Extra Space Storage (EXR) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Extra Space Storage (NYSE: EXR):

• 7/30/2026 – Extra Space Storage had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $160.00 price target on the stock.
• 7/30/2026 – Extra Space Storage had its price target raised by Royal Bank Of Canada from $153.00 to $157.00. They now have a “sector perform” rating on the stock.
• 7/24/2026 – Extra Space Storage had its price target raised by Wells Fargo & Company from $154.00 to $158.00. They now have an “overweight” rating on the stock.
• 7/18/2026 – Extra Space Storage was upgraded by Wall Street Zen from “sell” to “hold”.
• 7/17/2026 – Extra Space Storage had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/16/2026 – Extra Space Storage is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $44.00 price target on the stock.
• 7/15/2026 – Extra Space Storage was upgraded by Raymond James Financial, Inc. to “moderate buy”.
• 7/10/2026 – Extra Space Storage had its price target raised by UBS Group AG from $158.00 to $163.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Extra Space Storage had its price target raised by Barclays PLC from $170.00 to $172.00. They now have an “overweight” rating on the stock.
• 6/17/2026 – Extra Space Storage had its price target raised by Truist Financial Corporation from $140.00 to $148.00. They now have a “hold” rating on the stock.
• 6/16/2026 – Extra Space Storage was upgraded by Bank of America Corporation from “underperform” to “neutral”. They now have a $156.00 price target on the stock, up from $147.00.
• 6/13/2026 – Extra Space Storage was downgraded by Wall Street Zen from “hold” to “sell”.
• 6/1/2026 – Extra Space Storage had its price target raised by Wells Fargo & Company from $148.00 to $154.00. They now have an “overweight” rating on the stock.

Extra Space Storage Dividend Announcement

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

Insider Buying and Selling

In other Extra Space Storage news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $150.00, for a total value of $495,000.00. Following the transaction, the executive vice president 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.96% of the company’s stock.

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.