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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 11586.88. Since its IPO date on the 8/16/2004, Extra Space Storage Inc., EXR performance year to date is 4.40%. Today Extra Space Storage Inc., EXR has gained 2.52%, with a current price of 92.93.

Ownership of the company is 1.80% for insider ownership while institutional ownership is 98.60%. The management of the company have seen the company have a payout ratio of 132.20%. Return of assets are at 3.80%, 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 1.72. While Total debt/equity is 1.72. With a profit margin of 26.00%, this is combined with a gross margin of 72.30%, and operating margin of 37.10%. 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 38.71%. The 52-week high is -1.11%, and the 52-week low is 44.58%. The average volume for Extra Space Storage Inc., EXR is 422793.

With a target price of 96.97, 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 51.16 and a forward P/E of 34.97. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.87. Extra Space Storage Inc. also has a P/S and a P/B of 13.82 and 5.28 respectively. For P/cash, Extra Space Storage Inc. has a value of 232.67, while it is *TBA for P/free cash flow.

At the current price of 92.93, Extra Space Storage Inc. has a dividend yield of 3.44%. We see a return on equity of 10.30%.

Looking more long-term Extra Space Storage Inc., is projected to get an EPS growth for the next five years of 27.30%. In the short-term an EPS growth of 10.30% 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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Peter Clarke

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