Here's How Much $1000 Invested In Extra Space Storage 15 Years Ago Would Be Worth Today

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 15 years by 4.85% on an annualized basis producing an average annual return of 17.55%. Currently, Extra Space Storage has a market capitalization of $31.29 billion.

Buying $1000 In EXR: If an investor had bought $1000 of EXR stock 15 years ago, it would be worth $11,306.75 today based on a price of $147.44 for EXR at the time of writing.

Extra Space Storage's Performance Over Last 15 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.