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.

EXR was given price targets by several analysts. The most optimistic price target was 95, implying a possible profit of 24.18 percent. The minimum price target given was 67, which equates to a potential downside of -12.42 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of EXR to grow at a rate of 45.69 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of EXR is 0.6.

EXR has traded between a high of 88.88 and a low of 68.09 over the past year. Currently the stock is 12.35 percent higher than its low, and 13.93 percent lower than its 52-week 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's next earnings release will be on 0000-00-00, which is days away.