Extra Space Storage Inc (NYSE: EXR) is -0.88% lower on its value in year-to-date trading and has touched a low of $121.03 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 $146.52 in the last trading session, with the day’s gains setting it 1.76%.
Currently trading at $148.28, the stock is 6.66% and 1.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 1.20% at the moment leaves the stock -7.05% off its SMA200. EXR registered 8.01% gain for a year compared to 6-month loss of -11.43%. The firm has a 50-day simple moving average (SMA 50) of $145.9468 and a 200-day simple moving average (SMA200) of $159.55965.
The stock witnessed a 0.30% gain in the last 1 month and extending the period to 3 months gives it a -4.16%, and is 4.53% 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 2.35% over the week and 3.74% over the month.
Extra Space Storage Inc (EXR) has around 8012 employees, a market worth around $32.86B and $3.28B in sales. Current P/E ratio is 34.46 and Fwd P/E is 32.43. Profit margin for the company is 27.81%. Distance from 52-week low is 22.52% and -19.77% from its 52-week high. The company has generated returns on investments over the last 12 months (3.36%).
with sales reaching $717.27M over the same period.The EPS is expected to grow by 7.56% this year, but quarterly earnings will post 2.68% year-over-year. Quarterly sales are estimated to grow 2.89% in year-over-year returns.
1133.0 institutions hold shares in Extra Space Storage Inc (EXR), with institutional investors hold 93.64% of the company’s shares. The shares outstanding are 212.23M, and float is at 209.31M with Short Float at 1.49%. Institutions hold 92.75% 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 15.8912 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 9.9934 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 Margolis Joseph D, the company’s Chief Executive Officer. SEC filings show that Margolis Joseph D sold 7,500 shares of the company’s common stock on Apr 01 ’25 at a price of $147.45 per share for a total of $1.11 million. Following the sale, the insider now owns 9190.0 shares.
Still, SEC filings show that on Mar 13 ’25, Bonner Joseph J (Director) disposed off 672 shares at an average price of $149.10 for $0.1 million. The insider now directly holds 4,557 shares of Extra Space Storage Inc (EXR).
