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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)1.07M
Market Cap
$32.96B
Enterprise Value$44.21B
Total Cash (Recent Filing)$138.99M
Total Debt (Recent Filing)$13.94B
Price to Earnings (P/E)33.5
Beta0.56
Next Earnings
Jul 28, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend Yield5.01%
Share Statistics
EPS (TTM)4.46
Shares Outstanding211,260,940
10 Day Avg. Volume1,397,398
30 Day Avg. Volume1,066,943
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 Cap1.34
Enterprise Value/Revenue13.03
Enterprise Value/Gross Profit46.75
Enterprise Value/Ebitda13.61
Forecast
1Y Price Target
$155.31Price Target Upside6.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)4.61
Revenue Forecast (FY)$3.47B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistently high operating and free cash flow that track earnings provides durable internal funding for REIT distributions, maintenance capex and opportunistic acquisitions. Reliable cash conversion also supports debt servicing and reduces dependence on volatile external capital markets over the next several quarters.
Scaled Third-party Management PlatformA large and expanding third-party management platform creates recurring, asset-light fee revenue and enhances margin optionality. Scale in management services strengthens customer acquisition, pricing tools and brand reach, supporting sustainable fee growth and lower capital intensity versus owning all growth.
High Fixed-rate Debt Profile And Strong LiquidityA high share of fixed-rate debt and substantial revolver capacity materially reduce short-term refinancing and interest-rate risk. This liquidity and rate stability underpin durable dividend coverage, disciplined capex and the ability to wait for accretive acquisitions rather than being forced to transact in volatile markets.
Bears Say
Moderate Leverage LevelLeverage near parity with equity raises sensitivity to refinancing costs and interest-rate moves, constraining financial flexibility. If operating momentum softens, higher debt could pressure free cash flow coverage and limit the pace of dividend growth or acquisition funding over the coming 2–6 months.
Regulatory Constraints In L.A. CountySustained rent restrictions in a high-occupancy market like L.A. materially limit pricing power and rental upside for affected stores. This structural constraint can depress portfolio revenue and NOI in that market, reducing overall portfolio growth and complicating capital allocation decisions in the near-to-medium term.
Competitive Acquisition Market And Cap-rate CompressionAggressive pricing in the acquisition market reduces the pool of accretive opportunities, forcing the company toward asset-light JV deals or smaller purchases. That restraint can slow inorganic growth and limit the ability to expand owned cash flows even if operating fundamentals recover.
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 $32.96B.
When is Extra Space Storage Inc’s upcoming earnings report date?
Extra Space Storage Inc’s upcoming earnings report date is Jul 28, 2026 which is in 22 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 211,260,940 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 $1.14 in its last earnings report, beating expectations of $1.117. Following the earnings report the stock price went down -0.348%.
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:
$155.31 (6.84% Upside)
$155.31 (6.84% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 70%
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 ▲ 2.1%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.97%
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., 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 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
$155.31
▲(6.84% 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
0.02% Other Institutional Investors
30.91% Public Companies and
Individual Investors