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Extra Space Storage - EXR Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $203.80
  • Forecasted Upside: -3.71 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$211.65 As of 08/19/2022 01:00 AM ET
▼ -1.46 (-0.69%)

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 $203.80
▼ -3.71% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Extra Space Storage in the last 3 months. The average price target is $203.80, with a high forecast of $237.00 and a low forecast of $156.00. The average price target represents a -3.71% upside from the last price of $211.65.

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 10 polled investment analysts is to buy stock in Extra Space Storage. This rating has held steady since June 2022, 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
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
2/25/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
5/26/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
8/24/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
11/22/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
2/20/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
5/21/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/20/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
8/19/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/17/2022KeyCorpBoost TargetOverweight$200.00 ➝ $220.00Low
8/15/2022Truist FinancialBoost TargetBuy$200.00 ➝ $225.00Low
7/25/2022UBS GroupLower TargetBuy$234.00 ➝ $197.00Low
6/30/2022Jefferies Financial GroupLower TargetHold$228.00 ➝ $184.00Low
6/22/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$224.00 ➝ $193.00Low
6/20/2022Evercore ISISet Target$198.00Low
6/16/2022KeyCorpLower TargetOverweight$224.00 ➝ $200.00Low
6/1/2022Truist FinancialLower TargetBuy$225.00 ➝ $200.00Low
5/25/2022Morgan StanleyLower TargetUnderweight$172.00 ➝ $156.00High
4/4/2022JPMorgan Chase & Co.Boost TargetNeutral$220.00 ➝ $224.00High
3/2/2022Morgan StanleyLower TargetUnderweight$175.00 ➝ $172.00Low
1/18/2022Truist FinancialBoost Target$213.00 ➝ $220.00Low
1/10/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$229.00 ➝ $223.00Low
12/20/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$220.00High
12/13/2021KeyCorpBoost TargetOverweight ➝ Overweight$209.00 ➝ $224.00High
12/2/2021Truist FinancialBoost TargetBuy$188.00 ➝ $213.00Low
11/30/2021Stifel NicolausBoost TargetBuy$216.00 ➝ $230.00High
11/29/2021Morgan StanleyBoost TargetUnderweight$160.00 ➝ $175.00High
11/18/2021KeyCorpBoost TargetOverweight$194.00 ➝ $209.00High
11/1/2021The Goldman Sachs GroupReiterated RatingBuy$237.00Low
10/22/2021Evercore ISIReiterated RatingHold$196.00Medium
10/13/2021Morgan StanleyBoost TargetUnderweight$157.00 ➝ $160.00Medium
10/7/2021Berenberg BankInitiated CoverageBuy$198.00Low
8/23/2021KeyCorpBoost TargetOverweight$180.00 ➝ $194.00Low
8/16/2021Truist FinancialBoost TargetBuy$176.00 ➝ $188.00Low
8/16/2021Morgan StanleyBoost TargetUnderweight$146.00 ➝ $157.00High
8/10/2021Raymond JamesDowngradeOutperform ➝ Market PerformLow
7/20/2021Morgan StanleyBoost TargetUnderweight$134.00 ➝ $146.00High
7/14/2021KeyCorpBoost TargetAverage ➝ Overweight$170.00 ➝ $180.00Low
7/1/2021CitigroupBoost TargetNeutral$151.00 ➝ $175.00Medium
6/30/2021JPMorgan Chase & Co.Boost TargetOverweight$140.00 ➝ $171.00Low
6/18/2021KeyCorpBoost 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 TargetOverweight$147.00 ➝ $160.00High
5/26/2021Morgan StanleyBoost TargetUnderweight$122.00 ➝ $134.00Low
5/20/2021BMO Capital MarketsReiterated RatingOutperform ➝ Market Perform$160.00Medium
5/20/2021KeyCorpBoost TargetOverweight$142.00 ➝ $152.00Medium
5/17/2021Truist FinancialBoost TargetBuy$137.00 ➝ $150.00Low
5/14/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform$149.08 ➝ $160.00Medium
3/30/2021KeyCorpBoost TargetOverweight$134.00 ➝ $142.00Low
3/29/2021Wells Fargo & CompanyBoost TargetPositive ➝ Overweight$125.00 ➝ $147.00Low
3/12/2021Morgan StanleyBoost TargetUnderweight$107.00 ➝ $122.00Medium
3/5/2021Truist FinancialBoost Target$125.00 ➝ $137.00Low
3/2/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$122.00 ➝ $145.00Low
2/24/2021KeyCorpBoost TargetOverweight$124.00 ➝ $134.00Low
2/4/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$125.00 ➝ $125.00Low
1/22/2021Truist FinancialUpgradeHold ➝ Buy$125.00Medium
12/31/2020Truist FinancialBoost Target$105.00 ➝ $125.00N/A
12/21/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$124.00Low
12/9/2020Morgan StanleyBoost 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 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 TargetBuy$113.00 ➝ $119.00Low
7/21/2020BMO Capital MarketsInitiated CoverageHold$106.00Low
7/8/2020Morgan StanleyBoost TargetUnderweight$68.00 ➝ $83.00Medium
6/30/2020CitigroupBoost TargetBuy$100.00 ➝ $105.00High
6/26/2020The Goldman Sachs GroupInitiated CoverageBuy$111.00High
6/22/2020Wells Fargo & CompanyLower TargetOverweight$101.00 ➝ $100.00Low
6/4/2020Stifel NicolausBoost TargetBuy$94.00 ➝ $113.00Low
4/28/2020Morgan StanleyLower TargetUnderweight$94.00 ➝ $68.00Medium
4/19/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
4/17/2020SunTrust BanksLower 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 TargetOverweight$117.00 ➝ $101.00Medium
3/31/2020JPMorgan Chase & Co.Lower TargetNeutral$115.00 ➝ $105.00Low
3/24/2020Stifel NicolausLower 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 TargetOverweight$130.00 ➝ $117.00Low
12/17/2019Morgan StanleyLower TargetUnderweight$105.00 ➝ $94.00Low
12/9/2019Wells Fargo & CompanyReiterated RatingBuyLow
9/16/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight$93.00 ➝ $105.00High
9/11/2019CitigroupBoost TargetNeutral$103.00 ➝ $119.00Low
8/22/2019Wells Fargo & CompanyBoost TargetOutperform$114.00 ➝ $130.00Low
8/21/2019Robert W. BairdSet 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 TargetNeutral ➝ Hold$103.00 ➝ $92.00Low
8/8/2018SunTrust BanksReiterated RatingHold$93.00Low
7/31/2018BMO Capital MarketsSet TargetHold$93.00Medium
7/18/2018Robert W. BairdDowngradeOutperform ➝ Neutral$83.00Low
7/18/2018Jefferies Financial GroupReiterated RatingHold$104.00Low
7/16/2018Bank of AmericaBoost TargetBuy ➝ Buy$107.00 ➝ $110.00High
7/12/2018CitigroupBoost TargetNeutral ➝ Neutral$87.00 ➝ $103.00Low
7/12/2018The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyLow
6/18/2018Wells Fargo & CompanyBoost TargetOutperform$99.00 ➝ $104.00Low
6/14/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$83.00 ➝ $90.00Low
5/22/2018Wells Fargo & CompanySet TargetBuy$93.00 ➝ $99.00Low
5/8/2018Bank of AmericaUpgradeNeutral ➝ Buy$105.00Low
5/1/2018BMO Capital MarketsSet TargetHold$84.00Medium
4/13/2018SunTrust BanksReiterated RatingHold$88.00Medium
3/8/2018Cantor FitzgeraldSet TargetHold$86.00Medium
3/6/2018Jefferies Financial GroupSet TargetHold$92.00Low
2/21/2018Cantor FitzgeraldSet TargetHold$83.00High
2/20/2018BMO Capital MarketsSet TargetHold$78.00High
12/13/2017Morgan StanleyUpgradeUnderweight ➝ Equal Weight$83.00Low
11/30/2017Wells Fargo & CompanySet TargetBuy$83.00 ➝ $93.00Low
11/29/2017Robert W. BairdReiterated RatingBuy$92.00Low
11/28/2017Jefferies Financial GroupSet TargetHold$90.00Low
11/14/2017Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$79.00 ➝ $84.00N/A
11/9/2017Cantor FitzgeraldBoost 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
(Data available from 8/19/2017 forward)

News Sentiment Rating

0.42 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
1/21/2022
  • 3 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/20/2022
  • 3 very positive mentions
  • 29 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
3/22/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
4/21/2022
  • 5 very positive mentions
  • 25 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/21/2022
  • 3 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
6/20/2022
  • 10 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2022
  • 12 very positive mentions
  • 35 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
8/19/2022

Current Sentiment

  • 12 very positive mentions
  • 35 positive mentions
  • 6 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

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.
Read More

Today's Range

Now: $211.65
Low: $210.77
High: $213.00

50 Day Range

MA: $179.82
Low: $158.74
High: $215.05

52 Week Range

Now: $211.65
Low: $156.70
High: $228.84

Volume

552,923 shs

Average Volume

696,338 shs

Market Capitalization

$28.34 billion

P/E Ratio

31.88

Dividend Yield

2.82%

Beta

0.5

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: Berenberg Bank, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and UBS Group AG.
View the latest analyst ratings for EXR.

What is the current price target for Extra Space Storage?

10 Wall Street analysts have set twelve-month price targets for Extra Space Storage in the last year. Their average twelve-month price target is $203.80, suggesting a possible downside of 3.7%. The Goldman Sachs Group, Inc. has the highest price target set, predicting EXR will reach $237.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $156.00 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 7 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?

Other companies that are similar to Extra Space Storage include Welltower, Ventas, Life Storage, CubeSmart and Medical Properties Trust. Learn More about companies similar to 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. Learn More about contacing Extra Space Storage investor relations.