Extra Space Storage Inc
EXR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$363.00 | Zxfl | Mpcjwbqhfk |
Occupancy and Same-Store Rent Growth for Extra Space Storage Will Normalize in 2023
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.