Extra Space Storage, Inc. (EXR)
Stock Price:
$117.09 USD
-1.52 (-1.28%)
Updated Oct 27, 2020 4:02 PM EDT - Market closed
Key Info
| Market Cap |
15.79B |
| Revenue (ttm) |
1.33B |
| Net Income (ttm) |
431.46M |
| Shares Out |
129.07M |
| EPS (ttm) |
3.32 |
| PE Ratio |
35.27 |
| Forward PE |
45.25 |
| Dividend |
$3.60 |
| Dividend Yield |
3.07% |
Stock Quote
| Trading Day |
Oct 27, 2020 |
| Last Price |
$117.09 |
| Previous Close |
$118.61 |
| Change ($) |
-1.52 |
| Change (%) |
-1.28% |
| Day's Open |
118.77 |
| Day's Range |
116.98 - 120.29 |
| Day's Volume |
1,021,264 |
| 52-Week Range |
72.70 - 120.29 |
More Stats
| Market Cap |
15.79B |
| Enterprise Value |
21.08B |
| Earnings Date (est) |
Nov 4, 2020 |
| Ex-Dividend Date |
Sep 14, 2020 |
| Shares Outstanding |
129.07M |
| Float |
126.10M |
| EPS (basic) |
3.35 |
| EPS (diluted) |
3.32 |
| FCF / Share |
4.11 |
| Dividend |
$3.60 |
| Dividend Yield |
3.07% |
| Earnings Yield |
2.84% |
| FCF Yield |
3.36% |
| Payout Ratio |
107.50% |
| Shares Short |
4.68M |
| Short Ratio |
4.16 |
| Short % of Float |
3.71% |
| Beta |
0.25 |
| PE Ratio |
35.27 |
| Forward PE |
45.25 |
| P/FCF Ratio |
29.78 |
| PS Ratio |
11.85 |
| PB Ratio |
6.38 |
| Revenue |
1.33B |
| Operating Income |
634.47M |
| Net Income |
431.46M |
| Free Cash Flow |
530.35M |
| Net Cash |
-5.29B |
| Net Cash / Share |
-39.23 |
| Gross Margin |
72.62% |
| Operating Margin |
47.60% |
| Profit Margin |
32.40% |
| FCF Margin |
39.79% |
| ROA |
4.80% |
| ROE |
16.64% |
| ROIC |
4.50% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (14)
| Buy |
5 |
| Overweight |
0 |
| Hold |
7 |
| Underweight |
1 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$115.27*
(-1.55% downside)
Low
94.0
Current: $117.09
High
135.0
Target: 115.27
*Average 12-month price target from 11 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,308 | 1,197 | 1,105 | 992 | 782 | 647 | 521 | 409 | 330 | 281 |
| Revenue Growth | 9.35% | 8.29% | 11.41% | 26.79% | 20.88% | 24.31% | 27.17% | 24.12% | 17.17% | - |
| Gross Profit | 943 | 879 | 814 | 726 | 565 | 464 | 372 | 287 | 228 | 189 |
| Operating Income | 635 | 620 | 654 | 450 | 295 | 278 | 213 | 157 | 115 | 90.82 |
| Net Income | 420 | 415 | 479 | 366 | 189 | 178 | 172 | 117 | 50.45 | 26.33 |
| Shares Outstanding | 128 | 126 | 126 | 125 | 120 | 116 | 111 | 102 | 91.30 | 87.32 |
| Earnings Per Share | 3.24 | 3.27 | 3.76 | 2.91 | 1.56 | 1.53 | 1.53 | 1.14 | 0.54 | 0.30 |
| EPS Growth | -0.92% | -13.03% | 29.21% | 86.54% | 1.96% | 0% | 34.21% | 111.11% | 80% | - |
| Dividend Per Share | 3.56 | 3.36 | 3.12 | 2.93 | 2.24 | 1.81 | 1.45 | 0.85 | 0.56 | 0.40 |
| Dividend Growth | 5.95% | 7.69% | 6.48% | 30.8% | 23.76% | 24.83% | 70.59% | 51.79% | 40% | - |
| Operating Cash Flow | 708 | 678 | 597 | 539 | 367 | 338 | 271 | 216 | 144 | 105 |
| Capital Expenditures | -400 | -439 | -381 | -1,115 | -384 | -532 | -356 | -609 | -207 | -117 |
| Free Cash Flow | 308 | 239 | 217 | -576 | -16.88 | -194 | -84.73 | -393 | -62.87 | -12.48 |
| Cash & Equivalents | 70.73 | 72.69 | 86.04 | 57.74 | 107 | 72.91 | 148 | 47.76 | 52.25 | 77.25 |
| Total Debt | 5,321 | 4,812 | 4,554 | 4,306 | 3,536 | 2,350 | 1,947 | 1,578 | 1,364 | 1,247 |
| Net Cash / Debt | -5,251 | -4,739 | -4,468 | -4,248 | -3,429 | -2,277 | -1,798 | -1,530 | -1,311 | -1,170 |
| Assets | 8,532 | 7,848 | 7,461 | 7,091 | 6,071 | 4,382 | 3,977 | 3,223 | 2,518 | 2,250 |
| Liabilities | 5,611 | 5,063 | 4,737 | 4,495 | 3,699 | 2,470 | 2,045 | 1,678 | 1,444 | 1,311 |
| Book Value | 2,540 | 2,414 | 2,351 | 2,245 | 2,089 | 1,737 | 1,758 | 1,492 | 1,019 | 881 |
Numbers in millions USD, except per-share numbers.
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, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2020, the Company owned and/or operated 1,878 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 145.4 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.