Extra Space Storage Inc (EXR)
NYSE:EXR
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EXR Stock Chart & Stats
$145.36
-$1.17(-0.79%)
At close: 4:00 PM EST
$145.36
-$1.17(-0.79%)
Day’s Range― - ―
52-Week Range$125.71 - $155.19
Previous CloseN/A
Volume134.17K
Average Volume (3M)1.16M
Market Cap
$31.62B
Enterprise Value$43.48B
Total Cash (Recent Filing)$138.92M
Total Debt (Recent Filing)$14.97B
Price to Earnings (P/E)28.7
Beta0.64
Next Earnings
Aug 04, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend Yield5.01%
Share Statistics
EPS (TTM)1.14
Shares Outstanding211,197,330
10 Day Avg. Volume1,073,960
30 Day Avg. Volume1,164,228
Financial Highlights & Ratios
PEG Ratio2.04
Price to Book (P/B)2.05
Price to Sales (P/S)8.17
P/FCF Ratio15.08
Enterprise Value/Market Cap1.37
Enterprise Value/Revenue12.87
Enterprise Value/Gross Profit45.28
Enterprise Value/Ebitda13.62
Forecast
1Y Price Target
$153.46Price Target Upside5.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)4.67
Revenue Forecast (FY)$3.48B
Bulls Say, Bears Say
Bulls Say
Acquisition-driven ExpansionAcquisitions expanded the operating footprint and increased store count, creating additional growth opportunities and revenue diversification.
Share RepurchasesCompany executed a substantial share repurchase that supports shareholder value and helps offset near-term operational weakness.
Stabilizing Fundamentals And ValuationSame-store revenue and net operating income gains in key markets, combined with valuation that appears attractive versus historical averages, suggest limited downside as fundamentals stabilize.
Bears Say
Demand And Occupancy WeaknessSlowing move-in activity, declining occupancy and modest rental rate decreases indicate weakening demand and pressure on pricing power.
Guidance ShortfallManagement's forward earnings and same-store revenue guidance came in below consensus, which may dampen investor confidence and weigh on the stock.
Macro Headwinds From Housing And RatesWeak housing turnover and elevated interest rates are cited as structural headwinds that could constrain demand for storage services and limit growth.
Extra Space Storage News
EXR FAQ
What was Extra Space Storage Inc’s price range in the past 12 months?
Extra Space Storage Inc lowest stock price was $125.71 and its highest was $155.19 in the past 12 months.
What is Extra Space Storage Inc’s market cap?
Extra Space Storage Inc’s market cap is $31.62B.
When is Extra Space Storage Inc’s upcoming earnings report date?
Extra Space Storage Inc’s upcoming earnings report date is Aug 04, 2026 which is in 94 days.
How were Extra Space Storage Inc’s earnings last quarter?
Extra Space Storage Inc released its earnings results on Apr 28, 2026. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.117 by $0.023.
Is Extra Space Storage Inc overvalued?
According to Wall Street analysts Extra Space Storage Inc’s price is currently Undervalued.
Does Extra Space Storage Inc pay dividends?
Extra Space Storage Inc pays a Quarterly dividend of $1.62 which represents an annual dividend yield of 5.01%. See more information on Extra Space Storage Inc dividends here
What is Extra Space Storage Inc’s EPS estimate?
Extra Space Storage Inc’s EPS estimate is 1.16.
How many shares outstanding does Extra Space Storage Inc have?
Extra Space Storage Inc has 211,197,330 shares outstanding.
What happened to Extra Space Storage Inc’s price movement after its last earnings report?
Extra Space Storage Inc reported an EPS of $1.14 in its last earnings report, beating expectations of $1.117. Following the earnings report the stock price went down -0.347%.
Which hedge fund is a major shareholder of Extra Space Storage Inc?
Currently, no hedge funds are holding shares in EXR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Extra Space Storage Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$153.46 (5.57% Upside)
$153.46 (5.57% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 898.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.76%
12-Months-Change
Fundamentals
Return on Equity
6.97%
Trailing 12-Months
Asset Growth
0.36%
Trailing 12-Months
Company Description
Extra Space Storage Inc
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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
EXR Company Deck
EXR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational momentum: revenue and NOI acceleration, improving occupancy dynamics, strong ancillary growth (management fees, insurance), expanding third-party management, and a healthy balance sheet with significant liquidity. Management is exercising disciplined capital allocation amid aggressive market pricing for acquisitions, noted localized market and regulatory headwinds (L.A. County, some Sunbelt markets), a moderation in move-in rate growth, and short-term expense volatility due to weather and insurance timing. On balance, the company appears to be in a constructive recovery phase but remains cautious and measured given macro and valuation uncertainties.View all EXR earnings summariesEXR Revenue Breakdown
85.72% Property rental
10.45% Tenant Reinsurance
3.83% Management fees and other income
EXR Stock 12 Month Forecast
Average Price Target
$153.46
▲(5.57% Upside)
Technical Analysis
Cubesmart
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Public Storage
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National Storage Affiliates
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Innovative Industrial Properties
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Ownership Overview
0.88% Insiders
34.98% Mutual Funds
1.27% Other Institutional Investors
31.59% Public Companies and
Individual Investors