Extra Space StorageEXR
Market Cap: $36.8B
About: Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,700 self-storage properties in 42 states, with over 280 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 Q2 SEC filings by fund managers ($100M+ AUM)
254% more call options, than puts
Call options by funds: $33.4M | Put options by funds: $9.45M
71% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 58
8% more capital invested
Capital invested by funds: $29.7B [Q1] → $32.1B (+$2.34B) [Q2]
6% more funds holding
Funds holding: 690 [Q1] → 731 (+41) [Q2]
1.92% more ownership
Funds ownership: 95.81% [Q1] → 97.73% (+1.92%) [Q2]
4% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 250
11% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Evercore ISI Group Steve Sakwa 66% 1-year accuracy 31 / 47 met price target | 4%downside $167 | In-Line Maintained | 28 Aug 2024 |
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target | 3%downside $169 | Sector Underperform Maintained | 22 Aug 2024 |
Barclays Brendan Lynch 83% 1-year accuracy 19 / 23 met price target | 8%upside $188 | Overweight Maintained | 22 Aug 2024 |
Truist Securities Ki Bin Kim 70% 1-year accuracy 28 / 40 met price target | 4%downside $167 | Hold Maintained | 16 Aug 2024 |
B of A Securities Jeffrey Spector 50% 1-year accuracy 1 / 2 met price target | 11%downside $155 | Underperform Downgraded | 5 Aug 2024 |
Financial journalist opinion
Based on 7 articles about EXR published over the past 30 days