5 Best “Land Owner” Stocks to Buy for Hard Asset Value

In this article, we will discuss the 5 Best “Land Owner” Stocks to Buy for Hard Asset Value. For deeper discussion and analysis, read 7 Best “Land Owner” Stocks to Buy for Hard Asset Value.

5. Extra Space Storage Inc. (NYSE:EXR)

Short Percentage of Shares Outstanding: 2.20%

On May 27, Mizuho raised its price target on Extra Space Storage Inc. (NYSE:EXR) to $155 from $150 while maintaining an Outperform rating on the shares. Although the firm noted potential demand risks associated with new construction activity within the self-storage sector, the higher target reflects confidence in the company’s ability to navigate industry challenges and maintain its competitive position within the market.

On May 18, UBS analyst Michael Goldsmith increased the firm’s price target on Extra Space Storage Inc. (NYSE:EXR) to $158 from $148 and reiterated a Buy rating on the stock. The upward revision underscores UBS’s positive outlook on the company’s operating performance and long-term prospects, highlighting confidence in its ability to generate value through its extensive portfolio of storage assets.

Founded in 1977 and headquartered in Salt Lake City, Utah, Extra Space Storage Inc. (NYSE:EXR) is a real estate investment trust (REIT) that acquires, develops, and operates self-storage facilities. It serves as a classic “landowner stock for hard asset value” by converting raw real estate into income-producing facilities backed by the intrinsic, inflation-resistant value of the physical land and buildings.