Extra Space Storage Inc. which can be found using ticker (EXR) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $180.00 and $131.00 calculating the average target price we see $158.73. Given that the stocks previous close was at $140.06 this is indicating there is a potential upside of 13.3%. There is a 50 day moving average of $149.25 and the 200 moving average now moves to $136.86. The total market capitalization for the company now stands at 30.41B. The stock price is currently at: $139.20 USD
The potential market cap would be $34,468,284,261 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 26.26, revenue per share of $15.48 and a 3.84% 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.
