
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage is a well-managed company with high quality assets, a strong external growth pipeline, and attractive access to debt capital. The company has a unique combination of factors that position it for long-term success and a lower risk premium. There is also potential for additional upside from the company's mezzanine/debt investment platform. However, risks to the company's outlook include a slowdown in self-storage fundamentals, potential challenges in the credit market, and potential negative impacts from new supply and promotions.
Bears say
Extra Space Storage is a fully integrated REIT with a portfolio of self-storage properties, but the company has recently experienced a slowdown in self-storage fundamentals, and remains sensitive to credit markets for assets pricing and funding. The company's valuation and implied cap rate may be reasonable, but there is also potential for upside from its mezzanine/debt investment platform. However, with a Hold rating, the outlook for Extra Space Storage's stock is negative due to these risks and the potential for SSREV to slow more than expected.
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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