Extra Space Storage Inc. (EXR)
| Market Cap | 30.11B -0.9% |
| Revenue (ttm) | 3.51B +3.9% |
| Net Income | 956.07M -1.9% |
| EPS | 4.52 +0.1% |
| Shares Out | 220.65M |
| PE Ratio | 30.77 |
| Forward PE | 29.61 |
| Dividend | $6.48 (4.75%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 171,743 |
| Open | 139.36 |
| Previous Close | 139.16 |
| Day's Range | 136.29 - 140.19 |
| 52-Week Range | 125.71 - 158.88 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 158.50 (+16.14%) |
| Earnings Date | Oct 28, 2026 |
About EXR
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 341.0 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat sto... [Read more]
Financial Performance
In 2025, Extra Space Storage's revenue was $3.45 billion, an increase of 3.68% compared to the previous year's $3.32 billion. Earnings were $972.26 million, an increase of 13.96%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for EXR stock is "Buy." The 12-month stock price target is $158.5, which is an increase of 16.14% from the latest price.
News
Extra Space Storage price target lowered to $152 from $155 at Mizuho
Mizuho analyst Ravi Vaidya lowered the firm’s price target on Extra Space Storage (EXR) to $152 from $155 and keeps an Outperform rating on the shares. The firm adjusted targets…
Extra Space Storage price target lowered to $157 from $158 at Wells Fargo
Wells Fargo lowered the firm’s price target on Extra Space Storage (EXR) to $157 from $158 and keeps an Overweight rating on the shares. The firm remains neutral on storage…
Extra Space Storage upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Extra Space Storage (EXR) to Outperform from Market Perform with a price target of $170, up from $160. The firm cites valuation, greater confidence in storage’s recovery,…
No strategy change expected from new Extra Space Storage CEO, says BMO Capital
BMO Capital reiterated a Market Perform rating and $160 price target on Extra Space Storage (EXR) after Joe Margolis announced he will step down as CEO at year-end. Margolis, who…
Extra Space Storage CEO Joe Margolis to retire, Noah Springer to succeed
Extra Space Storage (EXR) announced that Noah Springer, president, will become the company’s next chief executive officer, effective January 1, 2027. Current CEO Joe Margolis, will retire at the end…
Extra Space Storage Announces Executive Leadership Transition
Joe Margolis to Retire; Noah Springer to Become Extra Space Storage's Chief Executive Officer Effective January 1, 2027 SALT LAKE CITY, Aug. 24, 2026 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EX...
Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend
SALT LAKE CITY, Aug. 19, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2025 dividend of $...
Extra Space Storage price target raised to $158 from $157 at Scotiabank
Scotiabank analyst Nicholas Yulico raised the firm’s price target on Extra Space Storage (EXR) to $158 from $157 and keeps a Sector Perform rating on the shares. The firm is…
Extra Space Storage price target raised to $160 from $156 at BofA
BofA raised the firm’s price target on Extra Space Storage (EXR) to $160 from $156 and keeps a Neutral rating on the shares. The firm, which notes that all three…
Extra Space Storage price target raised to $160 from $152 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Extra Space Storage (EXR) to $160 from $152 and keeps a Neutral rating on the shares after its better-than-expected results in Q2.
Extra Space Storage price target raised to $157 from $153 at RBC Capital
RBC Capital raised the firm’s price target on Extra Space Storage (EXR) to $157 from $153 and keeps a Sector Perform rating on the shares. The company’s Q2 same-store results…
Extra Space Storage Earnings Call Transcript: Q2 2026
Q2 saw 4.9% FFO per share growth and 2.4% same-store revenue growth, with occupancy at 94.2%. Guidance for 2026 was raised across FFO, revenue, and NOI, reflecting strong operational performance and disciplined external growth. Macro risks are monitored, but no material impact observed yet.
Extra Space Storage Earnings release: Q2 2026
Extra Space Storage released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Extra Space Storage Quarterly report: Q2 2026
Extra Space Storage has published its Q2 2026 quarterly earnings report on July 29, 2026.
Extra Space Storage raises FY26 Core FFO view to $8.25-$8.40 from $8.05-$8.35
Consensus is for FY26 FFO $8.26. Raises FY26 Same-store NOI growth view to 0.50%-2.50% from (2.25%)-1.25%.
Extra Space Storage reports Q2 Core FFO $2.15, consensus $2.06
Reports Q2 revenue $874.15M, consensus $739.13M. Reports Q2 Same-store revenue up 2.4% and same-store expense down 0.5%, resulting in a same-store NOI increase of 3.5% compared to the same period…
Extra Space Storage Inc. Reports 2026 Second Quarter Results
SALT LAKE CITY, July 28, 2026 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a member of the S&P...
Extra Space Storage price target raised to $158 from $154 at Wells Fargo
Wells Fargo raised the firm’s price target on Extra Space Storage (EXR) to $158 from $154 and keeps an Overweight rating on the shares. The firm remains neutral on the…
Extra Space Storage resumed with an Outperform at Raymond James
Raymond James resumed coverage of Extra Space Storage (EXR) with an Outperform rating and $44 price target The company is trading at a valuation “well below” historical average, which should…
Extra Space Storage price target raised to $163 from $158 at UBS
UBS raised the firm’s price target on Extra Space Storage (EXR) to $163 from $158 and keeps a Buy rating on the shares.
Extra Space Storage price target raised to $172 from $170 at Barclays
Barclays raised the firm’s price target on Extra Space Storage (EXR) to $172 from $170 and keeps an Overweight rating on the shares. Self-storage key performance indicators have begun a…
Extra Space Storage price target lowered to $149 from $151 at Evercore ISI
Evercore ISI lowered the firm’s price target on Extra Space Storage (EXR) to $149 from $151 and keeps an In Line rating on the shares. Storage REITs have shown impressive…
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter Results
SALT LAKE CITY, June 30, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2026, o...
Extra Space Announces Pricing of $550 Million of 4.900% Senior Notes due 2032
SALT LAKE CITY, June 24, 2026 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P...
Extra Space Storage Releases 2025 Sustainability Report
SALT LAKE CITY, June 23, 2026 /PRNewswire/ -- Extra Space Storage, Inc. (NYSE: EXR), a self-administered and self-managed Real Estate Investment Trust and member of the S&P 500 today announced the pub...