# Extra Space Storage Inc. – Consensus ‘hold’ rating and 7.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/extra-space-storage-inc.consensus-hold-rating-and-7.4-upside-potential/4121133025
- Published: 2023-11-16T14:25:18+00:00
- Author: Charlotte Edwards

**Extra Space Storage Inc.** which can be found using ticker (EXR) now have 13 market
analysts covering the stock. The analyst consensus now points to a rating of ‘hold’.
The range between the high target price and low target price is between $172.00 
and $115.00 suggesting an average Analsyt target price of $139.15. Now with the 
previous closing price of $129.55 and the analysts are correct then there would 
likely be a percentage uptick in value of 7.4%. It’s also worth noting that there
is a 50 day moving average of $117.67 while the 200 day moving average is $141.39.
The market cap for the company is 28.40B. The stock price for the company is currently
is currently $130.00 USD

 The potential market cap would be $30,508,768,871 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 24.53, 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.

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