Extra Space Storage (EXR) Projected to Post Quarterly Earnings on Tuesday

Extra Space Storage (NYSE:EXR) will likely be announcing its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $850.3980 million for the quarter. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.05. Extra Space Storage had a return on equity of 6.79% and a net margin of 28.84%.The firm had revenue of $857.47 million for the quarter, compared to the consensus estimate of $732.92 million. During the same quarter in the previous year, the business earned $2.03 EPS. The company’s revenue was up 4.3% compared to the same quarter last year. On average, analysts expect Extra Space Storage to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Extra Space Storage Price Performance

Shares of NYSE EXR opened at $142.10 on Friday. Extra Space Storage has a twelve month low of $125.71 and a twelve month high of $155.19. The stock’s 50 day moving average price is $140.92 and its 200-day moving average price is $138.56. The company has a market capitalization of $30.01 billion, a PE ratio of 30.89, a PEG ratio of 2.86 and a beta of 1.26. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.92.

Extra Space Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, March 16th. Extra Space Storage’s payout ratio is presently 140.87%.

Insider Activity at Extra Space Storage

In related news, CEO Joseph D. Margolis sold 7,500 shares of Extra Space Storage stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $142.08, for a total value of $1,065,600.00. Following the sale, the chief executive officer owned 66,495 shares of the company’s stock, valued at approximately $9,447,609.60. The trade was a 10.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Extra Space Storage

A number of hedge funds have recently modified their holdings of EXR. NewEdge Advisors LLC raised its holdings in Extra Space Storage by 9.3% during the 1st quarter. NewEdge Advisors LLC now owns 3,409 shares of the real estate investment trust’s stock valued at $506,000 after acquiring an additional 291 shares during the period. Empowered Funds LLC raised its holdings in Extra Space Storage by 15.5% during the 1st quarter. Empowered Funds LLC now owns 4,912 shares of the real estate investment trust’s stock valued at $729,000 after acquiring an additional 661 shares during the period. Sivia Capital Partners LLC bought a new stake in Extra Space Storage during the 2nd quarter valued at $457,000. First Trust Advisors LP raised its holdings in Extra Space Storage by 184.1% during the 2nd quarter. First Trust Advisors LP now owns 108,205 shares of the real estate investment trust’s stock valued at $15,954,000 after acquiring an additional 70,115 shares during the period. Finally, Brown Advisory Inc. raised its holdings in Extra Space Storage by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 4,431 shares of the real estate investment trust’s stock valued at $653,000 after acquiring an additional 80 shares during the period. Institutional investors own 99.11% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on EXR. Truist Financial boosted their target price on Extra Space Storage from $142.00 to $146.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada lifted their price target on shares of Extra Space Storage from $142.00 to $153.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. Mizuho lifted their price target on shares of Extra Space Storage from $137.00 to $143.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. UBS Group lowered their price target on shares of Extra Space Storage from $156.00 to $148.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Finally, Scotiabank lifted their price target on shares of Extra Space Storage from $145.00 to $156.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $143.67.

Extra Space Storage Company Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.