Where it trades today
trading 33% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Financing conditions, occupancy, and asset repricing are the main levers behind upside or downside from here.
- EXR is valued near its sector range at 30.2x earnings versus 35.0x for peers, so the next move likely needs a real earnings or guidance catalyst.
- EXR carries a beta of 1.18, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- EXR remains in a bearish short-term trend and sits 14.0% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- EXR is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as PLD, EQIX start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for EXR come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Real Estate so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as PLD, EQIX.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for EXR. Last refresh: Sep 21, 2026, 11:46 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as PLD, EQIX.
What Extra Space Storage does
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 June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 341.0 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 storage, RV storage, and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was…
Employees
8,393
Industry
REIT - Industrial
Headquarters
Salt Lake City, United States
What analysts expect
EXR carries a buy consensus from 20 analysts, with an average price target of $158.80 versus $136.71 today (+16.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
EXR generated $3.51B in trailing revenue (3.8% year over year), with a 27.3% net margin, and $1.50B of free cash flow, against $13.72B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $3.38B | $2.39B | $1.49B | $974.00M | $4.59 | $1.83B |
| 2024 | $3.26B | $2.35B | $1.40B | $854.68M | $4.03 | $1.87B |
| 2023 | $2.56B | $1.89B | $1.24B | $803.20M | $4.74 | $1.39B |
| 2022 | $1.92B | $1.46B | $1.04B | $860.69M | $6.41 | $1.22B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in real estate
REITs and real estate companies offering income through property investments.
The companies it competes with
EXR beside the real estate names it is usually measured against.
What the chart is saying
Extra Space Storage trades at $136.71, 14.0% below its 52-week high. With a beta of 1.18, it shows about average sensitivity to what the wider market does.
Questions people ask about it
Is EXR a good buy right now?
Extra Space Storage trades at 30.2x earnings. This is above market average, reflecting growth expectations. Current risk level is Medium based on 17.1% volatility.
Does EXR pay dividends?
Yes, Extra Space Storage offers a dividend yield of 4.74%. That is roughly $6.48 per share a year.
How volatile is EXR?
With 30-day annualized volatility of 17.1% and beta of 1.18, EXR is classified as Medium risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for EXR?
The average analyst price target for Extra Space Storage (EXR) is $158.80 based on 20 analyst estimates, about 16.2% above the current price of $136.71. The published range runs from $140.00 to $178.00.
How much revenue does EXR generate?
Extra Space Storage reported $3.51B in trailing twelve-month revenue. Revenue growth is running at 3.8% year over year. Net margin sits at 27.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare EXR with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.