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.

Several price targets were given for EXR by the analysts covering the stock. The most optimistic analyst gave a price target of 95, implying a possible profit of 24.18 percent. The most pessimistic analyst gave a price target of 67, implying a possible loss of -12.42 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.14 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. The current market price is above the trailing year's low by 12.35 percent, and 13.93 percent below the high. EXR has a price/earnings 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.