# Extra Space Storage Inc.  Share Price Target ‘$155.47’, now 13.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/extra-space-storage-inc.share-price-target-155.47-now-13.2-upside-potential/4121154330
- Published: 2024-05-01T14:50:11+01:00
- Author: Charlotte Edwards

**Extra Space Storage Inc.** with ticker code (EXR) now have 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The range between
the high target price and low target price is between $180.00 and $131.00 calculating
the mean target share price we have $155.47. (at the time of writing). Now with 
the previous closing price of $137.38 and the analysts are correct then there would
likely be a percentage uptick in value of 13.2%. It’s also worth noting that there
is a 50 day moving average of $141.52 and the 200 day MA is $135.37. The company
has a market capitalization of 29.39B. The stock price for the company is currently
is currently $134.28 USD

 The potential market cap would be $33,260,331,881 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 28.33, revenue per share of $15.45
and a 4.3% 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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