A number of research firms have changed their ratings and price targets for Extra Space Storage (NYSE: EXR):
Shares of Extra Space Storage Inc. (NYSE:EXR) traded up 0.63% during mid-day trading on Friday, reaching $70.08. The company’s stock had a trading volume of 359,845 shares. Extra Space Storage Inc. has a 12 month low of $68.09 and a 12 month high of $94.81. The company’s 50-day moving average is $73.65 and its 200 day moving average is $83.25. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of 30.26 and a beta of 0.46.
Extra Space Storage (NYSE:EXR) last released its quarterly earnings results on Wednesday, October 26th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.03. The firm earned $257.20 million during the quarter, compared to analyst estimates of $218.17 million. Extra Space Storage had a net margin of 30.57% and a return on equity of 14.98%. The business’s revenue for the quarter was up 30.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 EPS. On average, equities analysts anticipate that Extra Space Storage Inc. will post $3.80 EPS for the current year.