Extra Space Storage Inc
EXR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DWz | LOCK|kF | LOCK|y>Yz<@n |
Lower Demand and Higher Supply Growth Weighing on Extra Space Storage in the Near Term
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 firm also has a lucrative insurance business and a strategically important third-party management business.
