Extra Space Storage (NYSE:EXR) 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.
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.
