Here’s How Much You Would Have Made Owning Extra Space Storage Stock In The Last 20 Years

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 20 years by 1.47% on an annualized basis producing an average annual return of 10.51%. Currently, Extra Space Storage has a market capitalization of $27.78 billion.

Buying $1000 In EXR: If an investor had bought $1000 of EXR stock 20 years ago, it would be worth $7,429.94 today based on a price of $131.51 for EXR at the time of writing.

Extra Space Storage’s Performance Over Last 20 Years

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.