EXR Stock Summary and Trading Ideas (Extra Space Storage | NYSE:EXR)

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,700 self-storage properties in 42 states, with over 280 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.

Extra Space Storage trades on the NYSE stock market under the symbol EXR.

As of April 19, 2024, EXR stock price climbed to $134.60 with 135,156 million shares trading.

EXR has a beta of 1.29, meaning it tends to be more sensitive to market movements. EXR has a correlation of 0.23 to the broad based SPY ETF.

EXR has a market cap of $28.43 billion. This is considered a Large Cap stock.

In the last 3 years, EXR stock traded as high as $228.84 and as low as $101.19.

The top ETF exchange traded funds that EXR belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.

EXR has underperformed the market in the last year with a price return of -9.0% while the SPY ETF gained +22.1%. EXR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.0% and -6.9%, respectively, while the SPY returned +5.0% and -2.8%, respectively.

EXR support price is $131.78 and resistance is $136.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EXR stock will trade within this expected range on the day.