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Extra Space Storage ( (EXR) ) has provided an announcement.
On August 8, 2025, Extra Space Storage LP completed a public offering of $800 million in 4.950% Senior Notes due 2033, guaranteed by Extra Space Storage Inc. and its business trusts. The offering aims to strengthen the company’s financial position, with the Notes being senior unsecured obligations, subject to certain covenants and potential events of default. This strategic financial move is expected to impact the company’s operations and market positioning by providing additional capital for growth and expansion.
The most recent analyst rating on (EXR) stock is a Hold with a $173.00 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 Outperform.
Extra Space Storage’s overall stock score reflects strong financial performance and strategic corporate actions, such as the senior notes offering. However, technical indicators suggest bearish momentum, and valuation metrics indicate a relatively high price. The mixed sentiment from the earnings call, with both positive growth indicators and challenges, contributes to a cautious outlook.
To see Spark’s full report on EXR stock, click here.
More about Extra Space Storage
Extra Space Storage Inc. operates in the self-storage industry, providing storage units and related services to individuals and businesses. The company focuses on offering secure, convenient, and accessible storage solutions across various locations.
Average Trading Volume: 1,117,033
Technical Sentiment Signal: Sell
Current Market Cap: $30.59B
For a thorough assessment of EXR stock, go to TipRanks’ Stock Analysis page.