# Extra Space Storage Inc.  Share Price Target ‘$162.27’, now 2.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/extra-space-storage-inc.share-price-target-162.27-now-2.2-upside-potential/4121167529
- Published: 2024-08-07T13:29:46+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 $141.00 suggesting
an average analyst share price target price of $162.27. (at the time of writing).
Now with the previous closing price of $158.74 and the analysts are correct then
we can expect a percentage increase in value of 2.2%. Also worth taking note is 
the 50 day moving average now sits at $156.21 and the 200 day moving average is 
$143.60. The market cap for the company is 35.99B. The stock price is currently 
at: $163.20 USD

 The potential market cap would be $36,794,175,341 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 44.59, revenue per share of $15.51
and a 4.54% 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.

Share on: