
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage has demonstrated strong operational management, evidenced by nearly doubling its guidance for both general and administrative (G&A) synergies and insurance synergies, which collectively contribute positively to its financial performance. The company has maintained its status as a leading player in the self-storage sector, supported by a robust underlying portfolio and the largest third-party management business in the industry. Despite anticipated challenges such as occupancy fluctuations and increasing bridge loan balances, the firm's established growth trajectory and consistent revenue contributions from well-managed properties suggest a favorable outlook for its stock.
Bears say
Extra Space Storage has introduced a core FFO per share guidance for 2025 that reflects minimal growth expectations, with the midpoint projected 2% below prior consensus, indicating potential operational struggles. The company faces various headwinds, including economic trends that impact overall demand for self-storage, such as low moving velocities and regulatory scrutiny, which could adversely affect revenue growth. Additionally, Extra Space Storage's lagging ability to generate property-level revenue synergies and potential challenges in its third-party management segment suggest a continued competitive disadvantage against peers in the industry.
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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