Company name | Extra Space Storage, Inc. |
Stock ticker | EXR |
Live stock price | [stckqut]EXR[/stckqut] |
P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
Employee productivity | Poor |
Sales growth | Good |
EPS growth | Good |
P/E growth | Good |
EBIT growth | Good |
ANALYSIS
Confident Investor Rating | Good |
Target stock price (TWCA growth scenario) | $49.69 |
Target stock price (averages with growth) | $63.82 |
Target stock price (averages with no growth) | $39.6 |
Target stock price (manual assumptions) | $50.21 |
The following company description is from Google Finance: http://www.google.com/finance?q=exr
Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops professionally managed self-storage facilities. As of December 31, 2011, Extra Space Storage Inc. held ownership interests in 697 operating properties. Of these operating properties, 356 are wholly owned, and 341 are owned in joint venture partnerships. An additional 185 operating properties that are owned by franchisees or third-parties in exchange for a management fee, bringing the total number of operating properties, which it owns and/or manages to 882. The Company operates in three segments: property management, acquisition and development; rental operations, and tenant reinsurance.
Confident Investor comments: This is a very solid REIT. If you need real estate exposure in your portfolio, it probably doesn’t get much better than Extra Space [stckqut]exr[/stckqut]. At this price and at this time, I think that a Confident Investor can confidently invest in this stock.