Extra Space Storage Inc. (EXR) fair value analysis
S&P 500 · Updated 2026-10-19
EXR price how computed
Valuation status
No P/E-based verdictEXR: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $134.65
- Sector
- Real Estate
- 12-month range
- $126.69–$152.85
- Market cap
- $28.4B
- From 52-week high
- -11.9%
- Shares outstanding
- 211M
- Rank in Real Estate by quality score
- #22 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Extra Space Storage Inc. is a self-storage real estate investment trust that owns and operates a portfolio of self-storage facilities across the United States. The company provides storage space rental services to both residential and commercial customers through its network of properties located throughout the country.
EXR currently ranks #22 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $28.4B
- P/E (trailing)
- 25x
- Revenue (TTM)
- $3.43B
- Net margin
- 28.0%
- EPS (TTM)
- $5.43
- Gross margin
- 50.3%
- Debt / equity
- 1.09
- Revenue growth (3-yr avg)
- 4.9%
- Shares outstanding
- 211M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 56 · neutral
- 50-day average
- $139.26
- 200-day average
- $141.94
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $6.48 per share (4 payments)
- Yield on last price
- 4.81%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-09-15
- Last payment date
- 2026-09-30
Earnings how computed
- Next earnings report
- 2026-10-27 (post-market)
- Last 8 quarters vs consensus
- 5 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+4.4%)
2026-03 ▲ beat (+3.6%)
2025-12 ▲ beat (+17.2%)
2025-09 ▼ miss (-34.5%)
2025-06 ▬ met (0.0%)
2025-03 ▲ beat (+24.3%)
2024-12 ▲ beat (+12.7%)
2024-09 ▼ miss (-17.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 10 buy · 11 hold · 0 sell (21 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $156
- Target vs last price
- +15.9%
What our data shows for EXR
- Shares are trading in the lower third of their 12-month price range of $126.69–$152.85.
- The 14-day relative strength index sits at a neutral 56.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- EXR's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent EXR news
TickrTrends' derived news-sentiment signal for EXR is currently leaning positive, computed from recent coverage.
- EXR Maintained by UBS -- Price Target Lowered to $152 (gurufocus.com, 2026-10-16)
- EXR Upgraded by Truist Securities -- Price Target Adjusted to $147 (gurufocus.com, 2026-10-02)
TickrTrends take: EXR received an upgrade from Truist Securities with a price target of 147, which provides a reference point for evaluating whether the stock's market price aligns with analyst expectations in the Real Estate sector. Given that TickrTrends currently assesses EXR as fairly valued, investors focused on valuation metrics should monitor whether the stock moves toward or away from the Truist target to gauge the sustainability of that assessment. The upgrade suggests analyst confidence in the company's prospects, though the fairly valued designation indicates the market may already be pricing in meaningful expectations for the business. - Extra Space Storage Stock: A Great REIT At The Wrong Time (NYSE:EXR) (seekingalpha.com, 2026-09-19)
TickrTrends take: Extra Space Storage operates in the Real Estate sector and is currently assessed as fairly valued according to TickrTrends metrics. The headline's characterization of EXR as a quality REIT facing unfavorable timing conditions suggests that valuation alone may not capture the full investment picture, as sector cycles and market conditions can influence whether a fairly valued asset becomes more or less attractive. Investors focused on valuation should monitor whether timing concerns eventually translate into price adjustments that might shift the fair value assessment.
More EXR news
- Extra Space Storage Inc's Dividend Analysis (gurufocus.com, 2026-09-15)
What people are saying
Follow the EXR conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — EXR is classified as a Real Estate Investment Trust and therefore does not receive a P/E-based valuation verdict. This represents a change from the previous week when the stock carried a Fairly valued designation.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is EXR stock undervalued?
TickrTrends publishes no fair-value verdict for EXR. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is EXR's TickrTrends verdict?
EXR is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does EXR compare to other Real Estate stocks?
EXR ranks #22 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is EXR overbought or oversold?
EXR's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does EXR pay a dividend?
Yes. EXR paid $6.48 per share over the last twelve months (4 payments), a 4.81% yield on TickrTrends' last price. The last ex-dividend date was 2026-09-15.
When does EXR report earnings next?
EXR's next earnings report is scheduled for 2026-10-27 (post-market), per the published earnings calendar.
Does EXR usually beat earnings estimates?
Over its last 8 reported quarters EXR beat the consensus estimate 5 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about EXR?
Of 21 analysts covering EXR, 10 rate it a buy, 11 a hold and 0 a sell - hold-leaning, with a consensus price target of $156 (+15.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.