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Upturn AI SWOT - About
EXR 
Extra Space Storage Inc (EXR)
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Upturn Advisory Summary
10/15/2025: 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
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $157.25
1 Year Target Price $157.25
| 4 | Strong Buy |
| 5 | Buy |
| 11 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -2.22% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 32.14B USD | Price to earnings Ratio 31.52 | 1Y Target Price 157.25 |
Price to earnings Ratio 31.52 | 1Y Target Price 157.25 | ||
Volume (30-day avg) 20 | Beta 1.11 | 52 Weeks Range 118.40 - 168.10 | Updated Date 10/14/2025 |
52 Weeks Range 118.40 - 168.10 | Updated Date 10/14/2025 | ||
Dividends yield (FY) 4.47% | Basic EPS (TTM) 4.69 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 28.77% | Operating Margin (TTM) 45.59% |
Management Effectiveness
Return on Assets (TTM) 3.32% | Return on Equity (TTM) 6.9% |
Valuation
Trailing PE 31.52 | Forward PE 29.07 | Enterprise Value 43550301348 | Price to Sales(TTM) 9.47 |
Enterprise Value 43550301348 | Price to Sales(TTM) 9.47 | ||
Enterprise Value to Revenue 13.16 | Enterprise Value to EBITDA 17.92 | Shares Outstanding 212253611 | Shares Floating 209666239 |
Shares Outstanding 212253611 | Shares Floating 209666239 | ||
Percent Insiders 0.98 | Percent Institutions 98.87 |
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. Initially focused on managing and developing self-storage properties, it grew through acquisitions and development to become one of the largest self-storage operators globally. It went public in 2004.
Core Business Areas
- Self-Storage Operations: The core business involves owning, managing, and acquiring self-storage facilities. This includes renting storage units to individuals and businesses.
- Tenant Reinsurance: Extra Space Storage offers tenant reinsurance programs, providing coverage for tenants' stored goods.
- Management Services: They provide management services to third-party self-storage owners.
Leadership and Structure
The company is led by CEO Joseph D. Margolis. The organizational structure is typical of a large REIT, with departments for operations, finance, development, acquisitions, and marketing. The board of directors provides oversight.
Top Products and Market Share
Key Offerings
- Self-Storage Unit Rentals: Renting storage units is their primary offering. Competitors include Public Storage (PSA), Life Storage (LSI), and CubeSmart (CUBE). It's difficult to isolate revenue attributed solely to rentals as this metric is wrapped into general operating income. Estimates suggest Extra Space commands approximately 11% of US self-storage rental revenue. Competitors: Public Storage (PSA), Life Storage (LSI), CubeSmart (CUBE).
- Tenant Insurance: Tenant insurance provides coverage against loss or damage for items stored in the self-storage units. While market share data is limited, this service adds a revenue stream. Competitors: Decisely, MiniCo.
Market Dynamics
Industry Overview
The self-storage industry is characterized by fragmented ownership, increasing demand driven by relocation, downsizing, and lifestyle changes. It is considered relatively recession-resistant.
Positioning
Extra Space Storage is one of the top three largest self-storage REITs, known for its technology-driven management, acquisition strategy, and brand recognition. They have a large national footprint and significant economies of scale.
Total Addressable Market (TAM)
The TAM for the self-storage industry is estimated at over $40 billion annually in the US. Extra Space Storage is positioned to capture a significant share of this market through its extensive portfolio and expansion strategies.
Upturn SWOT Analysis
Strengths
- Large Scale and National Footprint
- Strong Brand Recognition
- Technology-Driven Management
- Experienced Management Team
- Diversified Geographic Presence
Weaknesses
- High Capital Expenditure Requirements
- Sensitivity to Interest Rate Hikes
- Dependence on Acquisitions for Growth
- Vulnerability to Economic Downturns
- Potential Oversupply in Certain Markets
Opportunities
- Further Acquisitions and Expansion
- Technological Advancements (e.g., Smart Locks, Online Rentals)
- Increasing Demand from Urbanization and Lifestyle Changes
- Expansion into New Markets (e.g., International)
- Strategic Partnerships
Threats
- Increased Competition
- Economic Recession
- Oversupply of Storage Units
- Rising Interest Rates
- Changes in Consumer Behavior
Competitors and Market Share
Key Competitors
- PSA
- LSI
- CUBE
Competitive Landscape
Extra Space Storage competes on price, location, brand, and technology. Their large scale provides economies of scale, but they face competition from other national players and smaller independent operators.
Major Acquisitions
Life Storage
- Year: 2023
- Acquisition Price (USD millions): 12700
- Strategic Rationale: This strategic merger increased the company's portfolio by over 1,200 location and accelerated innovation to meet evolving customer needs.
Growth Trajectory and Initiatives
Historical Growth: Extra Space Storage has grown significantly through acquisitions and organic growth. They are known for their aggressive acquisition strategy.
Future Projections: Analyst estimates typically project continued growth, but are subject to market conditions and competition.
Recent Initiatives: Recent initiatives include strategic acquisitions, technology upgrades (e.g., contactless rentals), and expansion into new markets.
Summary
Extra Space Storage is a strong player in the self-storage industry, benefiting from its large scale, brand recognition, and technology-driven management. They have a consistent record of growth, driven by acquisitions and organic expansion. However, they are exposed to economic downturns, interest rate risk, and increasing competition, and need to continually adapt to changing market dynamics.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
- Company Press Releases
- Company Website
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial advisor. Market conditions are always subject to change and the data presented here may not be comprehensive.
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 June 30, 2025, the Company owned and/or operated 4,179 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.9 million units and approximately 321.5 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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