Extra Space Storage
About: Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,800 self-storage properties in 42 states, with over 285 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Employees: 7,618
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
330% more call options, than puts
Call options by funds: $62.3M | Put options by funds: $14.5M
38% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 11 (+3) [Q3]
10% more capital invested
Capital invested by funds: $32.4B [Q2] → $35.6B (+$3.23B) [Q3]
0% less funds holding
Funds holding: 736 [Q2] → 734 (-2) [Q3]
2% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 86
5% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 264
4.23% less ownership
Funds ownership: 98.69% [Q2] → 94.46% (-4.23%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Barclays Brendan Lynch 50% 1-year accuracy 14 / 28 met price target | 17%upside $192 | Overweight Maintained | 28 Oct 2024 |
Wells Fargo Eric Luebchow 79% 1-year accuracy 34 / 43 met price target | 6%upside $175 | Equal-Weight Downgraded | 21 Oct 2024 |
Evercore ISI Group Steve Sakwa 53% 1-year accuracy 31 / 59 met price target | 2%upside $168 | In-Line Maintained | 14 Oct 2024 |
Jefferies Jonathan Petersen 46% 1-year accuracy 6 / 13 met price target | 24%upside $204 | Buy Upgraded | 18 Sept 2024 |
Evercore ISI Group Steve Sakwa 53% 1-year accuracy 31 / 59 met price target | 3%upside $170 | In-Line Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 13 articles about EXR published over the past 30 days
