Extra Space Storage Inc. (NYSE:EXR) changes shares on Thursday trading session, with a change of 1.45% or $1.31 shares. The trading starts at $90.26 and closed at $90.48 throughout the day. The trading session low price was $89.84 and day high was $91.89 on Thursday, June 25. After the session, the Real Estate sector daily volume shifted to 0.72 million while its average volume is 1.19M. In other hand, the EXR market cap reached to $12.17B. While, its current target price is $91.79 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -3.90% and down -2.74% for month. Its quarterly performance was 2.18% above, while its half year performance is down -12.08%. EXR yearly performance stood at negative -12.63% and fall -13.09% for year-to-date. Current recommendation for Extra Space Storage Inc. is 2.80.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EXR EPS (TTM) for 12-month is 3.33. EPS for this year is 3.90%, while for the next year its value is 3.13. Sales growth for the current quarter is 4.59 while its EPS Q/Q reached 12.00%. It has an EPS of 16.10% up for past five years and for the next five years will be up 6.00%.
Let’s take a look on the analyst recommendations on EXR for the current month and previous month. For the current month, 4 of 14 analysts recommend stock as Buy while 3 as Sell, 0 as overweight, 1 as underweight and 6 as Hold. As compared with the previous month ratings, 14 analysts participate in stock recommendation. Out of 14, 4 rated it sell, 4 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $68.00-$117.00. Average target price for EXR was reached at $98.08.
Vanguard Group, Inc. (The), Blackrock Inc. and Cohen & Steers Inc. are the top three holders in Extra Space Storage Inc. (EXR) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 21.06 million shares which valued 2.02 billion. On Mar 30, 2020, Blackrock Inc. owned 14.82 million shares which valued at 1.42 billion. On Mar 30, 2020, Cohen & Steers Inc. has a total of 10.25 million shares which valued at 981.6 million. In the end, Cohen & Steers Inc. have 7.94% shares outstanding of Extra Space Storage Inc. (EXR) on Mar 30, 2020. The insider ownership moved to 1.00%.
The company posted an EPS (TTM) of 3.33. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.73, while 0.77 EPS posted a year ago period. Analyst Estimated EPS for EXR published in the report was 0.64-0.79 during the same period. Comparing with last year, the average estimated EPS was 0.77 which is lower than 0.83 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EXR fall -11.20% for period of 200 days. SMA for 50 days was -0.50% which is showing red signal, while SMA-20 was -6.08%. The moving average value for Extra Space Storage Inc. (EXR) is 99.35 and 93.37 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EXR stock. On Jun 23, Margolis Joseph D, Chief Executive Officer, sold 2,500 trading shares at the cost of $93.24, which valued at 0.23 million. On Jun 17, OVERTURF JAMES, EVP/Chief Marketing Officer, sold 833 shares at the cost of $97.17, with total shares of 55,447. On Jun 16, OVERTURF JAMES, EVP/Chief Marketing Officer, sold 833 shares at the cost of 97.79. After this transaction, OVERTURF JAMES total shares reached to 56,280 which valued at 81456.0.