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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
131.730
Open
130.810
VWAP
129.23
Vol
998.22K
Mkt Cap
27.08B
Low
127.665
Amount
129.00M
EV/EBITDA(TTM)
26.61
Total Shares
211.14M
EV
41.21B
EV/OCF(TTM)
22.27
P/S(TTM)
8.18
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
Company Reports Q4 Revenue of $857.47M, Exceeding Expectations
select

News

Newsfilter
9.5
03-30Newsfilter
PinnedExtra Space Storage Announces Earnings Release Date and Conference Call
  • Earnings Release Schedule: Extra Space Storage will release its financial results for the three months ending March 31, 2026, after market close on April 28, 2026, demonstrating the company's commitment to transparency and investor communication.
  • Conference Call Details: The company will host a conference call on April 29, 2026, at 1:00 p.m. Eastern Time, led by CEO Joe Margolis and CFO Jeff Norman, aimed at providing in-depth analysis of financial results and addressing analyst inquiries.
  • Participation Method: Investors can listen to the conference call via the company's investor relations page, with pre-registration available for a special dial-in number, reflecting the company's focus on enhancing investor experience.
  • Playback Availability: A replay of the conference call will be accessible on the company's website starting April 29, 2026, at 5:00 p.m. ET, remaining available for one year, ensuring that investors who missed the live event can still access critical information.
PRnewswire
9.5
03-30PRnewswire
Extra Space Storage Announces Earnings Call Schedule
  • Earnings Release Schedule: Extra Space Storage will release its financial results for the three months ending March 31, 2026, after market close on April 28, 2026, demonstrating the company's commitment to transparency and investor communication.
  • Conference Call Timing: The company will host a conference call on April 29, 2026, at 1:00 p.m. Eastern Time, led by CEO Joe Margolis, expected to provide in-depth analysis of financial results and operational performance.
  • Participation Restrictions: The Q&A session will be limited to registered financial analysts, with other participants having listen-only access, aimed at ensuring the depth and quality of professional discussions.
  • Playback Availability: A replay of the conference call will be available starting at 5:00 p.m. on April 29, 2026, and will remain accessible for one year, reflecting the company's commitment to ongoing information provision for investors.
CNBC
2.0
03-30CNBC
Barclays Advises Investors to Focus on Defensive Stocks
  • Market Volatility Intensifies: Barclays analyst Andrew Ferremi highlights that geopolitical tensions, oil prices, AI disruptions, and private credit risks have become persistent threats in the investment landscape, contributing to market instability, as evidenced by the S&P 500's five-week losing streak.
  • Defensive Investment Strategy: Barclays recommends investors focus on defensive stocks, particularly those rated overweight by analysts, which not only offer stable dividends but also demonstrate resilience through economic cycles, with Extra Space Storage boasting the highest yield at approximately 5%.
  • Strong Bank Stocks: JPMorgan is identified as a defensive bank, with its stock down over 11% this year, yet offering a 2.1% dividend yield that compensates investors for waiting; analysts believe its robust balance sheet and global operations will support stable earnings.
  • Attractive Consumer and Pharma Stocks: Coca-Cola is viewed as a prime example of a defensive consumer staple, with a projected 10% price increase, while Merck is considered a
moomoo
4.0
03-26moomoo
EXTRA SPACE STORAGE INC: TRUIST SECURITIES LOWERS TARGET PRICE FROM $146 TO $140
  • Price Adjustment: Extra Space Storage has reduced its target price from $146 to $140.
  • Market Impact: This adjustment reflects changes in the company's financial outlook and market conditions.
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.
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
Truist
Michael Lewis
Hold
downgrade
$145 -> $140
AI Analysis
2026-03-26
New
Reason
Truist
Michael Lewis
Price Target
$145 -> $140
AI Analysis
2026-03-26
New
downgrade
Hold
Reason
Truist analyst Michael Lewis lowered the firm's price target on Extra Space Storage to $140 from $145 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is adjusting its models based on Q4 results as well as updated revenue growth and expense assumptions, the analyst tells investors in a research note.
JPMorgan
Neutral
maintain
$142 -> $144
2026-03-23
Reason
JPMorgan
Price Target
$142 -> $144
2026-03-23
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Extra Space Storage to $144 from $142 and keeps a Neutral rating on the shares. The firm updated models in the self storage real estate investment trust group.
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 31.57. 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
31.57
Current PE
28.01
Overvalued PE
36.14
Undervalued PE
27.00

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
20.06
Current EV/EBITDA
17.24
Overvalued EV/EBITDA
23.60
Undervalued EV/EBITDA
16.52

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
15.33
Undervalued PS
9.41

Financials

AI Analysis
Annual
Quarterly

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Whales Holding EXR

R
RREEF America L.L.C.
Holding
EXR
+9.08%
3M Return
C
CBRE Investment Management Listed Real Assets LLC
Holding
EXR
+8.78%
3M Return
P
PGGM
Holding
EXR
+5.87%
3M Return
C
CenterSquare Investment Management LLC
Holding
EXR
+5.14%
3M Return
R
Resolution Capital Limited
Holding
EXR
+3.97%
3M Return
H
Heitman Real Estate Securities LLC
Holding
EXR
+3.95%
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 128.28 USD — it has decreased -0.53

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 31 2026.

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

Today EXR has the market capitalization of 27.08B USD.