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EXR Stock Chart & Stats
$144.09
$0.58(0.39%)
At close: 4:00 PM EDT
$144.09
$0.58(0.39%)
Day’s Range― - ―
52-Week Range$125.71 - $158.88
Previous Close$148.29
Volume1.50M
Average Volume (3M)1.13M
Market Cap
$30.92B
Enterprise Value$46.66K
Total Cash (Recent Filing)$695.17M
Total Debt (Recent Filing)$14.41B
Price to Earnings (P/E)30.9
Beta0.54
Next Earnings
Nov 03, 2026EPS Estimate
1.18Next Dividend Ex-DateN/A
Dividend Yield4.63%
Share Statistics
EPS (TTM)4.53
Shares Outstanding211,269,560
10 Day Avg. Volume824,936
30 Day Avg. Volume1,125,567
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
$158.85Price Target Upside10.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)4.62
Revenue Forecast (FY)$3.51B
Bulls Say, Bears Say
Bulls Say
Raised 2026 Guidance And Accelerating Same-store NOIHigher full-year guidance and accelerating same-store revenue and NOI indicate improving operating execution. Sustained occupancy, pricing power and expense control could support durable internal growth over the next several quarters.
Scalable Third-party Management Platform GrowthExpansion of the management platform adds fee income without requiring ownership of every property, improving scalability and asset-light growth. A larger network also strengthens operating systems, brand reach and acquisition opportunities.
Strong Cash Generation And Customer RetentionReliable conversion of earnings into free cash flow supports dividends, debt service and reinvestment. Longer customer stays and lower churn can reduce turnover costs and make rental revenue more resilient through housing-market fluctuations.
Bears Say
Meaningful Leverage Limits Financial FlexibilityElevated leverage is manageable for a REIT but increases refinancing exposure and limits flexibility if interest costs rise or property fundamentals weaken. It may also constrain acquisitions and amplify pressure on cash distributions during a downturn.
Lower Gross Margin And Weaker Operating Cash-flow CoverageRecent margin compression and operating cash flow below earnings raise questions about the quality and sustainability of reported profitability. If persistent, weaker conversion could reduce funds available for debt reduction, capital spending and shareholder distributions.
Regional And Regulatory Headwinds Affect Same-store GrowthUneven Sun Belt demand can weigh on occupancy and pricing across parts of the portfolio, while local restrictions and licensing rules may limit rent flexibility and add costs. These pressures could temper same-store growth beyond the current quarter.
Extra Space Storage News
EXR FAQ
What was Extra Space Storage’s price range in the past 12 months?
Extra Space Storage lowest stock price was $125.71 and its highest was $158.88 in the past 12 months.
What is Extra Space Storage’s market cap?
Extra Space Storage’s market cap is $30.92B.
When is Extra Space Storage’s upcoming earnings report date?
Extra Space Storage’s upcoming earnings report date is Nov 03, 2026 which is in 61 days.
How were Extra Space Storage’s earnings last quarter?
Extra Space Storage 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 overvalued?
According to Wall Street analysts Extra Space Storage’s price is currently Undervalued.
Does Extra Space Storage pay dividends?
Extra Space Storage pays a Quarterly dividend of $1.62 which represents an annual dividend yield of 4.63%. See more information on Extra Space Storage dividends here
What is Extra Space Storage’s EPS estimate?
Extra Space Storage’s EPS estimate is 1.18.
How many shares outstanding does Extra Space Storage have?
Extra Space Storage has 211,269,560 shares outstanding.
What happened to Extra Space Storage’s price movement after its last earnings report?
Extra Space Storage 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?
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:
$158.85 (10.24% Upside)
$158.85 (10.24% Upside)
Blogger Sentiment
Neutral
EXR Sentiment 57%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 364.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $495.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.96%
12-Months-Change
Fundamentals
Return on Equity
4.63%
Trailing 12-Months
Asset Growth
1.00%
Trailing 12-Months
Learn more about TipRanks 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. 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
$158.85
▲(10.24% Upside)
Technical Analysis
Ownership Overview
0.88% Insiders
36.07% Mutual Funds
22.40% Other Institutional Investors
7.89% Public Companies and
Individual Investors