FrançaisAre analysts right about Extra Space Storage (EXR)?
📈 See the interactive version (live chart) →
Historical analyst accuracy
For Extra Space Storage, we replayed every analyst price target of the past 12 months and measured the real outcome: 39% were profitable, average return +9% (139 calls). At 3 months: +2% average return (42% profitable). The higher the %, the more often analysts were right on this stock.
Most reliable analysts on this stock (past track record)
Their past track record on this stock (targets replayed against real prices) — not a forecast of what will happen.
| Analyst / broker | Calls i | % profitable i | Avg return i |
|---|---|---|---|
| Keybanc | 18 | 33% | +2% |
| Morgan Stanley | 18 | 17% | -19% |
| Raymond James | 14 | 43% | +12% |
| Wells Fargo | 13 | 38% | +12% |
| Jefferies | 11 | 54% | +17% |
Valuation
Is Extra Space Storage overvalued, and is it a good time to buy Extra Space Storage right now? If you're wondering, here's a recap to make up your own mind: Extra Space Storage's valuation vs its sector median, to weigh alongside analyst reliability (above) and past performance. Educational information, not buy advice.
The P/E (price ÷ earnings per share) = how many years of earnings you pay for the stock. The higher it is, the more growth the market expects — but the pricier the stock, so more vulnerable if growth disappoints. The forward P/E uses next year's expected earnings: lower than the current P/E = rising expected earnings. We compare it to the sector median to see whether the stock is expensive relative to its peers.
| Metric | Extra Space Storage | Sector median (Real Estate) |
|---|---|---|
| P/E | 31.6 | 29.5 |
| Forward P/E | 29.7 | 34.2 |
| Net margin | 27% | 25% |
👉 Extra Space Storage is valued in line with its sector (31.6 vs 29.5).
📖 P/E, PEG, margin…: see the glossary
💵 Dividend : Extra Space Storage pays about $6.48/share/yr → 4.40% yield. what is this?
Frequently asked questions
Is Extra Space Storage a buy right now?
The analyst consensus on Extra Space Storage (EXR) is "Hold" (14 bullish, 0 bearish calls over 12 months). This is not advice: historically, 39% of their targets on this stock turned out profitable over 1 year.
What is Extra Space Storage's price target?
The median 12-month price target is $156 (+10% vs $143), ranging from $144 to $172 (10 analysts).
Are analysts accurate on Extra Space Storage?
Over 1 year, 39% of analyst targets on Extra Space Storage were profitable, for an average return of +9% (across 139 timestamped calls). This is JPI Invest's accuracy metric.
What is the Extra Space Storage stock forecast?
Analysts target a median of $156 within 12 months, i.e. +10% vs the current price. The most bullish targets $172, the most cautious $144.
What is the Extra Space Storage stock forecast for 2026 or long term (2030)?
Note: analyst targets are 12-month (median $156, +10%), NOT 2030. No reliable 5-10 year price forecast exists (« 2030 prediction » models are speculative). The most useful inputs: the 12-month median above, these analysts' historical accuracy (39%), and the stock's past trajectory.
Is Extra Space Storage overvalued?
Its P/E is 31.6, forward P/E 29.7. A forward P/E lower than the current P/E means earnings are expected to grow.
📊 See the full interactive analysis of Extra Space Storage →
What is JPI Invest?
JPI Invest aggregates analyst recommendations across the entire S&P 500 (plus the S&P MidCap 400), replays them against real prices and measures who predicts best — on results, not reputation. Instead of taking a price target at face value, you see each analyst's track record on each stock.
- 🏆 Analyst leaderboard by real reliability (beating their sector, not just riding the rally)
- 🎯 What to buy: 3 backtested methods over 6 years, from cautious to aggressive
- 💬 AI assistant: ask anything about any stock, with the numbers
- 📊 Portfolio tracking + 🔔 price alerts by email
⚠️ Educational information, not investment advice. Analyst price targets are 12-month and can be wrong. Data via Yahoo Finance, recomputed by JPI Invest.