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Upturn AI SWOT - About
EXR 
Extra Space Storage Inc (EXR)
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Upturn Advisory Summary
06/30/2025: EXR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
20 Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $162.5
1 Year Target Price $162.5
| 4 | Strong Buy |
| 5 | Buy |
| 11 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0.94% | Avg. Invested days 35 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 32.32B USD | Price to earnings Ratio 33.92 | 1Y Target Price 162.5 |
Price to earnings Ratio 33.92 | 1Y Target Price 162.5 | ||
Volume (30-day avg) 20 | Beta 1.13 | 52 Weeks Range 119.72 - 178.97 | Updated Date 06/29/2025 |
52 Weeks Range 119.72 - 178.97 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.44% | Basic EPS (TTM) 4.3 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.13% | Operating Margin (TTM) 44.4% |
Management Effectiveness
Return on Assets (TTM) 3.33% | Return on Equity (TTM) 6.39% |
Valuation
Trailing PE 33.92 | Forward PE 31.15 | Enterprise Value 44079990102 | Price to Sales(TTM) 9.61 |
Enterprise Value 44079990102 | Price to Sales(TTM) 9.61 | ||
Enterprise Value to Revenue 13.45 | Enterprise Value to EBITDA 18.61 | Shares Outstanding 212211008 | Shares Floating 209617664 |
Shares Outstanding 212211008 | Shares Floating 209617664 | ||
Percent Insiders 0.97 | Percent Institutions 99.7 |
Analyst Ratings
Rating 5 | Target Price 162.5 | Buy 5 | Strong Buy 4 |
Buy 5 | Strong Buy 4 | ||
Hold 11 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Extra Space Storage Inc
Company Overview
History and Background
Extra Space Storage Inc. was founded in 1977 in Salt Lake City, Utah. It began as a small self-storage business and has grown to become one of the largest self-storage operators in the United States. It became a publicly traded REIT in 2004.
Core Business Areas
- Self-Storage Operations: The core business involves owning, operating, and managing self-storage facilities. This includes renting storage units to individuals and businesses.
- Property Management: Extra Space Storage manages properties for third-party owners, earning fees based on the performance of these facilities.
- Tenant Reinsurance: Offers reinsurance to tenants to cover their items placed in storage at Extra Space Storage facilities.
Leadership and Structure
The leadership team includes Joseph D. Margolis (CEO), Scott Stubbs (CFO). The organizational structure is typical of a REIT, with departments overseeing operations, finance, marketing, and development.
Top Products and Market Share
Key Offerings
- Self-Storage Units: Offers a variety of storage unit sizes to individuals and businesses. Extra Space Storage has a significant market share within the self-storage industry. Competitors include Public Storage, Life Storage, and CubeSmart. Market share data is provided below. Revenue is derived from rental income.
- Tenant Insurance: Provides tenant insurance, offering financial protection for stored goods. Revenue is derived from premiums. Competitors are other insurance providers and self-storage companies that offer similar programs.
Market Dynamics
Industry Overview
The self-storage industry is characterized by stable demand, fragmented ownership, and ongoing consolidation. Demand drivers include population growth, mobility, and life events.
Positioning
Extra Space Storage is a leading player in the self-storage industry, known for its national brand, strong operational expertise, and robust technology platform. It competes effectively through scale, brand recognition, and customer service.
Total Addressable Market (TAM)
The self-storage industry TAM is estimated to be in the tens of billions of dollars annually. Extra Space Storage is well-positioned to capture a significant share of this market through organic growth, acquisitions, and third-party management.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Large and diversified portfolio of properties
- Experienced management team
- Proprietary technology platform
- Effective third-party management program
Weaknesses
- Sensitivity to economic cycles
- High capital expenditure requirements
- Dependence on property management revenue
- Exposure to interest rate risk
Opportunities
- Further consolidation of the self-storage industry
- Expansion into new markets
- Increased adoption of technology
- Growth in third-party management contracts
- Development of ancillary services
Threats
- Economic downturns
- Increased competition
- Rising interest rates
- Changes in consumer behavior
- Natural disasters
Competitors and Market Share
Key Competitors
- PSA
- LSI
- CUBE
Competitive Landscape
Extra Space Storage competes effectively due to its size, brand recognition, and technology platform. However, it faces competition from other large players and smaller, regional operators. The competitive landscape is characterized by ongoing consolidation and innovation.
Major Acquisitions
Life Storage Inc.
- Year: 2023
- Acquisition Price (USD millions): 12700
- Strategic Rationale: This acquisition expanded Extra Space Storage's portfolio significantly, enhancing its market presence and operational efficiencies.
Growth Trajectory and Initiatives
Historical Growth: Extra Space Storage has experienced significant growth through acquisitions, organic growth, and third-party management. The company's growth rate has varied depending on economic conditions and strategic initiatives.
Future Projections: Future growth projections depend on analyst estimates. These estimates typically consider factors such as industry growth, acquisition activity, and the company's ability to execute its strategy.
Recent Initiatives: Recent initiatives include acquisitions of smaller self-storage operators, investments in technology, and expansion of the third-party management program.
Summary
Extra Space Storage is a strong player in the self-storage industry, benefiting from its size, brand, and tech. The acquisition of Life Storage has strengthened its position. However, it must navigate economic cycles, interest rate risks, and increasing competition. Continued investment in technology and strategic acquisitions will be essential for future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
- Company Website
- Publicly available financial data
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Financial data and market conditions are subject to change. Investment decisions should be based on individual due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Extra Space Storage Inc
Exchange NYSE | Headquaters Salt Lake City, UT, United States | ||
IPO Launch date 2004-08-12 | CEO & Director Mr. Joseph Daniel Margolis J.D. | ||
Sector Real Estate | Industry REIT - Industrial | Full time employees 8012 | Website https://www.extraspace.com |
Full time employees 8012 | Website https://www.extraspace.com | ||
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 March 31, 2025, the Company owned and/or operated 4,099 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 315.0 million square feet of rentable space operating under the Extra Space brand. 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. It is the largest operator of self-storage properties in the United States.
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