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

Extra Space Storage (NYSE:EXR) is anticipated to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect Extra Space Storage to announce earnings of $1.16 per share and revenue of $874.9880 million for the quarter. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.87). Extra Space Storage had a net margin of 27.66% and a return on equity of 6.65%. The business had revenue of $856.03 million during the quarter, compared to the consensus estimate of $851.35 million. During the same quarter in the prior year, the company earned $2.00 EPS. Extra Space Storage’s quarterly revenue was up 4.4% on a year-over-year basis. 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 Trading Up 1.6%

EXR stock opened at $147.77 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.37 and a quick ratio of 0.37. The company has a fifty day moving average price of $145.72 and a two-hundred day moving average price of $142.67. Extra Space Storage has a one year low of $125.71 and a one year high of $155.19. The stock has a market cap of $31.22 billion, a price-to-earnings ratio of 33.13, a price-to-earnings-growth ratio of 4.57 and a beta of 1.19.

Extra Space Storage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $1.62 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $6.48 annualized dividend and a dividend yield of 4.4%. Extra Space Storage’s dividend payout ratio is presently 145.29%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EXR shares. Wells Fargo & Company raised their target price on shares of Extra Space Storage from $154.00 to $158.00 and gave the stock an “overweight” rating in a research note on Friday. Bank of America raised shares of Extra Space Storage from an “underperform” rating to a “neutral” rating and increased their price target for the company from $147.00 to $156.00 in a report on Tuesday, June 16th. Raymond James Financial initiated coverage on shares of Extra Space Storage in a research report on Thursday, July 16th. They set an “outperform” rating and a $44.00 price objective for the company. Mizuho boosted their price objective on Extra Space Storage from $150.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen upgraded Extra Space Storage from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $146.53.

Insider Activity

In related news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $150.00, for a total value of $495,000.00. Following the transaction, the executive vice president directly owned 37,374 shares in the company, valued at approximately $5,606,100. This represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.96% of the company’s stock.

Institutional Trading of Extra Space Storage

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sivia Capital Partners LLC acquired a new position in shares of Extra Space Storage during the 2nd quarter worth approximately $457,000. Flow Traders U.S. LLC acquired a new stake in shares of Extra Space Storage in the third quarter valued at approximately $253,000. Aptus Capital Advisors LLC raised its position in shares of Extra Space Storage by 7.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $239,000 after buying an additional 123 shares in the last quarter. First Citizens Bank & Trust Co. boosted its stake in shares of Extra Space Storage by 6.4% in the fourth quarter. First Citizens Bank & Trust Co. now owns 1,816 shares of the real estate investment trust’s stock valued at $236,000 after buying an additional 109 shares during the period. Finally, Parvin Asset Management LLC boosted its stake in shares of Extra Space Storage by 46.3% in the third quarter. Parvin Asset Management LLC now owns 1,581 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 99.11% of the company’s stock.

About Extra Space Storage

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.