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

Extra Space Storage (NYSE:EXR) is projected to announce its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Extra Space Storage to announce earnings of $1.19 per share and revenue of $886.61 million for the quarter. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.09. The company had revenue of $874.15 million during the quarter, compared to analysts’ expectations of $874.99 million. Extra Space Storage had a net margin of 27.80% and a return on equity of 6.70%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.05 earnings per share. On average, analysts expect Extra Space Storage to post $8.34 EPS for the current fiscal year and $8.55 EPS for the next fiscal year.

Extra Space Storage Trading Up 0.1%

Shares of NYSE:EXR opened at $143.57 on Monday. The company has a market cap of $30.33 billion, a P/E ratio of 31.69, a P/E/G ratio of 4.25 and a beta of 1.15. The stock’s 50-day moving average is $138.45 and its 200-day moving average is $142.70. Extra Space Storage has a 52-week low of $125.71 and a 52-week high of $158.88. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.56 and a current ratio of 1.56.

Extra Space Storage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 15th. Extra Space Storage’s payout ratio is currently 143.05%.

Analysts Set New Price Targets

EXR has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their target price on Extra Space Storage from $153.00 to $157.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Raymond James Financial began coverage on Extra Space Storage in a report on Thursday, July 16th. They set an “outperform” rating and a $44.00 price target for the company. Wells Fargo & Company cut their price target on Extra Space Storage from $158.00 to $157.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. Scotiabank boosted their target price on shares of Extra Space Storage from $157.00 to $158.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 18th. Finally, Barclays boosted their target price on shares of Extra Space Storage from $170.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Extra Space Storage currently has a consensus rating of “Moderate Buy” and an average price target of $148.67.

About Extra Space Storage

Extra Space Storage Inc is a real estate investment trust that owns, operates, manages and develops self-storage properties in the United States. The company provides storage units for residential, business and vehicle-storage customers, with facilities offering a range of unit sizes and access options.

In addition to operating properties under the Extra Space Storage brand, the company provides third-party property management, acquisition and development services for self-storage owners.