Extra Space Storage Inc. (EXR) Q4 2025 Earnings Call Transcript
Extra Space Storage Inc. (EXR) Q4 2025 Earnings Call Transcript
Extra Space Storage Q4 Core FFO & Revenues Surpass Estimates
EXR tops Q4 FFO and revenue estimates as acquisitions expand its footprint and same-store NOI inches up, but lower occupancy clouds 2026 outlook.
Extra Space Storage (EXR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Extra Space Storage (EXR) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Extra Space Storage (EXR) Q4 FFO and Revenues Surpass Estimates
Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of $2.08 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to FFO of $2.03 per share a year ago.
Should Extra Space Storage Stock Be in Your Portfolio Pre-Q4 Earnings?
EXR is set to report Q4 2025 results on Feb. 19, with revenues anticipated to rise year over year, while FFO per share is expected to remain flat.
Extra Space Storage: Recovery Is Slow, But Occurring
Extra Space Storage remains a "Buy," with a $145 price target, despite recent underperformance and sector headwinds. EXR benefits from a strong balance sheet, 5% dividend yield, and consolidation opportunities in a fragmented storage market. Supply growth is expected to fall below 2% in 2026, supporting occupancy stabilization and potential rent growth as housing headwinds fade.
Why Is Extra Space Storage (EXR) Down 1.1% Since Last Earnings Report?
Extra Space Storage (EXR) reported earnings 30 days ago. What's next for the stock?
Extra Space Storage Shares Cross 5% Yield Mark
In trading on Monday, shares of Extra Space Storage were yielding above the 5% mark based on its quarterly dividend (annualized to $6.48), with the stock changing hands as low as $129.24 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
Extra Space Storage: Defensive REIT With Steady Cash Flows Amid Economic Uncertainty
Extra Space Storage remains a leading self-storage REIT with strong occupancy, robust acquisitions, and a solid financial position despite recent stock declines. EXR offers a 4.6% dividend yield, maintains an ~80% payout ratio, and has an unused buyback program that could support shares if prices weaken. The company stands to benefit from potential interest rate cuts and favorable long-term industry trends, but faces risks from economic uncertainty and the potential to see delayed Fed action.
Extra Space Storage Inc. (EXR) Q3 2025 Earnings Call Transcript
Extra Space Storage Inc. ( EXR ) Q3 2025 Earnings Call October 30, 2025 1:00 PM EDT Company Participants Jared Conley Joseph Margolis - CEO & Director Jeff Norman - Senior Vice President of Capital Markets Conference Call Participants Michael Goldsmith - UBS Investment Bank, Research Division Jeffrey Spector - BofA Securities, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Ronald Kamdem - Morgan Stanley, Research Division Todd Thomas - KeyBanc Capital Markets Inc., Research Division Eric Wolfe - Citigroup Inc., Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Juan Sanabria - BMO Capital Markets Equity Research Ravi Vaidya - Mizuho Securities USA LLC, Research Division Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Spenser Allaway - Green Street Advisors, LLC, Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Omotayo Okusanya - Deutsche Bank AG, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Extra Space Storage Inc. Q3 2025 Earnings Conference Call. [Operator Instructions] This call is being recorded on October 30, 2025.
Extra Space Storage Q3 Core FFO Beats Estimates, Revenues Lag
EXR tops Q3 FFO estimates with occupancy gains, but rising expenses and interest costs weigh on results.
Extra Space Storage (EXR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Extra Space Storage (EXR) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
