Extra Space Storage Inc. which can be found using ticker (EXR) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $172.00 and $115.00 calculating the average target price we see $144.21. Given that the stocks previous close was at $153.73 this would imply there is a potential downside of -6.2%. The 50 day moving average now sits at $123.24 while the 200 day moving average is $138.44. The market capitalization for the company is 33.13B. The current share price for the company is: $151.61 USD
The potential market cap would be $31,074,213,399 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 28.55, 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.
