Extra Space Storage Inc.

Informe acción NYSE:EXR

Capitalización de mercado: US$32.0b

Extra Space Storage Resultados de beneficios anteriores

Pasado controles de criterios 2/6

Extrace Storage ha aumentado sus beneficios a una tasa media anual de 5.7%, mientras que los beneficios de la industria de Specialized REITs han experimentado un crecimiento de 8.3% anual. Los ingresos han ido creciendo a una tasa media de 19.9% al año. La rentabilidad financiera de Extrace Storage es de 7%, y sus márgenes netos son de 27.1%.

Información clave

5.68%

Tasa de crecimiento de los beneficios

-7.11%

Tasa de crecimiento del BPA

Crecimiento de la industria Specialized REITs 18.00%
Tasa de crecimiento de los ingresos19.95%
Rentabilidad financiera6.97%
Margen neto27.09%
Última actualización de beneficios31 Mar 2026

Actualizaciones de resultados anteriores recientes

Recent updates

Actualización de narrativa Jun 08

EXR: Earnings Execution And Buybacks Will Balance Sector Demand Risks

Narrative Update The analyst fair value estimate for Extra Space Storage has edged up by about $0.50 to $153.60, reflecting recent Street price target increases into the $150 to $158 range as analysts balance demand risks in self storage with relatively stable margin and P/E assumptions. Analyst Commentary Recent Street research around Extra Space Storage points to an active debate on how to balance self storage demand risks with the stock's current P/E and margin assumptions.
Seeking Alpha May 29

Extra Storage: Underperformance Seems Clear

Summary Extra Space Storage remains a 'Hold' with a $107/share price target, reflecting muted growth prospects and valuation concerns. Expense growth outpacing revenue—6% versus 1.7% YoY—undermines AFFO expansion and challenges bullish expectations for EXR. Occupancy declines, regulatory scrutiny, and limited pricing power signal organic growth headwinds for the company through 2026-2028E. EXR's current valuation near 18.5x P/AFFO is unsupported by projected 1-3% AFFO growth, making a lower entry price essential for attractive returns. Read the full article on Seeking Alpha
Actualización de narrativa May 25

EXR: Mixed Rating Resets And Buybacks Will Shape Future Cash Flow Profile

Analysts have increased the fair value estimate for Extra Space Storage by about $1.30 to $153.05, reflecting updated price targets across the Street and refreshed self storage REIT models following recent Q4 results. Analyst Commentary Recent Street research around Extra Space Storage shows a mixed but generally constructive reset of expectations, with multiple firms refining price targets after Q4 results and model updates for self storage REITs. Bullish Takeaways Bullish analysts are lifting price targets into a range that clusters around the mid to high US$150s, with some outliers above US$160.
Actualización de narrativa Apr 28

EXR: Mixed Rating Shifts And Completed Buyback Will Shape Cash Flow Recovery

Analysts trimmed the blended price target for Extra Space Storage by about $1 to roughly $152, reflecting slightly more cautious assumptions on discount rates, revenue trends, margins and future P/E, even though recent research updates since Q4 have included both price target increases and reductions across the Street. Analyst Commentary Recent research on Extra Space Storage shows a mix of optimism and caution, with several firms adjusting price targets and ratings following Q4 results and updated self-storage REIT models.
Actualización de narrativa Apr 10

EXR: Buyback Completion And Mixed Operating Trends Will Shape Cash Flow Recovery

Analysts kept the fair value estimate for Extra Space Storage steady at $152.85, with a mix of recent target hikes and cuts across firms pointing to differing views on self storage REIT fundamentals, tax impacts, and the pacing of any recovery in operating trends. Analyst Commentary Recent Street research on Extra Space Storage highlights a split view, with several firms lifting price targets and ratings while others turn more cautious and trim targets.
Actualización de narrativa Mar 27

EXR: Buyback And Move In Rates Will Support Cash Flow Recovery

Narrative Update on Extra Space Storage The updated analyst fair value estimate for Extra Space Storage has shifted modestly higher to $152.85 from $152.40. This reflects a mix of recent target increases and reductions as analysts factor in Q4 results, revised self storage REIT models, and differing views on the pace of a revenue recovery.
Actualización de narrativa Mar 13

EXR: Mixed 2026 Storage Views And Modest Buyback Support Fair Outlook

Analysts lifted their fair value estimate for Extra Space Storage by about $1.45 to $152.40, reflecting updated Q4 models and a view that slightly stronger margins and sector level price target revisions support a modestly higher long term valuation. Analyst Commentary Recent Street research on Extra Space Storage reflects a mixed view, with some bullish analysts raising price targets after Q4 updates, while more cautious voices point to slower recovery expectations and valuation constraints within the broader REIT group.
Actualización de narrativa Feb 26

EXR: Mixed 2026 Storage Outlook And Completed Buyback Will Shape Prospects

The analyst price target for Extra Space Storage has shifted slightly higher to about $151 from about $150, as analysts factor in a steady move in rate momentum, modest adjustments to long-term revenue and margin expectations, and updated sector-level views from recent REIT outlooks. Analyst Commentary Recent research on Extra Space Storage shows a mix of optimism and caution, with several firms adjusting price targets and ratings as they update 2026 outlooks for the broader REIT group and the self storage segment specifically.
Actualización de narrativa Feb 11

EXR: Mixed 2026 Outlook And US$600m Venture Will Shape Future Prospects

The analyst price target for Extra Space Storage has been trimmed by about $1 to $149.70, as analysts factor in softer revenue growth assumptions, along with still solid profit margin expectations and only a slight adjustment to forward P/E assumptions. Analyst Commentary Recent research on Extra Space Storage points to a mixed setup, with some firms trimming price targets or ratings while others still see room for upside based on sector trends and company execution.
Actualización de narrativa Jan 28

EXR: Mixed 2026 Outlook And New US$600m Venture Guide Future Prospects

Analysts have trimmed their fair value estimate for Extra Space Storage by about $0.90 to $150.95, reflecting slightly softer revenue growth and margin expectations, even as recent Street research shows a mix of higher and lower price targets tied to revisions in the REIT sector outlook. Analyst Commentary Recent research updates on Extra Space Storage point to a mixed but engaged view from the Street, with several firms recalibrating price targets and ratings as they refine their outlooks for the wider REIT group and the self storage segment in particular.
Actualización de narrativa Jan 12

EXR: Slower Recovery And New Partnership Shape Balanced Future Prospects

The analyst price target for Extra Space Storage has shifted slightly lower to about $151.85 from $154.15, as analysts factor in softer projected revenue growth, a modestly lower profit margin profile, and expectations that its P/E multiple could align more closely with peers following recent sector downgrades and target cuts. Analyst Commentary Recent research reflects a mixed but generally more cautious stance on Extra Space Storage, with target prices trimmed and expectations reset around revenue growth and valuation multiples relative to key peers.
Actualización de narrativa Dec 20

EXR: Reduced Supply Will Drive Future Pricing Power Despite Housing Headwinds

Analysts have nudged their price target for Extra Space Storage slightly lower from $155 to about $154 per share, citing cautious optimism around long term pricing power and margins, while tempering near term growth expectations amid soft fundamentals and a still constrained housing market. Analyst Commentary Recent Street research reflects a cautiously constructive stance on Extra Space Storage, with incremental upward adjustments to price targets but recognition that sustained upside depends on a more supportive macro and housing backdrop.
Actualización de narrativa Dec 06

EXR: Reduced Supply Will Support Future Pricing Power Despite Housing Headwinds

Analysts made a modest downward adjustment to their fair value estimate for Extra Space Storage, trimming the target by about $0.65 per share to reflect slightly softer near term revenue growth expectations, while stable margins and cautious optimism around future pricing power continue to support a constructive longer term outlook. Analyst Commentary Recent Street updates on Extra Space Storage reflect a mix of tempered optimism and lingering macro uncertainty, leading to modest adjustments to price targets but largely unchanged overall ratings.
Actualización de narrativa Nov 22

EXR: Reduced Supply Will Support Pricing Power Amid Housing Recovery Uncertainty

Analysts have slightly lowered their price target for Extra Space Storage by $2.10 to $155.65. This reflects near-term caution on the housing market, but highlights expectations that improved pricing power and resilient profit margins could support gradual growth ahead.
Actualización de narrativa Aug 27

Urbanization Trends And Ancillary Income Will Unlock Future Value

Analysts lowered Extra Space Storage’s price target to $157.80, citing muted near-term growth prospects following weak Q2 results, reduced FFO estimates, and a lack of catalysts, despite a more favorable risk/reward and stabilized fundamentals. Analyst Commentary Bullish analysts note favorable risk/reward profile following year-to-date underperformance and see achievable 2025 outlooks with modest buy-side expectations into 2026.
Seeking Alpha Mar 21

Extra Space Storage: Balancing Company Strength And Industry Weakness

Summary 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 consolidation, driven by institutional capital and private equity funds, making it an attractive investment due to its operational efficiency and resilience. EXR has expanded rapidly, doubling its store count since 2021, and maintains a strong balance sheet with investment-grade ratings, positioning it well for future growth. Despite short-term challenges, EXR's strong fundamentals and strategic management make it a compelling long-term investment, earning it a buy rating. Read the full article on Seeking Alpha
Seeking Alpha Jan 16

Extra Space Storage: Time To Store Some More Shares

Summary Extra Space Storage has underperformed recently, but I believe it offers a reasonable risk/reward ratio and expects growth to resume by 2026 at the latest. The business model is recession-resistant, with increasing demand for self-storage and potential for market consolidation through acquisitions. Rising interest rates have impacted REITs, but Extra Space Storage's occupancy and customer satisfaction remain high, supporting long-term stability. Despite no dividend increase in 2024, the stock is undervalued with a 4.4% yield, making it a buy with solid upside potential. Read the full article on Seeking Alpha
Seeking Alpha Nov 13

Extra Space Storage: Solid All-Weather Value, Set To Move

Summary Storage REITs have kept pace with the REIT average, with Extra Space Storage showing strong growth and a competitive yield in a high-demand sector. EXR's merger with Life Storage has boosted FFO but increased costs, with a modest FFO per share growth forecast and a healthy uptick in occupancy. EXR's balance sheet is strong with solid liquidity, but its dividend yield is below the "no-risk" rate, and the payout ratio is somewhat aggressive. Despite some challenges, EXR is a mild Buy due to its proven resilience, positive revisions, and potential outmigration trends boosting demand in the near term. Read the full article on Seeking Alpha
Seeking Alpha Sep 01

Extra Space, Extra Gains: How Extra Space Storage Is Winning The Dividend Game

Summary I remain bullish on Extra Space Storage due to its strong operational performance, strategic growth through mergers, and consistent dividend payouts, despite industry challenges. EXR's valuation appears fair after a recent rally, so I'm cautious about deploying significant capital at current levels without a meaningful pullback. The Life Storage merger and expansion of third-party managed properties enhance EXR's market position and revenue streams, supporting long-term growth. Current market conditions, including weak consumer sentiment and rising costs, pose risks, but a market correction would be a prime opportunity to increase my position. Read the full article on Seeking Alpha
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Nueva narrativa Aug 20

Life Storage's Critical Moves And Market Challenges Set Stage For Future Revenue Growth

Strategies to increase revenue by closing the rate gap between Life Storage and Extra Space stores, alongside significant occupancy rate improvements, indicate potential for enhanced future earnings.
Seeking Alpha Jul 31

Extra Space Storage: Solid Q2 Results, Buy For REIT Rally

Summary Storage REITs have faced concerns of oversupply and slowdown, but have shown impressive dividend growth in the last 3 years. Extra Space Storage Inc. has demonstrated the fastest dividend growth within the self-storage group, with solid financial results and successful merge with Life Storage. EXR's Q2 report shows solid growth in same-store revenues, rental income, and high occupancy rates, indicating a promising future for the company. FED rate cut and recent REIT rally are the tailwinds for EXR. Read the full article on Seeking Alpha
Seeking Alpha May 17

Extra Space Storage: Results Are Improving, But Rates A Risk (Rating Upgrade)

Summary Extra Space Storage has underperformed in the market due to high interest rates and excess supply challenges in the self-storage industry. The company's recent earnings report showed a decrease in core funds from operations due to margin pressure, but the business may be bottoming. Despite these challenges, Extra Space has seen improvement in occupancy and same-store revenue, and its acquisition of Life Storage is showing progress. Long-term rates do impact EXR shares significantly, and so a further rise in rates would be a headwind for performance. Read the full article on Seeking Alpha
Seeking Alpha May 04

I'm Betting On 5%-Yielding Extra Space Storage To Grow My Wealth

Summary Extra Space Storage is my preferred REIT investment due to its strong performance and ability to deliver long-term value. Despite industry headwinds, EXR has maintained occupancy rates and implemented effective revenue strategies, demonstrating resilience. EXR offers a solid dividend yield of 4.6% and has growth potential in the self-storage industry. Read the full article on Seeking Alpha
Seeking Alpha Apr 02

Extra Space Storage: Oversupply And Reduced Demand Are Taking A Toll

Summary The self-storage sector is oversupplied, resulting in a drop in street rents and a decline in occupancy. Extra Space Storage Inc. is a potential short candidate due to its recent merger at the top of the market and negative growth outlook. The oversupply in the sector is expected to worsen with more supply in the pipeline, leading to increased competition and lower rental rates. Read the full article on Seeking Alpha
Seeking Alpha Mar 04

Extra Space Storage Is A Buy (Technical Analysis)

Summary Extra Space Storage is a high-yielding dividend stock with potential for capital gains. EXR stock has bullish price action and is trading above its upward trending 30-week EMA. Momentum is bullish for both the short term and long term, and volume indicates smart money accumulation. Read the full article on Seeking Alpha
Seeking Alpha Feb 03

Extra Space Storage: Set Up For Great Performance For Years To Come

Summary Extra Space Storage is a leading self-storage operator in the US, offering storage units on a month-to-month basis. The self-storage market is growing and fragmented, with smaller players being potential M&A targets for larger companies. The company currently offers an attractive dividend yield of 4.5% and a change in the FED's speech could serve as a catalyst. Read the full article on Seeking Alpha
Seeking Alpha Jan 23

Why 4.4%-Yielding Extra Space Storage Remains My Favorite REIT

Summary Extra Space Storage has outperformed the S&P 500, returning 25% since November 10, 2022. The rally in EXR's stock price is driven by market expectations of multiple rate cuts by the Federal Reserve. Despite challenges in the self-storage industry, EXR remains strong with a diversified portfolio and a track record of dividend growth. Read the full article on Seeking Alpha
Seeking Alpha Jan 02

Extra Space Storage: An Attractive Entry Point To Capitalize On The Long-Term Growth

Summary Extra Space Storage is a niche player in the self-storage REIT sector, which has historically delivered superior returns compared to other commercial real estate sectors. The market for self-storage is still fragmented, indicating potential for further growth. Extra Space Storage has a strong balance sheet and the ability to access cheap capital, making it an attractive investment in the self-storage asset class. In this article I explain in more detail, why this is a great opportunity to enter EXR now. Read the full article on Seeking Alpha
Seeking Alpha Dec 20

Extra Space Storage: Take Profits After A Rate-Driven Rally

Summary Extra Space Storage shares have rallied 50% in the past two months, bringing them back to the flat line over the past year, aided by the decline in long-term interest rates. The company's adjusted funds from operation fell by 8.6% in Q3, and it will need to generate increased revenue to make its recent acquisition worthwhile. While the self-storage industry has proven its durability, Extra Space is seeing a slowing in new-customer signups and faces challenges with rising expenses. Read the full article on Seeking Alpha

Desglose de ingresos y gastos

Cómo gana y gasta dinero Extra Space Storage. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

NYSE:EXR Ingresos, gastos y beneficios (USD Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
31 Mar 263,4789423140
31 Dec 253,4469723130
30 Sep 253,4229472980
30 Jun 253,3939752890
31 Mar 253,3509112830
31 Dec 243,3248532820
30 Sep 243,3118072890
30 Jun 243,2208022720
31 Mar 242,9168192490
31 Dec 232,6158022230
30 Sep 232,3197901620
30 Jun 232,0668221570
31 Mar 232,0268521540
31 Dec 221,9668591750
30 Sep 221,8849241400
30 Jun 221,7958911320
31 Mar 221,6978271270
31 Dec 211,6108261210
30 Sep 211,5347141270
30 Jun 211,4626411260
31 Mar 211,4075761250
31 Dec 201,3794811250
30 Sep 201,3574371180
30 Jun 201,3494311170
31 Mar 201,3434331150
31 Dec 191,3204191150
30 Sep 191,2924081030
30 Jun 191,2634311000
31 Mar 191,236421990
31 Dec 181,211415970
30 Sep 181,186529960
30 Jun 181,163492960
31 Mar 181,143484960
31 Dec 171,120478930
30 Sep 171,099345910
30 Jun 171,071369910
31 Mar 171,039365900
31 Dec 161,005365910
30 Sep 16970292880
30 Jun 16910245850
31 Mar 16851218810
31 Dec 15795189780
30 Sep 15733225640
30 Jun 15704208630

Ingresos de calidad: EXR tiene ganancias de alta calidad.

Margen de beneficios creciente: Los actuales márgenes de beneficio(27.1%) de EXR son inferiores a los del año pasado (27.2%).


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: Los beneficios de EXR han crecido un 5.7% al año en los últimos 5 años.

Acelerando crecimiento: El crecimiento de los beneficios de EXR en el último año (3.5%) está por debajo de su media de 5 años (5.7% al año).

Beneficios vs. Industria: El crecimiento de los beneficios de EXR en el último año (3.5%) no superó al de la industria Specialized REITs 9%.


Rentabilidad financiera

Alta ROE: La rentabilidad financiera de EXR (7%) se considera baja.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/06/09 09:48
Precio de las acciones al final del día2026/06/09 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Extra Space Storage Inc. está cubierta por 41 analistas. 10 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Richard MilliganBaird
Brendan LynchBarclays
Keegan CarlBerenberg