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EXR · Extra Space Storage Inc.

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$132.05 -1.44 (-1.08%)
Market Cap
$28.17B
Shares
211.27M
Volume · Sep 30 445.14K Avg daily vol (3M) 1.21M

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$133.49 Open$131.05 Day$130.70–133.94 52W close$126.69–152.85 Avg vol 30d1.3M Short int4.9M · 2.3% float · 3.4d Short vol58% Last earningsJul 29, 2026 DataJan 2020–Sep 2026 Filing10-Q · Jul 31

Up next

Next earnings call
Oct 28, 2026 Est · unconfirmed · in 4 wks
filed Jul 31, 2026
call held Jul 29, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$3.45B
Trailing 12 months
Net income (TTM)
$957.84M
Trailing 12 months
Revenue growth YoY
+3.9%
Year over year
Operating margin
40.9%
Trailing 12 months
P / E (TTM)
29.5
Trailing earnings · reciprocal yield 3.4%
FCF yield
5.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
4.9%
Trailing 12 months
Shares change YoY
+4.0%
Year over year · more shares
Price change (1Y)
-5.6%
Trailing year
Short interest
2.3%
Latest settlement · 3.4 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 29, 2026
Q2 FY26

TL;DR. Extra Space Storage reported Q2 core FFO of $2.15/share, up 4.9% YoY, with same-store revenue up 2.4% and same-store NOI up 3.5%, and raised full-year 2026 core FFO guidance to $8.25–$8.40, lifted same-store revenue guidance by 100 bps and same-store NOI guidance by 200 bps.

Bullish
  • + Raised full-year 2026 core FFO guidance to $8.25–$8.40 from $8.05–$8.35.
  • + Lifted same-store revenue growth guidance by 100 bps to 1%–2% and same-store NOI growth guidance by 200 bps to 0.5%–2.5%.
  • + Q2 same-store NOI accelerated 230 bps to +3.5% on a 2.4% revenue gain and a 0.5% expense decline.
Bearish
  • − Six-month 2026 net income attributable to common stockholders fell 2.5% YoY to $2.39/share due to a 2025 real estate gain not repeating.
  • − Settled New York City claims for $1.7 million to avoid prolonged litigation.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Sell Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol Low
Market backdrop VIX 16 · calm Equity put/call 0.38
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −6%
below
Price vs 50-day avg −7%
below
RSI (14) 38
neutral
MACD trend Negative
52-week position 26%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return −5%
trailing
6-month return −3%
trailing
YTD return +3%
this year
Relative strength −16%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $143 › 200d $142 — 50d above 200d
Institutional flow Accumulating
+5% holders QoQ · +108 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
2.30% of float · ▲ +8.7% MoM · 3.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
805 holders — near 3-yr high, broad support
Squeeze score 53
elevated · 0–100
Fundamentals
Strong
Revenue growth +4%
Y/Y
EPS growth +14%
Y/Y
Valuation P/E 29.5
in line
Buyback $349.0M
remaining
Balance sheet $2.8B
net debt
Quant / Vol
risk profile
Low
Volatility 23%
annualized · 1-yr
Max drawdown −17%
past year
ATR 2.0%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the 8-K filed Jul 28, 2026
Dilution per share from C of O and value add acquisitions · year ending December 31, 2026 Initiated $0.17
Same-store revenue growth · year ending December 31, 2026 Initiated 1% – 2%
Same-store expense growth · year ending December 31, 2026 Initiated 1% – 2%
Weighted average one-month SOFR · year ending December 31, 2026 Initiated 3.73%
Management fees and other income · year ending December 31, 2026 Initiated $139M – $140M
Net tenant reinsurance income · year ending December 31, 2026 Initiated $294M – $296M
Interest income · year ending December 31, 2026 Initiated $153M – $154M
General and administrative expenses · year ending December 31, 2026 Initiated $188M – $189.5M
Equity in earnings of real estate ventures · year ending December 31, 2026 Initiated $63.5M – $64.5M
Interest expense · year ending December 31, 2026 Initiated $595M – $598M
Non-cash interest expense related to amortization of discount on · year ending December 31, 2026 Initiated $44M – $45M
Bridge loans outstanding · year ending December 31, 2026 Initiated $1.48B
Acquisitions · year ending December 31, 2026 Initiated $300M
Income Tax Expense · year ending December 31, 2026 Initiated $48M – $49M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−6% Bearish
Price vs 50-day avg
−7% Bearish
RSI (14)
38 Neutral
MACD trend
Negative Bearish
52-week position
26% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $143 › 200d $142 — 50d above 200d
Institutional flow Accumulating
+5% holders QoQ · +108 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
2.30% of float · ▲ +8.7% MoM · 3.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
805 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $127 Now $133 · 26% Range high $153
vs 200-day avg -6% vs 50-day avg -7%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

REIT - Industrial — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
EXR
Extra Space Storage Inc.
this stock
$28.17B +2.5% +3.7% 29.5 2.3%
PLD
Prologis, Inc.
$124.05B +3.9% +7.2% 33.5 2.0%
PSA
Public Storage
$50.57B +10.1% +2.7% 27.5 3.5%
EGP
Eastgroup Properties Inc
$10.84B +13.8% +12.7% 35.4 5.5%
CUBE
CubeSmart
$8.54B +5.0% +5.3% 26.4 3.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
805
% held
98.0%
Net QoQ
+4.8M sh
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
726
View
Short & Settlement
Short Interest Rising
Shares short
4.9M
Days to cover
3.4d
Change
+389.1K sh
View
Short Volume
Short vol %
58%
As of
Sep 29, 2026
Short Total
View
Fails to Deliver
FTD shares
306
Value
$43.7K
As of
Aug 28, 2026
View
Off-Exchange
Off-exchange %
40.6%
Week of
Aug 24, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Buy
Member
Julia Letlow
Amount
$1.0K–$15.0K
Traded
Feb 12, 2026
View
Financials
Financials
Revenue (FY)
$3.4B
Net income (FY)
$974.0M
EPS diluted
$4.59
View
Buybacks
Authorized
$500.0M
Remaining
$349.0M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 24, 2026
This year
12
View
Proposed Sales
Value
$495.0K
Shares
3.3K
Filed
Jun 11, 2026
View
Earnings & Events
Earnings Calls
Last call
Jul 29, 2026
View
Investor Relations
Latest news
Extra Space Storage Announces Exe…
Published
Aug 24, 2026
View

Performance

5D 20D 120D MTD YTD
EXR -1.1% -5.4% -3.1% -5.4% +2.5%
SPY -1.2% -0.4% +13.1% -0.4% +12.1%
vs SPY +0.1% -5.0% -16.1% -5.0% -9.6%

Capital returns

Latest dividend
$1.62 / share · ex Sep 15, 2026
Raised 165.6%
Paid (TTM)
$6.48 / share · 4 payouts
Dividend yield (TTM, derived)
4.85%
Buyback program · as of Jun 30, 2026
Authorized
$500.00M
Spent (derived)
$150.97M
Remaining
$349.03M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1289490 CUSIP 30225T102 13F (30d) 20 filings 16 filers Visit website Investor relations