Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
177.53
+0.25 (0.14%)
Sep 13, 2024, 10:54 AM EDT - Market open
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 165.92, with a low estimate of 141 and a high estimate of 188. The average target predicts a decrease of -6.54% from the current stock price of 177.53.
Analyst Consensus: Hold
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 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $166 → $167 | Hold | Maintains | $166 → $167 | -5.93% | Aug 28, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $159 → $169 | Sell | Maintains | $159 → $169 | -4.80% | Aug 22, 2024 |
| Barclays | Barclays | Buy Maintains $158 → $188 | Buy | Maintains | $158 → $188 | +5.90% | Aug 22, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $152 → $167 | Hold | Maintains | $152 → $167 | -5.93% | Aug 16, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $172 → $155 | Hold → Sell | Downgrades | $172 → $155 | -12.69% | Aug 5, 2024 |
Financial Forecast
Revenue This Year
2.96B
Revenue Next Year
3.05B
from 2.96B
Increased by 2.98%
EPS This Year
4.20
from 4.74
Decreased by -11.42%
EPS Next Year
4.69
from 4.20
Increased by 11.71%
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 | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 17.6% | 17.1% | ||
| Avg | - | 3.0% | 5.4% | ||
| Low | - | -6.7% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.49 | 5.07 | 5.57 | ||
| Avg | 4.20 | 4.69 | 5.15 | ||
| Low | 3.87 | 4.42 | 4.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.2% | 20.8% | 18.7% | ||
| Avg | -11.4% | 11.7% | 9.8% | ||
| Low | -18.3% | 5.3% | 2.4% |
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.