Extra Space Storage Inc. (NYSE:EXR) shares, rose in value, with the stock price down by -0.27% to the previous day’s close as strong demand from buyers drove the stock to $133.47.
Actively observing the price movement in the last trading, the stock closed the session at $133.83. The PE ratio was 27.26 over 12-month period. Referring to stock’s 52-week performance, its high was $164.99, and the low was $101.19. On the whole, EXR has fluctuated by -9.05% over the past month.
The company’s Forward Dividend Ratio is 6.48, with its dividend yield at 4.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.92B, with a low estimate of 580.21M and a high estimate of 789.13M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 703.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EXR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.54, with the price of EXR currently trading nearly -5.13% and -5.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.24, while the 7-day volatility ratio is showing 2.31% which for the 30-day chart, stands at 2.37%. Furthermore, Extra Space Storage Inc. (EXR)’s beta value is 0.77, and its average true range (ATR) is 3.58.
A comparison of Extra Space Storage Inc. (EXR) with its peers suggests the former has fared considerably weaker in the market. EXR showed an intraday change of -0.27% in last session, and over the past year, it shrunk by -10.66%%.
Data on historical trading for Extra Space Storage Inc. (NYSE:EXR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.16 million. According to company’s latest data on outstanding shares, there are 211.28 million shares outstanding.
Nearly 1.07% of Extra Space Storage Inc.’s shares belong to company insiders and institutional investors own 100.50% of the company’s shares. The stock has fallen by -16.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EXR stock heading into the next quarter.
