.
Extra Space Storage Inc (EXR) Top Institutional Holders
1135.0 institutions hold shares in Extra Space Storage Inc (EXR), with institutional investors hold 94.05% of the company’s shares. The shares outstanding are 212.00M, and float is at 209.08M with Short Float at 1.35%. Institutions hold 93.04% of the Float.
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
The most recent transaction is an insider sale by Bonner Joseph J, the company’s Director. SEC filings show that Bonner Joseph J sold 672 shares of the company’s common stock on Mar 13 ’25 at a price of $149.10 per share for a total of $0.1 million. Following the sale, the insider now owns 4557.0 shares.
Still, SEC filings show that on Feb 28 ’25, Springer William N (EVP, Chief S & P Officer) disposed off 1,220 shares at an average price of $152.66 for $0.19 million. The insider now directly holds 0 shares of Extra Space Storage Inc (EXR).
