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

Extra Space Storage (NYSE:EXR) is expected to be issuing 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 $870.9650 million for the quarter. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Investors can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR) last posted 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). The company had revenue of $856.03 million for the quarter, compared to analyst estimates of $851.35 million. Extra Space Storage had a net margin of 27.66% and a return on equity of 6.65%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $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 Stock Performance

Shares of Extra Space Storage stock opened at $147.35 on Tuesday. The company has a 50 day moving average price of $145.36 and a 200 day moving average price of $142.32. The firm has a market capitalization of $31.13 billion, a P/E ratio of 33.04, a PEG ratio of 4.59 and a beta of 1.19. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.93. Extra Space Storage has a 52 week low of $125.71 and a 52 week high of $155.19.

Extra Space Storage Dividend Announcement

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

Insider Activity at Extra Space Storage

In other Extra Space Storage news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction on 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 approximately $5,606,100. This represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXR. Sivia Capital Partners LLC acquired a new position in shares of Extra Space Storage during the 2nd quarter worth about $457,000. Evolve Private Wealth LLC acquired a new stake in Extra Space Storage in the 4th quarter worth about $204,000. Parallel Advisors LLC boosted its holdings in Extra Space Storage by 16.3% in the 4th quarter. Parallel Advisors LLC now owns 1,190 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 167 shares during the last quarter. Vise Technologies Inc. purchased a new stake in Extra Space Storage during the 4th quarter worth approximately $203,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Extra Space Storage by 12.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,712 shares of the real estate investment trust’s stock worth $223,000 after buying an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 99.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EXR shares. Mizuho raised their price target on shares of Extra Space Storage from $150.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Truist Financial boosted their price objective on shares of Extra Space Storage from $140.00 to $148.00 and gave the company a “hold” rating in a report on Wednesday, June 17th. Bank of America raised Extra Space Storage from an “underperform” rating to a “neutral” rating and upped their target price for the company from $147.00 to $156.00 in a research report on Tuesday, June 16th. Barclays raised their target price on Extra Space Storage from $170.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Finally, UBS Group lifted their price target on Extra Space Storage from $158.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $146.27.

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.