任意の製品分析
許可いただいた場合、プライバシーに配慮した限定的な分析を使用し、どのリサーチ経路が有効かを把握します。広告トラッカーやセッション録画は使用しません。この選択は設定で変更できます。詳しくは プライバシーポリシー.
Extra Space Storage Inc.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $29.2B | |
|---|---|---|
| Revenue (ttm) | 3.5B | |
| Net income (ttm) | 1B | |
| EPS (ttm) | $4.92 | |
| Shares out | 220.6M | |
| P/E (trailing) | 29.5x | |
| P/E (forward) | 29.0x | |
| Dividend | $6.48 (4.46%) | |
| Volume | 2,071,757 | |
| Beta | 1.17 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $66.3M | $83.9M | $102.0M | $120.9M | $129.5M | +18.2% |
| Gross profit | $1.23B | $1.54B | $2.02B | $2.55B | $960.2M | -6.0% |
| Operating income | $976.0M | $1.05B | $1.17B | $1.32B | $1.41B | +9.7% |
| Net income | $827.6M | $860.7M | $803.2M | $854.7M | $974.0M | +4.2% |
| EPS (diluted) | $6.19 | $6.41 | $4.74 | $4.03 | $4.59 | -7.2% |
| EBITDA | $1.11B | $1.37B | $1.79B | $2.26B | $2.41B | +21.5% |
| R&D | $1 | $0 | $0 | — | — | -21.4% |
| SG&A | $102.2M | $129.3M | $146.4M | $167.4M | $186.3M | +16.2% |
Recent company headlines from major financial publishers.
The Base scenario projects a target value of $86.66 with an assigned probability of 55.0%, representing an implied return of -34.6% relative to $132.45 (Fair value stands at $86.66 with -34.6% implied return). Under this trajectory, same-store revenue growth stabilizes within management guidance for FY2026 before accelerating toward historical rates by FY2027 and FY2028 as new store deliveries decline across primary metropolitan markets. Consolidated operating margins remain steady, supported by disciplined on-site expense control and durable contributions from tenant reinsurance. This scenario would be disconfirmed if promotional street discounting intensifies or if municipal rent regulations spread to additional major metropolitan areas, with initial confirmation observable across quarterly occupancy and rate realization checkpoints through FY2027.
The Bull scenario projects Potential value of $108.03 with an assigned probability of 20.0%, representing an implied return of -18.4% relative to $132.45. In this outcome, self-storage construction completions across major metropolitan markets decelerate more rapidly than expected, enabling accelerated absorption of existing space and immediate street rate increases. Move-in rates firm up while occupancy stays high via algorithmic digital marketing channels. High-margin tenant reinsurance attach rates expand across third-party managed stores, driving consolidated operating margins to cyclical highs and lifting core FFO above the top of annual guidance. This case would be disconfirmed if consumer price sensitivity dampens existing customer rate adjustments or if new speculative development restarts, with checkpoints verifiable through the upcoming summer leasing cycles.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 8.3% | $91.1 | $92.2 | $93.4 | $94.7 | $96.2 |
| 8.8% | $87.9 | $88.8 | $89.8 | $90.9 | $92.1 |
| 9.3% | $85.0 | $85.8 | $86.7 | $87.6 | $88.6 |
| 9.8% | $82.4 | $83.1 | $83.8 | $84.6 | $85.5 |
| 10.3% | $80.1 | $80.7 | $81.3 | $82.0 | $82.7 |
Upcoming earnings date and setup when available.
各月に公開されたリサーチ版が示したレーティングです。レーティングは分析時点の株価を公正価値と比較したもので、判断が当たったかどうかの記録ではありません。
| 年 | 1月 | 2月 | 3月 | 4月 | 5月 | 6月 | 7月 | 8月 | 9月 | 10月 | 11月 | 12月 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
