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

Analyst price target for EXR

Based on 7 analysts offering 12 month price targets for Extra Space Storage Inc.
Min Forecast
$145.00-1.08%
Avg Forecast
$170.43+16.27%
Max Forecast
$189.00+28.94%

Should I buy or sell EXR stock?

Based on 7 analysts offering ratings for Extra Space Storage Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
0 analysts 0%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

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EXR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 20%
81
Strong BuyReinstates$189.00+28.94%2023-05-08
KeyBanc
Top 10%
91
Strong BuyMaintains$172.00+17.34%2023-04-05
Raymond James
Bottom 15%
15
Strong BuyUpgrades$185.00+26.21%2023-04-04
Truist Securities
Top 23%
78
HoldMaintains$165.00+12.57%2023-03-09
JP Morgan
Bottom 6%
6
HoldDowngrades$167.00+13.93%2022-12-16
Morgan Stanley
Top 14%
87
Strong SellMaintains$145.00-1.08%2022-12-14
Citigroup
Bottom 2%
2
HoldMaintains$170.00+15.98%2022-12-12

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Forecast return on equity

Is EXR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
72.91%

Forecast return on assets

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

EXR earnings growth forecast

How is EXR forecast to perform vs REIT - Industrial companies and vs the US market?
Company
15.46%
Industry
16.41%
Market
26.1%
EXR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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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
5.03%
Industry
3.2%
Market
8.34%
EXR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

EXR vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
EXR$146.58$170.43+16.27%Buy
LSI$129.48$131.17+1.30%Buy
REXR$54.55$77.00+41.15%Buy
CUBE$44.81$48.60+8.46%Hold
COLD$29.11$34.40+18.17%Hold

Extra Space Storage Stock Forecast FAQ

Is Extra Space Storage Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: EXR) stock is to Buy EXR stock.

Out of 7 analysts, 3 (42.86%) are recommending EXR as a Strong Buy, 0 (0%) are recommending EXR as a Buy, 3 (42.86%) are recommending EXR as a Hold, 0 (0%) are recommending EXR as a Sell, and 1 (14.29%) 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 forecast return on equity (ROE) for 2023-2026?

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

What is EXR's Price Target?

According to 7 Wall Street analysts that have issued a 1 year EXR price target, the average EXR price target is $170.43, with the highest EXR stock price forecast at $189.00 and the lowest EXR stock price forecast at $145.00.

On average, Wall Street analysts predict that Extra Space Storage's share price could reach $170.43 by May 8, 2024. The average Extra Space Storage stock price prediction forecasts a potential upside of 16.27% from the current EXR share price of $146.58.

What is EXR's forecast return on assets (ROA) for 2023-2026?

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