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EXR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
148.440
Open
145.990
VWAP
146.49
Vol
985.25K
Mkt Cap
30.97B
Low
144.350
Amount
144.33M
EV/EBITDA(TTM)
28.97
Total Shares
211.14M
EV
44.87B
EV/OCF(TTM)
24.25
P/S(TTM)
9.28
Extra Space Storage, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, provides lending to, acquires, develops and redevelops self-storage properties (stores). Its stores offer month-to-month rental of storage space for personal or business use. Its segments include self-storage operations and tenant reinsurance. Its self-storage operations segment includes rental operations of wholly owned stores. Its tenant reinsurance segment includes the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company owns and operates 4,238 self-storage properties, which comprise approximately 2.9 million units and approximately 326.9 million square feet of rentable storage space operating under the Extra Space brand. It offers customers a selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.
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Events Timeline

(ET)
2026-02-19
16:30:00
Sees 2026 Same-Store Revenue Growth of 0.50%-1.50%
select
2026-02-19
16:30:00
Company Reports Q4 Revenue of $857.47M, Exceeding Expectations
select

News

Yahoo Finance
8.5
03-01Yahoo Finance
Small Caps Project and Leadership Updates
  • Drilling Progress: Elixir Energy Ltd successfully drilled and cased the heel of the Lorelle-3H well in Queensland's Taroom Trough, de-risking the upcoming horizontal section and enhancing the project's development efficiency.
  • Gold-Copper Anomaly Discovery: Nova Minerals Ltd identified a significant gold-copper anomaly measuring 1,500 meters by 800 meters at its Estelle project in Alaska's Tintina Gold Belt, which could provide crucial insights for future mineral development.
  • Key Tenement Acquisition: Riversgold Ltd secured the P25/2848 tenement in Kalgoorlie East, further solidifying its gold project footprint in the region and potentially driving future resource development.
  • Leadership Consolidation: Mark Wall of American Rare Earths Ltd has assumed the combined role of president and CEO, leveraging his extensive mining leadership experience to accelerate the company's project execution and growth strategy.
seekingalpha
9.5
02-20seekingalpha
Extra Space Storage Q4 2025 Earnings Call Insights
  • Core Financial Performance: Extra Space Storage achieved a core FFO growth of 2.5% in Q4 2025 and 1.1% for the full year, demonstrating resilience amid challenging operating conditions and enhancing market confidence.
  • Strategic Capital Deployment: The company repurchased approximately $141 million in common shares and acquired 27 operating stores for $305 million, indicating ongoing investment in its diversified external growth platform aimed at enhancing market competitiveness.
  • Cost Control Effectiveness: Same-store operating expenses increased only 1.1%, with property taxes down 3.4% and utility costs down over 5%, showcasing effective cost management that lays a foundation for future revenue growth.
  • Cautious 2026 Outlook: Management anticipates same-store revenue fluctuations between negative 0.5% and positive 1.5% for 2026, emphasizing a focus on external growth opportunities and market dynamics without assuming significant improvements in the housing market.
NASDAQ.COM
2.0
02-20NASDAQ.COM
Extra Space Storage (EXR) Earnings Transcript
NASDAQ.COM
2.0
02-20NASDAQ.COM
Extra Space (EXR) Q4 2025 Earnings Call Transcript
seekingalpha
9.5
02-19seekingalpha
Extra Space Storage Q4 FFO and Revenue Exceed Expectations
  • Strong Earnings Report: Extra Space Storage reported a Q4 core FFO of $2.08, beating expectations by $0.04, which reflects the company's robust profitability and enhances investor confidence in its financial health.
  • Revenue Growth: The company achieved Q4 revenue of $857.5 million, a 4.3% year-over-year increase, exceeding market expectations by $124.64 million, indicating sustained growth in the self-storage market driven by strong demand.
  • 2026 Outlook: The company projects core FFO for 2026 to range between $8.05 and $8.35, reflecting management's cautious optimism about future revenue growth while considering expectations for same-store revenue and expense growth.
  • Financial Stability: Anticipated interest expenses for 2026 are $590 million, with management fees at $190.5 million, demonstrating the company's efforts in cost control and financial optimization, which are crucial for enhancing overall profitability.
NASDAQ.COM
9.5
02-19NASDAQ.COM
Extra Space Storage Reports Q4 Earnings Growth
  • Earnings Growth: Extra Space Storage Inc. reported fourth-quarter earnings of $287.39 million, translating to $1.36 per share, which is an increase from last year's $262.48 million and $1.24 per share, indicating improved profitability that boosts investor confidence.
  • Revenue Increase: The company's revenue for the fourth quarter reached $857.46 million, up 4.3% from $821.89 million last year, reflecting strong performance amid recovering market demand and further solidifying its market position.
  • Financial Health: The dual growth in earnings and revenue compared to last year suggests successful operational efficiency and cost control, potentially providing a stronger financial foundation for future expansions and investments.
  • Market Outlook: With economic recovery and rising consumer demand, Extra Space Storage's continued growth signals enhanced competitiveness in the self-storage industry, likely attracting more investor interest.
Wall Street analysts forecast EXR stock price to rise
11 Analyst Rating
Wall Street analysts forecast EXR stock price to rise
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
142.00
Averages
152.00
High
178.00
Current: 0.000
sliders
Low
142.00
Averages
152.00
High
178.00
Barclays
NULL -> Overweight
maintain
$164 -> $170
AI Analysis
2026-03-05
Reason
Barclays
Price Target
$164 -> $170
AI Analysis
2026-03-05
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on Extra Space Storage to $170 from $164 and keeps an Overweight rating on the shares. The firm updated self-storage real estate investment trust models post the Q4 reports.
Scotiabank
Sector Perform
maintain
$145 -> $156
2026-03-02
Reason
Scotiabank
Price Target
$145 -> $156
2026-03-02
maintain
Sector Perform
Reason
Scotiabank raised the firm's price target on Extra Space Storage to $156 from $145 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Real Estate & REIT stocks under its coverage following Q4 results, the analyst tells investors. Scotiabank believes REITs should be raising target development yields to focus on near-term funds from operations per share impact and believes external growth from acquisitions offer a "better thematic story," the firm adds.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for EXR
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Valuation Metrics

The current forward P/E ratio for Extra Space Storage Inc (EXR.N) is 28.01, compared to its 5-year average forward P/E of 31.50. For a more detailed relative valuation and DCF analysis to assess Extra Space Storage Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
31.50
Current PE
28.01
Overvalued PE
36.09
Undervalued PE
26.91

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
20.07
Current EV/EBITDA
17.24
Overvalued EV/EBITDA
23.59
Undervalued EV/EBITDA
16.55

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
12.37
Current PS
9.41
Overvalued PS
15.32
Undervalued PS
9.43

Financials

AI Analysis
Annual
Quarterly

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Whales Holding EXR

R
RREEF America L.L.C.
Holding
EXR
+12.24%
3M Return
P
PGGM
Holding
EXR
+12.17%
3M Return
C
CBRE Investment Management Listed Real Assets LLC
Holding
EXR
+11.76%
3M Return
C
CenterSquare Investment Management LLC
Holding
EXR
+11.21%
3M Return
H
Heitman Real Estate Securities LLC
Holding
EXR
+9.98%
3M Return
R
Resolution Capital Limited
Holding
EXR
+9.82%
3M Return

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Frequently Asked Questions

What is Extra Space Storage Inc (EXR) stock price today?

The current price of EXR is 146.68 USD — it has increased 0.27

What is Extra Space Storage Inc (EXR)'s business?

Extra Space Storage, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, provides lending to, acquires, develops and redevelops self-storage properties (stores). Its stores offer month-to-month rental of storage space for personal or business use. Its segments include self-storage operations and tenant reinsurance. Its self-storage operations segment includes rental operations of wholly owned stores. Its tenant reinsurance segment includes the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company owns and operates 4,238 self-storage properties, which comprise approximately 2.9 million units and approximately 326.9 million square feet of rentable storage space operating under the Extra Space brand. It offers customers a selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.

What is the price predicton of EXR Stock?

Wall Street analysts forecast EXR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXR is152.00 USD with a low forecast of 142.00 USD and a high forecast of 178.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Extra Space Storage Inc (EXR)'s revenue for the last quarter?

Extra Space Storage Inc revenue for the last quarter amounts to 857.47M USD, increased 4.33

What is Extra Space Storage Inc (EXR)'s earnings per share (EPS) for the last quarter?

Extra Space Storage Inc. EPS for the last quarter amounts to 1.36 USD, increased 9.68

How many employees does Extra Space Storage Inc (EXR). have?

Extra Space Storage Inc (EXR) has 8393 emplpoyees as of March 11 2026.

What is Extra Space Storage Inc (EXR) market cap?

Today EXR has the market capitalization of 30.97B USD.