Analyst Ratings for Extra Space Storage Inc. (EXR)

Updated: 2017-07-27

An average rating of Hold has been given to Extra Space Storage Inc. (NYSE:EXR) by analysts covering the stock. About 30 days ago, EXR was issued an average rating of Hold.

Of the 16 analysts covering the stock, 3 gave it a buy rating, 1 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for EXR. The most optimistic price target was 95, which equates to a potential upside of 24.18 percent. The most pessimistic analyst gave a price target of 67, which equates to a potential downside of -12.42 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.14 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of EXR to grow at a rate of 45.69 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EXR is 0.6.

In the trailing 52-weeks, EXR hit 88.88 at the highest peak, while it's lowest trading point was 68.09. Currently the stock is 12.35 percent higher than its low, and 13.93 percent below the high. EXR has a P/E ratio of 27.55. Investors typically compare the P/E ratio to a company's peers in the industry. The EXR value stock report compares EXR to some of its peers using value stock charts. The market cap of EXR is $10.11 billion. EXR will post this quarters earnings in days, on 0000-00-00.