Extra Space Storage Inc

EXR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$691.00	Jjwl	Pmvzqsxy

Slowing Demand for Self-Storage Will Weigh on Extra Space's Results in 2024

Suryansh Sharma

Mar 6, 2024

Business Strategy and Outlook

Extra Space Storage acquires, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease, for personal and business use. The company also has a lucrative insurance business and a strategically important third-party management business.

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