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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
145.570
Open
144.900
VWAP
144.39
Vol
1.29M
Mkt Cap
30.49B
Low
143.300
Amount
185.69M
EV/EBITDA(TTM)
28.72
Total Shares
211.26M
EV
44.72B
EV/OCF(TTM)
24.06
P/S(TTM)
9.24
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.
Show More

Events Timeline

(ET)
2026-04-28
16:30:00
Extra Space Storage Reaffirms FY26 Core FFO View $8.05-$8.35
select
2026-04-28
16:30:00
Company Reports Q1 Revenue of $856.03M, Beating Consensus
select

News

Yahoo Finance
9.5
05-26Yahoo Finance
Extra Space Storage Named Among Top Dividend Stocks for June
  • Dividend Stock Recommendation: Extra Space Storage Inc. has been named among the 10 Best Dividend Stocks to Buy, indicating its attractiveness to investors, which could drive stock price appreciation and attract more long-term investors.
  • Analyst Rating Upgrade: UBS analyst Michael Goldsmith raised the price target for Extra Space Storage from $148 to $158 while reiterating a Buy rating, reflecting market confidence in the company's future performance.
  • Strong Financial Performance: In the Q1 2026 earnings call, CEO Joseph Margolis reported core FFO of $2.04 per share, a 2% increase year-over-year, with same-store revenue growth of 1.7% exceeding internal expectations, showcasing the company's competitive position in the market.
  • Acquisition Outlook: Margolis expects total acquisitions to reach around $200 million in 2026, primarily through asset-light joint ventures, indicating a proactive strategy for expanding market share and enhancing the asset portfolio.
NASDAQ.COM
4.5
05-21NASDAQ.COM
Analysis of the Importance of Market Capitalization
  • Concept of Market Capitalization: Market capitalization is a crucial data point for investors as it accurately reflects the value attributed to a company's stock by the market, helping to prevent beginners from misjudging a company's worth based solely on stock price.
  • Company Valuation Comparison: Currently, Fiserv Inc (FISV) has a market cap of $30.09 billion, while Extra Space Storage Inc (EXR) stands at $30.05 billion, indicating their close relative size within the S&P 500.
  • Impact on Investor Decisions: Market capitalization determines a company's size tier among peers, influencing mutual funds and ETFs' investment choices, particularly those focused on large-cap stocks.
  • Market Performance Dynamics: At Thursday's close, FISV's stock fell by approximately 1.1%, while EXR's stock rose by about 1.1%, reflecting differing investor sentiments towards the two companies.
PRnewswire
5.0
05-20PRnewswire
Extra Space Storage Elects New Board Members Enhancing Leadership
  • New Board Members: At the 2026 Annual Meeting, Crystal Call Maggelet and RJ Pittman were elected to the board, reflecting Extra Space's commitment to regular board refreshment and enhancing governance through high-caliber leaders in real estate and retail operations strategy.
  • Maggelet's Background: Crystal Call Maggelet brings extensive experience in managing large-scale retail properties, having served as CEO of FJ Management Inc., overseeing operations for over 850 convenience stores, showcasing her capability in executing complex operational strategies.
  • Pittman's Tech Expertise: RJ Pittman, a technology pioneer and former CEO of Matterport, focuses on digital transformation and AI, which is expected to provide significant value to Extra Space in technology-driven customer experiences.
  • Board Independence: The addition of new board members maintains Extra Space's high independence, with 90% of directors being independent, and five out of ten directors having joined in the last five years, ensuring a healthy balance of governance and fresh oversight.
Newsfilter
5.0
05-20Newsfilter
Extra Space Storage Elects New Board Members to Enhance Leadership
  • New Board Members: At the 2026 Annual Meeting, Extra Space Storage elected Crystal Call Maggelet and RJ Pittman to the board, reflecting the company's ongoing commitment to high-caliber leadership aimed at enhancing its competitive edge in real estate and retail operations strategy.
  • Rich Leadership Experience: Crystal Call Maggelet brings extensive experience managing large retail properties, having served as CEO of FJ Management Inc. overseeing over 850 convenience stores, showcasing her capability in executing complex operational strategies that are expected to provide new perspectives and strategic direction for the company.
  • Technology Innovation Leader: RJ Pittman, a technology pioneer and former CEO of Matterport, focuses on digital transformation and artificial intelligence, with his leadership in technology-driven customer experiences anticipated to significantly boost Extra Space's business growth potential.
  • Board Independence: The addition of new members maintains a highly independent board, with 90% of directors being independent, and five out of ten directors having joined in the last five years, ensuring diversity and fresh perspectives that will help the company maintain its competitive advantage in the industry.
seekingalpha
8.0
05-18seekingalpha
Extra Space Storage Declares Quarterly Dividend of $1.62
  • Dividend Stability: Extra Space Storage declares a quarterly dividend of $1.62 per share, maintaining this amount for the eleventh consecutive quarter, which reflects the company's strong cash flow management and enhances investor confidence.
  • Earnings Beat Expectations: The company reported a first-quarter FFO of $2.04, exceeding expectations by $0.03, indicating a sustained improvement in profitability within the storage sector, likely attracting more investor interest.
  • Significant Revenue Growth: First-quarter revenue reached $856.03 million, surpassing market expectations by $128.31 million, demonstrating the company's successful expansion of market share amid strong demand, further solidifying its industry leadership.
  • Future Acquisition Plans: Extra Space Storage outlines a $200 million acquisition strategy for 2026 while maintaining core FFO guidance in the range of $8.05 to $8.35, showcasing the company's confidence in future growth and strategic positioning.
PRnewswire
8.0
05-15PRnewswire
Extra Space Storage Declares Q2 2026 Dividend of $1.62 per Share
  • Dividend Announcement: Extra Space Storage has declared a second-quarter 2026 dividend of $1.62 per share, payable on June 30, 2026, reflecting the company's ongoing profitability and commitment to shareholder returns.
  • Record Date for Shareholders: The record date for this dividend is June 15, 2026, ensuring that investors holding shares before this date will receive the payout, thereby enhancing investor confidence in the company.
  • Company Scale: As of March 31, 2026, Extra Space Storage owned and operated 4,344 self-storage properties, offering approximately 3.0 million units and 335.6 million square feet of rentable storage space, solidifying its leadership position in the U.S. self-storage market.
  • Market Positioning: As the largest operator of self-storage properties in the U.S., the company provides a diverse range of storage solutions, including boat storage, RV storage, and business storage, catering to various customer needs and further driving business growth.
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
Mizuho
NULL
to
Outperform
maintain
$150 -> $155
AI Analysis
2026-05-27
New
Reason
Mizuho
Price Target
$150 -> $155
AI Analysis
2026-05-27
New
maintain
NULL
to
Outperform
Reason
Mizuho raised the firm's price target on Extra Space Storage to $155 from $150 and keeps an Outperform rating on the shares. The firm sees building demand risks for the self storage space.
UBS
Michael Goldsmith
Buy
maintain
$148 -> $158
2026-05-18
Reason
UBS
Michael Goldsmith
Price Target
$148 -> $158
2026-05-18
maintain
Buy
Reason
UBS analyst Michael Goldsmith raised the firm's price target on Extra Space Storage to $158 from $148 and keeps a Buy rating on the shares.
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 33.00, compared to its 5-year average forward P/E of 31.46. 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
31.46
Current PE
33.00
Overvalued PE
35.93
Undervalued PE
26.98

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
19.71
Current EV/EBITDA
22.12
Overvalued EV/EBITDA
23.20
Undervalued EV/EBITDA
16.21

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
12.09
Current PS
10.43
Overvalued PS
15.01
Undervalued PS
9.16

Financials

AI Analysis
Annual
Quarterly

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Whales Holding EXR

E
Empower Capital Management, LLC
Holding
EXR
+14.99%
3M Return
G
Gradient Investments, LLC
Holding
EXR
+12.18%
3M Return
N
Nan Shan Life Insurance Co., Ltd.
Holding
EXR
+11.86%
3M Return
P
Principal Global Investors, LLC
Holding
EXR
+11.68%
3M Return
V
Vestmark Advisory Solutions, Inc.
Holding
EXR
+11.37%
3M Return
S
Stichting Pensioenfonds ABP
Holding
EXR
+11.37%
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 144.31 USD — it has decreased -1.03

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 856.03M USD, increased 4.39

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 1.14 USD, decreased -10.94

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

Extra Space Storage Inc (EXR) has 8393 emplpoyees as of May 31 2026.

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

Today EXR has the market capitalization of 30.49B USD.