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NYSE: EXR
Extra Space Storage Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for EXR

Based on 11 analysts offering 12 month price targets for Extra Space Storage Inc.
Min Forecast
$119.00-10.71%
Avg Forecast
$152.73+14.59%
Max Forecast
$187.00+40.31%

Should I buy or sell EXR stock?

Based on 11 analysts offering ratings for Extra Space Storage Inc.
Buy
Strong Buy
4 analysts 36.36%
Buy
1 analysts 9.09%
Hold
5 analysts 45.45%
Sell
1 analysts 9.09%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their EXR stock forecasts and price targets.

EXR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-03-07
lockedlocked$00.00+00.00%2024-02-13
Deutsche Bank
Top 40%
61
HoldInitiates Coverage On$141.00+5.79%2024-01-30
Goldman Sachs
Bottom 5%
5
Strong BuyMaintains$187.00+40.31%2024-01-11
Truist Securities
Top 22%
79
HoldMaintains$152.00+14.05%2023-12-28
Morgan Stanley
Top 18%
83
HoldUpgrades$150.00+12.55%2023-12-21
Stifel Nicolaus
Top 22%
79
Strong BuyMaintains$165.00+23.80%2023-11-08

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Forecast return on equity

Is EXR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is EXR forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

EXR revenue forecast

What is EXR's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.2B+25.31%
Avg 2 year Forecast
$3.3B+29.2%
Avg 3 year Forecast
$3.4B+33.19%
EXR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EXR earnings growth forecast

How is EXR forecast to perform vs REIT - Industrial companies and vs the US market?
Company
29.73%
Industry
31%
Market
21.77%
EXR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
EXR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
EXR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

EXR revenue growth forecast

How is EXR forecast to perform vs REIT - Industrial companies and vs the US market?
Company
10.02%
Industry
6.14%
Market
10.16%
EXR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EXR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EXR vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
EXR$133.28$152.73+14.59%Buy
PSA$262.22$307.70+17.34%Buy
REXR$43.73$52.43+19.89%Hold
CUBE$41.80$45.89+9.78%Hold
EGP$165.75$187.75+13.27%Buy
View Top Industrial REIT Stocks

Extra Space Storage Stock Forecast FAQ

Is Extra Space Storage Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: EXR) stock is to Buy EXR stock.

Out of 11 analysts, 4 (36.36%) are recommending EXR as a Strong Buy, 1 (9.09%) are recommending EXR as a Buy, 5 (45.45%) are recommending EXR as a Hold, 1 (9.09%) are recommending EXR as a Sell, and 0 (0%) are recommending EXR as a Strong Sell.

If you're new to stock investing, here's how to buy Extra Space Storage stock.

What is EXR's revenue growth forecast for 2024-2026?

(NYSE: EXR) Extra Space Storage's forecast annual revenue growth rate of 10.02% is forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 6.14%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Extra Space Storage's revenue in 2024 is $2,560,244,000.On average, 3 Wall Street analysts forecast EXR's revenue for 2024 to be $678,766,072,617, with the lowest EXR revenue forecast at $670,865,878,845, and the highest EXR revenue forecast at $693,145,737,044. On average, 3 Wall Street analysts forecast EXR's revenue for 2025 to be $699,848,842,000, with the lowest EXR revenue forecast at $685,691,119,279, and the highest EXR revenue forecast at $719,641,218,191.

In 2026, EXR is forecast to generate $721,485,936,710 in revenue, with the lowest revenue forecast at $700,886,826,752 and the highest revenue forecast at $745,271,359,420.

What is EXR's forecast return on assets (ROA) for 2024-2027?

(NYSE: EXR) forecast ROA is N/A, which is lower than the forecast US REIT - Industrial industry average of N/A.

What is EXR's Price Target?

According to 11 Wall Street analysts that have issued a 1 year EXR price target, the average EXR price target is $152.73, with the highest EXR stock price forecast at $187.00 and the lowest EXR stock price forecast at $119.00.

On average, Wall Street analysts predict that Extra Space Storage's share price could reach $152.73 by Apr 5, 2025. The average Extra Space Storage stock price prediction forecasts a potential upside of 14.59% from the current EXR share price of $133.28.

What is EXR's forecast return on equity (ROE) for 2024-2027?

(NYSE: EXR) forecast ROE is N/A, which is considered weak.
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