Extra Space Storage Inc with ticker code (EXR) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 197 and 145 calculating the average target price we see $172.90. Given that the stocks previous close was at $156.31 this now indicates there is a potential upside of 10.6%. It’s also worth noting that there is a 50 day moving average of $159.99 and the 200 day MA is $168.35. The company has a market capitalization of $22,009m. You can visit the company’s website by visiting: https://www.extraspace.com
The potential market cap would be $24,345m based on the market consensus.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company’s stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
The company has a dividend yield of 4.15% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.18, revenue per share of 14.66 and a 5.96% return on assets.
