Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
176.61
-4.73 (-2.61%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Extra Space Storage Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Extra Space Storage stock have an average target of 170.93, with a low estimate of 141 and a high estimate of 204. The average target predicts a decrease of -3.22% from the current stock price of 176.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EXR stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $162 → $204 | Hold → Strong Buy | Upgrades | $162 → $204 | +15.51% | Sep 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $167 → $170 | Hold | Maintains | $167 → $170 | -3.74% | Sep 16, 2024 |
| RBC Capital | RBC Capital | Hold Initiates $180 | Hold | Initiates | $180 | +1.92% | Sep 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $172 → $178 | Buy | Maintains | $172 → $178 | +0.79% | Sep 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $166 → $167 | Hold | Maintains | $166 → $167 | -5.44% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
2.96B
Revenue Next Year
3.04B
from 2.96B
Increased by 2.50%
EPS This Year
4.43
from 4.74
Decreased by -6.44%
EPS Next Year
4.98
from 4.43
Increased by 12.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.4B | 3.5B | 3.6B | ||
| Avg | 3.0B | 3.0B | 3.2B | ||
| Low | 2.7B | 2.8B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 18.2% | 18.4% | ||
| Avg | - | 2.5% | 5.3% | ||
| Low | - | -6.2% | -4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.84 | 5.97 | 6.23 | ||
| Avg | 4.43 | 4.98 | 5.43 | ||
| Low | 3.87 | 4.42 | 4.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.2% | 34.7% | 24.9% | ||
| Avg | -6.4% | 12.4% | 9.0% | ||
| Low | -18.3% | -0.3% | -2.3% |
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.