Extra Space Storage Inc (EXR) Stock Forecast & Price Target
Extra Space Storage Inc · NYSE
$152.26+3.97 (+2.68%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Extra Space Storage Inc, 4 rate it Buy or better, 9 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $144.00 to $172.00, so the covering firms are broadly aligned. The average target of $154.00 sits 1% above the current $152.26. The rating mix has stayed broadly stable, with Buy-side ratings easing from 5 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.17 next quarter toward $4.76 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy431%
Hold969%
Sell00%
Strong Sell00%
Based on 13 analysts giving stock ratings to Extra Space Storage Inc.
As of Jul, 4 of 13 firms rate EXR a Buy (9 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
EXR EPS & revenue forecast
EPS · NEXT QUARTER
$1.17
Range $1.11 – $1.21 · 5 analysts · +50% YoY
Next period, 5 analysts expect Extra Space Storage Inc to earn $1.17 a share (range $1.11 – $1.21), versus $0.78 a year earlier. Full-year consensus is $4.54, growing to $4.76 the year after.
REVENUE · NEXT QUARTER
$748.7M
Range $742.7M – $754.2M · 5 analysts · +2% YoY
Revenue is expected to reach $748.7M (range $742.7M – $754.2M), +1.8% year-over-year. Full-year consensus is $3.0B, rising to $3.1B next year.
Top analysts covering Extra Space Storage Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on EXR.
#1
Steve Sakwa
Evercore ISI Group · Rank #127
Hold
$149.00-2.1% to target
Overall win rate
40%
+ Follow
#2
Michael Lewis
Truist Securities · Rank #178
Hold
$148.00-2.8% to target
Overall win rate
41%
+ Follow
#3
Caitlin Burrows
Goldman Sachs · Rank #244
Hold
$152.00-0.2% to target
Overall win rate
50%
+ Follow
#4
Eric Luebchow
Wells Fargo
Buy
$158.00+3.8% to target
Coverage
—
+ Follow
#5
RV
Ravi Vaidya
Mizuho
Buy
$155.00+1.8% to target
Coverage
—
+ Follow
EXR stock forecast FAQ
What is EXR's average 12-month price target?+
The 13 analysts with a live target average $154.00 for Extra Space Storage Inc over the next 12 months, ranging from a $172.00 high to a $144.00 low.
Is EXR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 4 are Buy or Strong Buy, 9 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for EXR?+
The Street-high target is $172.00 (Barclays), and the Street-low is $144.00 (JP Morgan). The average of all 13 active targets is $154.00.
How many Wall Street analysts cover EXR?+
13 analysts have an active rating on Extra Space Storage Inc, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering EXR?+
Among analysts who currently cover EXR, Steve Sakwa of Evercore ISI Group has the strongest overall Quantellect track record (Rank #127). Their current call is Hold with a $149.00 target.
What is Extra Space Storage Inc's projected EPS for next quarter?+
The consensus estimate is $1.17 per share (range $1.11 – $1.21) across 5 analysts. Full-year EPS is projected at $4.54, rising to $4.76 the following year.
How much revenue is Extra Space Storage Inc expected to report next quarter?+
Consensus revenue is $748.7M (range $742.7M – $754.2M). Full-year revenue is projected at $3.0B, growing to $3.1B next year.
Have analysts been upgrading or downgrading EXR lately?+
As of Jul, 4 of 13 firms rate EXR a Buy (9 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their EXR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
