Extra Space Storage Inc. (EXR) Stock

Extra Space Storage Inc. trades at a P/E ratio of 30.42, which is above the market average of approximately 20. This premium valuation suggests investors expect above-average growth or the company has competitive advantages justifying the higher multiple. Looking ahead, the forward P/E of 28.74 is lower than the current P/E, indicating analysts expect earnings to grow over the next year. The PEG ratio of 3.60 indicates a premium valuation even accounting for growth.

With a beta of 1.10, Extra Space Storage Inc. is roughly as volatile as the market, moving in line with broad market trends. This moderate beta suggests the stock offers market-level returns without excessive volatility. The price-to-book ratio of 2.15 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Extra Space Storage Inc. achieves a profit margin of 28.80%, meaning it retains $28.80 from every $100 in revenue after all expenses. This is an impressive margin, indicating strong pricing power and efficient cost management that allows the company to generate substantial profits. The operating margin of 45.60% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 6.90% and ROA at 3.32%, the company achieves moderate returns on invested capital.

Extra Space Storage Inc.'s revenue grew by 3.60% year-over-year, showing steady progress in growing the business. This positive trajectory indicates the company maintains competitive positioning in its markets. Earnings increased by 34.20% year-over-year, outpacing revenue growth through improved margins. These growth metrics should be evaluated against REIT - INDUSTRIAL industry averages for proper context.

Extra Space Storage Inc. offers a dividend yield of 4.63%, paying $6.48 per share annually. This high yield exceeds 4%, significantly outperforming the S&P 500 average of 1.5-2% and most investment-grade bonds. For income-focused investors, this represents an attractive cash flow opportunity, though high yields sometimes signal market concerns about sustainability. To receive the next dividend, shares must be purchased before the ex-dividend date of Sep 15, 2025.

The dividend sustainability can be assessed through the payout ratio - Extra Space Storage Inc. pays $6.48 per share in dividends against earnings of $4.65 per share, resulting in a payout ratio of 100.00%. This very high payout exceeding 90% raises sustainability concerns, as nearly all earnings go to dividends. Any earnings decline could force a dividend cut. The next dividend payment is scheduled for Sep 30, 2025.

Extra Space Storage Inc. has a market capitalization of $31.0B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 212.25M shares outstanding, the company's ownership is relatively concentrated. As a participant in the REIT - INDUSTRIAL industry, it competes with other firms in this sector.

Extra Space Storage Inc.'s book value per share is $64.97, while the current stock price is $134.78, resulting in a price-to-book (P/B) ratio of 2.07. This reasonable premium to book value suggests the market values the company's earnings power and intangible assets appropriately. Most profitable companies trade between 1-3x book value. As a common stock, this represents equity ownership with voting rights.

21 analysts cover EXR with 43% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The mixed views reflect uncertainty about the outlook. The consensus target of $157.10 implies 16.6% upside, but targets are often adjusted to follow price moves rather than predict them.

Current analyst recommendations:4 Strong Buy, 5 Buy, 12 Hold, 00The neutral stance suggests uncertainty or fair valuation at current levels.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.