Extra Space Storage Elects New Board Members to Enhance Leadership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: Newsfilter
- 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.
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Analyst Views on EXR
Wall Street analysts forecast EXR stock price to rise
11 Analyst Rating
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 147.730
Low
142.00
Averages
152.00
High
178.00
Current: 147.730
Low
142.00
Averages
152.00
High
178.00
About EXR
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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Extra Space Storage to Release Q2 Earnings on July 28, 2026
- Earnings Release Schedule: Extra Space Storage will announce its financial results for the three and six months ended June 30, 2026, after market close on July 28, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: A conference call will be held on July 29, 2026, at 1:00 p.m. ET, hosted by CEO Joe Margolis, where operating performance and recent events will be discussed, enhancing investor understanding of the company's operations.
- Participation Method: Investors can listen to the conference call via the company's investor relations page, with pre-registration available to avoid delays, ensuring analysts can participate in the Q&A session, highlighting the company's emphasis on analyst feedback.
- Access to Earnings Report: The full earnings report and supplemental data will be available immediately after the earnings release on the company's investor relations website, ensuring investors can access key information promptly to support their investment decisions.
See More
Extra Space Storage to Release Q2 Financial Results on July 28, 2026
- Earnings Release Schedule: Extra Space Storage will announce its financial results for the three and six months ended June 30, 2026, after market close on July 28, 2026, which is expected to significantly impact investor sentiment.
- Conference Call Details: A conference call will be held on July 29, 2026, at 1:00 PM ET, hosted by CEO Joe Margolis, where company officers will review operational performance and recent events, enhancing transparency for stakeholders.
- Participation Method: Investors can listen to the conference call via the company's investor relations page, with pre-registration available to receive a special dial-in number, ensuring smooth participation.
- Access to Full Report: The full text of the earnings report and supplemental data will be available immediately after the earnings release on the company's investor relations website, facilitating access to critical information for analysts and investors.
See More
Extra Space Storage Prices $550 Million Senior Notes Offering
- Offering Size: Extra Space Storage Inc. announced the pricing of $550 million in aggregate principal amount of 4.900% senior notes, priced at 99.702% of the principal amount, with the offering expected to close on July 6, 2026, indicating strong demand in the capital markets.
- Use of Proceeds: The net proceeds from this offering will be utilized to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital purposes, including funding potential acquisition opportunities, reflecting the company's proactive growth strategy.
- Market Participants: Wells Fargo, J.P. Morgan, and several other financial institutions are acting as joint book-running managers for the offering, showcasing broad market recognition and confidence in the transaction, which further strengthens the company's market position.
- Company Background: As of March 31, 2026, Extra Space Storage owned and operated 4,344 self-storage facilities across the U.S., providing approximately 335.6 million square feet of rentable space, solidifying its status as the largest self-storage operator in the United States.
See More
Extra Space Storage Prices $550M Public Offering of Senior Notes
- Offering Size: Extra Space Storage LP has announced a public offering of $550 million in senior notes priced at 99.702% of the principal amount, maturing on February 1, 2032, which will provide the company with long-term financing support.
- Use of Proceeds: The net proceeds from this offering will be utilized to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital needs, including funding potential acquisition opportunities, thereby enhancing the company's financial flexibility.
- Underwriting Team: The involvement of prominent financial institutions such as Wells Fargo Securities and J.P. Morgan as joint book-running managers indicates strong market confidence in this debt instrument, likely attracting more investor interest.
- Market Impact: This senior notes offering not only aids in improving the company's capital structure but may also enhance its competitiveness in future acquisitions, further solidifying its market position in the self-storage industry.
See More
Extra Space Storage Prices $550 Million Senior Notes Offering
- Offering Size: Extra Space Storage LP has announced a public offering of $550 million in senior notes priced at 99.702% of the principal amount, maturing in 2032, reflecting the company's strong capital market capabilities.
- Use of Proceeds: The net proceeds from this offering will be used to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital needs, indicating a proactive strategy for business expansion and acquisition opportunities.
- Underwriting Team: The offering is managed by prominent financial institutions including Wells Fargo, J.P. Morgan, and Truist Securities, showcasing market confidence and support for the transaction.
- Market Position: As the largest operator of self-storage properties in the U.S., with 4,344 stores offering approximately 3.0 million units of rentable space, this financing will further solidify Extra Space's leadership position in the market.
See More
Extra Space Storage Releases 2025 Sustainability Report Highlighting Key Achievements
- Renewable Energy Investment: The company invested $30 million in solar installations over the past year, bringing total solar generation to 68.6 GWh, significantly enhancing its clean energy usage and reinforcing its leadership in sustainability.
- Greenhouse Gas Reduction: Achieved a 15% reduction in greenhouse gas emissions per square foot across its portfolio, maintaining a carbon footprint 82% lower than the real estate sector average, which not only meets environmental standards but also enhances the company's image among investors.
- Industry Recognition: Named one of 'America's Climate Leaders' by USA Today and earned an 'A' rating for its GRESB disclosure, showcasing its outstanding performance in environmental responsibility and further enhancing brand credibility.
- Customer Satisfaction: Maintained a 91% overall customer satisfaction score nationwide, reflecting the company's ongoing efforts and success in customer service, which boosts customer loyalty and drives business growth.
See More
Extra Space Storage to Release Q2 Earnings on July 28, 2026
- Earnings Release Schedule: Extra Space Storage will announce its financial results for the three and six months ended June 30, 2026, after market close on July 28, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: A conference call will be held on July 29, 2026, at 1:00 p.m. ET, hosted by CEO Joe Margolis, where operating performance and recent events will be discussed, enhancing investor understanding of the company's operations.
- Participation Method: Investors can listen to the conference call via the company's investor relations page, with pre-registration available to avoid delays, ensuring analysts can participate in the Q&A session, highlighting the company's emphasis on analyst feedback.
- Access to Earnings Report: The full earnings report and supplemental data will be available immediately after the earnings release on the company's investor relations website, ensuring investors can access key information promptly to support their investment decisions.
See More
Extra Space Storage to Release Q2 Financial Results on July 28, 2026
- Earnings Release Schedule: Extra Space Storage will announce its financial results for the three and six months ended June 30, 2026, after market close on July 28, 2026, which is expected to significantly impact investor sentiment.
- Conference Call Details: A conference call will be held on July 29, 2026, at 1:00 PM ET, hosted by CEO Joe Margolis, where company officers will review operational performance and recent events, enhancing transparency for stakeholders.
- Participation Method: Investors can listen to the conference call via the company's investor relations page, with pre-registration available to receive a special dial-in number, ensuring smooth participation.
- Access to Full Report: The full text of the earnings report and supplemental data will be available immediately after the earnings release on the company's investor relations website, facilitating access to critical information for analysts and investors.
See More
Extra Space Storage Prices $550 Million Senior Notes Offering
- Offering Size: Extra Space Storage Inc. announced the pricing of $550 million in aggregate principal amount of 4.900% senior notes, priced at 99.702% of the principal amount, with the offering expected to close on July 6, 2026, indicating strong demand in the capital markets.
- Use of Proceeds: The net proceeds from this offering will be utilized to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital purposes, including funding potential acquisition opportunities, reflecting the company's proactive growth strategy.
- Market Participants: Wells Fargo, J.P. Morgan, and several other financial institutions are acting as joint book-running managers for the offering, showcasing broad market recognition and confidence in the transaction, which further strengthens the company's market position.
- Company Background: As of March 31, 2026, Extra Space Storage owned and operated 4,344 self-storage facilities across the U.S., providing approximately 335.6 million square feet of rentable space, solidifying its status as the largest self-storage operator in the United States.
See More
Extra Space Storage Prices $550M Public Offering of Senior Notes
- Offering Size: Extra Space Storage LP has announced a public offering of $550 million in senior notes priced at 99.702% of the principal amount, maturing on February 1, 2032, which will provide the company with long-term financing support.
- Use of Proceeds: The net proceeds from this offering will be utilized to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital needs, including funding potential acquisition opportunities, thereby enhancing the company's financial flexibility.
- Underwriting Team: The involvement of prominent financial institutions such as Wells Fargo Securities and J.P. Morgan as joint book-running managers indicates strong market confidence in this debt instrument, likely attracting more investor interest.
- Market Impact: This senior notes offering not only aids in improving the company's capital structure but may also enhance its competitiveness in future acquisitions, further solidifying its market position in the self-storage industry.
See More
Extra Space Storage Prices $550 Million Senior Notes Offering
- Offering Size: Extra Space Storage LP has announced a public offering of $550 million in senior notes priced at 99.702% of the principal amount, maturing in 2032, reflecting the company's strong capital market capabilities.
- Use of Proceeds: The net proceeds from this offering will be used to repay outstanding amounts under its lines of credit and commercial paper program, as well as for general corporate and working capital needs, indicating a proactive strategy for business expansion and acquisition opportunities.
- Underwriting Team: The offering is managed by prominent financial institutions including Wells Fargo, J.P. Morgan, and Truist Securities, showcasing market confidence and support for the transaction.
- Market Position: As the largest operator of self-storage properties in the U.S., with 4,344 stores offering approximately 3.0 million units of rentable space, this financing will further solidify Extra Space's leadership position in the market.
See More
Extra Space Storage Releases 2025 Sustainability Report Highlighting Key Achievements
- Renewable Energy Investment: The company invested $30 million in solar installations over the past year, bringing total solar generation to 68.6 GWh, significantly enhancing its clean energy usage and reinforcing its leadership in sustainability.
- Greenhouse Gas Reduction: Achieved a 15% reduction in greenhouse gas emissions per square foot across its portfolio, maintaining a carbon footprint 82% lower than the real estate sector average, which not only meets environmental standards but also enhances the company's image among investors.
- Industry Recognition: Named one of 'America's Climate Leaders' by USA Today and earned an 'A' rating for its GRESB disclosure, showcasing its outstanding performance in environmental responsibility and further enhancing brand credibility.
- Customer Satisfaction: Maintained a 91% overall customer satisfaction score nationwide, reflecting the company's ongoing efforts and success in customer service, which boosts customer loyalty and drives business growth.
See More
