Company Overview
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Company Information
- CEO
- Joseph Daniel Margolis
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Employees
- 8012
Contact Information
- Website
- https://www.extraspace.com
- Address
- 2795 East Cottonwood Parkway
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Real Estate leader with 30.21B market capitalization
- Trading Volume: 648.96K shares traded today
- Price Range: 52-week range of $121.03 - $184.87
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Extra Space Storage Inc.
Extra Space Storage Inc. (EXR) operates in the REIT - Industrial industry within the Real Estate sector. With a current market capitalization of 30.21B, the company represents a significant player in its market. The stock is currently trading at $142.32 with a positivedaily change of 0.53%.
The company's 8012 employee base and presence on the New York Stock Exchangeexchange position it as a Real Estate sector leader. Investors should consider the stock's P/E ratio of 30.94, beta of 1.08, and 52-week price range from $121.03 to $184.87when evaluating investment opportunities.
Why Invest in Extra Space Storage Inc.?
Strengths
- • Established market presence in Real Estate
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Joseph Daniel Margolis
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Real Estate Stocks
About Real Estate Sector
The Real Estate sector includes companies that own, develop, and manage real estate properties including commercial, residential, and industrial.