Extra Space Storage Inc with ticker code (EXR) have now 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 suggesting an average Analsyt target price of $173.40. Given that the stocks previous close was at $152.22 this indicates there is a potential upside of 13.9%. The 50 day moving average now sits at $158.58 and the 200 day moving average is $167.81. The company has a market cap of $21,382m. Visit the company website at: https://www.extraspace.com
The potential market cap would be $24,357m 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 December 31, 2022, the Company owned and/or operated 2,338 self-storage stores in 41 states and Washington, D.C. The Company’s stores comprise approximately 1.6 million units and approximately 176.1 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 4.26% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 23.45, revenue per share of 14.66 and a 5.96% return on assets.
