Summary
EXR Chart
Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage
Extra Space Storage Inc. is the leading self storage REIT with a consistent history of paying rising dividends. EXR outperforms peers Public Storage and CubeSmart on five-year dividend growth rate, and consistent dividend increases, making it attractive for long-term income. Management excels at acquiring and optimizing properties, leveraging technology and AI to drive occupancy, revenue growth, and market share expansion.
Extra Space Storage May Be Nearing An Inflection (Rating Upgrade)
I am upgrading Extra Space Storage to a 'buy' as industry supply pressures ease and business fundamentals show signs of turning the corner. EXR's leading market position, solid balance sheet, and secure 4.5% dividend yield support my positive outlook despite recent underperformance. Improving occupancy, Life Storage synergies, and moderating costs position EXR for 3-4% growth next year, with the potential for resumed dividend growth.
Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend
SALT LAKE CITY , May 22, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on June 30, 2025, to stockholders of record at the close of business on June 16, 2025.
Extra Space Storage Inc. Dividends
 EXR In 1 weeks Announced | Quarterly | $1.62 Per Share |
| EXR 2 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 5 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 8 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 11 months ago Paid | Quarterly | $1.62 Per Share |
Extra Space Storage Inc. Earnings
| 28 Jul 2025 (55 Days) Date | | - Cons. EPS | - EPS |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 25 Feb 2025 Date | | 1.1 Cons. EPS | 1.24 EPS |
| 5 Nov 2024 Date | | 1.13 Cons. EPS | - EPS |
| 29 Oct 2024 Date | | 1.12 Cons. EPS | 0.91 EPS |
| EXR In 1 weeks Announced | Quarterly | $1.62 Per Share |
| EXR 2 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 5 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 8 months ago Paid | Quarterly | $1.62 Per Share |
| EXR 11 months ago Paid | Quarterly | $1.62 Per Share |
| 28 Jul 2025 (55 Days) Date | | - Cons. EPS | - EPS |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 25 Feb 2025 Date | | 1.1 Cons. EPS | 1.24 EPS |
| 5 Nov 2024 Date | | 1.13 Cons. EPS | - EPS |
| 29 Oct 2024 Date | | 1.12 Cons. EPS | 0.91 EPS |
Extra Space Storage Inc. (EXR) FAQ
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Has Extra Space Storage Inc. ever had a stock split?
Extra Space Storage Inc. Profile
| REIT - Industrial Industry | Real Estate Sector | Mr. Joseph Daniel Margolis J.D. CEO | XMEX Exchange | US30225T1025 ISIN |
| US Country | 8,012 Employees | 16 Jun 2025 Last Dividend | - Last Split | 12 Aug 2004 IPO Date |
Overview
Extra Space Storage Inc. is a prominent real estate investment trust (REIT) based in Salt Lake City, Utah, which specializes in the management and operation of self-storage facilities. As an integral part of the S&P 500 index, the company has solidified its standing as a leading figure in the self-storage industry. By the end of December 2023, Extra Space Storage managed a significant portfolio comprising 3,714 self-storage stores located across 42 states and Washington, D.C. This vast network of storage solutions covers about 2.6 million units and spans approximately 283.0 million square feet of rentable space, showcasing the company's extensive reach and capacity. Operating under the brands Extra Space, Life Storage, and Storage Express, the company delivers on its promise of providing secure and conveniently located storage options to a diverse clientele ranging from individuals needing personal storage to businesses requiring space for inventory or equipment.
Products and Services
- Self-Storage Units:
At the core of Extra Space Storage's offerings are its wide-ranging self-storage units. These units are designed to cater to a variety of storage needs, whether customers are looking to declutter their homes, store seasonal items, or hold onto valuables during transitional periods. The company places a high emphasis on security and convenience, ensuring that customers have peace of mind when storing their belongings.
- Boat Storage:
Recognizing the specialized needs of boat owners, Extra Space Storage provides dedicated boat storage solutions. These are ideal for customers seeking a secure spot to store their boats during the off-season or when not in use, protecting them from the elements and freeing up space at home.
- RV Storage:
The company also offers storage options for recreational vehicles (RVs), accommodating the unique size and storage requirements of these vehicles. RV owners can benefit from Extra Space Storage's secure facilities, ensuring their RVs are safely housed when not exploring the open road.
- Business Storage:
Extra Space Storage extends its services to the business community with its business storage solutions. These services are tailored to meet the needs of businesses of all sizes, offering a cost-effective way to manage inventory, documents, or equipment. The flexibility and security of these storage options make them an attractive choice for businesses looking to optimize their operational space.
Contact Information
