Extra Space Storage Inc. which can be found using ticker (EXR) have now 10 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 189 and 145 suggesting an average Analsyt target price of $169.50. Given that the stocks previous close was at $148.85 and the analysts are correct then we can expect a percentage increase in value of 13.9%. It’s also worth noting that there is a 50 day moving average of $148.37 and the 200 day MA is $156.98. The company has a market capitalization of 21.40B. The stock price is currently at: 150.42 USD
The potential market cap would be $24,368,088,980 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 23.84, revenue per share of 15.11 and a 6.1% return on assets.
Extra Space Storage Inc. is an integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties, or stores. Its segments include self-storage operations and tenant reinsurance. Its self-storage operations activities include rental operations of wholly owned stores. Its tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s business is conducted through its operating partnership, Extra Space Storage LP (the Operating Partnership). It invests in stores by acquiring wholly owned stores or by acquiring an equity interest in real estate entities. The Company had direct and indirect equity interests in over 1,451 stores. The Company manages over 887 stores for third parties. It also offers tenant reinsurance at its owned and managed stores that insures the value of goods in the storage units.
