Extra Space Storage Future Growth
Future criteria checks 1/6
Extrace Storage is forecast to grow earnings and revenue by 11.5% and 1.2% per annum respectively. EPS is expected to grow by 11.7% per annum. Return on equity is forecast to be 8.5% in 3 years.
Key information
11.5%
Earnings growth rate
11.7%
EPS growth rate
| Specialized REITs earnings growth | 5.8% |
| Revenue growth rate | 1.2% |
| Future return on equity | 8.6% |
| Analyst coverage | Good |
| Last updated | 23 Sep 2024 |
Recent future growth updates
Recent updates
Extra Space, Extra Gains: How Extra Space Storage Is Winning The Dividend Game
Sep 01Extra Space Storage: Solid Q2 Results, Buy For REIT Rally
Jul 31Extra Space Storage: Results Are Improving, But Rates A Risk (Rating Upgrade)
May 17I'm Betting On 5%-Yielding Extra Space Storage To Grow My Wealth
May 04Extra Space Storage: Oversupply And Reduced Demand Are Taking A Toll
Apr 02Extra Space Storage Is A Buy (Technical Analysis)
Mar 04Extra Space Storage: Set Up For Great Performance For Years To Come
Feb 03Why 4.4%-Yielding Extra Space Storage Remains My Favorite REIT
Jan 23Extra Space Storage: An Attractive Entry Point To Capitalize On The Long-Term Growth
Jan 02Extra Space Storage: Take Profits After A Rate-Driven Rally
Dec 20I'm Not Done Buying 5.5%-Yielding Extra Space Storage
Nov 10Extra Space Storage: This Could Be The Best Time In 14 Years To Buy This 6% Yielding Ultra SWAN
Oct 28Extra Space Storage: Stock Bust Is Still Finding Its Bottom
Oct 10Extra Space Storage: Yielding 5%, May Be My Favorite REIT
Sep 05Extra Space Storage: No Place To Shelter
Aug 04Extra Space Storage: Opportune Time To Buy A Best-In-Class REIT
Jul 21Extra Space Storage Buying Life Storage Will Change US Self-Storage Industry
Jul 03Why I Keep Buying Extra Space Storage's 4.6% Yield
Jun 26Extra Space Storage: Left Behind With A Solid Yield
Jun 12Why I'm Buying More Extra Space Storage
Feb 24Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors
Feb 19
Extra Space Storage raises quarterly dividend by 8% to $1.62/share
Feb 16Extra Space Storage: Need For Space
Jan 04Why Extra Space Storage Is A No-Brainer Buy For A SWAN Portfolio
Nov 15Extra Space Storage acquires Storage Express for $590M to expand national portfolio
Sep 16Extra Space Storage: High Quality Dividend REIT For Your Portfolio
Aug 31Extra Space Storage declares $1.50 dividend
Aug 19Extra Space Storage GAAP EPS of $1.73, revenue of $362.19M
Aug 02Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 3,019 | 1,093 | N/A | N/A | 2 |
| 12/31/2025 | 2,854 | 990 | N/A | N/A | 5 |
| 12/31/2024 | 2,789 | 883 | N/A | N/A | 5 |
| 6/30/2024 | 3,220 | 802 | 1,764 | 1,784 | N/A |
| 3/31/2024 | 2,916 | 819 | 1,568 | 1,586 | N/A |
| 12/31/2023 | 2,615 | 802 | 1,386 | 1,402 | N/A |
| 9/30/2023 | 2,319 | 790 | 1,315 | 1,328 | N/A |
| 6/30/2023 | 2,066 | 822 | 1,208 | 1,227 | N/A |
| 3/31/2023 | 2,026 | 852 | 1,214 | 1,232 | N/A |
| 12/31/2022 | 1,966 | 859 | 1,215 | 1,238 | N/A |
| 9/30/2022 | 1,884 | 924 | 1,151 | 1,171 | N/A |
| 6/30/2022 | 1,795 | 891 | 1,118 | 1,129 | N/A |
| 3/31/2022 | 1,697 | 827 | 1,025 | 1,036 | N/A |
| 12/31/2021 | 1,610 | 826 | 949 | 952 | N/A |
| 9/30/2021 | 1,534 | 714 | 910 | 917 | N/A |
| 6/30/2021 | 1,462 | 641 | 836 | 843 | N/A |
| 3/31/2021 | 1,407 | 576 | 779 | 786 | N/A |
| 12/31/2020 | 1,379 | 481 | 764 | 771 | N/A |
| 9/30/2020 | 1,357 | 437 | 740 | 746 | N/A |
| 6/30/2020 | 1,349 | 431 | 728 | 736 | N/A |
| 3/31/2020 | 1,343 | 433 | 720 | 728 | N/A |
| 12/31/2019 | 1,320 | 419 | 700 | 708 | N/A |
| 9/30/2019 | 1,292 | 408 | 687 | 693 | N/A |
| 6/30/2019 | 1,263 | 431 | 697 | 701 | N/A |
| 3/31/2019 | 1,236 | 421 | 671 | 676 | N/A |
| 12/31/2018 | 1,211 | 415 | 673 | 678 | N/A |
| 9/30/2018 | 1,186 | 529 | 672 | 677 | N/A |
| 6/30/2018 | 1,163 | 492 | 642 | 648 | N/A |
| 3/31/2018 | 1,143 | 484 | N/A | 656 | N/A |
| 12/31/2017 | 1,120 | 478 | N/A | 597 | N/A |
| 9/30/2017 | 1,099 | 345 | N/A | 603 | N/A |
| 6/30/2017 | 1,071 | 369 | N/A | 589 | N/A |
| 3/31/2017 | 1,039 | 365 | N/A | 557 | N/A |
| 12/31/2016 | 1,005 | 365 | N/A | 539 | N/A |
| 9/30/2016 | 970 | 292 | N/A | 467 | N/A |
| 6/30/2016 | 910 | 245 | N/A | 424 | N/A |
| 3/31/2016 | 851 | 218 | N/A | 375 | N/A |
| 12/31/2015 | 795 | 189 | N/A | 367 | N/A |
| 9/30/2015 | 733 | 225 | N/A | 367 | N/A |
| 6/30/2015 | 704 | 208 | N/A | 353 | N/A |
| 3/31/2015 | 678 | 194 | N/A | 360 | N/A |
| 12/31/2014 | 658 | 178 | N/A | 338 | N/A |
| 9/30/2014 | 634 | 210 | N/A | 329 | N/A |
| 6/30/2014 | 599 | 185 | N/A | 312 | N/A |
| 3/31/2014 | 565 | 177 | N/A | 285 | N/A |
| 12/31/2013 | 532 | 172 | N/A | 271 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXR's forecast earnings growth (11.5% per year) is above the savings rate (2.5%).
Earnings vs Market: EXR's earnings (11.5% per year) are forecast to grow slower than the US market (15.2% per year).
High Growth Earnings: EXR's earnings are forecast to grow, but not significantly.
Revenue vs Market: EXR's revenue (1.2% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: EXR's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXR's Return on Equity is forecast to be low in 3 years time (8.5%).