Extra Space Storage traded at $143.37 this Tuesday May 12th, decreasing $1.21 or 0.84 percent since the previous trading session. Looking back, over the last four weeks, Extra Space Storage lost 2.59 percent. Over the last 12 months, its price fell by 3.71 percent. Looking ahead, we forecast Extra Space Storage to be priced at 140.33 by the end of this quarter and at 131.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Extra Space Storage Inc is an integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties, or stores. The Company’s segments include self-storage operations and tenant reinsurance. The self-storage operations activities include rental operations of wholly-owned stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s business is conducted through its operating partnership, Extra Space Storage LP (the Operating Partnership). The Company's primary assets are a general partner and limited partner interests in its operating partnership.