Extra Space Storage Stock Forecast for 2023 - 2025 - 2030

Updated on 04/24/2024

Stock Rating
16
Price Target
$157.00
Consensus
Neutral
Upside
17.80%
Analysts
3
Stock Rating
16
Upside
17.80%
Analysts
3
Price Target
$157.00

Extra Space Storage Stock Forecast and Price Target

According to three experts, who recently provided their 2024 price targets for Extra Space Storage, the average price target is $157.00, with a high estimate of $180.00 and a low estimate of $131.00. That is a potential upside of approximately 17.8% from the last closing price of $133.28 on April, 2024. Even if you are not interested in EXR stock, it is still crucial to be aware of its competitors.

$157.00

17.80% Upside

Hold
Hold

Extra Space Storage Fair Value Forecast for 2023 - 2025 - 2030

Extra Space Storage's Price has decreased In the last four years, from $81.03 to $0.00 – a 100.00% drop. In the next year, analysts believe that Fair Value will reach $143.05 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$143.05
2025 Fair Value Forecast
$153.10
2026 Fair Value Forecast
$153.97
2027 Fair Value Forecast
$162.05
2028 Fair Value Forecast
$162.05
2029 Fair Value Forecast
$170.35
2030 Fair Value Forecast
$179.74
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PSA Stock Forecast Public Storage Outperform 13
$262.22 Buy/Sell $311.53 19.37%
AVB Stock Forecast AvalonBay Communities Outperform 16
$188.66 Buy/Sell $197.24 4.95%
EQR Stock Forecast Equity Residential Outperform 15
$63.09 Buy/Sell $66.48 4.61%
INVH Stock Forecast Invitation Homes Outperform 16
$34.13 Buy/Sell $37.63 9.87%
ESS Stock Forecast Essex Property Trust Hold 17
$242.15 Buy/Sell $246.82 0.76%

Extra Space Storage Revenue Forecast for 2023 - 2025 - 2030

Extra Space Storage's Revenue has seen impressive growth In the last three years, rising from $1.38B to $2.56B – a growth of 85.72%. In the following year, 2 experts forecast Extra Space Storage's Revenue will decrease by 32.92%, to $1.72B. For the next seven years, the forecast is for Revenue to grow by 15.25%.

2024 Rev Forecast
$1.72B
2025 Rev Forecast
$2.05B
2026 Rev Forecast
$2.16B
2027 Rev Forecast
$2.27B
2028 Rev Forecast
$3.90B
2029 Rev Forecast
$3.23B
2030 Rev Forecast
$2.95B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MAA Stock Forecast Mid-America Apartment Communit... Hold 11
$127.49 Buy/Sell $140.76 9.03%
SUI Stock Forecast Sun Communities Outperform 16
$120.04 Buy/Sell $144.21 20.79%
UHAL Stock Forecast U-Haul Holding Hold 14
$63.82 Buy/Sell $64.10 10.08%

Extra Space Storage Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Extra Space Storage's Dividend per Share has grown by 66.67%, rising from $3.60 to $6.00. For the next year, analysts predict that Dividend per Share will reach $6.53 – an increase of 8.83%. Over the next seven years, experts believe that Extra Space Storage's Dividend per Share will grow at a rate of 83.33%.

2024 DPS Forecast
$6.53
2025 DPS Forecast
$7.03
2026 DPS Forecast
$7.26
2027 DPS Forecast
$7.54
2028 DPS Forecast
$9.68
2029 DPS Forecast
$10.32
2030 DPS Forecast
$11.00
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
UDR Stock Forecast UDR Outperform 16
$37.27 Buy/Sell $39.80 4.64%
ELS Stock Forecast Equity LifeStyle Properties Outperform 16
$61.77 Buy/Sell $73.27 15.75%
CPT Stock Forecast Camden Property Trust Hold 18
$98.60 Buy/Sell $108.61 4.46%

Extra Space Storage Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$789.50B
2025 FCF Forecast
$849.63B
2026 FCF Forecast
$901.20B
2027 FCF Forecast
$1.27B
2028 FCF Forecast
$1.33B
2029 FCF Forecast
$1.40B
2030 FCF Forecast
$1.48B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CUBE Stock Forecast CubeSmart Hold 16
$41.80 Buy/Sell $43.55 12.44%
FRT Stock Forecast Federal Realty Investment Trus... Outperform 16
$102.87 Buy/Sell $113.17 8.88%
EGP Stock Forecast EastGroup Properties Outperform 16
$165.75 Buy/Sell $193.00 14.63%

Extra Space Storage EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Extra Space Storage's EBITDA has seen an increase, rising from $893.30M to $1.65B. This represents a growth of 84.72%. According to 5 analysts, Extra Space Storage's EBITDA will fall by 7.28% in the next year, reaching $1.53B. Over the next seven years, experts predict that Extra Space Storage's EBITDA will grow at a rate of 15.20%.

2024 EBITDA Forecast
$1.53B
2025 EBITDA Forecast
$1.68B
2026 EBITDA Forecast
$1.59B
2027 EBITDA Forecast
$1.66B
2028 EBITDA Forecast
$1.73B
2029 EBITDA Forecast
$1.81B
2030 EBITDA Forecast
$1.90B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AIRC Stock Forecast Apartment Income REIT Hold 11
$38.40 Buy/Sell $38.67 1.56%
MAC Stock Forecast The Macerich Hold 12
$16.14 Buy/Sell $14.19 5.33%
CUZ Stock Forecast Cousins Properties Outperform 16
$22.70 Buy/Sell $24.18 14.54%

Extra Space Storage EBIT Forecast for 2023 - 2025 - 2030

Extra Space Storage's EBIT has seen growth In the last three years, going from $670.43M to $1.24B – a gain of 84.49% In the following year, 6 experts forecast that Extra Space Storage's EBIT will decrease by 3.80%, to $1.19B. For the next seven years, the forecast is forEBIT to grow by 19.88%.

2024 EBIT Forecast
$1.19B
2025 EBIT Forecast
$1.19B
2026 EBIT Forecast
$1.23B
2027 EBIT Forecast
$1.29B
2028 EBIT Forecast
$1.34B
2029 EBIT Forecast
$1.41B
2030 EBIT Forecast
$1.48B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NSA Stock Forecast National Storage Affiliates Tr... Hold 16
$35.55 Buy/Sell $37.54 5.49%
LXP Stock Forecast LXP Industrial Trust Outperform 18
$8.77 Buy/Sell $10.10 14.03%
PEB Stock Forecast Pebblebrook Hotel Trust Hold 9
$15.45 Buy/Sell $16.88 3.56%

Extra Space Storage EPS Price Prediction Forecast for 2023 - 2025 - 2030

Extra Space Storage's EPS has decreased In the last four years, from $3.71 to $0.00 – a 100.00% drop. In the next year, analysts believe that EPS will reach $6.55 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
$6.55
2025 EPS Forecast
$7.01
2026 EPS Forecast
$7.05
2027 EPS Forecast
$7.42
2028 EPS Forecast
$7.42
2029 EPS Forecast
$7.80
2030 EPS Forecast
$8.23
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GTY Stock Forecast Getty Realty Hold 18
$27.37 Buy/Sell $32.21 9.61%
BFS Stock Forecast Saul Centers - 16
$38.81 Buy/Sell $54.33 -100.00%
OPI Stock Forecast Office Properties Income Trust Hold 12
$1.98 Buy/Sell $10.83 192.93%