Extra Space Stock Target Price and Analyst Consensus

EXR Stock  USD 146.75  6.29  4.48%   
The current analyst and expert consensus on Extra Space is Buy with 11 hold recommendations. The current projected Extra Space target price consensus is 152.42 with 17 analyst opinions. One of the most common ways Extra Space Storage analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Extra Space vendors, executives, and/or customers. Extra Space recommendation module provides expert sentiment on the projected Extra Space Storage target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Extra Space to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
138.7
Highest Forecast
169.19
Target Price
152.42
At this time, Extra Space's Gross Profit is relatively stable compared to the past year. As of 03/28/2024, Net Profit Margin is likely to grow to 0.33, while Pretax Profit Margin is likely to drop 0.21. At this time, Extra Space's Other Stockholder Equity is relatively stable compared to the past year. As of 03/28/2024, Total Liabilities is likely to grow to about 12.6 B, though Other Current Liabilities is likely to grow to (655.3 M).
  
It's important to approach Extra Space's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Extra Space price targets

Extra Space's stock target price is an estimate of its future price, usually made by analysts. Using Extra Space's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Extra Space's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Extra Space's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Extra Space Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Extra Space is a key component of Extra Space valuation and have some predictive power on the future returns of a Extra Space.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Extra Space's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
144.80146.46148.12
Details
Intrinsic
Valuation
LowRealHigh
132.08150.28151.94
Details
Naive
Forecast
LowNextHigh
141.79143.45145.11
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.930.991.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Extra Space. Your research has to be compared to or analyzed against Extra Space's peers to derive any actionable benefits. When done correctly, Extra Space's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Extra Space Storage.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested a lot of shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:
Check out Macroaxis Advice on Extra Space to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Extra Stock analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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The data published in Extra Space's official financial statements usually reflect Extra Space's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Extra Space Storage. For example, before you start analyzing numbers published by Extra accountants, it's critical to develop an understanding of what Extra Space's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Extra Space's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Extra Space's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Extra Space's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Extra Space Storage. Please utilize our Beneish M Score to check the likelihood of Extra Space's management manipulating its earnings.