Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
166.29
+1.25 (0.76%)
Nov 21, 2024, 10:44 AM EST - Market open
Extra Space Storage Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Extra Space Storage stock have an average target of 171.5, with a low estimate of 141 and a high estimate of 204. The average target predicts an increase of 3.13% from the current stock price of 166.29.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for EXR stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 4 | 3 | 3 |
| Hold | 7 | 7 | 6 | 6 | 7 | 7 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $188 → $192 | Buy | Maintains | $188 → $192 | +15.46% | Oct 28, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $175 | Buy → Hold | Downgrades | $175 | +5.24% | Oct 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $170 → $168 | Hold | Maintains | $170 → $168 | +1.03% | Oct 14, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $162 → $204 | Hold → Strong Buy | Upgrades | $162 → $204 | +22.68% | Sep 18, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $167 → $170 | Hold | Maintains | $167 → $170 | +2.23% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
3.01B
Revenue Next Year
3.08B
from 3.01B
Increased by 2.43%
EPS This Year
4.30
from 4.74
Decreased by -9.29%
EPS Next Year
4.86
from 4.30
Increased by 12.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.4B | 3.5B | 3.7B | ||
| Avg | 3.0B | 3.1B | 3.2B | ||
| Low | 2.7B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 16.9% | 18.5% | ||
| Avg | - | 2.4% | 4.6% | ||
| Low | - | -8.7% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.84 | 5.97 | 6.23 | ||
| Avg | 4.30 | 4.86 | 5.21 | ||
| Low | 3.67 | 4.20 | 4.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.2% | 39.0% | 28.2% | ||
| Avg | -9.3% | 13.0% | 7.4% | ||
| Low | -22.7% | -2.2% | -10.8% |
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.