Extra Space Storage Stock Today

EXR Stock  USD 174.74  1.16  0.67%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 24

 
High
 
Low
Low
Extra Space is selling at 174.74 as of the 10th of September 2024; that is 0.67 percent increase since the beginning of the trading day. The stock's lowest day price was 172.71. Extra Space has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Note, on May 14, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Extra Space Storage's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
12th of August 2004
Category
Real Estate
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the SP 500. The Company is the second largest owner andor operator of self-storage stores in the United States and is the largest self-storage management company in the United States. The company has 211.93 M outstanding shares of which 3.88 M shares are currently shorted by investors with about 3.97 days to cover. More on Extra Space Storage

Moving together with Extra Stock

  0.89O Realty IncomePairCorr
  0.9FR First Industrial RealtyPairCorr
  0.82HR Healthcare Realty TrustPairCorr

Moving against Extra Stock

  0.7WHLR Wheeler Real Estate TrendingPairCorr
  0.34AHT Ashford Hospitality TrustPairCorr
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Extra Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJoseph Margolis
Business ConcentrationSelf-Storage REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, Real Estate, Specialized REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0960.0932
Fairly Up
Pretty Stable
Gross Profit Margin0.580.9786
Way Down
Pretty Stable
Net Debt11.9 B11.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.1 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.5 B11 B
Sufficiently Up
Slightly volatile
Total Assets28.8 B27.5 B
Sufficiently Up
Slightly volatile
Total Current Assets976.2 M929.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Extra Space can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Extra Space's financial leverage. It provides some insight into what part of Extra Space's total assets is financed by creditors.
Liquidity
Extra Space Storage has 11.4 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. Extra Space Storage has a current ratio of 2.54, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Extra to invest in growth at high rates of return.

Net Income

842.07 Million
Extra Space Storage (EXR) is traded on New York Stock Exchange in USA. It is located in 2795 East Cottonwood Parkway, Salt Lake City, UT, United States, 84121-7033 and employs 7,618 people. Extra Space is listed under Self-Storage REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 38.54 B. Extra Space Storage runs under Specialized REITs sector within Real Estate industry. The entity has 211.93 M outstanding shares of which 3.88 M shares are currently shorted by investors with about 3.97 days to cover. Extra Space Storage has about 92.87 M in cash with 1.4 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Extra Space Probability Of Bankruptcy
Ownership Allocation
Extra Space holds a total of 211.93 Million outstanding shares. The majority of Extra Space Storage outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Extra Space Storage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Extra Space. Please pay attention to any change in the institutional holdings of Extra Space Storage as this could imply that something significant has changed or is about to change at the company. Also note that almost eight hundred twenty-six thousand five hundred twenty-three invesors are currently shorting Extra Space expressing very little confidence in its future performance.
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Extra Stock Institutional Holders

InstituionRecorded OnShares
Massachusetts Financial Services Company2024-06-30
3.5 M
Dimensional Fund Advisors, Inc.2024-06-30
3.1 M
Fmr Inc2024-06-30
3.1 M
Diamond Hill Capital Management Inc2024-06-30
M
Legal & General Group Plc2024-06-30
2.8 M
Boston Partners Global Investors, Inc2024-06-30
2.7 M
Apg Investments Us Inc2024-06-30
2.6 M
Daiwa Securities Group Inc2024-03-31
2.4 M
Centersquare Investment Management Llc2024-06-30
2.4 M
Vanguard Group Inc2024-06-30
33.6 M
Blackrock Inc2024-06-30
21.1 M
View Extra Space Diagnostics

Extra Space Historical Income Statement

At this time, Extra Space's Net Income is relatively stable compared to the past year. As of 09/10/2024, Income Tax Expense is likely to grow to about 22.6 M, while EBIT is likely to drop slightly above 272 M. View More Fundamentals

Extra Stock Against Markets

Extra Space Corporate Directors

Dennis LethamIndependent DirectorProfile
Roger PorterLead Independent DirectorProfile
Diane OlmsteadIndependent DirectorProfile
Spencer KirkIndependent DirectorProfile

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.