On Friday, Extra Space Storage Inc. (NYSE: EXR) was 0.74% up from the session before settling in for the closing price of $170.03. A 52-week range for EXR has been $101.19 – $184.87.
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Annual sales at Real Estate sector company grew by 16.87% over the past five years. When this article was written, the company’s average yearly earnings per share was at -13.33%. With a float of $209.06 million, this company’s outstanding shares have now reached $211.28 million.
Let’s look at the performance matrix of the company that is accounted for 7618 employees. In terms of profitability, gross margin is 72.67%, operating margin of 44.21%, and the pretax margin is 6.28%.
Extra Space Storage Inc. (EXR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Extra Space Storage Inc. stocks. The insider ownership of Extra Space Storage Inc. is 1.36%, while institutional ownership is 99.37%. The most recent insider transaction that took place on Oct 01 ’24, was worth 1,338,900. In this transaction Chief Executive Officer of this company sold 7,500 shares at a rate of $178.52, taking the stock ownership to the 24,190 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Director proposed sale 7,500 for $180.19, making the entire transaction worth $1,351,425.
Extra Space Storage Inc. (EXR) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.96 earnings per share (EPS) during the time that was better than consensus figure (set at 0.72) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.75% during the next five years compared to 7.68% growth over the previous five years of trading.
Extra Space Storage Inc. (NYSE: EXR) Trading Performance Indicators
You can see what Extra Space Storage Inc. (EXR) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.50. Likewise, its price to free cash flow for the trailing twelve months is 22.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 4.68 in one year’s time.
Technical Analysis of Extra Space Storage Inc. (EXR)
Extra Space Storage Inc. (NYSE: EXR) saw its 5-day average volume 0.94 million, a negative change from its year-to-date volume of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 51.18%. Additionally, its Average True Range was 3.24.
During the past 100 days, Extra Space Storage Inc.’s (EXR) raw stochastic average was set at 71.28%, which indicates a significant increase from 30.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.38% in the past 14 days, which was lower than the 22.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $174.21, while its 200-day Moving Average is $154.83. Nevertheless, the first resistance level for the watch stands at $172.39 in the near term. At $173.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $175.13. If the price goes on to break the first support level at $169.65, it is likely to go to the next support level at $168.01. The third support level lies at $166.91 if the price breaches the second support level.
Extra Space Storage Inc. (NYSE: EXR) Key Stats
There are 211,725K outstanding shares of the company, which has a market capitalization of 36.30 billion. As of now, sales total 2,560 M while income totals 803,200 K. Its latest quarter income was 810,660 K while its last quarter net income were 185,870 K.
