Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
148.01
-0.42 (-0.28%)
Jan 8, 2025, 4:00 PM EST - Market closed
Extra Space Storage Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Extra Space Storage stock have an average target of 173.08, with a low estimate of 141 and a high estimate of 204. The average target predicts an increase of 16.94% from the current stock price of 148.01.
Analyst Consensus: Hold
* Price targets were last updated on Dec 5, 2024.
Analyst Ratings
The average analyst rating for EXR stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 2 | 2 | 2 |
| Buy | 3 | 4 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 7 | 7 | 7 | 6 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 15 | 15 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $167 → $168 | Hold | Maintains | $167 → $168 | +13.51% | Dec 5, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $169 → $167 | Sell | Maintains | $169 → $167 | +12.83% | Nov 25, 2024 |
| Barclays | Barclays | Buy Maintains $188 → $192 | Buy | Maintains | $188 → $192 | +29.72% | Oct 28, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $175 | Buy → Hold | Downgrades | $175 | +18.24% | Oct 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $170 → $168 | Hold | Maintains | $170 → $168 | +13.51% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
3.02B
Revenue Next Year
3.09B
from 3.02B
Increased by 2.35%
EPS This Year
4.21
from 4.74
Decreased by -11.25%
EPS Next Year
4.77
from 4.21
Increased by 13.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.4B | 3.5B | 3.7B | |||
| Avg | 3.0B | 3.1B | 3.2B | |||
| Low | 2.7B | 2.8B | 2.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 17.4% | 19.0% | |||
| Avg | - | 2.4% | 3.4% | |||
| Low | - | -8.0% | -8.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.84 | 5.97 | 6.23 | |||
| Avg | 4.21 | 4.77 | 5.11 | |||
| Low | 3.67 | 4.20 | 4.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 23.2% | 42.0% | 30.6% | |||
| Avg | -11.3% | 13.3% | 7.2% | |||
| Low | -22.7% | -0.0% | -9.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.