Extra Space Storage Inc. EXR

Self-storage deliveries are projected to fall 19.6% in 2026 as a slower pipeline gives operators room to absorb pandemic-era oversupply.

This article first appeared on GuruFocus. Extra Space Storage Inc (NYSE:EXR) recently announced a total dividend of $1.62 per share, with the ex-dividend date set for 2026-09-15. This distribution includes a $1.62 per share cash dividend payable on 2026-09-30.

Though Extra Space Storage has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Extra Space Storage Inc. (NYSE: EXR) (the "Company") today announced that Noah Springer, President, will become the Company's next chief executive officer, effective January 1, 2027. Current CEO Joe Margolis, will retire at the end of the year and serve as an adviser to Extra Space Storage's Board of Directors. The transition, unanimously approved by the Board, follows a thoughtful, long-term succession planning process.

Extra Space Storage has underperformed the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.

Extra Space Storage (EXR) has reaffirmed its income focus, with the board declaring a third-quarter 2026 dividend of $1.62 per share, payable on September 30 to stockholders of record on September 15. See our latest analysis for Extra Space Storage. Extra Space Storage shares currently trade at $147.26, with a 1 month share price return of 1.17% and a 90 day share price return of 2.76%. The 3 year total shareholder return of 30.85% contrasts with a slightly negative 5 year total shareholder...

Extra Space Storage has delivered a 31.4% total return over the past three years, while the latest intrinsic value estimate from a Discounted Cash Flow (DCF) model points to the shares trading at about an 11.1% discount to that estimate. Traditional market multiples suggest the stock is priced roughly in line with peers. A 31.4% three year return signals that shareholders have already seen meaningful gains, which can reduce the margin of safety for new buyers if the market has already priced...

Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2026 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on September 30, 2026, to stockholders of record at the close of business on September 15, 2026.

Extra Space Storage Inc. (NYSE: EXR) today announced that CEO Joe Margolis has been named a 2026 Glassdoor Best CEOs Award recipient. The award recognizes chief executives whose leadership has earned high marks directly from employees.

Self-storage REITs posted stable Q2 2026 results as acquisitions accelerated and NOI trends split across major operators.

Extra Space Storage Inc (EXR) reports 4.9% Core FFO growth and raises full-year guidance, driven by accelerating same-store revenue and operational efficiencies.