EXRExtra Space Storage Inc. (EXR) presents a compelling investment case driven by strong fundamentals and favorable market positioning, though current technical indicators suggest a short-term pause might be possible.
The self-storage sector, particularly for a market leader like Extra Space Storage, benefits from consistent demand driven by demographic shifts, mobility, and business needs. The company's scale and brand recognition are significant advantages.
Extra Space Storage demonstrates robust financial health with consistent revenue growth, solid profitability, and a manageable debt level, supported by a strong dividend payout.
The stock has shown resilience and is trading above key long-term moving averages, but recent momentum indicators and short-term trading suggest potential for consolidation or a slight pullback before further upward movement.
| Factor | Score |
|---|---|
| Demographic Trends | 90 |
| Economic Sensitivity | 75 |
| Market Leadership | 95 |
| Industry Growth | 85 |
| Technological Integration | 80 |
| Factor | Score |
|---|---|
| Valuation | 40 |
| Profitability | 85 |
| Growth | 70 |
| Balance Sheet Health | |
| Cash Flow | 88 |
| Shareholder Returns | 90 |
| Factor | Score |
|---|---|
| Trend Analysis | 75 |
| Momentum | 60 |
| Short-Term Indicators | 50 |
| Volume Analysis | 70 |
| Support/Resistance | 65 |
Consistent EPS Surprises
Extra Space Storage Inc. (EXR) has a strong track record of beating EPS estimates. In the last reported quarter (2025 Q2), reported EPS was $1.28 against an estimate of $1.02, a positive surprise of 24.88%.
Reasonable P/E Ratio
The trailing P/E ratio is 35.00, which, considering the company's growth and industry, can be seen as a reasonable valuation. The P/S ratio of 13.5 (TTM) appears high but needs to be evaluated against industry peers and growth prospects.
High Quarterly P/S Ratio
The Price-to-Sales (P/S) ratio for the most recent quarter (2025 Q1) is 38.0, which is exceptionally high and suggests that the market is pricing in significant future growth that may be difficult to achieve.
Decreasing Net Margins
Net margins have significantly declined from 52.5% in 2021 to 26.2% in 2024. This compression indicates potential challenges in converting revenue to profit, possibly due to rising operating costs or increased competition.
June 2025
16
Ex-Dividend Date
June 2025
30
Next Dividend Date
July 2025
31
Next Earnings Date
H: $1.24
A: $1.18
L: $1.13
H: 726.91M
A: 720.27M
L: 713.34M
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 March 31, 2025, the Company owned and/or operated 4,099 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.8 million units and approximately 315.0 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
162.85 USD
The 39 analysts offering 1 year price forecasts for EXR have a max estimate of 181.00 and a min estimate of 141.00.