Stock Price & Analysis

Based on the provided data and current market conditions, here's a comprehensive analysis of EXR stock:

Technical Analysis

The stock is showing a clear downward trend since January 2024, falling from around $157 to current levels near $134. Key technical indicators suggest:

• RSI (14) at 54.96 indicates neutral momentum
• MACD shows weak positive divergence (0.77)
• Stock is trading below both 200-day SMA ($158.74) and 60-day SMA ($154.77)

Fundamental Outlook

The company is scheduled to report Q4 earnings on February 25th (tomorrow). Analysts expect:

• Revenue: $766.95 million
• EPS: $1.06 per share

Recent Developments

• Maintained quarterly dividend at $1.62 per share (4.16% forward yield)
• Pricing $350 million in add-on senior notes
• Jefferies anticipates REIT sector rebound in 2025

Insider Activity

• 6 insider sales and 0 purchases in past 6 months
• Mixed institutional activity: 336 institutions increased positions while 393 reduced

Recommendation

SELL recommendation based on:

1. Negative technical momentum heading into earnings
2. Trading below key moving averages
3. Significant insider selling activity
4. High valuation compared to historical averages
5. Pre-earnings uncertainty

Price Targets

• Support: $152.64 (Fibonacci S2)
• Resistance: $157.12 (Fibonacci R1)

Based on the technical indicators and market analysis, Extra Space Storage (EXR) is projected to reach $165-170 by end of 2025, driven by improving fundamentals in the self-storage sector and strategic expansion initiatives. The stock's current RSI of 54.96 indicates balanced momentum while Fibonacci levels suggest strong support at $153.69 with resistance at $157.12, pointing to a bullish trend formation.

The stock's current price of $155.95 sits above key moving averages (SMA 20: $154.85, SMA 60: $154.77), suggesting positive momentum that could drive further upside as the self-storage market fundamentals strengthen throughout 2025.

The S1 support level for EXR Stock is $153.54 ,The R1 resistant level for EXR Stock is $161.01.

As of the end of day on 2025-02-26, the price of EXR Stock was $153.91.

The target price for EXR Stock according to analyst rating is 167.56, with the highest price target at 184.00 and the lowest at 155.00. Analysts have a Hold rating on EXR Stock overall.

The market cap of EXR is $32.6B.

Based on the provided data, here's a concise analysis of EXR's valuation:

Technical Analysis The stock is currently trading at $155.95 in pre-market with a +1.95% gain. RSI-14 at 54.96 indicates neutral momentum, while the stock is trading above its 20-day SMA ($154.85) and 60-day SMA ($154.77) but below its 200-day SMA ($158.74).

Valuation Metrics

• P/E (FY2023): 33.83x (increased from 22.97x in 2022)
• EV/EBITDA: 26.37x (slightly up from 26.28x in 2022)
• P/S: 10.60x (slightly down from 10.84x in 2022)
• P/B: 2.35x (significantly down from 6.05x in 2022)
• Dividend Yield: 4.04% (stable compared to 4.08% in 2022)

Recent Developments

• The company recently declared a quarterly dividend of $1.62 per share
• Upcoming earnings announcement on February 25th, with analysts expecting revenue of $766.95M and EPS of $1.06
• Insider sentiment appears bearish with 6 sales and 0 purchases in the past 6 months

Conclusion EXR appears moderately overvalued based on its elevated P/E ratio compared to historical levels and significant premium to book value. However, the stable dividend yield and consistent technical indicators suggest the stock may maintain its current trading range. The upcoming earnings report could be a catalyst for price movement.

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, provides lending to acquire, develop and redevelop self-storage properties. It offers customers a selection of located storage units across the country, including boat storage, recreational vehicle (RV) storage and business storage. The Company owns and/or operates 3,714 self-storage stores in 42 states and Washington, D.C. The Company operates through two segments: self-storage operations, and tenant reinsurance. Its self-storage operations activities include rental operations of wholly owned stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s stores comprise approximately 2.6 million units and approximately 283.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands.

Based on the available data and market analysis, here's the price prediction for Extra Space Storage (EXR) by 2030:

Extra Space Storage's stock price is projected to reach $245-255 by 2030, representing a compound annual growth rate of approximately 7.5%. This forecast is supported by the company's strong market position as the largest self-storage operator in the US, consistent dividend growth with current quarterly dividend of $1.62, and strategic expansion through acquisitions. The company's focus on operational efficiency and digital transformation initiatives should help maintain steady growth despite potential market cycles.

EXR has a total of 7618 employees.