NYSE:EXR - Extra Space Storage Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $144.64
  • Forecasted Upside: -12.22 %
  • Number of Analysts: 14
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 11 Buy Ratings
  • 0 Strong Buy Ratings
$164.78
▲ +1.85 (1.14%)

This chart shows the closing price for EXR by one month, three months, or twelve months.

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Analyst Price Target for EXR

Analyst Price Target is $144.64
▼ -12.22% Downside Potential
This price target is based on 14 analysts offering 12 month price targets for Extra Space Storage in the last 3 months. The average price target is $144.64, with a high forecast of $189.00 and a low forecast of $111.00. The average price target represents a -12.22% upside from the last price of $164.78.

This chart shows the closing price for EXR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 14 contributing investment analysts is to buy stock in Extra Space Storage. This rating has held steady since January 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 2 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 2 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 2 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/21/2021Truist SecuritiesBoost Price TargetBuy$150.00 ➝ $168.00Medium
6/18/2021KeyCorpBoost Price TargetAverage ➝ Overweight$152.00 ➝ $170.00High
6/14/2021Wolfe ResearchInitiated CoverageOutperform$189.00Low
6/3/2021UBS GroupInitiated CoverageBuy$168.00Low
5/28/2021Wells Fargo & CompanyBoost Price TargetOverweight$147.00 ➝ $160.00High
5/26/2021Morgan StanleyBoost Price TargetUnderweight$122.00 ➝ $134.00Low
5/20/2021BMO Capital MarketsReiterated RatingOutperform ➝ Market Perform$160.00Medium
5/20/2021KeyCorpBoost Price TargetOverweight$142.00 ➝ $152.00Medium
5/17/2021Truist SecuritiesBoost Price TargetBuy$137.00 ➝ $150.00Low
5/17/2021TruistBoost Price TargetBuy$137.00 ➝ $150.00Medium
5/14/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform$149.08 ➝ $160.00Medium
3/30/2021KeyCorpBoost Price TargetOverweight$134.00 ➝ $142.00Low
3/29/2021Wells Fargo & CompanyBoost Price TargetPositive ➝ Overweight$125.00 ➝ $147.00Low
3/12/2021Morgan StanleyBoost Price TargetUnderweight$107.00 ➝ $122.00Medium
3/5/2021TruistBoost Price Target$125.00 ➝ $137.00Low
3/2/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$122.00 ➝ $145.00Low
2/24/2021KeyCorpBoost Price TargetOverweight$124.00 ➝ $134.00Low
2/4/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$125.00 ➝ $125.00Low
1/22/2021TruistUpgradeHold ➝ Buy$125.00Medium
12/31/2020TruistBoost Price Target$105.00 ➝ $125.00N/A
12/21/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$124.00Low
12/9/2020Morgan StanleyBoost Price TargetPositive ➝ Underweight$94.00 ➝ $107.00Low
11/13/2020KeyCorpUpgradeSector Weight ➝ Overweight$124.00Medium
10/13/2020Jefferies Financial GroupUpgradeHold ➝ Buy$121.00 ➝ $135.00High
10/6/2020Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
9/21/2020Morgan StanleyBoost Price TargetUnderweight$83.00 ➝ $94.00Medium
9/21/2020CitigroupDowngradeBuy ➝ Neutral$105.00 ➝ $112.00Low
9/1/2020KeyCorpUpgradeUnderweight ➝ Sector WeightLow
8/11/2020Jefferies Financial GroupReiterated RatingHold$93.00Medium
8/6/2020Stifel NicolausBoost Price TargetBuy$113.00 ➝ $119.00Low
7/21/2020BMO Capital MarketsInitiated CoverageHold$106.00Low
7/8/2020Morgan StanleyBoost Price TargetUnderweight$68.00 ➝ $83.00Medium
6/30/2020CitigroupBoost Price TargetBuy$100.00 ➝ $105.00High
6/26/2020The Goldman Sachs GroupInitiated CoverageBuy$111.00High
6/22/2020Wells Fargo & CompanyLower Price TargetOverweight$101.00 ➝ $100.00Low
6/4/2020Stifel NicolausBoost Price TargetBuy$94.00 ➝ $113.00Low
4/28/2020Morgan StanleyLower Price TargetUnderweight$94.00 ➝ $68.00Medium
4/19/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
4/17/2020SunTrust BanksLower Price TargetHold$114.00 ➝ $102.00Low
4/17/2020KeyCorpDowngradeSector Weight ➝ Underweight$82.00Medium
4/8/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
4/7/2020CitigroupUpgradeNeutral ➝ Buy$119.00Medium
4/2/2020Wells Fargo & CompanyLower Price TargetOverweight$117.00 ➝ $101.00Medium
3/31/2020JPMorgan Chase & Co.Lower Price TargetNeutral$115.00 ➝ $105.00Low
3/24/2020Stifel NicolausLower Price TargetBuy$131.00 ➝ $83.00Medium
2/19/2020Evercore ISIReiterated RatingSellHigh
2/19/2020BMO Capital MarketsReiterated RatingHold$106.00High
1/22/2020JPMorgan Chase & Co.Initiated CoverageNeutral$115.00High
12/18/2019Wells Fargo & CompanyLower Price TargetOverweight$130.00 ➝ $117.00Low
12/17/2019Morgan StanleyLower Price TargetUnderweight$105.00 ➝ $94.00Low
12/9/2019Wells Fargo & CompanyReiterated RatingBuyLow
9/16/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight$93.00 ➝ $105.00High
9/11/2019CitigroupBoost Price TargetNeutral$103.00 ➝ $119.00Low
8/22/2019Wells Fargo & CompanyBoost Price TargetOutperform$114.00 ➝ $130.00Low
8/21/2019Robert W. BairdSet Price TargetHold$121.00Low
8/19/2019Stifel NicolausInitiated CoverageBuy$131.00Low
5/1/2019BMO Capital MarketsReiterated RatingHold$94.00High
4/1/2019Evercore ISIDowngradeIn-Line ➝ UnderperformLow
3/21/2019Raymond JamesDowngradeOutperform ➝ Market Perform$99.27Low
10/5/2018CitigroupLower Price TargetNeutral ➝ Hold$103.00 ➝ $92.00Low
8/8/2018SunTrust BanksReiterated RatingHold$93.00Low
7/31/2018BMO Capital MarketsSet Price TargetHold$93.00Medium
7/18/2018Robert W. BairdDowngradeOutperform ➝ Neutral$83.00Low
7/18/2018Jefferies Financial GroupReiterated RatingHold$104.00Low
7/16/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$107.00 ➝ $110.00High
7/12/2018CitigroupBoost Price TargetNeutral ➝ Neutral$87.00 ➝ $103.00Low
7/12/2018The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyLow
6/18/2018Wells Fargo & CompanyBoost Price TargetOutperform$99.00 ➝ $104.00Low
6/14/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$83.00 ➝ $90.00Low
5/22/2018Wells Fargo & CompanySet Price TargetBuy$93.00 ➝ $99.00Low
5/8/2018Bank of AmericaUpgradeNeutral ➝ Buy$105.00Low
5/1/2018BMO Capital MarketsSet Price TargetHold$84.00Medium
4/13/2018SunTrust BanksReiterated RatingHold$88.00Medium
3/8/2018Cantor FitzgeraldSet Price TargetHold$86.00Medium
3/6/2018Jefferies Financial GroupSet Price TargetHold$92.00Low
2/21/2018Cantor FitzgeraldSet Price TargetHold$83.00High
2/20/2018BMO Capital MarketsSet Price TargetHold$78.00High
12/13/2017Morgan StanleyUpgradeUnderweight ➝ Equal Weight$83.00Low
11/30/2017Wells Fargo & CompanySet Price TargetBuy$83.00 ➝ $93.00Low
11/29/2017Robert W. BairdReiterated RatingBuy$92.00Low
11/28/2017Jefferies Financial GroupSet Price TargetHold$90.00Low
11/14/2017Royal Bank of CanadaBoost Price TargetSector Perform ➝ Sector Perform$79.00 ➝ $84.00N/A
11/9/2017Cantor FitzgeraldBoost Price TargetNeutral$77.00 ➝ $81.00N/A
11/2/2017BMO Capital MarketsReiterated RatingHold$78.00N/A
11/1/2017Cantor FitzgeraldReiterated RatingHold$77.00N/A
10/24/2017Jefferies Financial GroupReiterated RatingHold$80.00N/A
10/11/2017KeyCorpReiterated RatingHoldN/A
9/14/2017Evercore ISIReiterated RatingIn-Line$78.00 ➝ $80.00Low
9/11/2017BMO Capital MarketsInitiated CoverageMarket Perform$78.00Medium
9/1/2017Cantor FitzgeraldReiterated RatingHold$77.00Low
8/25/2017KeyCorpReiterated RatingBuy$82.00Low
8/20/2017Cantor FitzgeraldReiterated RatingHold$77.00Low
7/20/2017Bank of AmericaDowngradeBuy ➝ Neutral$83.00 ➝ $81.00Low
5/22/2017Cantor FitzgeraldReiterated RatingNeutral$77.00Low
5/15/2017The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy$95.00Low
5/11/2017CitigroupReiterated RatingNeutralMedium
4/27/2017Royal Bank of CanadaReiterated RatingHold$80.00High
4/3/2017Jefferies Financial GroupReiterated RatingHold$80.00High
3/22/2017BMO Capital MarketsReiterated RatingHold$80.00Low
3/3/2017Evercore ISIDowngradeHold ➝ UnderperformN/A
2/22/2017Cantor FitzgeraldReiterated RatingNeutral$76.00N/A
1/3/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$79.00N/A
12/20/2016Jefferies Financial GroupDowngradeBuy ➝ Hold$80.00N/A
12/12/2016Morgan StanleyDowngradeEqual Weight ➝ UnderweightN/A
11/9/2016BMO Capital MarketsReiterated RatingHold$80.00N/A
9/12/2016KeyCorpLower Price TargetOverweight$98.00 ➝ $89.00N/A
8/26/2016Cantor FitzgeraldReiterated RatingHoldN/A
8/12/2016Raymond JamesDowngradeStrong-Buy ➝ Outperform$95.00 ➝ $106.00N/A
8/10/2016Jefferies Financial GroupLower Price TargetBuy$115.00 ➝ $105.00N/A
7/29/2016DA DavidsonBoost Price TargetNeutral$90.00 ➝ $95.00N/A
7/28/2016UBS GroupReiterated RatingHold$85.00N/A
7/25/2016SunTrust BanksDowngradeBuy ➝ Neutral$107.00 ➝ $100.00N/A
7/6/2016Jefferies Financial GroupReiterated RatingBuyN/A
6/24/2016DA DavidsonInitiated CoverageNeutral$95.00N/A
(Data available from 6/23/2016 forward)
Extra Space Storage logo
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
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Today's Range

Now: $164.78
Low: $162.07
High: $165.19

50 Day Range

MA: $150.42
Low: $141.80
High: $164.78

52 Week Range

Now: $164.78
Low: $88.88
High: $165.19

Volume

654,893 shs

Average Volume

769,153 shs

Market Capitalization

$22.04 billion

P/E Ratio

37.45

Dividend Yield

2.46%

Beta

0.17

Frequently Asked Questions

What sell-side analysts currently cover shares of Extra Space Storage?

The following sell-side analysts have issued reports on Extra Space Storage in the last twelve months: BMO Capital Markets, Citigroup Inc., Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Raymond James, Stifel Nicolaus, The Goldman Sachs Group, Inc., Truist, Truist Securities, UBS Group AG, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for EXR.

What is the current price target for Extra Space Storage?

14 Wall Street analysts have set twelve-month price targets for Extra Space Storage in the last year. Their average twelve-month price target is $144.64, suggesting a possible downside of 12.2%. Wolfe Research has the highest price target set, predicting EXR will reach $189.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $111.00 for Extra Space Storage in the next year.
View the latest price targets for EXR.

What is the current consensus analyst rating for Extra Space Storage?

Extra Space Storage currently has 1 sell rating, 2 hold ratings and 11 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe EXR will outperform the market and that investors should add to their positions of Extra Space Storage.
View the latest ratings for EXR.

What other companies compete with Extra Space Storage?

How do I contact Extra Space Storage's investor relations team?

Extra Space Storage's physical mailing address is 2795 EAST COTTONWOOD PARKWAY SUITE 300, SALT LAKE CITY UT, 84121. The real estate investment trust's listed phone number is 801-365-4600 and its investor relations email address is [email protected] The official website for Extra Space Storage is www.extraspace.com.