Extra Space Storage Inc. (EXR)
Extra Space Storage Statistics
Share Statistics
Extra Space Storage has 212M shares outstanding. The number of shares has increased by 0.19% in one year.
| Shares Outstanding | 212M |
| Shares Change (YoY) | 0.19% |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | 96.11% |
| Shares Floating | 209.08M |
| Failed to Deliver (FTD) Shares | 5 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.99M, so 1.41% of the outstanding shares have been sold short.
| Short Interest | 2.99M |
| Short % of Shares Out | 1.41% |
| Short % of Float | 1.43% |
| Short Ratio (days to cover) | 2.72 |
Valuation Ratios
The PE ratio is 37.03 and the forward PE ratio is 34.05. Extra Space Storage's PEG ratio is -2.54.
| PE Ratio | 37.03 |
| Forward PE | 34.05 |
| PS Ratio | 9.72 |
| Forward PS | 7.2 |
| PB Ratio | 2.27 |
| P/FCF Ratio | 16.77 |
| PEG Ratio | -2.54 |
Enterprise Valuation
Extra Space Storage Inc. has an Enterprise Value (EV) of 38.43B.
| EV / Earnings | 44.96 |
| EV / Sales | 11.8 |
| EV / EBITDA | 16.62 |
| EV / EBIT | 29.04 |
| EV / FCF | 20.36 |
Financial Position
The company has a current ratio of 0.08, with a Debt / Equity ratio of 0.93.
| Current Ratio | 0.08 |
| Quick Ratio | 0.08 |
| Debt / Equity | 0.93 |
| Total Debt / Capitalization | 48.3 |
| Cash Flow / Debt | 0.14 |
| Interest Coverage | 2.22 |
Financial Efficiency
Return on equity (ROE) is 0.06% and return on capital (ROIC) is 4.72%.
| Return on Equity (ROE) | 0.06% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 4.72% |
| Revenue Per Employee | $406,503 |
| Profits Per Employee | $106,675.11 |
| Employee Count | 8,012 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 33.48M |
| Effective Tax Rate | 0.04 |
Stock Price Statistics
The stock price has increased by -1.24% in the last 52 weeks. The beta is 0.92, so Extra Space Storage's price volatility has been higher than the market average.
| Beta | 0.92 |
| 52-Week Price Change | -1.24% |
| 50-Day Moving Average | 152.36 |
| 200-Day Moving Average | 161.44 |
| Relative Strength Index (RSI) | 40.23 |
| Average Volume (20 Days) | 1.32M |
Income Statement
In the last 12 months, Extra Space Storage had revenue of 3.26B and earned 854.68M in profits. Earnings per share was 4.05.
| Revenue | 3.26B |
| Gross Profit | 2.35B |
| Operating Income | 1.32B |
| Net Income | 854.68M |
| EBITDA | 2.31B |
| EBIT | 1.32B |
| Earnings Per Share (EPS) | 4.05 |
Balance Sheet
The company has 138.22M in cash and 13.03B in debt, giving a net cash position of -12.89B.
| Cash & Cash Equivalents | 138.22M |
| Total Debt | 13.03B |
| Net Cash | -12.89B |
| Retained Earnings | -899.34M |
| Total Assets | 28.85B |
| Working Capital | -1.65B |
Cash Flow
In the last 12 months, operating cash flow was 1.89B and capital expenditures 0, giving a free cash flow of 1.89B.
| Operating Cash Flow | 1.89B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.89B |
| FCF Per Share | 8.92 |
Margins
Gross margin is 72.2%, with operating and profit margins of 40.63% and 26.24%.
| Gross Margin | 72.2% |
| Operating Margin | 40.63% |
| Pretax Margin | 28.67% |
| Profit Margin | 26.24% |
| EBITDA Margin | 70.98% |
| EBIT Margin | 40.63% |
| FCF Margin | 57.95% |
Dividends & Yields
EXR pays an annual dividend of $8.1, which amounts to a dividend yield of 4.47%.
| Dividend Per Share | $8.10 |
| Dividend Yield | 4.47% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 200.99% |
| Earnings Yield | 2.79% |
| FCF Yield | 6.13% |
Analyst Forecast
The average price target for EXR is $166.5, which is 14.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $166.5 |
| Price Target Difference | 14.7% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
Scores
| Altman Z-Score | 1.49 |
| Piotroski F-Score | 4 |