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

Key Points

• Extra Space Storage is expected to report Q3 2026 results after the market closes Tuesday, October 27. Analysts forecast earnings of $1.19 per share on $890.42 million in revenue, while full-year EPS guidance is $8.25–$8.40.
• In its prior quarter, the self-storage REIT reported $1.25 EPS, beating estimates of $1.16, while revenue rose 3.9% year over year to $874.15 million.
• The company pays a quarterly dividend of $1.62, or $6.48 annualized, representing a 4.7% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $148.67.

Extra Space Storage (NYSE:EXR - Get Free Report) is projected to post its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to post 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 can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $874.99 million. During the same period last year, the company earned $2.05 EPS. Extra Space Storage's quarterly revenue was up 3.9% compared to the same quarter last year. 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 Price Performance

EXR opened at $138.13 on Tuesday. The business has a fifty day moving average of $138.91 and a 200 day moving average of $142.47. The stock has a market cap of $29.18 billion, a P/E ratio of 30.49, a PEG ratio of 4.14 and a beta of 1.15. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.96. Extra Space Storage has a 52-week low of $125.71 and a 52-week high of $158.88.

Extra Space Storage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $1.62 dividend. The ex-dividend date 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 presently 143.05%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Raymond James Financial began coverage on Extra Space Storage in a research report on Thursday, July 16th. They set an "outperform" rating and a $44.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Extra Space Storage from $157.00 to $153.00 and set a "neutral" rating for the company in a research note on Monday, September 21st. Evercore set a $146.00 price target on shares of Extra Space Storage in a report on Monday, September 21st. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $160.00 price target on shares of Extra Space Storage in a research note on Thursday, July 30th. Finally, Wall Street Zen raised shares of Extra Space Storage from a "sell" rating to a "hold" rating in a research note on Sunday, August 9th. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $148.67.

Extra Space Storage Company Profile

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.

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