Cambridge Investment Research Advisors Sells 263 Shares of Extra Space Storage
January 4, 2023
Trending News ☀️
EXR Intrinsic Value – Extra Space Storage ($NYSE:EXR) Inc. is a real estate investment trust (REIT) and a leading provider of self-storage properties in the United States. This could be a signal for investors to be cautious when investing in Extra Space Storage Inc., as the company faces uncertain economic headwinds from the ongoing pandemic.
Share Price
On Tuesday, Extra Space Storage Inc. experienced a 2.0% decrease in stock closing price from $147.2 to $144.3 amid media exposure largely positive towards the company. When trading began on Tuesday, Extra Space Storage Inc. opened at $147.8 and closed at $144.3, down by 2.0% from the previous day’s closing price of $147.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for EXR. More…
| Total Revenues | Net Income | Net Margin |
| 1.84k | 924.47 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for EXR. More…
| Operations | Investing | Financing |
| 1.13k | -837.54 | -166.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for EXR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.84k | 7.77k | 24.27 |
Key Ratios Snapshot
Some of the financial key ratios for EXR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 54.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – EXR Intrinsic Value Calculator
Extra Space Storage is a company that provides self-storage solutions to customers. Its fundamentals are a reflection of its long term potential and can be analyzed simply through the use of the VI app. The app calculates an intrinsic value of around $197.3 per share, which is significantly higher than the current stock price of $144.3. This indicates that the stock is undervalued by 27%. Extra Space Storage has a strong network of self-storage locations across the United States and is a leader in the industry. The company also has a solid financial position, with high returns on equity and low debt levels. The company’s focus on customer service, technology, and innovation makes it well-positioned to continue its growth in the future. With its strong fundamentals, Extra Space Storage is an attractive investment opportunity for those looking to capitalize on an undervalued stock. More…
VI Peers
Extra Space Storage Inc is one of the leading self-storage providers in the United States. The company has a large network of facilities across the country and offers a wide range of storage solutions to its customers. Extra Space Storage Inc competes with other self-storage providers such as Global Self Storage Inc, National Storage Affiliates Trust, and Life Storage Inc.
– Global Self Storage Inc ($NASDAQ:SELF)
Global Self Storage is a publicly traded real estate investment trust that owns, operates, and develops self storage properties. Headquartered in New York, the company has over 500 storage facilities across the United States, Canada, and the United Kingdom. Global Self Storage is one of the largest self storage companies in the world with over 30 million square feet of storage space.
– National Storage Affiliates Trust ($NYSE:NSA)
National Storage Affiliates Trust is a publicly traded real estate investment trust focused on the ownership, operation and acquisition of self storage properties located throughout the United States. The company has a market cap of $3.68 billion as of March 2022. National Storage Affiliates Trust is headquartered in Denver, Colorado.
– Life Storage Inc ($NYSE:LSI)
As of 2022, Life Storage Inc has a market cap of 8.69B. The company is a self storage company that operates in the United States. The company has over 850 locations in 38 states.
Summary
Extra Space Storage Inc. is a real estate investment trust that focuses on the ownership, operation, and development of self-storage properties in the United States. Recent analysis of this company shows that investors remain bullish on its prospects. The company recently saw an insider sale of 263 shares by Cambridge Investment Research Advisors Inc., indicating that the company remains a good investment opportunity. Extra Space Storage has seen a steady increase in popularity, with positive media coverage and strong financial results in recent quarters.
Analysts are predicting a strong future for the company, with potential for continued growth in the years to come. With its solid fundamentals and promising outlook, Extra Space Storage is an attractive option for investors.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
