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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
$33.73B
Enterprise Value$46.66K
Total Cash (Recent Filing)$138.99M
Total Debt (Recent Filing)$13.94B
Price to Earnings (P/E)33.6
Beta0.56
Next Earnings
Nov 03, 2026EPS Estimate
1.18Next Dividend Ex-DateN/A
Dividend Yield4.37%
Share Statistics
EPS (TTM)4.46
Shares Outstanding211,260,940
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
$158.00Price Target Upside6.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)4.62
Revenue Forecast (FY)$3.50B
Bulls Say, Bears Say
Bulls Say
Cash GenerationExtra Space’s persistent, high operating and free cash flow indicates durable earnings quality and internal funding for dividends, maintenance capex, and selective growth. Strong cash generation reduces reliance on capital markets and supports stability through cyclical or rate volatility.
Platform Scale & Third-party ManagementA large, growing third-party management platform diversifies fee revenue, leverages centralized ops and marketing, and creates recurring, low-capex growth. Scale enhances pricing, call-center efficiency and cross-selling, strengthening long-term margins and optionality for asset-light expansion.
Operational Momentum & GuidanceImproving occupancy, accelerating same-store revenue/NOI and a raised guidance range reflect lasting pricing power and expense control. This operational traction increases visibility into future cash flows and supports sustainable FFO growth even if macro growth moderates.
Bears Say
Elevated LeverageLeverage near 1.0x equity raises sensitivity to higher rates or tighter credit windows and limits balance-sheet flexibility for opportunistic buying or heavy buybacks. Higher leverage can increase interest expense and refinancing risk, constraining long-term capital allocation choices.
Elevated Acquisition PricingPersistently rich asset prices compress expected acquisition yields, reducing the pool of accretive transactions. Relying on proprietary or relationship deals narrows dealflow and may slow externally driven NOI growth, limiting durable expansion unless pricing normalizes.
Regulatory / Regional HeadwindsNew city-level licensing and legal settlements introduce recurring compliance costs, operational constraints and potential price restrictions in large urban markets. These structural obligations can depress margins and cap pricing flexibility in key, dense metros over the medium term.
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 $33.73B.
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 95 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 4.37%. 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 211,260,940 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
Outperform
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$158.00 (6.97% Upside)
$158.00 (6.97% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 75%
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 ▼ 1.9%
Last 30 Days >0.1%
Last 30 Days >0.1%
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
4.37%
Trailing 12-Months
Asset Growth
0.36%
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
$158.00
▲(6.97% 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
36.07% Mutual Funds
1.27% Other Institutional Investors
29.69% Public Companies and
Individual Investors