EXR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,551.77 -- higher than 97.31% of US-listed equities with positive expected earnings growth.
The ratio of debt to operating expenses for Extra Space Storage Inc is higher than it is for about 95.69% of US stocks.
In terms of volatility of its share price, EXR is more volatile than merely 10.65% of stocks we're observing.
If you're looking for stocks that are quantitatively similar to Extra Space Storage Inc, a group of peers worth examining would be PSXP, OHI, SLG, ELS, and CNXM.
Extra Space Storage engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. The company was founded in 1977 and is based in Salt Lake City, Utah.
EXR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Extra Space Storage Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Extra Space Storage Inc ranked in the 94th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for EXR, they are:
The company's compound free cash flow growth rate over the past 5.01 years comes in at 1.5%; that's greater than 94.81% of US stocks we're applying DCF forecasting to.
Extra Space Storage Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 17.87% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 12.92% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Extra Space Storage Inc? See OPI, FPI, RLJ, REG, and XIN.
Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a quarterly dividend of $0.90 per share on the common stock of the Company for the second quarter 2020. The dividend is payable on June 30, 2020 to stockholders of record at the close of business on June 15, 2020.