Extra Space Storage Inc. (EXR)

NYSE: EXR · Real-Time Price · USD
142.75
+3.72 (2.68%)
At close: Aug 22, 2025, 4:00 PM
142.21
-0.54 (-0.38%)
Pre-market: Aug 25, 2025, 8:00 AM EDT
2.68%
Market Cap31.64B
Revenue (ttm)3.39B
Net Income (ttm)974.69M
Shares Out 221.62M
EPS (ttm)4.52
PE Ratio31.59
Forward PE30.75
Dividend$6.48 (4.54%)
Ex-Dividend DateSep 15, 2025
Volume940,484
Open139.88
Previous Close139.03
Day's Range139.34 - 144.28
52-Week Range121.03 - 184.87
Beta1.08
AnalystsBuy
Price Target155.20 (+8.72%)
Earnings DateJul 30, 2025

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, 2025, the Company owned and/or operated 4,179 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.9 million units and approximately 321.5 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]

IPO Date Aug 12, 2004
Employees 8,012
Stock Exchange NYSE
Ticker Symbol EXR
Full Company Profile

Financial Performance

In 2024, Extra Space Storage's revenue was $3.34 billion, an increase of 27.64% compared to the previous year's $2.62 billion. Earnings were $853.19 million, an increase of 6.39%.

Financial Statements

Analyst Summary

According to 15 analysts, the average rating for EXR stock is "Buy." The 12-month stock price target is $155.2, which is an increase of 8.72% from the latest price.

Price Target
$155.2
(8.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Powell Pivot Sparks REIT Rebound

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....

Other symbols: AGGAGNCAMHAMTAREAVBAWP
23 hours ago - Seeking Alpha

Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend

SALT LAKE CITY , Aug. 21, 2025 /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 ...

3 days ago - PRNewsWire

If I Had $50,000 Today - 3 Elite Dividend Stocks I'd Buy Without Hesitation

This year, I aggressively invested during market swings and real estate deals. Now, I'm rebuilding cash. But if I had $50K, I'd deploy it strategically. I follow top investors like Nygren: buy underva...

Other symbols: CPCSL
11 days ago - Seeking Alpha

Extra Space Storage: Waiting On A Self Storage Turnaround

Extra Space Storage faces headwinds from rising expenses, slowing rent growth, and macroeconomic uncertainty, leading to recent share price declines and muted acquisitions. Despite near-term volatilit...

11 days ago - Seeking Alpha

Disinflation Dividend: REIT Earnings Scorecard

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...

Other symbols: AMHAMTARRBBREBFSBHRCBL
14 days ago - Seeking Alpha

Extra Space Announces Pricing of $800 Million of 4.950% Senior Notes due 2033

SALT LAKE CITY , Aug. 6, 2025 /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...

18 days ago - PRNewsWire

Behind The (Revised) Curve

U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. T...

Other symbols: AGGAGNCAHTAMHAMTAREAVB
21 days ago - Seeking Alpha

Extra Space Storage Inc. (EXR) Q2 2025 Earnings Call Transcript

Extra Space Storage Inc. (NYSE:EXR) Q2 2025 Earnings Conference Call July 31, 2025 1:00 PM ET Company Participants Jared Conley - Corporate Participant Jeffrey Norman - Corporate Participant Joseph D...

24 days ago - Seeking Alpha

Extra Space Storage Inc. Reports 2025 Second Quarter Results

SALT LAKE CITY , July 30, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of t...

25 days ago - PRNewsWire

Put REITs In Retirement (Part 3)

REITs offer retirees reliable income, inflation protection, and diversification, making them ideal for retirement portfolios with 10%-30% allocation based on risk tolerance. Equity LifeStyle Propertie...

Other symbols: ELS
7 weeks ago - Seeking Alpha

This Changes Everything: One Of The Most Important Shifts For Dividend Investors

Inflation isn't just back, it's becoming policy. From skewed CPI data to deficit-driven dollar moves, we're entering a new and lasting macro era. The U.S. may now prefer higher inflation to fix its ba...

Other symbols: ABBVAMARKKCATCNQEEMEGP
2 months ago - Seeking Alpha

Extra Space Storage: Extra Space To Run Up

I initiate coverage on Extra Space Storage with a buy and overweight rating due to its strong industry and sector positioning and impressive underlying valuation prospects. Despite recent underperform...

2 months ago - Seeking Alpha

Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2025 Results

SALT LAKE CITY , June 24, 2025 /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, 2025, ...

2 months ago - PRNewsWire

REITs: Unloved, Unwanted, Undervalued

REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by frustratingly persistent interest rate headwinds and historic underperformance, the venue halls were agai...

Other symbols: AHRAMTBBREDOCDRNDRVEQR
2 months ago - Seeking Alpha

AI Is Reshaping Real Estate - 3 REIT Sectors Set To Win Big

AI will significantly disrupt the world economy and most investments. Some property sectors will suffer, while others will benefit. We present the three biggest hidden winners.

Other symbols: AREEGP
2 months ago - Seeking Alpha

Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage

Extra Space Storage Inc. is the leading self storage REIT with a consistent history of paying rising dividends. EXR outperforms peers Public Storage and CubeSmart on five-year dividend growth rate, an...

3 months ago - Seeking Alpha

REITs: The Riches Are In The Niches

REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong ...

Other symbols: ADCAMTBXCATOCPTDGDLR
3 months ago - Seeking Alpha

Extra Space Storage May Be Nearing An Inflection (Rating Upgrade)

I am upgrading Extra Space Storage to a 'buy' as industry supply pressures ease and business fundamentals show signs of turning the corner. EXR's leading market position, solid balance sheet, and secu...

3 months ago - Seeking Alpha

Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend

SALT LAKE CITY , May 22, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2025 dividend of ...

3 months ago - PRNewsWire

Extra Space Storage Announces Executive Leadership Transition

Scott Stubbs to Retire as Chief Financial Officer, to be Succeeded by Jeff Norman, Senior Vice President of Capital Markets and Treasury, Effective July 1, 2025 SALT LAKE CITY , May 19, 2025 /PRNewswi...

3 months ago - PRNewsWire

3 Great REITs For Buy-And-Hold Investors

Some REITs are truly exceptional. They consistently outperform the market. I highlight three such exceptional REITs to buy and hold "forever".

Other symbols: CUBEPSA
3 months ago - Seeking Alpha

Scale Has Its Advantages: 3 A-Rated REIT Monopolies

Scale is a critical competitive advantage for companies, enabling them to expand, attract capital, and achieve strong market positions, as seen with Realty Income, Prologis, and Public Storage. Realty...

Other symbols: AAMTDLRMAAOPLDPSA
3 months ago - Seeking Alpha

Recession? Buy These 2 Dividend Growers While They Are Cheap

Despite recession fears and shaky GDP, I'm not panicking. Strong earnings and resilient fundamentals still offer plenty of opportunities for long-term investors. In times of trade turmoil and rising u...

Other symbols: CP
4 months ago - Seeking Alpha

Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript

Extra Space Storage Inc. (NYSE:EXR) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Jared Conley - VP, IR Joe Margolis - CEO Scott Stubbs - CFO Conference Call Partici...

4 months ago - Seeking Alpha

Extra Space Storage Inc. Reports 2025 First Quarter Results

SALT LAKE CITY , April 29, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of ...

4 months ago - PRNewsWire