Extra Space Storage Inc. (EXR)
NYSE: EXR · IEX Real-Time Price · USD
147.00
+0.25 (0.17%)
Mar 28, 2024, 4:00 PM EDT - Market closed
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 151.57, with a low estimate of 119 and a high estimate of 187. The average target predicts an increase of 3.11% from the current stock price of 147.00.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EXR stock from 14 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 3 | 3 | 3 | 3 | 2 |
Buy | 1 | 1 | 2 | 2 | 2 | 4 |
Hold | 6 | 6 | 6 | 6 | 6 | 7 |
Sell | 2 | 2 | 0 | 0 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 12 | 11 | 11 | 12 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Raymond James | Raymond James | Strong Buy → Buy Downgrades $160 | Strong Buy → Buy | Downgrades | $160 | +8.84% | Mar 28, 2024 |
Barclays | Barclays | Buy Initiates $157 | Buy | Initiates | $157 | +6.80% | Mar 27, 2024 |
Jefferies | Jefferies | Hold Maintains $155 → $158 | Hold | Maintains | $155 → $158 | +7.48% | Mar 7, 2024 |
Wells Fargo | Wells Fargo | Buy Maintains $155 → $150 | Buy | Maintains | $155 → $150 | +2.04% | Mar 4, 2024 |
Scotiabank | Scotiabank | Sell Initiates $131 | Sell | Initiates | $131 | -10.88% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
2.89B
from 2.56B
Increased by 12.88%
Revenue Next Year
3.06B
from 2.89B
Increased by 5.74%
EPS This Year
5.03
from 4.74
Increased by 6.07%
EPS Next Year
5.42
from 5.03
Increased by 7.85%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.4B | 3.6B | 3.9B | 3.4B | 3.6B |
Avg | 2.9B | 3.1B | 3.4B | 3.2B | 3.4B |
Low | 2.5B | 2.5B | 3.0B | 3.1B | 3.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 32.7% | 23.3% | 27.2% | -0.3% | 9.8% |
Avg | 12.9% | 5.7% | 10.7% | -4.1% | 5.6% |
Low | -1.7% | -13.1% | -2.4% | -6.9% | 2.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.01 | 6.39 | 6.60 | 6.64 | 7.12 |
Avg | 5.03 | 5.42 | 5.78 | 6.38 | 6.85 |
Low | 3.90 | 4.15 | 4.51 | 6.19 | 6.64 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 26.7% | 27.2% | 21.8% | 14.7% | 11.5% |
Avg | 6.1% | 7.9% | 6.7% | 10.3% | 7.3% |
Low | -17.7% | -17.6% | -16.9% | 7.1% | 4.1% |
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.