Weekly Investment Analysts’ Ratings Changes for Extra Space Storage (EXR)

A number of firms have modified their ratings and price targets on shares of Extra Space Storage (NYSE: EXR) recently:

• 11/4/2026 – Extra Space Storage had its price target raised by UBS Group from $152.00 to $174.00. They now have a “buy” rating on the stock.
• 11/2/2026 – Extra Space Storage was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/29/2026 – Extra Space Storage had its price target lowered by Royal Bank Of Canada from $157.00 to $156.00. They now have a “sector perform” rating on the stock.
• 10/28/2026 – Extra Space Storage had its price target raised by Evercore from $142.00 to $146.00.
• 10/16/2026 – Extra Space Storage had its price target lowered by UBS Group from $163.00 to $152.00. They now have a “buy” rating on the stock.
• 10/12/2026 – Extra Space Storage had its price target lowered by Jefferies Financial Group from $165.00 to $151.00.
• 10/6/2026 – Extra Space Storage was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 10/1/2026 – Extra Space Storage was upgraded by Truist Financial from “hold” to “buy”. They now have a $147.00 price target on the stock, down from $148.00.
• 9/21/2026 – Extra Space Storage was given a new $146.00 price target by Evercore.
• 9/21/2026 – Extra Space Storage had its price target lowered by JPMorgan Chase & Co. from $157.00 to $153.00. They now have a “neutral” rating on the stock.

Extra Space Storage Trading Up 3.3%

Extra Space Storage stock traded up $5.09 during midday trading on Wednesday, reaching $161.32. 1,953,816 shares of the stock traded hands, compared to its average volume of 1,269,580. The company has a 50-day simple moving average of $138.93 and a two-hundred day simple moving average of $142.49. Extra Space Storage Inc has a 12-month low of $125.71 and a 12-month high of $162.28. The firm has a market cap of $33.67 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 4.56 and a beta of 1.07. The company has a current ratio of 0.25, a quick ratio of 1.56 and a debt-to-equity ratio of 0.97.

Extra Space Storage (NYSE:EXR) last issued its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.10 by ($0.93). The business had revenue of $889.79 million for the quarter, compared to analysts’ expectations of $886.61 million. Extra Space Storage had a return on equity of 7.36% and a net margin of 29.90%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $2.08 earnings per share. Research analysts expect that Extra Space Storage Inc will post 8.46 earnings per share for the current fiscal year.

Extra Space Storage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Extra Space Storage’s dividend payout ratio is presently 131.71%.

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.