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A look at a High Market Cap Stock: Extra Space Storage Inc., EXR

Extra Space Storage Inc., EXR is in the exchange NYSE and its industry is REIT – Industrial in the sector of Financial. Based in USA, Extra Space Storage Inc., EXR  has a market cap of 10702.64. Since its IPO date on the 8/16/2004, Extra Space Storage Inc., EXR performance year to date is -5.23%. Today Extra Space Storage Inc., EXR has gained 0.09%, with a current price of 82.36.

Ownership of the company is 1.80% for insider ownership while institutional ownership is 97.90%. The management of the company have seen the company have a payout ratio of 129.30%. Return of assets are at 4.00%, with return on investment at 5.00%.

In terms of debt levels and profit levels, Extra Space Storage Inc., EXR is seeing a long-term debt/equity of 1.8. While Total debt/equity is 1.8. With a profit margin of 27.40%, this is combined with a gross margin of 72.40%, and operating margin of 37.90%. Extra Space Storage Inc. ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Extra Space Storage Inc., EXR has seen a EPS growth of 2.20%. A performance for the year of 12.13%. The 52-week high is -12.84%, and the 52-week low is 21.43%. The average volume for Extra Space Storage Inc., EXR is 460621.

With a target price of 97.87, can Extra Space Storage Inc., EXR reach this target? Looking at the value indicators of Extra Space Storage Inc., EXR. Extra Space Storage Inc. has a P/E of 41.64 and a forward P/E of 31.31. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.55. Extra Space Storage Inc. also has a P/S and a P/B of 11.93 and 4.86 respectively. For P/cash, Extra Space Storage Inc. has a value of 260.4, while it is *TBA for P/free cash flow.

At the current price of 82.36, Extra Space Storage Inc. has a dividend yield of 3.79%. We see a return on equity of 11.60%.

Looking more long-term Extra Space Storage Inc., is projected to get an EPS growth for the next five years of 16.35%. In the short-term an EPS growth of 8.01% in the next year is forecasted. This is after a EPS growth of 2.20% for this year and for the last five years a 39.10% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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