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Extra Space Storage (EXR) Stock News

EXR NYSE

Welcome to our dedicated page for Extra Space Storage news (Ticker: EXR), a resource for investors and traders seeking the latest updates and insights on Extra Space Storage stock.

Extra Space Storage Inc. reports news as a self-administered and self-managed REIT focused on self-storage properties in the United States. The company owns, operates and manages stores under the Extra Space brand, including storage units for personal use, boat storage, RV storage and business storage.

Recurring company updates include quarterly and annual operating results, FFO and Core FFO reconciliations, same-store revenue and expense metrics, dividend declarations and tax reporting for distributions. News also covers portfolio activity, third-party management, joint ventures, and governance or leadership changes tied to its REIT structure.

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Extra Space Storage (NYSE: EXR) reported Q2 2026 net income attributable to common stockholders of $1.25 per diluted share, up 5.9% year over year. FFO was $2.07 per diluted share and Core FFO was $2.15, a 4.9% increase. Same-store revenue rose 2.4%, expenses declined 0.5%, and same-store NOI grew 3.5%, with ending same-store occupancy at 94.2%.

For the first half of 2026, Core FFO per diluted share increased 3.5% to $4.19, while net income per diluted share declined 2.5% due to a prior-year gain on asset sales. The company invested $103.2 million in operating stores year to date, originated $146.1 million in bridge loans, managed 2,373 stores, issued $550 million of 4.90% senior notes due 2032, and paid a Q2 dividend of $1.62 per share. Management raised 2026 Core FFO guidance to a range of $8.25–$8.40 per diluted share and improved same-store NOI growth assumptions.

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Extra Space Storage (NYSE: EXR) will release financial results for the three and six months ended June 30, 2026, after market close on Tuesday, July 28, 2026. A conference call to discuss results is scheduled for 1:00 p.m. ET on Wednesday, July 29, 2026, with webcast and replay available via the company’s investor relations website.

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Extra Space (NYSE:EXR) priced a public offering of $550 million aggregate principal amount of 4.900% senior notes due 2032 at 99.702% of principal. The notes mature on February 1, 2032 and are expected to close around July 6, 2026, subject to customary conditions.

The notes will be fully and unconditionally guaranteed by Extra Space and certain subsidiaries. According to the company, net proceeds will repay amounts outstanding under lines of credit and the commercial paper program, and support general corporate and working capital purposes, including potential acquisitions.

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Extra Space Storage (NYSE: EXR) released its 2025 sustainability report, closing its 2018–2025 goal cycle and setting new 2030 targets. Key metrics include $30 million invested in solar, generating 68.6 GWh, and a 15% reduction in GHG emissions per square foot.

The company reports an emissions footprint 82% below the real estate sector average, recognition as one of “America’s Climate Leaders,” an “A” GRESB rating, a 4.2/5 Glassdoor score, and 91% customer satisfaction across 4,344 stores and 335.6 million square feet.

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Extra Space Storage (NYSE:EXR) announced the election of Crystal Call Maggelet and RJ Pittman to its board at the May 14, 2026 annual meeting. Maggelet adds multi-unit retail and real estate expertise, while Pittman brings AI, data science, and digital transformation experience.

Nine of ten directors are independent, and five joined in the last five years, highlighting ongoing board refreshment and diverse skill sets.

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Extra Space Storage (NYSE: EXR) declared a second quarter 2026 dividend of $1.62 per share on its common stock. The dividend is payable June 30, 2026, to shareholders of record as of the close of business on June 15, 2026.

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Extra Space Storage (NYSE: EXR) reported first-quarter 2026 results for the period ended March 31, 2026. Core FFO was $2.04 per diluted share (up 2.0% YoY). Net income attributable to common stockholders was $1.14 per diluted share (down 10.9% YoY). Same-store revenue rose 1.7% and same-store NOI rose 1.2%. Ending same-store occupancy was 93.0%. Company paid a quarterly dividend of $1.62 per share, acquired one operating store for $12.5M, added 84 stores to third-party management, and reported approximately $1.5B of bridge loans outstanding.

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Extra Space Storage (NYSE: EXR) will release first-quarter 2026 financial results for the period ended March 31, 2026 on Tuesday, April 28, 2026 after market close. A conference call to discuss results is scheduled for Wednesday, April 29, 2026 at 1:00 p.m. ET, hosted by CEO Joe Margolis and EVP/CFO Jeff Norman.

A live webcast and telephone participation are available via the company investor relations site; analysts must register for a Q&A dial-in. A replay will be posted beginning April 29, 2026 at 5:00 p.m. ET and remain available for one year. Earnings report and supplemental data will post on the investor site immediately after the release.

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Extra Space Storage (NYSE: EXR) reported results for the three months and year ended December 31, 2025. Net income per diluted share was $1.36 in Q4 2025 and $4.59 for full-year 2025, a 13.9% annual increase. FFO was $1.99 per share in Q4 and $7.90 for 2025; Core FFO was $2.08 (Q4) and $8.21 (2025). Same-store revenue grew 0.1% for 2025 while same-store NOI fell (1.7)%. The company closed $483.6M of operating-store acquisitions and completed a $342.2M buyout of JV interests. Ending same-store occupancy was 92.6% and the company repurchased $149.5M of shares in 2025.

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Extra Space Storage (NYSE: EXR) declared a first quarter 2026 cash dividend of $1.62 per share. The dividend is payable on March 31, 2026 to shareholders of record as of the close of business on March 16, 2026.

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FAQ

What is the current stock price of Extra Space Storage (EXR)?

The current stock price of Extra Space Storage (EXR) is $150.04 as of August 5, 2026.

What is the market cap of Extra Space Storage (EXR)?

The market cap of Extra Space Storage (EXR) is approximately 31.7B.