
Extra Space Storage (EXR) reported earnings 30 days ago. What's next for the stock?
Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.
| Revenue (TTM) | $3.51B |
| Gross Profit (TTM) | $2.63B |
| EBITDA | $2.31B |
| Operating Margin | 45.90% |
| Return on Equity | 6.95% |
| Return on Assets | 3.36% |
| Revenue/Share (TTM) | $16.61 |
| Book Value | $62.75 |
| Price-to-Book | 2.25 |
| Price-to-Sales (TTM) | 8.75 |
| EV/Revenue | 12.62 |
| EV/EBITDA | 17.99 |
| Quarterly Earnings Growth (YoY) | 6.00% |
| Quarterly Revenue Growth (YoY) | 3.80% |
| Shares Outstanding | $211.27M |
| Float | $208.86M |
| % Insiders | 0.94% |
| % Institutions | 99.88% |
Volatility is currently contracting

Extra Space Storage (EXR) reported earnings 30 days ago. What's next for the stock?

Joe Margolis to Retire; Noah Springer to Become Extra Space Storage's Chief Executive Officer Effective January 1, 2027 SALT LAKE CITY, Aug. 24, 2026 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company") today announced that Noah Springer, President, will become the Company's next chief executive officer, effective January 1, 2027. Current CEO Joe Margolis, will retire at the end of the year and serve as an adviser to Extra Space Storage's Board of Directors.

SALT LAKE CITY, Aug. 19, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2025, to stockholders of record at the close of business on September 15, 2025.

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Extra Space Storage NYSE: EXR reported second-quarter core funds from operations, or FFO, of $2.15 per share, up 4.9% from a year earlier, as same-store revenue growth accelerated and expenses declined modestly. Management said the company's operating results exceeded its internal forecasts, prompting it to raise full-year guidance.

Extra Space Storage's Q2 results top estimates as stronger same-store NOI and lower same-store expenses fuel growth, while higher 2026 guidance signals improving momentum.

Extra Space Storage is now rated 'hold' as shares approach fair value after a solid run since January. Core FFO guidance was raised to $8.25–$8.40, with NOI growth driven by moderating supply and improving rental rates. EXR maintains a secure 4.3% dividend yield, supported by a strong balance sheet and ongoing deleveraging post-Life Storage acquisition.

SALT LAKE CITY, July 28, 2026 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500 index, announced operating results for the three and six months ended June 30, 2026. Highlights for the three months ended June 30, 2026: Achieved net income attributable to common stockholders of $1.25 per diluted share, representing a 5.9% increase compared to the same period in the prior year.

EXR heads into Q2 earnings with revenue growth expected, but intense competition could pressure pricing and temper results.
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