EXTRA SPACE STORAGE INC
EXRNYSETrading Snapshot
- Day Range
- $145.91 – $147.81
- 52-Week Range
- $125.71 – $158.88
- Volume
- $2.12B
- Avg Volume
- $2.56B
- Shares Outstanding
- 211.3M
- Next Earnings
- Sep 9, 2026
Fundamentals Snapshot
- Annual Revenue
- $3.38B
- Last Q Revenue
- $874M
- P/E Ratio
- 32.4
- P/S Ratio
- 9.1x
- EPS (TTM)
- $4.54
- Dividend Yield
- 4.41%
Why Investors Own EXR
- ✓High-growth profile — revenue up +26.4% YoY with expanding US Equity exposure.
- ✓Healthy economics — 64% gross margin and 15% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About 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.
Otter Score Breakdown
ⓘAnalyst Ratings
ⓘLatest News & Updates
APLE or EXR: Which Is the Better Value Stock Right Now?
APLE vs. EXR: Which Stock Is the Better Value Option?
A Hawkish Hold, A Steeper Curve
REITs lagged as rising long-term yields outweighed exceptionally strong earnings. Click here to read more about the real estate market here.
Self-Storage REITs Show Mixed NOI in Q2 2026 Earnings
Self-storage REITs posted stable Q2 2026 results as acquisitions accelerated and NOI trends split across major operators.
RBC Capital Maintains Sector Perform on Extra Space Storage, Raises Price Target to $157
RBC Capital analyst Brad Heffern maintains Extra Space Storage (NYSE:EXR) with a Sector Perform and raises the price target from $153 to $157.
Extra Space Storage Q2 Earnings Call Highlights
Extra Space Storage (NYSE:EXR) reported second-quarter core funds from operations, or FFO, of $2.15 per share, up 4.9% from a year earlier, as same-store revenue growth accelerated and expenses declined modestly. Management said the company’s operating results exceeded its internal forecasts, prompt
Extra Space Storage Inc (EXR) (Q2 2026) Earnings Call Highlights: Core FFO Beats Expectations, ...
Extra Space Storage Inc (EXR) reports 4.9% Core FFO growth and raises full-year guidance, driven by accelerating same-store revenue and operational efficiencies.