Extra Space Storage (EXR) Expected to Announce Quarterly Earnings on Wednesday

Extra Space Storage (NYSE:EXR) is anticipated to announce its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect the company to announce earnings of $2.06 per share and revenue of $736.2590 million for the quarter. Extra Space Storage has set its FY 2025 guidance at 8.050-8.25 EPS.Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Thursday, October 30, 2025 at 1:00 PM ET.

Extra Space Storage (NYSE:EXR) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.05 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.01). The business had revenue of $841.62 million during the quarter, compared to analysts’ expectations of $719.43 million. Extra Space Storage had a return on equity of 6.69% and a net margin of 29.51%.Extra Space Storage’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.06 EPS. On average, analysts expect Extra Space Storage to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Extra Space Storage Stock Performance

Shares of EXR opened at $149.36 on Tuesday. The stock has a 50 day moving average of $143.94 and a 200 day moving average of $145.19. The company has a market capitalization of $31.70 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 2.71 and a beta of 1.11. Extra Space Storage has a 12 month low of $121.03 and a 12 month high of $175.57. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.88.

Extra Space Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $1.62 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $6.48 annualized dividend and a dividend yield of 4.3%. Extra Space Storage’s dividend payout ratio (DPR) is currently 140.56%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXR. Citigroup cut their price target on shares of Extra Space Storage from $165.00 to $150.00 and set a “neutral” rating on the stock in a report on Friday, August 22nd. Scotiabank lowered their price objective on shares of Extra Space Storage from $166.00 to $162.00 and set a “sector outperform” rating on the stock in a research report on Thursday, August 28th. Wells Fargo & Company raised shares of Extra Space Storage from an “equal weight” rating to an “overweight” rating and set a $160.00 target price for the company in a research report on Tuesday, August 26th. UBS Group lowered their price target on shares of Extra Space Storage from $169.00 to $160.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Finally, Barclays dropped their price objective on Extra Space Storage from $178.00 to $169.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Extra Space Storage has an average rating of “Hold” and a consensus price target of $148.64.

Insider Activity at Extra Space Storage

In other news, CEO Joseph D. Margolis sold 7,500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $141.41, for a total value of $1,060,575.00. Following the completion of the transaction, the chief executive officer directly owned 19,760 shares of the company’s stock, valued at $2,794,261.60. This trade represents a 27.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.36% of the stock is owned by insiders.

Hedge Funds Weigh In On Extra Space Storage

Hedge funds have recently bought and sold shares of the company. MUFG Securities EMEA plc bought a new position in Extra Space Storage in the 2nd quarter valued at $92,000. Cresset Asset Management LLC purchased a new stake in shares of Extra Space Storage in the second quarter worth $202,000. Sivia Capital Partners LLC bought a new stake in Extra Space Storage during the second quarter valued at $457,000. NewEdge Advisors LLC grew its position in Extra Space Storage by 9.3% during the first quarter. NewEdge Advisors LLC now owns 3,409 shares of the real estate investment trust’s stock worth $506,000 after buying an additional 291 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new position in Extra Space Storage during the second quarter worth about $540,000. Hedge funds and other institutional investors own 99.11% of the company’s stock.

About Extra Space Storage

Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2023, the Company owned and/or operated 3,714 self-storage stores in 42 states and Washington, DC The Company's stores comprise approximately 2.6 million units and approximately 283.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands.