A new trading day began on Tuesday, with Extra Space Storage Inc. (NYSE: EXR) stock price down -1.10% from the previous day of trading, before settling in for the closing price of $167.46. EXR’s price has ranged from $101.19 to $184.87 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 16.87% over the past five years. Meanwhile, its annual earnings per share averaged -13.39%. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Industrial Industry. The insider ownership of Extra Space Storage Inc. is 1.36%, while institutional ownership is 99.57%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.39% 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
Here are Extra Space Storage Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.12. Likewise, its price to free cash flow for the trailing twelve months is 21.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 1.09 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 0.76 million, a negative change from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 25.20%. Additionally, its Average True Range was 3.33.
During the past 100 days, Extra Space Storage Inc.’s (EXR) raw stochastic average was set at 51.01%, which indicates a significant increase from 13.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.16% in the past 14 days, which was lower than the 22.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $174.29, while its 200-day Moving Average is $155.20. Nevertheless, the first resistance level for the watch stands at $167.39 in the near term. At $169.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $170.34. If the price goes on to break the first support level at $164.44, it is likely to go to the next support level at $163.26. Assuming the price breaks the second support level, the third support level stands at $161.49.
Extra Space Storage Inc. (NYSE: EXR) Key Stats
With a market capitalization of 35.10 billion, the company has a total of 211,929K Shares Outstanding. Currently, annual sales are 2,560 M while annual income is 803,200 K. The company’s previous quarter sales were 810,660 K while its latest quarter income was 185,870 K.
