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Extra Space Storage, Inc. (EXR)

Stock Price: $101.10 USD -1.17 (-1.14%)
Updated Aug 6, 2020 4:02 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 13.65B
Revenue (ttm) 1.34B
Net Income (ttm) 433.38M
Shares Out 129.09M
EPS (ttm) 3.32
PE Ratio 30.45
Forward PE 37.59
Dividend $3.60
Dividend Yield 3.56%

Stock Quote

Trading Day Aug 6, 2020
Last Price $101.10
Previous Close $102.27
Change ($) -1.17
Change (%) -1.14%
Day's Open 100.94
Day's Range 97.40 - 101.89
Day's Volume 1,145,399
52-Week Range 72.70 - 124.46

More Stats

Market Cap 13.65B
Enterprise Value 18.95B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 129.09M
Float 125.81M
EPS (basic) 3.37
EPS (diluted) 3.32
FCF / Share 3.95
Dividend $3.60
Dividend Yield 3.56%
Earnings Yield 3.28%
FCF Yield 3.74%
Payout Ratio 106.80%
Shares Short 5.38M
Short Ratio 6.03
Short % of Float 5.99%
Beta 0.19
PE Ratio 30.45
Forward PE 37.59
P/FCF Ratio 26.72
PS Ratio 10.16
PB Ratio 5.56
Revenue 1.34B
Operating Income 643.67M
Net Income 433.38M
Free Cash Flow 510.83M
Net Cash -5.30B
Net Cash / Share -39.24
Gross Margin 72.92%
Operating Margin 47.93%
Profit Margin 32.60%
FCF Margin 38.04%
ROA 4.92%
ROE 16.77%
ROIC 4.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (15)

Buy 5
Overweight 0
Hold 6
Underweight 1
Sell 3

Analyst Consensus: Overweight

Price Target

$101.15*
(0.05% upside)
Low
82.0
Current: $101.10
High
119.0
Target: 101.15
*Average 12-month price target from 13 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,3081,1971,105992782647521409330281
Revenue Growth9.35%8.29%11.41%26.79%20.88%24.31%27.17%24.12%17.17%-
Gross Profit943879814726565464372287228189
Operating Income63562065445029527821315711590.82
Net Income42041547936618917817211750.4526.33
Shares Outstanding12812612612512011611110291.3087.32
Earnings Per Share3.243.273.762.911.561.531.531.140.540.30
EPS Growth-0.92%-13.03%29.21%86.54%1.96%0%34.21%111.11%80%-
Dividend Per Share3.563.363.122.932.241.811.450.850.560.40
Dividend Growth5.95%7.69%6.48%30.8%23.76%24.83%70.59%51.79%40%-
Operating Cash Flow708678597539367338271216144105
Capital Expenditures-400-439-381-1,115-384-532-356-609-207-117
Free Cash Flow308239217-576-16.88-194-84.73-393-62.87-12.48
Cash & Equivalents70.7372.6986.0457.7410772.9114847.7652.2577.25
Total Debt5,3214,8124,5544,3063,5362,3501,9471,5781,3641,247
Net Cash / Debt-5,251-4,739-4,468-4,248-3,429-2,277-1,798-1,530-1,311-1,170
Assets8,5327,8487,4617,0916,0714,3823,9773,2232,5182,250
Liabilities5,6115,0634,7374,4953,6992,4702,0451,6781,4441,311
Book Value2,5402,4142,3512,2452,0891,7371,7581,4921,019881
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Extra Space Storage, Inc.
Country United States
Employees 4,048
CEO Joseph D. Margolis

Stock Information

Ticker Symbol EXR
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Industrial
Unique Identifier NYSE: EXR
IPO Date August 12, 2004

Description

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of March 31, 2020, the Company owned and/or operated 1,852 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.3 million units and approximately 143.0 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.