EXR
BalancerExtra Space Storage
$139.75
+0.68%
as of 13 Apr
Power Core
Extra Space Storage's moat is its integrated revenue management and third-party management platform, which converts scale into pricing intelligence across both owned and non-owned properties.
Direction of Movement
Lateral Consolidation With Upward Optionality From Platform Growth
ROC 200
-10.1%
EXR
Extra Space Storage
$139.75
+0.68%
as of 13 Apr
DCF Fair Value: $187.28
Market data unavailable
Company Profile
Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT) specializing in the ownership, operation, and management of self-storage facilities. Headquartered in Salt Lake City, Utah, the company provides customers with a diverse array of secure and conveniently located storage solutions, including climate-controlled units, drive-up access, lockers, boat and RV storage, vehicle storage, and business storage options. Operating under brands such as Extra Space Storage, Life Storage, and Storage Express, it maintains an extensive portfolio of stores across 43 states and Washington, D.C., featuring millions of rentable square feet in units of various sizes like 5x5, 10x10, and larger configurations. Extra Space Storage Inc. also engages in third-party property management and tenant reinsurance, serving as the largest self-storage management company in the United States. Its diversified presence spans 98 of the 100 largest U.S. metro areas, ensuring stable operations through a balanced portfolio where no single property or market dominates revenue.