EXR is set to report Q1 2026 results on April 28, with revenues and FFO per share anticipated to rise year over year.
Extra Space Storage is a buy-the-dip opportunity, trading near 52-week lows with a 4.8% yield and discounted 16.5x forward P/FFO. EXR's fundamentals are stabilizing, evidenced by improving move-ins, positive new customer pricing, and tight cost control supporting margin expansion. Management guides for gradual recovery, leveraging scale, a robust balance sheet, and an expanding third-party management platform for future growth.
Callodine Capital Management LP bought a new stake in Extra Space Storage Inc (NYSE: EXR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,000 shares of the real estate investment trust's stock, valued at approximately $564,000. Other institutional investors
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Extra Space Storage Inc. (EXR) Q4 2025 Earnings Call Transcript
EXR tops Q4 FFO and revenue estimates as acquisitions expand its footprint and same-store NOI inches up, but lower occupancy clouds 2026 outlook.
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) 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.
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 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.
Extra Space Storage (EXR) reported earnings 30 days ago. What's next for the stock?
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.