Extra Space Storage Stock Performance
| EXR Stock | USD 134.20 1.90 1.40% |
The firm shows a Beta (market volatility) of 1.69, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Extra Space will likely underperform. Extra Space Storage has an expected return of -0.11%. Please make sure to confirm Extra Space Storage treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Extra Space Storage performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Extra Space Storage has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest unsteady performance, the Stock's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.21 | Five Day Return (4.35) | Year To Date Return (17.21) | Ten Year Return 170.74 | All Time Return 988.8 |
Forward Dividend Yield 0.0477 | Payout Ratio 0.9838 | Forward Dividend Rate 6.48 | Dividend Date 2024-03-29 | Ex Dividend Date 2024-03-14 |
1 | Stay Ahead of the Game With Extra Space Storage Q4 Earnings Wall Streets Insights on Key Metrics | 02/22/2024 |
2 | Extra Space Storage Inc. Reports Decline in Q4 Net Income Amid Life Storage Merger Costs | 02/27/2024 |
3 | Acquisition by Matthew Herrington of 1830 shares of Extra Space at 143.36 subject to Rule 16b-3 | 03/05/2024 |
4 | Disposition of 1350 shares by Gwyn McNeal of Extra Space at 150.0 subject to Rule 16b-3 | 03/08/2024 |
5 | Disposition of 100 shares by Springer William N of Extra Space subject to Rule 16b-3 | 03/14/2024 |
6 | Elixir Energy advances gas projects in Queensland and Mongolia | 03/19/2024 |
7 | Extra Space Storage Inc s Winning Formula Financial Metrics and Competitive Strengths | 03/27/2024 |
8 | Public Storage upgraded, Extra Space Storage downgraded at Raymond James | 03/28/2024 |
9 | Disposition of 157 shares by Matthew Herrington of Extra Space at 146.74 subject to Rule 16b-3 | 04/01/2024 |
10 | Disposition of 136 shares by Grace Kunde of Extra Space at 146.74 subject to Rule 16b-3 | 04/03/2024 |
11 | Extra Space Storage files to sell 189,076 shares for holders | 04/05/2024 |
12 | U.S. stocks lower at close of trade Dow Jones Industrial Average down 1.09 | 04/10/2024 |
13 | Extra Space Storage files for automatic mixed securities shelf | 04/15/2024 |
| Begin Period Cash Flow | 92.9 M |
Extra |
Extra Space Relative Risk vs. Return Landscape
If you would invest 14,515 in Extra Space Storage on January 19, 2024 and sell it today you would lose (1,095) from holding Extra Space Storage or give up 7.54% of portfolio value over 90 days. Extra Space Storage is generating negative expected returns assuming volatility of 1.7322% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Extra, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Extra Space Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Extra Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Extra Space Storage, and traders can use it to determine the average amount a Extra Space's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0632
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| Negative Returns | EXR |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Extra Space is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Extra Space by adding Extra Space to a well-diversified portfolio.
Extra Space Fundamentals Growth
Extra Stock prices reflect investors' perceptions of the future prospects and financial health of Extra Space, and Extra Space fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Extra Stock performance.
| Return On Equity | 0.0873 | ||||
| Return On Asset | 0.0407 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 41.44 B | ||||
| Shares Outstanding | 211.62 M | ||||
| Price To Earning | 35.20 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 11.77 X | ||||
| Revenue | 2.56 B | ||||
| Gross Profit | 1.52 B | ||||
| EBITDA | 1.74 B | ||||
| Net Income | 801.97 M | ||||
| Cash And Equivalents | 92.87 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 11.4 B | ||||
| Debt To Equity | 1.70 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 68.11 X | ||||
| Cash Flow From Operations | 1.4 B | ||||
| Earnings Per Share | 4.74 X | ||||
| Market Capitalization | 30.14 B | ||||
| Total Asset | 27.46 B | ||||
| Retained Earnings | (379.01 M) | ||||
| Working Capital | (157.87 M) | ||||
| Current Asset | 244.2 M | ||||
| Current Liabilities | 120.92 M | ||||
About Extra Space Performance
To evaluate Extra Space Storage Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Extra Space generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Extra Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Extra Space Storage market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Extra's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (625.88) | (594.59) | |
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.06 | 0.05 |
Things to note about Extra Space Storage performance evaluation
Checking the ongoing alerts about Extra Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Extra Space Storage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Extra Space Storage generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Extra Space Storage files for automatic mixed securities shelf |
- Analyzing Extra Space's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Extra Space's stock is overvalued or undervalued compared to its peers.
- Examining Extra Space's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Extra Space's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Extra Space's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Extra Space's stock. These opinions can provide insight into Extra Space's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Extra Stock analysis
When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extra Space. If investors know Extra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 6.48 | Earnings Share 4.74 | Revenue Per Share 15.454 | Quarterly Revenue Growth 0.572 |
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.