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Extra Space Storage ( (EXR) ) has issued an announcement.
On August 6, 2025, Extra Space Storage Inc. announced the pricing of an $800 million public offering of 4.950% senior notes due 2033. The proceeds from this offering are intended to repay outstanding amounts under the company’s lines of credit and commercial paper program, as well as for general corporate purposes and potential acquisitions. This strategic financial move is expected to enhance the company’s operational flexibility and support its growth initiatives.
The most recent analyst rating on (EXR) stock is a Hold with a $180.00 price target. To see the full list of analyst forecasts on Extra Space Storage stock, see the EXR Stock Forecast page.
Spark’s Take on EXR Stock
According to Spark, TipRanks’ AI Analyst, EXR is a Neutral.
Extra Space Storage exhibits strong financial performance and strategic growth initiatives, though technical indicators suggest current bearish momentum. The valuation is moderate, supported by a strong dividend yield. While earnings call guidance reflects cautious optimism, challenges in revenue growth and expenses remain.
To see Spark’s full report on EXR stock, click here.
More about Extra Space Storage
Extra Space Storage Inc., based in Salt Lake City, Utah, is a self-administered and self-managed real estate investment trust and a member of the S&P 500. As of June 30, 2025, the company owned and/or operated 4,179 self-storage stores across 43 states and Washington, D.C., offering a wide selection of storage units, including boat, RV, and business storage. It is the largest operator of self-storage properties in the United States.
Average Trading Volume: 1,118,593
Technical Sentiment Signal: Sell
Current Market Cap: $30.72B
See more insights into EXR stock on TipRanks’ Stock Analysis page.