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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
148.950
Open
148.950
VWAP
146.68
Vol
716.35K
Mkt Cap
30.87B
Low
144.940
Amount
105.07M
EV/EBITDA(TTM)
29.20
Total Shares
211.26M
EV
45.46B
EV/OCF(TTM)
24.46
P/S(TTM)
9.46
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)
2026-04-28
16:30:00
Extra Space Storage Reaffirms FY26 Core FFO View $8.05-$8.35
select

News

PRnewswire
9.5
06-30PRnewswire
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.
Newsfilter
9.5
06-30Newsfilter
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.
Newsfilter
8.5
06-24Newsfilter
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.
seekingalpha
8.5
06-24seekingalpha
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.
PRnewswire
8.5
06-24PRnewswire
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.
Newsfilter
8.5
06-23Newsfilter
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.
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
Evercore ISI
In Line
maintain
$151 -> $149
AI Analysis
2026-07-06
New
Reason
Evercore ISI
Price Target
$151 -> $149
AI Analysis
2026-07-06
New
maintain
In Line
Reason
Evercore ISI lowered the firm's price target on Extra Space Storage to $149 from $151 and keeps an In Line rating on the shares. Storage REITs have shown impressive performance this year, outperforming broader REITs by 320 basis points through June, the analyst tells investors in a research note. The firm added that while a growth inflection is expected in 2027 in theh space, recent adjustments reflect a cautious outlook for core growth.
Truist
Michael Lewis
Hold
maintain
$140 -> $148
2026-06-18
Reason
Truist
Michael Lewis
Price Target
$140 -> $148
2026-06-18
maintain
Hold
Reason
Truist analyst Michael Lewis raised the firm's price target on Extra Space Storage to $148 from $140 and keeps a Hold rating on the shares. The firm's adjusted model calls for "relatively steady" FFO and a 5.5% total return, the analyst tells investors in a research note.
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 (Maryland) (EXR.N) is 34.13, compared to its 5-year average forward P/E of 31.40. For a more detailed relative valuation and DCF analysis to assess Extra Space Storage Inc (Maryland)'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
31.40
Current PE
34.13
Overvalued PE
35.83
Undervalued PE
26.97

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
19.62
Current EV/EBITDA
22.24
Overvalued EV/EBITDA
22.98
Undervalued EV/EBITDA
16.25

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
11.97
Current PS
10.51
Overvalued PS
14.84
Undervalued PS
9.11

Financials

AI Analysis
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Whales Holding EXR

A
Argent Capital Management LLC
Holding
EXR
+11.47%
3M Return
S
Security Capital Research & Management Incorporated
Holding
EXR
+10.02%
3M Return
P
Principal Global Investors, LLC
Holding
EXR
+9.85%
3M Return
N
Nan Shan Life Insurance Co., Ltd.
Holding
EXR
+9.06%
3M Return
S
Stichting Pensioenfonds ABP
Holding
EXR
+8.89%
3M Return
V
Vestmark Advisory Solutions, Inc.
Holding
EXR
+8.75%
3M Return

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Frequently Asked Questions

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

The current price of EXR is 146.14 USD — it has decreased -2.14

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

Extra Space Storage Inc (Maryland) revenue for the last quarter amounts to 856.03M USD, increased 4.39

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

Extra Space Storage Inc (Maryland). EPS for the last quarter amounts to 1.14 USD, decreased -10.94

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

Extra Space Storage Inc (Maryland) (EXR) has 8393 emplpoyees as of July 07 2026.

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

Today EXR has the market capitalization of 30.87B USD.