EXR

Extra Space Storage Inc
NYSEREAL ESTATEREIT - INDUSTRIAL

Key Statistics

Market Cap
$30.73B
P/E Ratio
30.74
EPS
$4.53
Beta
1.18
52W High
$158.88
52W Low
$121.45
50-Day MA
$146.45
200-Day MA
$141.35
Dividend Yield
4.60%
Profit Margin
27.30%
Forward P/E
30.67
PEG Ratio
5.80

About Extra Space Storage Inc

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$3.51B
Gross Profit (TTM)$2.63B
EBITDA$2.31B
Operating Margin45.90%
Return on Equity6.95%
Return on Assets3.36%
Revenue/Share (TTM)$16.61
Book Value$62.75
Price-to-Book2.25
Price-to-Sales (TTM)8.75
EV/Revenue12.62
EV/EBITDA17.99
Quarterly Earnings Growth (YoY)6.00%
Quarterly Revenue Growth (YoY)3.80%
Shares Outstanding$211.27M
Float$208.86M
% Insiders0.94%
% Institutions99.88%

Historical Volatility

HV 10-Day
10.01%
HV 20-Day
13.16%
HV 30-Day
16.81%
HV 60-Day
19.66%
HV Rank
1.6%

Volatility is currently contracting

Analyst Ratings

Consensus ($158.50 target)
3
Strong Buy
6
Buy
12
Hold

Latest News

Extra Space Storage Announces Executive Leadership Transition

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.

PRNewsWire8/24/2026Neutral
Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend

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.

PRNewsWire8/19/2026Neutral
APLE vs. EXR: Which Stock Is the Better Value Option?

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Apple Hospitality REIT (APLE) and Extra Space Storage (EXR). But which of these two companies is the best option for those looking for undervalued stocks?

Zacks Investment Research8/19/2026Positive
APLE or EXR: Which Is the Better Value Stock Right Now?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Apple Hospitality REIT (APLE) and Extra Space Storage (EXR). But which of these two stocks offers value investors a better bang for their buck right now?

Zacks Investment Research8/3/2026Neutral
Extra Space Storage Q2 Earnings Call Highlights

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.

MarketBeat7/30/2026Neutral
Extra Space Storage: Solid Fundamentals At A Fair Valuation (Downgrade)

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.

Seeking Alpha7/29/2026Positive
Extra Space Storage Inc. Reports 2026 Second Quarter Results

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.

PRNewsWire7/28/2026Neutral

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Data last updated: 9/8/2026