On Tuesday, Extra Space Storage Inc (NYSE: EXR) opened lower -1.76% from the last session, before settling in for the closing price of $165.48. Price fluctuations for EXR have ranged from $116.23 to $184.87 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 16.87% annually for the last half of the decade. Company’s average yearly earnings per share was noted -15.50% at the time writing. With a float of $209.11 million, this company’s outstanding shares have now reached $211.28 million.
In an organization with 7618 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 99.46%, operating margin of 39.88%, and the pretax margin is 25.35%.
Extra Space Storage Inc (EXR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Industrial industry is another important factor to consider. The insider ownership of Extra Space Storage Inc is 1.36%, while institutional ownership is 98.80%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.02 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.21) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.90% 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
Check out the current performance indicators for Extra Space Storage Inc (EXR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.09. Likewise, its price to free cash flow for the trailing twelve months is 21.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.78, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 4.58 in one year’s time.
Technical Analysis of Extra Space Storage Inc (EXR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was better than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.17%. Additionally, its Average True Range was 4.28.
During the past 100 days, Extra Space Storage Inc’s (EXR) raw stochastic average was set at 32.84%, which indicates a significant decrease from 43.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.97% in the past 14 days, which was higher than the 23.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $172.10, while its 200-day Moving Average is $156.02. However, in the short run, Extra Space Storage Inc’s stock first resistance to watch stands at $164.93. Second resistance stands at $167.29. The third major resistance level sits at $168.80. If the price goes on to break the first support level at $161.06, it is likely to go to the next support level at $159.55. The third support level lies at $157.19 if the price breaches the second support level.
Extra Space Storage Inc (NYSE: EXR) Key Stats
There are currently 211,984K shares outstanding in the company with a market cap of 35.85 billion. Presently, the company’s annual sales total 2,560 M according to its annual income of 803,200 K. Last quarter, the company’s sales amounted to 824,800 K and its income totaled 193,210 K.
