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EXR Stock Chart & Stats
$147.71
$0.58(0.39%)
At close: 4:00 PM EDT
$147.71
$0.58(0.39%)
Day’s Range― - ―
52-Week Range$125.71 - $158.88
Previous Close$148.29
Volume1.50M
Average Volume (3M)1.14M
Market Cap
$32.64B
Enterprise Value$46.66K
Total Cash (Recent Filing)$695.17M
Total Debt (Recent Filing)$14.41B
Price to Earnings (P/E)32.5
Beta0.56
Next Earnings
Nov 03, 2026EPS Estimate
1.18Next Dividend Ex-DateN/A
Dividend Yield4.4%
Share Statistics
EPS (TTM)4.53
Shares Outstanding211,269,560
10 Day Avg. Volume1,166,081
30 Day Avg. Volume1,138,453
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$158.38Price Target Upside7.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)4.61
Revenue Forecast (FY)$3.50B
Bulls Say, Bears Say
Bulls Say
Raised Guidance And Same-store AccelerationHigher full-year guidance, accelerating same-store revenue and NOI, and 94.2% occupancy indicate improving operating execution. Sustained pricing power and expense control can support recurring cash earnings across the owned portfolio.
Scalable Third-party Management PlatformExpanding the managed portfolio grows fee income without requiring equivalent property ownership capital. A larger platform also reinforces marketing, revenue-management and operating scale, supporting a more diversified and scalable business model.
Strong Cash GenerationConsistent conversion of reported earnings into free cash flow supports debt service, property investment and shareholder distributions. Although growth has varied by period, the recurring cash profile strengthens financial resilience and operating flexibility.
Bears Say
Meaningful And Rising LeverageLeverage remains manageable for a REIT but reduces flexibility if property fundamentals weaken or financing costs rise. Larger debt obligations can constrain acquisitions, distributions and balance-sheet capacity during a softer operating environment.
Margin And Operating Cash-flow Quality RisksLower gross margin and sub-1x operating cash-flow coverage of earnings raise questions about the durability and quality of recent profitability. If persistent, these trends could limit reinvestment capacity and weaken confidence in earnings conversion.
Regulatory And Regional Operating HeadwindsNew compliance obligations and local pricing restrictions can permanently increase operating friction or limit revenue growth in affected markets. Uneven Sun Belt conditions further make portfolio performance dependent on regional recovery rather than uniform demand.
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 $158.88 in the past 12 months.
What is Extra Space Storage Inc’s market cap?
Extra Space Storage Inc’s market cap is $32.64B.
When is Extra Space Storage Inc’s upcoming earnings report date?
Extra Space Storage Inc’s upcoming earnings report date is Nov 03, 2026 which is in 74 days.
How were Extra Space Storage Inc’s earnings last quarter?
Extra Space Storage Inc released its earnings results on Jul 28, 2026. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.159 by $0.091.
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 4.4%. 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 1.18.
How many shares outstanding does Extra Space Storage Inc have?
Extra Space Storage Inc has 211,269,560 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 $1.25 in its last earnings report, beating expectations of $1.159. Following the earnings report the stock price went up 0.42%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$158.38 (7.23% Upside)
$158.38 (7.23% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 63%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $495.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.71%
12-Months-Change
Fundamentals
Return on Equity
4.40%
Trailing 12-Months
Asset Growth
1.00%
Trailing 12-Months
Company Description
Extra Space Storage Inc
Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.
EXR Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial picture: the company reported beats on FFO, same-store revenue and NOI, raised full-year guidance, demonstrated strong liquidity and disciplined external growth, and noted improving customer retention and ancillary income. Offsetting risks include macro uncertainty, tougher second-half comps, localized market weakness, elevated acquisition pricing, and modest regulatory/legal items (NYC settlement and LA headwinds). Overall, the positives — including raised guidance and strong execution across multiple channels — outweigh the noted challenges.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
$158.38
▲(7.23% Upside)
Technical Analysis
Ownership Overview
0.88% Insiders
36.07% Mutual Funds
22.38% Other Institutional Investors
8.39% Public Companies and
Individual Investors