Extra Space Storage Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 45 out of 192 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 151.65.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Extra Space Storage Inc is 8.98, ranking 18 out of 192 in the Residential & Commercial REITs industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 858.46M, representing a year-over-year increase of 4.08%, while its net profit experienced a year-over-year increase of 14.13%.
Key Metrics
The current valuation score of Extra Space Storage Inc is 5.82, ranking 170 out of 192 in the Residential & Commercial REITs industry. Its current P/E ratio is 31.05, which is 60.84% below the recent high of 49.95 and 37.39% above the recent low of 19.44.
The current earnings forecast score of Extra Space Storage Inc is 6.60, ranking 127 out of 192 in the Residential & Commercial REITs industry. The average price target is 150.00, with a high of 178.00 and a low of 137.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Extra Space Storage Inc is 7.18, ranking 80 out of 192 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 149.46 and the support level at 128.81, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Extra Space Storage Inc is 10.00, ranking 1 out of 192 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 100.91%, representing a quarter-over-quarter decrease of 0.79%. The largest institutional shareholder is The Vanguard, holding a total of 34.19M shares, representing 16.11% of shares outstanding, with 1.33% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Extra Space Storage Inc is 9.09, ranking 77 out of 192 in the Residential & Commercial REITs industry. The company's beta value is 1.27. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
