Extra Revenues from 2010 to 2024

EXR Stock  USD 146.75  6.29  4.48%   

Projected quarterly revenue analysis

Projected quarterly revenue analysis of Extra Space Storage provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Extra Space match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Extra Space's stock price.
Check Extra Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Extra main balance sheet or income statement drivers, such as Depreciation And Amortization of 531.4 M, Total Revenue of 2.7 B or Gross Profit of 2.6 B, as well as many exotic indicators such as Short Term Coverage Ratios of 2.12, Price Earnings Ratio of 17.01 or Price To Sales Ratio of 6.09. Extra financial statements analysis is a perfect complement when working with Extra Space Valuation or Volatility modules.
  
This module can also supplement Extra Space's financial leverage analysis and stock options assessment as well as various Extra Space Technical models . Check out the analysis of Extra Space Correlation against competitors.

About Extra Space Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Extra Space income statement, its balance sheet, and the statement of cash flows. Extra Space investors use historical funamental indicators, such as Extra Space's Revenues, to determine how well the company is positioned to perform in the future. Although Extra Space investors may use each financial statement separately, they are all related. The changes in Extra Space's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Extra Space's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Extra Space Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Extra Space. Please read more on our technical analysis and fundamental analysis pages.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the SP 500. The Company is the second largest owner andor operator of self-storage stores in the United States and is the largest self-storage management company in the United States. Extra Space operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 4309 people.

Pair Trading with Extra Space

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extra Stock

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Moving against Extra Stock

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The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:
Check out the analysis of Extra Space Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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
4.73
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.