
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage's positive outlook is supported by its strategic decision to layer in more fixed-rate debt over time, which can provide financial stability and predictability in its capital structure. Additionally, improved occupancy trends and strong rental growth, driven by existing customer rate increases, suggest potential for unexpected upside in near-term growth metrics. Lastly, the company's adaptability in utilizing dynamic customer engagement strategies indicates a promising sustainability of management's net operating income (NOI), enhancing the overall financial health of the business.
Bears say
The financial outlook for Extra Space Storage reflects a concerning slowdown in self-storage fundamentals, as indicated by recent pricing surveys. This decline may result in a theoretical opportunity cost of slightly more than 20 basis points due to rent moratoriums, suggesting effective operational challenges. Additionally, the adjusted estimates for FFO per share reveal a downward trend, with 2025 projections reduced to $8.18 from $8.22 and 2026 expectations decreased to $8.42 from $8.45, reinforcing the negative sentiment surrounding the stock.
This aggregate rating is based on analysts' research of Extra Space Storage and is not a guaranteed prediction by Public.com or investment advice.
EXR Analyst Forecast & Price Prediction
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