Extra Space Storage Inc. (EXR)

NYSE: EXR · Real-Time Price · USD
145.86
+0.21 (0.14%)
At close: Jun 27, 2025, 4:00 PM
145.86
0.00 (0.00%)
After-hours: Jun 27, 2025, 7:00 PM EDT
0.14%
Market Cap 32.32B
Revenue (ttm) 3.36B
Net Income (ttm) 910.89M
Shares Out 221.59M
EPS (ttm) 4.26
PE Ratio 34.38
Forward PE 31.59
Dividend $6.48 (4.38%)
Ex-Dividend Date Jun 16, 2025
Volume 1,433,768
Open 146.00
Previous Close 145.65
Day's Range 145.27 - 148.01
52-Week Range 121.03 - 184.87
Beta 1.13
Analysts Buy
Price Target 161.00 (+10.38%)
Earnings Date Jul 29, 2025

About EXR

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of March 31, 2025, the Company owned and/or operated 4,099 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 315.0 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat st... [Read more]

Sector Real Estate
IPO Date Aug 12, 2004
Employees 8,012
Stock Exchange NYSE
Ticker Symbol EXR
Full Company Profile

Financial Performance

In 2024, Extra Space Storage's revenue was $3.34 billion, an increase of 27.64% compared to the previous year's $2.62 billion. Earnings were $853.19 million, an increase of 6.39%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for EXR stock is "Buy." The 12-month stock price forecast is $161.0, which is an increase of 10.38% from the latest price.

Price Target
$161.0
(10.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Extra Space Storage: Extra Space To Run Up

I initiate coverage on Extra Space Storage with a buy and overweight rating due to its strong industry and sector positioning and impressive underlying valuation prospects. Despite recent underperform...

1 day ago - Seeking Alpha

Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2025 Results

SALT LAKE CITY , June 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2025, ...

3 days ago - PRNewsWire

REITs: Unloved, Unwanted, Undervalued

REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by frustratingly persistent interest rate headwinds and historic underperformance, the venue halls were agai...

Other symbols: AHRAMTBBREDOCDRNDRVEQR
17 days ago - Seeking Alpha

AI Is Reshaping Real Estate - 3 REIT Sectors Set To Win Big

AI will significantly disrupt the world economy and most investments. Some property sectors will suffer, while others will benefit. We present the three biggest hidden winners.

Other symbols: AREEGP
17 days ago - Seeking Alpha

Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage

Extra Space Storage Inc. is the leading self storage REIT with a consistent history of paying rising dividends. EXR outperforms peers Public Storage and CubeSmart on five-year dividend growth rate, an...

4 weeks ago - Seeking Alpha

REITs: The Riches Are In The Niches

REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong ...

Other symbols: ADCAMTBXCATOCPTDGDLR
4 weeks ago - Seeking Alpha

Extra Space Storage May Be Nearing An Inflection (Rating Upgrade)

I am upgrading Extra Space Storage to a 'buy' as industry supply pressures ease and business fundamentals show signs of turning the corner. EXR's leading market position, solid balance sheet, and secu...

5 weeks ago - Seeking Alpha

Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend

SALT LAKE CITY , May 22, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2025 dividend of ...

5 weeks ago - PRNewsWire

Extra Space Storage Announces Executive Leadership Transition

Scott Stubbs to Retire as Chief Financial Officer, to be Succeeded by Jeff Norman, Senior Vice President of Capital Markets and Treasury, Effective July 1, 2025 SALT LAKE CITY , May 19, 2025 /PRNewswi...

5 weeks ago - PRNewsWire

3 Great REITs For Buy-And-Hold Investors

Some REITs are truly exceptional. They consistently outperform the market. I highlight three such exceptional REITs to buy and hold "forever".

Other symbols: CUBEPSA
6 weeks ago - Seeking Alpha

Scale Has Its Advantages: 3 A-Rated REIT Monopolies

Scale is a critical competitive advantage for companies, enabling them to expand, attract capital, and achieve strong market positions, as seen with Realty Income, Prologis, and Public Storage. Realty...

Other symbols: AAMTDLRMAAOPLDPSA
6 weeks ago - Seeking Alpha

Recession? Buy These 2 Dividend Growers While They Are Cheap

Despite recession fears and shaky GDP, I'm not panicking. Strong earnings and resilient fundamentals still offer plenty of opportunities for long-term investors. In times of trade turmoil and rising u...

Other symbols: CP
7 weeks ago - Seeking Alpha

Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript

Extra Space Storage Inc. (NYSE:EXR) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Jared Conley - VP, IR Joe Margolis - CEO Scott Stubbs - CFO Conference Call Partici...

2 months ago - Seeking Alpha

Extra Space Storage Inc. Reports 2025 First Quarter Results

SALT LAKE CITY , April 29, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of ...

2 months ago - PRNewsWire

3 Never-Sell Dividend Gems I Expect To Easily Beat The Market

Market sentiment flipped fast, as tariffs, recession fears, and shaky data have investors rattled, but I think panic has gone way too far. Despite fear, I'm sticking to my strategy: buy great companie...

Other symbols: CATDE
2 months ago - Seeking Alpha

REITs Could Be Poised To Outperform Market in an Uncertain Economic Climate, UBS Says

Real estate investment trusts (REITs) have outperformed the broader market and could maintain their edge in an uncertain economic environment, UBS analysts said Wednesday.

Other symbols: ELSUDR
2 months ago - Investopedia

Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2025 Results

SALT LAKE CITY , March 31, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months ended March 31, 2025 on Tues...

3 months ago - PRNewsWire

State Of REITs: The 'Dark Age' Is Over

While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu...

3 months ago - Seeking Alpha

Extra Space Storage: Balancing Company Strength And Industry Weakness

Extra Space Storage is a resilient REIT in the self-storage sector, showing long-term growth despite recent industry challenges and a stagnant dividend. The self-storage industry is experiencing conso...

3 months ago - Seeking Alpha

Losers Of REIT Earnings Season

In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...

3 months ago - Seeking Alpha

Extra Space Announces Pricing of $500 Million of 5.400% Senior Notes due 2035

SALT LAKE CITY , March 10, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S...

3 months ago - PRNewsWire

Extra Space Storage Celebrates 4,000 Stores Milestone

SALT LAKE CITY , March 5, 2025 /PRNewswire/ -- Extra Space Storage, Inc., (NYSE:EXR) the largest operator of self storage properties in the U.S., announced a significant milestone for the company as t...

4 months ago - PRNewsWire

Extra Space Storage Inc. (EXR) Q4 2024 Earnings Call Transcript

Extra Space Storage Inc. (NYSE:EXR) Q4 2024 Earnings Conference Call February 26, 2025 1:00 PM ET Company Participants Jared Conley - Vice President, Investor Relations Joe Margolis - Chief Executive...

4 months ago - Seeking Alpha

Extra Space Storage Inc. Reports 2024 Fourth Quarter and Year-End Results

SALT LAKE CITY , Feb. 25, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of t...

4 months ago - PRNewsWire

Extra Space Storage Inc. Announces 1st Quarter 2025 Dividend

SALT LAKE CITY , Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a first quarter 2025 dividend of ...

4 months ago - PRNewsWire