Extra Space Storage Inc (NYSE: EXR) is 0.05% higher 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 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 $149.93 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $149.67, the stock is 0.56% and 3.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.17% at the moment leaves the stock -5.16% off its SMA200. EXR registered 3.46% gain for a year compared to 6-month loss of -12.43%. The firm has a 50-day simple moving average (SMA 50) of $144.558 and a 200-day simple moving average (SMA200) of $157.8292.
The stock witnessed a 0.19% gain in the last 1 month and extending the period to 3 months gives it a -4.72%, and is 0.79% 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 1.35% over the week and 1.49% over the month.
Extra Space Storage Inc (EXR) has around 8012 employees, a market worth around $33.17B and $3.28B in sales. Current P/E ratio is 34.79 and Fwd P/E is 31.39. Profit margin for the company is 27.79%. Distance from 52-week low is 23.66% and -19.02% from its 52-week high. The company has generated returns on investments over the last 12 months (3.42%).
The EPS is expected to grow by 14.77% this year
1164.0 institutions hold shares in Extra Space Storage Inc (EXR), with institutional investors hold 100.70% of the company’s shares. The shares outstanding are 212.23M, and float is at 209.28M with Short Float at 1.76%. Institutions hold 99.72% 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).