Extra Space Storage (EXR) Expected to Announce Earnings on Tuesday

Extra Space Storage (NYSE:EXR) is expected to be posting its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to post 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 summary 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 for the quarter, missing the consensus estimate of $2.01 by ($0.87). The business had revenue of $856.03 million during the quarter, compared to analysts’ expectations of $851.35 million. Extra Space Storage had a return on equity of 6.65% and a net margin of 27.66%.The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 EPS. 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 EXR stock opened at $147.77 on Monday. The firm has a market cap of $31.22 billion, a P/E ratio of 33.13, a P/E/G ratio of 4.57 and a beta of 1.19. Extra Space Storage has a fifty-two week low of $125.71 and a fifty-two week high of $155.19. The business’s 50 day moving average price is $145.72 and its 200-day moving average price is $142.75. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.37 and a current ratio of 0.37.

Extra Space Storage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, June 15th. Extra Space Storage’s dividend payout ratio is currently 145.29%.

Insider Buying and Selling at Extra Space Storage

In other 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 sale, the executive vice president directly owned 37,374 shares of the company’s stock, valued at $5,606,100. This represents a 8.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.96% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Extra Space Storage

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its stake in shares of Extra Space Storage by 9.3% during the first quarter. NewEdge Advisors LLC now owns 3,409 shares of the real estate investment trust’s stock valued at $506,000 after purchasing an additional 291 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Extra Space Storage by 15.5% in the 1st quarter. Empowered Funds LLC now owns 4,912 shares of the real estate investment trust’s stock worth $729,000 after purchasing an additional 661 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Extra Space Storage in the 2nd quarter worth approximately $457,000. First Trust Advisors LP grew its stake in shares of Extra Space Storage by 184.1% in the 2nd quarter. First Trust Advisors LP now owns 108,205 shares of the real estate investment trust’s stock worth $15,954,000 after buying an additional 70,115 shares during the last quarter. Finally, Brown Advisory Inc. grew its stake in shares of Extra Space Storage by 1.8% in the 2nd quarter. Brown Advisory Inc. now owns 4,431 shares of the real estate investment trust’s stock worth $653,000 after buying an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 99.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wells Fargo & Company raised their price target on Extra Space Storage from $154.00 to $158.00 and gave the stock an “overweight” rating in a research note on Friday. Wall Street Zen raised shares of Extra Space Storage from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings restated a “hold (c)” rating on shares of Extra Space Storage in a report on Friday, July 17th. Bank of America raised shares of Extra Space Storage from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $147.00 to $156.00 in a research report on Tuesday, June 16th. Finally, UBS Group lifted their target price on shares of Extra Space Storage from $158.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $146.53.

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.