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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)1.14M
Market Cap
$32.70B
Enterprise Value$43.57K
Total Cash (Recent Filing)$138.99M
Total Debt (Recent Filing)$13.94B
Price to Earnings (P/E)33.2
Beta0.54
Next Earnings
Jul 28, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend Yield4.37%
Share Statistics
EPS (TTM)4.46
Shares Outstanding211,260,940
10 Day Avg. Volume877,846
30 Day Avg. Volume1,136,650
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
$156.23Price Target Upside7.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)4.62
Revenue Forecast (FY)$3.47B
Bulls Say, Bears Say
Bulls Say
Cash Generation / FCF QualityConsistently strong operating and free cash flow that closely track reported earnings indicate high earnings quality for a REIT. Durable FCF supports dividend coverage, maintenance capex, selective buybacks or debt paydown, and gives management flexibility through cycles over the next several months.
Third‑party Management Platform ScaleRapid expansion of the third‑party management platform creates an asset‑light, recurring fee stream that diversifies revenue and improves margins. Scale in management services leverages centralized operations and marketing, providing steadier FFO contribution and lower capital intensity over the medium term.
Balance Sheet Liquidity And Fixed‑rate DebtA high proportion of fixed‑rate debt, a modest weighted average rate and large revolver capacity materially reduce near‑term refinancing and rate sensitivity. This liquidity and rate profile supports opportunistic investments or cushioning during softer leasing seasons without immediate funding stress.
Bears Say
Elevated LeverageNet leverage near ~1.0x equity and an upward trend versus prior years increases exposure to interest‑rate volatility and refinancing risk. For a REIT, higher leverage constrains capital allocation choices, elevates interest expense sensitivity, and limits flexibility if operating cash flow softens.
Regulatory Constraints In L.A. CountyPersisting rent restrictions in L.A. County cap rate‑setting for stores in a high‑demand market, structurally limiting rent upside and local cash flow. Such regulatory constraints can permanently depress returns from affected assets and modestly drag consolidated revenue and NOI growth.
Competitive Acquisition Market Limits GrowthAggressive pricing in the acquisition market (very low initial cap rates) forces caution and a shift to asset‑light JVs, capping inorganic growth. While prudent, this limits the company’s ability to accelerate FFO via high‑return acquisitions and increases reliance on organic leasing and fee growth.
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 $32.70B.
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 8 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 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 1.16.
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$156.23 (7.48% Upside)
$156.23 (7.48% Upside)
Blogger Sentiment
Bullish
EXR Sentiment 100%
Sector Average 62%
Sector Average 62%
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
Neutral
Last 7 Days >0.1%
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
5.29%
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 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
$156.23
▲(7.48% 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
0.24% Other Institutional Investors
30.61% Public Companies and
Individual Investors