Extra Space Storage Inc. which can be found using ticker (EXR) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 185 and 115 with the average target price sitting at $153.58. Given that the stocks previous close was at $121.23 this would indicate that there is a potential upside of 26.7%. The 50 day MA is $126.08 and the 200 day MA is $146.08. The company has a market capitalization of 26.71B. The stock price for the company is currently is currently 122.25 USD
The potential market cap would be $33,838,180,118 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 19.98, revenue per share of 15.38 and a 6% 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.
