Extra Space Storage Inc (NYSE: EXR)’s stock price has increased by 1.41 compared to its previous closing price of 153.77. However, the company has seen a 0.74% increase in its stock price over the last five trading sessions. zacks.com reported 2025-02-20 that Evaluate the expected performance of Extra Space Storage (EXR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Is It Worth Investing in Extra Space Storage Inc (NYSE: EXR) Right Now?
Extra Space Storage Inc (NYSE: EXR) has a price-to-earnings ratio of 41.31x that is above its average ratio. Additionally, the 36-month beta value for EXR is 0.92. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
The public float for EXR is 209.10M and currently, short sellers hold a 1.49% ratio of that float. The average trading volume of EXR on February 21, 2025 was 1.10M shares.
EXR’s Market Performance
EXR stock saw an increase of 0.74% in the past week, with a monthly gain of 2.65% and a quarterly increase of -5.22%. The volatility ratio for the week is 1.32%, and the volatility levels for the last 30 days are 1.56% for Extra Space Storage Inc (EXR). The simple moving average for the last 20 days is 0.85% for EXR stock, with a simple moving average of -3.00% for the last 200 days.
Analysts’ Opinion of EXR
Many brokerage firms have already submitted their reports for EXR stocks, with Scotiabank repeating the rating for EXR by listing it as a “Sector Perform.” The predicted price for EXR in the upcoming period, according to Scotiabank is $167 based on the research report published on January 10, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see EXR reach a price target of $175. The rating they have provided for EXR stocks is “Equal Weight” according to the report published on October 21st, 2024.
Jefferies gave a rating of “Buy” to EXR, setting the target price at $204 in the report published on September 18th of the previous year.
EXR Trading at 2.09% from the 50-Day Moving Average
After a stumble in the market that brought EXR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.63% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares surge +3.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.71% lower at present.
During the last 5 trading sessions, EXR rose by +0.74%, which changed the moving average for the period of 200-days by +11.55% in comparison to the 20-day moving average, which settled at $154.63. In addition, Extra Space Storage Inc saw 4.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXR starting from Margolis Joseph D, who sale 7,500 shares at the price of $148.01 back on Jan 02 ’25. After this action, Margolis Joseph D now owns 16,690 shares of Extra Space Storage Inc, valued at $1,110,075 using the latest closing price.
COVE HOLLOW LANE II, the Director of Extra Space Storage Inc, proposed sale 7,500 shares at $149.60 during a trade that took place back on Jan 02 ’25, which means that COVE HOLLOW LANE II is holding shares at $1,122,000 based on the most recent closing price.
Stock Fundamentals for EXR
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.67 for the gross margin
The net margin for Extra Space Storage Inc stands at 0.25. The total capital return value is set at 0.05. Equity return is now at value 5.65, with 2.90 for asset returns.
Based on Extra Space Storage Inc (EXR), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.87. The interest coverage ratio of the stock is 2.29.
Currently, EBITDA for the company is 1.79 billion with net debt to EBITDA at 5.53. When we switch over and look at the enterprise to sales, we see a ratio of 13.98. The receivables turnover for the company is 2.81for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In conclusion, Extra Space Storage Inc (EXR) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
