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Extra Space Storage Inc. (EXR)
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Extra Space Storage Inc. (EXR) Stock Price: $145.33+1.41 (+0.98%)

At close: Jun 18, 2026, 4:00 PM ET

The closing share price for Extra Space Storage Inc. (EXR) stock was $145.33 for Thursday, June 18, 2026, up 0.98% on the day.

Longer view (total return, dividends reinvested): past 12 months +3.9% · 3-year avg +4.5%/yr · 5-year avg +2.2%/yr

EXR Price Chart

End-of-day pricesAdvanced chart →
EXR$145.33 -2.44%(1Y)as of Jun 18, 2026

EXR Funds From Operations (FFO)

Extra Space Storage Inc. is a REIT, so it's valued on FFO/AFFO and price-to-FFO, not GAAP P/E — heavy non-cash property depreciation distorts reported earnings. FFO ≈ net income + real-estate depreciation; AFFO also nets recurring capital expenditure.

Price / FFO
17.9x
Price / AFFO
19.2x
FFO (TTM)
$1.72B
AFFO (TTM)
$1.60B
FFO / Share
$8.14
AFFO / Share
$7.57

EXR Earnings Preview

Next Earnings Date

Jul 29, 2026

38 days away

EPS Estimate

1.16

Revenue Est.

$864.93M

Last Quarter Results

EPS

$1.14

vs Estimate

$1.10

Beat

Revenue

$856.03M

vs Estimate

$851.35M

Met

EXR Analyst Ratings

Consensus Rating

Buy

Based on 20 analysts

Strong Buy
3
Buy
6
Hold
12
Sell
0
Strong Sell
0

Average Price Target

$155.70

+7.1% upside

Low

$140.00

Current

$145.33

High

$178.00

EXR Analyst Estimates

Forward P/E: 29.93

Earnings Per Share (EPS) Estimates

Quarterly

PeriodAvg# Analysts
Q1 2027$1.142
Q2 2027$1.211
Q3 2027$1.241
Q4 2027$1.232

Annual

PeriodAvg# Analysts
FY 2027$4.867
FY 2028$5.146

Revenue Estimates

Quarterly

PeriodAvg# Analysts
Q1 2027$883.14M3
Q2 2027$901.46M2
Q3 2027$916.51M2
Q4 2027$913.61M3

Annual

PeriodAvg# Analysts
FY 2027$3.58B5
FY 2028$3.70B2

Source: FMP Analyst Consensus Estimates. Forward P/E uses the next-fiscal-year consensus EPS estimate (the same value shown in the Key Metrics strip).

EXR Competitors' Key Metrics

StockMarket CapTTM Total ReturnCompare
1EXR$30.70B+3.89%
2VICI$28.30B-13.47%vs EXR
3CCI$35.81B-13.47%vs EXR
4AVB$25.16B-10.82%vs EXR
5VTR$39.68B+33.72%vs EXR
6SBAC$19.82B-16.23%vs EXR

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT
8,012 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Joseph Daniel Margolis