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.

Investment analysts gave a few price targets for EXR. 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.14 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of EXR to grow at a rate of 45.69 percent. Another measure frequently examined by investors is the PEG ratio. 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of EXR is 0.6.

In the last 52-weeks, EXR has achieved a high of 88.88 and a low of 68.09. Today's price is 12.35 percent above the 52-week low, 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 stock has a market capitalization of $10.11 billion. EXR will post this quarters earnings in days, on 0000-00-00.