Extra Space Storage stock analysis
Extra Space Storage (FG8) Stock Price & Analysis
FG8 Stock Chart & Stats
- Day’s Range
- CHF 116.02 - CHF 131.21
- 52-Week Range
- CHF 115.28 - CHF 133.31
- Previous Close
- CHF 116.02
- Volume
- N/A
- Average Volume (3M)
- 14
- Market Cap
- CHF 28.61B
- Enterprise Value
- CHF 43.91B
- Total Cash (Recent Filing)
- CHF 114.82M
- Total Debt (Recent Filing)
- CHF 14.17B
- Price to Earnings (P/E)
- 32.3
- Beta
- 0.54
- Next Earnings
- Feb 24, 2027 (Est.)
- EPS Estimate
- 0.97
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 4.45%
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation
Robust operating and free cash flow, with free cash flow closely tracking net income, indicates strong earnings quality and internal funding capacity. This supports property investment, debt service, shareholder distributions and selective growth while reducing reliance on external capital over the next several quarters.
Improving Same-Store Performance
Accelerating same-store revenue and NOI, combined with lower expenses, show improving performance across the existing portfolio rather than growth dependent only on acquisitions. Continued operating gains can support recurring earnings, strengthen margins and improve cash generation over the medium term.
Scaled Management Platform
A large third-party management platform expands Extra Space’s branded footprint and fee-income opportunity without requiring ownership of every property. Its scale can improve operating leverage, create acquisition and lending relationships, and reinforce the company’s competitive position in self-storage.
Bears Say
Rising Leverage
Leverage has risen materially from recent prior-year levels, reducing balance-sheet flexibility even though the equity base remains sizable. Higher debt exposure can constrain capital allocation, increase sensitivity to financing conditions and leave less capacity to absorb weaker operating results or pursue growth.
Supply And Demand Pressure
The recovery is being driven mainly by moderating new supply rather than stronger customer demand, while several markets still face significant competitive additions. This may limit rent growth and occupancy gains, making sustained same-store improvement more dependent on disciplined execution.
Regulatory Pricing Risk
Renewed pricing restrictions in Los Angeles can delay movement toward market-level rents and limit revenue management flexibility. Although the 2026 effect was immaterial because the order arrived late, continued restrictions could weigh on future same-store revenue and complicate property-level planning.
Extra Space Storage News
FG8 FAQ
What was Extra Space Storage’s price range in the past 12 months?
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Extra Space Storage Stock Smart Score
Company Description
Extra Space Storage
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. 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.
- Sector
- Realestate
- Industry
- REIT - Industrial
- CEO
- Joseph D. Margolis
- Employees
- 8,393
- Website
- www.extraspace.com
- Address
- 2795 East Cottonwood Parkway, Salt Lake City, UT, 84121-7033, US
Extra Space Storage (FG8) Earnings & Revenues
FG8 Earnings Call
Earnings Call SentimentPositive
The call was strongly positive. Extra Space reported accelerating same-store revenue and NOI, high occupancy, broad-based expense savings, raised Core FFO and acquisition guidance, solid liquidity and multiple active growth channels. The primary challenges were steady rather than improving demand, remaining new-supply pressure in certain markets, renewed Los Angeles pricing restrictions, limited development activity, property-tax pressure, higher interest rates and a temporary third-party management portfolio loss. Management nevertheless expressed confidence in continued recovery, operating execution and leadership continuity.
View all CH:FG8 earnings summariesFG8 Net sales Breakdown
- 85.72% Property rental
- 10.45% Tenant Reinsurance
- 3.83% Management fees and other income
FG8 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 2 | 0 |
| Technical Analysis | 2 | 0 | 0 |
| Moving Averages | 2 | 2 | 0 |
