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

Extra Space Storage (NYSE:EXR) is expected to be announcing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $1.19 per share and revenue of $890.42 million for the quarter. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. Investors may review the information on 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 data on Tuesday, July 28th. The real estate investment trust reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.09. Extra Space Storage had a return on equity of 6.70% and a net margin of 27.80%. The firm had revenue of $874.15 million during the quarter, compared to the consensus estimate of $874.99 million. During the same period in the previous year, the company posted $2.05 earnings per share. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. 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 Stock Down 1.1%

NYSE:EXR opened at $138.13 on Tuesday. Extra Space Storage has a 1-year low of $125.71 and a 1-year high of $158.88. The company has a 50-day moving average of $138.91 and a 200 day moving average of $142.47. The firm has a market cap of $29.18 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 4.14 and a beta of 1.15. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.56 and a quick ratio of 1.56.

Extra Space Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $1.62 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $6.48 dividend on an annualized basis and a yield of 4.7%. Extra Space Storage’s dividend payout ratio (DPR) is 143.05%.

Analysts Set New Price Targets

Several research firms have recently commented on EXR. The Goldman Sachs Group restated a “neutral” rating and issued a $160.00 price target on shares of Extra Space Storage in a report on Thursday, July 30th. Truist Financial raised shares of Extra Space Storage from a “hold” rating to a “buy” rating and lowered their price target for the stock from $148.00 to $147.00 in a research report on Thursday, October 1st. Weiss Ratings downgraded shares of Extra Space Storage from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, October 6th. Wall Street Zen upgraded shares of Extra Space Storage from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Finally, Scotiabank lifted their price objective on shares of Extra Space Storage from $157.00 to $158.00 and gave the company a “sector perform” rating in a report on Tuesday, August 18th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Extra Space Storage currently has an average 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.