
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage is a strong investment option with a potential total return of 5.5%, driven by a projected dividend yield of 4.4%. With a lower risk premium due to its high quality assets and stable earnings, EXR also boasts an attractive external growth pipeline, estimated to generate a 3.2% CAGR in FFO over 5 years through 2031. The company's solid rental growth trends and mezzanine/debt investment platform add additional potential for upside.
Bears say
Extra Space Storage is a well-managed REIT with a strong track record and experienced leadership. However, the company's recent FFO estimates and price targets have been slightly lowered due to potential risks such as a potential slowdown in self-storage fundamentals and sensitivity to credit markets. While the company has a large capital base and potential for accretive acquisitions, its valuation may be fair at current levels and we recommend a Hold rating.
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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