Ultime notizie per Extra Space Storage (NYSE:EXR) Azioni

Extra Space Storage

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 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 Inc

e-Radix

ECOLOGIX RESOURCE GRP by Ecologix Resource Group, Inc.

Ecologix Resource Group Inc

EXRNchain

EXRO TECHNOLOGIES INC by Exro Technologies Inc.

Exro Technologies Inc

The Company expects to realize cost benefits in the commercial paper market versus its $2.0 billion revolving credit facility, and it expects to use its revolving credit facility as a liquidity backstop for the repayment of the notes issued under the commercial paper program.
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News

Extra Space Storage Establishes $1B Unsecured Commercial Paper Note Program In US

Making a noteworthy insider sell on November 19, Diane Olmstead, Director at Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>), is reported in the latest SEC filing.
What Happened: Olmstead's decision to sell 3,081 shares of Extra Space Storage was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001289490/000162828024048539//Archives/edgar/data/1289490/000162828024048539/0001628280-24-048539-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $507,009.
During Wednesday's morning session, Extra Space Storage shares up by 0.79%, currently priced at $166.81.
<h3>Delving into Extra Space Storage's Background</h3>
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 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.
<h3>Unraveling the Financial Story of Extra Space Storage</h3>
Positive Revenue Trend: Examining Extra Space Storage's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.26% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 72.53%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Extra Space Storage's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 0.91.
</li>
</ul>
Debt Management: Extra Space Storage's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.87.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 44.14 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 11.16 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Extra Space Storage's EV/EBITDA ratio, surpassing industry averages at 20.99, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001289490">Check Out The Full List Of Extra Space Storage's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Director At Extra Space Storage Sells $507K Of Stock

Guidance

Extra Space Storage Revises FY24 Core FFO Outlook From $7.95 - $8.15 To $8.00 - $8.15, Est $8.08

Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) reported quarterly Core FFO of $2.07 per share which beat the analyst consensus estimate of $2.04 by 1.47 percent. This is a 2.48 percent increase over earnings of $2.02 per share from the same period last year. The company reported quarterly sales of $710.87 million which missed the analyst consensus estimate of $757.26 million by 6.13 percent. This is a 9.22 percent increase over sales of $650.89 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Extra Space Storage Q3 2024 Core FFO $2.07 Beats $2.04 Estimate, Sales $710.87M Miss $757.26M Estimate

Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) has outperformed the market over the past 20 years by 4.8% on an annualized basis producing an average annual return of 13.14%. Currently, Extra Space Storage has a market capitalization of $35.49 billion. 
Buying $1000 In EXR: If an investor had bought $1000 of EXR stock 20 years ago, it would be worth $11,853.57 today based on a price of $167.46 for EXR at the time of writing.
<h3>Extra Space Storage's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730226617_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Extra Space Storage 20 Years Ago Would Be Worth Today

Barclays analyst Brendan Lynch maintains Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) with a Overweight and raises the price target from $188 to $192.

Price Target

Analyst Ratings

Barclays Maintains Overweight on Extra Space Storage, Raises Price Target to $192

Welltower, Inc. WELL&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/well#NYSE">WELL</a>) is slated to report <a href="https://www.zacks.com/stock/research/WELL/earnings-calendar?icid=quote-stock_overview-quote_nav_tracking-zcom-left_subnav_quote_navbar-earnings_dates_announcements">third-quarter 2024 results</a> on Oct. 28, after market close. The quarterly results are likely to reflect year-over-year growth in revenues and funds from operations (FFO) per share.
In the last reported quarter, this Toledo, OH-based healthcare real estate investment trust (REIT) witnessed a normalized FFO per share of $1.05, beating the Zacks Consensus Estimate by 5%. Results reflected a rise in revenues on a year-over-year basis. The total portfolio same-store net operating income (SSNOI) increased year over year, driven by SSNOI growth in the senior housing operating (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sho#NYSE">SHO</a>) portfolio.
Over the preceding four quarters, Welltower&#39;s FFO per share beat the Zacks Consensus Estimate on each occasion, the average beat being 4.49%. The graph below depicts this surprise history:
<div class="chart_embed">
<h3>Welltower Inc. Price and EPS Surprise</h3>
<a href="https://www.zacks.com/stock/chart/WELL/price-eps-surprise?icid=chart-WELL-price-eps-surprise"><img alt="Welltower Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/26/1729610764.png" style="height:301px; width:624px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/WELL/price-eps-surprise?icid=chart-WELL-price-eps-surprise">Welltower Inc. price-eps-surprise</a> | <a href="https://www.zacks.com/stock/quote/WELL?icid=chart-WELL-price-eps-surprise">Welltower Inc. Quote</a>
</div>
<h3>Factors At Play</h3>
Welltower owns a diversified portfolio in the healthcare real estate industry in the major, high-growth markets of the United States, Canada, and the U.K.
During the third quarter, the company&#39;s SHO portfolio is likely to have continued to benefit from an aging U.S. population and a rise in healthcare expenditure by this age cohort, which is usually on the higher end compared with the general population. In addition, muted new supply is expected to have provided a favorable operating environment for the SHO portfolio.
Further, Welltower&#39;s long-term leases with its healthcare management companies or operators are anticipated to have led to stable revenue generation, boosting its top line.
The Zacks Consensus Estimate for third-quarter resident fees and services is pegged at $1.44 billion, indicating an increase from the year-ago quarter&#39;s $1.2 billion. The consensus mark for quarterly rental income stands at $411.4 million, implying a rise from $384.5 million in the year-ago period.
The Zacks Consensus Estimate for quarterly total revenues is pegged at $1.95 billion, suggesting a rise of 17.3% from the prior-year period&#39;s reported number.
We expect WELL to have continued with its investment and development activities during the quarter, supported by its solid balance sheet position and capital-recycling efforts.
However, high interest expenses are likely to have been a spoilsport for Healthpeak during the to-be-reported quarter.
WELL&#39;s activities during the quarter were inadequate to garner analysts&#39; confidence. The Zacks Consensus Estimate for third-quarter FFO per share has remained unrevised at $1.04 over the past month. However, the figure suggests an increase of 13% from the year-ago reported number.
<h2>What Our Quantitative Model Predicts</h2>
Our proven model does not conclusively predict a likely beat in terms of FFO per share for Welltower this season. The combination of a positive <a href="https://www.zacks.com/earnings/earnings-surprise-predictions/">Earnings ESP</a> and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an FFO beat, which is not the case here.
Welltower currently has an Earnings ESP of 0.00% and carries a Zacks Rank of 2. You can uncover the best stocks to buy or sell before they&#39;re reported with our <a href="https://www.zacks.com/premium/esp-buy?adid=zp_article_espfilter&amp;icid=zpi_article_espfilter">Earnings ESP Filter</a>.
<h3>Other Stocks That Warrant A&nbsp;Look</h3>
Here are two other stocks from the broader REIT sector &mdash; Extra Space Storage EXR and Ventas VTR &mdash; you may want to consider as our model shows that these, too, have the right combination of elements to report a surprise this quarter.
Extra Space Storage, scheduled to report quarterly numbers on Oct. 29, has an Earnings ESP of +0.67% and carries a Zacks Rank of 3.
Ventas, slated to release quarterly numbers on Oct. 30, has an Earnings ESP of +0.97% and carries a Zacks Rank of 2 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
<h2>Infrastructure Stock Boom To Sweep America</h2>
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The only question is &quot;Will you get into the right stocks early when their growth potential is greatest?&quot;
<a href="https://www.zacks.com/stock/news/2355232/welltower-stock-to-report-q3-earnings-what-s-in-the-cards?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2355232">To read this article on Zacks.com click here.</a>

REIT

Markets

General

Real Estate

WELL

Welltower Stock To Report Q3 Earnings: What's In The Cards?

WIIM

Extra Space Storage shares are trading lower after the company downgraded the stock from Overweight to Equal-Weight and maintained a $175 price target.

Wells Fargo analyst Eric Luebchow downgrades Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) from Overweight to Equal-Weight and maintains the price target from $175 to $175.

Downgrades

Wells Fargo Downgrades Extra Space Storage to Equal-Weight, Maintains Price Target to $175

Evercore ISI Group analyst Steve Sakwa maintains Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) with a In-Line and lowers the price target from $170 to $168.

Evercore ISI Group Maintains In-Line on Extra Space Storage, Lowers Price Target to $168

Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) has outperformed the market over the past 15 years by 8.49% on an annualized basis producing an average annual return of 20.19%. Currently, Extra Space Storage has a market capitalization of $35.98 billion. 
Buying $100 In EXR: If an investor had bought $100 of EXR stock 15 years ago, it would be worth $1,604.05 today based on a price of $169.77 for EXR at the time of writing.
<h3>Extra Space Storage's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728655211_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Extra Space Storage 15 Years Ago Would Be Worth Today

Joseph Margolis, Chief Executive Officer at Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>), executed a substantial insider sell on October 3, according to an SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001289490/000162828024042227//Archives/edgar/data/1289490/000162828024042227/0001628280-24-042227-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Margolis sold 7,500 shares of Extra Space Storage. The total transaction value is $1,338,900.
Extra Space Storage shares are trading down 3.13% at $170.79 at the time of this writing on Friday morning.
<h3>Delving into Extra Space Storage's Background</h3>
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 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.
<h3>Extra Space Storage's Economic Impact: An Analysis</h3>
Revenue Growth: Extra Space Storage's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 58.52%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: With a high gross margin of 73.29%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Extra Space Storage's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 0.88.
</li>
</ul>
Debt Management: Extra Space Storage's debt-to-equity ratio is below the industry average. With a ratio of 0.83, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 48.17 suggests caution, as the stock may be overvalued in the eyes of investors.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 11.6, Extra Space Storage's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 22.52 reflects market recognition of Extra Space Storage's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001289490">Check Out The Full List Of Extra Space Storage's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Massive Insider Trade At Extra Space Storage

Extra Space Storage's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) short percent of float has risen 20.24% since its last report. The company recently reported that it has 4.60 million shares sold short, which is 2.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Extra Space Storage Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727719215_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Extra Space Storage has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Extra Space Storage's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Extra Space Storage's peer group average for short interest as a percentage of float is 4.21%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(EXR) - Analyzing Extra Space Storage's Short Interest

Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) has outperformed the market over the past 10 years by 1.79% on an annualized basis producing an average annual return of 13.23%. Currently, Extra Space Storage has a market capitalization of $37.56 billion. 
Buying $100 In EXR: If an investor had bought $100 of EXR stock 10 years ago, it would be worth $343.38 today based on a price of $177.23 for EXR at the time of writing.
<h3>Extra Space Storage's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727706611_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59b1370215737d0001bc14de/ryan-zimmerman">BTIG analyst Ryan Zimmerman</a> upgraded GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>) from Neutral to Buy and announced a price target of $100. Dell shares gained 0.2% to close at $86.79 on Tuesday. <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Guggenheim analyst Curry Baker upgraded Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) from Neutral to Buy and announced a $30 price target. Sirius XM shares fell 1.6% to close at $23.27 on Tuesday. <a href="https://www.benzinga.com/quote/SIRI/analyst-ratings">See how other analysts view this stoc</a>k.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/594d093d988ca8000150db4e/jonathan-petersen">Jefferies analyst Jonathan Petersen</a> upgraded the rating for Extra Space Storage Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) from Hold to Buy and raised the price target from $162 to $204. Extra Space Storage shares gained 0.7% to close at $178.78 on Tuesday. <a href="https://www.benzinga.com/quote/EXR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays analyst Adrienne Yih upgraded the rating for Victoria&#8217;s Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) from Underweight to Equal-Weight and raises the price target from $23 to $25 Victoria&#8217;s Secret shares gained 3% to close at $24.27 on Tuesday. <a href="https://www.benzinga.com/quote/VSCO/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/64fb1c739ab00f000169d491/scott-heleniak">RBC Capital analyst Scott Heleniak</a> upgraded the rating for NMI Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMIH#NASDAQ">NMIH</a>) from Sector Perform to Outperform and boosted the price target from $40 to $48. NMI Holdings shares fell 1.4% to close at $41.15 on Tuesday. <a href="https://www.benzinga.com/quote/NMIH/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying GEHC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="523" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18091924/image-142-1024x523.png" alt="" class="wp-image-554014" style="width:615px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18091924/image-142-1024x523.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18091924/image-142-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18091924/image-142-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18091924/image-142.png 1315w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
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Pre-Market Outlook

GEHC

NMIH

SIRI

VSCO

This GE HealthCare Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Jefferies analyst Jonathan Petersen upgrades Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) from Hold to Buy and raises the price target from $162 to $204.

Upgrades

Jefferies Upgrades Extra Space Storage to Buy, Raises Price Target to $204

Disclosed in a recent SEC filing on September 16, Woolley, Director at Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0001289490/000162828024040550//Archives/edgar/data/1289490/000162828024040550/0001628280-24-040550-index.htm">U.S. Securities and Exchange Commission</a>, Woolley, Director at Extra Space Storage, exercised stock options for 6,647 shares of EXR. The transaction value amounted to $641,767.
As of Tuesday morning, Extra Space Storage shares are down by 0.0%, with a current price of $177.63. This implies that Woolley's 6,647 shares have a value of $641,767.
<h3>Unveiling the Story Behind Extra Space Storage</h3>
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 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.
<h3>Financial Insights: Extra Space Storage</h3>
Revenue Growth: Extra Space Storage's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 58.52%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Holistic Profitability Examination:
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Gross Margin: The company sets a benchmark with a high gross margin of 73.29%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Extra Space Storage's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 0.88.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.83, Extra Space Storage adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding Financial Valuation:
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<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 48.53, Extra Space Storage's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 11.68 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Extra Space Storage's EV/EBITDA ratio stands at 22.64, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>Why Pay Attention to Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001289490">Check Out The Full List Of Extra Space Storage's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: Kenneth Woolley Sells Options, Realizes $641K

Evercore ISI Group analyst Steve Sakwa maintains Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) with a In-Line and raises the price target from $167 to $170.

Evercore ISI Group Maintains In-Line on Extra Space Storage, Raises Price Target to $170

Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) has outperformed the market over the past 10 years by 2.52% on an annualized basis producing an average annual return of 12.95%. Currently, Extra Space Storage has a market capitalization of $37.06 billion. 
Buying $1000 In EXR: If an investor had bought $1000 of EXR stock 10 years ago, it would be worth $3,438.77 today based on a price of $174.89 for EXR at the time of writing.
<h3>Extra Space Storage's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726066819_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Extra Space Storage 10 Years Ago Would Be Worth This Much Today

RBC Capital analyst Jonathan Atkin initiates coverage on Extra Space Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>) with a Sector Perform rating and announces Price Target of $180.

Initiation

RBC Capital Initiates Coverage On Extra Space Storage with Sector Perform Rating, Announces Price Target of $180

A Decisive Realignment

Barclays analyst Brendan Lynch maintained a Buy rating on Extra Space Storage (EXR – Research Report) today and set a price target of $192.00. The ...

Barclays Remains a Buy on Extra Space Storage (EXR)

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Extra Space Storage's (EXR) operating partnership Extra Space Storage LP has established an unsecured commercial paper note program in the U.S. Und...

Extra Space Storage announces $1B commercial paper note program

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Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2024 Results

Extra Space Storage Inc. Reports 2024 Second Quarter Results

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Extra Space Announces Pricing of $400 Million of 5.350% Senior Notes due 2035

The Greater Danbury, CT Area's Largest Self-Storage Facility is On-Schedule to Open October 1st

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Extra Space Storage Inc. Announces 3rd Quarter 2024 Dividend

Extra Space Storage Celebrates 20 Years as a Publicly Traded Company

Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 3rd Quarter 2024 Results

Extra Space Storage Inc. Reports 2024 Third Quarter Results

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