EXR
Extra Space Storage Inc
NYSE: EXR · REAL ESTATE · REIT - INDUSTRIAL
$140.12
-0.69% today
Updated 2026-09-01
Market cap
$31.80B
P/E ratio
31.95
P/S ratio
9.06x
EPS (TTM)
$4.51
Dividend yield
4.47%
52W range
$121 – $159
Volume
1.1M
WallStSmart proprietary scores
55
out of 100
Grade: C+
Hold
Investment rating
6.0
Growth
B3.0
Quality
D7.5
Profitability
B+3.3
Valuation
D3/9
Piotroski F-Score
Weak
0.8
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →246 stocks currently score above 75
Price targets
Analyst target
$144.93
+3.43%
12-Month target
$130.01
-7.22%
Intrinsic (DCF)
$134.08
Margin of safety
-6.26%
4 Strong Buy5 Buy12 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 27.30% — above average
+ Free cash flow $549.30M — positive
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.83 — distress zone
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $1.97B | $2.62B | $3.34B | $3.38B | $3.51B | $3.4B |
| Net income | $860.69M | $803.20M | $854.68M | $974.00M | $263.47M | — |
| EPS | — | — | — | — | $4.51 | $4.87 |
| Free cash flow | $1.22B | $1.29B | $1.87B | $1.83B | $549.30M | — |
| Profit margin | 43.79% | 30.71% | 25.61% | 28.84% | 27.30% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-08-04 | MARGOLIS, JOSEPH D | Buy | 13,503 | — |
| 2026-07-01 | SPRINGER, WILLIAM N | Sale | 138 | $147.29 |
| 2026-07-01 | NORMAN, JEFFREY JAY | Sale | 735 | $147.29 |
Peer comparison
Smart narrative
Extra Space Storage Inc trades at $140.12. representing a P/E of 31.95x trailing earnings. Our Smart Value Score of 55/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.83, it sits in the distress. TTM revenue stands at $3.51B. with profit margins at 27.30%. Our DCF model estimates intrinsic value at $134.08.
Frequently asked questions
What is Extra Space Storage Inc's stock price?
Extra Space Storage Inc (EXR) trades at $140.12, on a P/E of 32.0x and a P/S of 9.1x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Extra Space Storage Inc overvalued?
Extra Space Storage Inc carries a Smart Value Score of 55/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $134.08 against the $140.12 price, so on cash flow terms the market is paying a premium for Extra Space Storage Inc's growth. The Hold rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Extra Space Storage Inc (EXR)?
The 12-month analyst consensus target is $144.93, about 3.4% above the current $140.12. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of EXR by 2030?
Our research-backed model puts the 2030 base case at $227.56, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Extra Space Storage Inc (EXR)?
Our DCF model estimates intrinsic value at $134.08, a -6.3% margin of safety versus today's $140.12. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Extra Space Storage Inc's revenue?
Extra Space Storage Inc's trailing twelve-month revenue is $3.51B, and our model projects it reaching about $4.13B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Extra Space Storage Inc's Altman Z-Score is 0.83, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorREAL ESTATE
IndustryREIT - INDUSTRIAL
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio9.06x
ROE7.22%
Beta1.19
50D MA$147.16
200D MA$141.04
Shares out0.21B
Float0.21B
Short ratio—
Avg volume1.1M
Performance
1 week-2.60%
1 month-4.69%
3 months-0.84%
YTD+8.36%
1 year-1.73%
3 years—
5 years—