About Extra Space Storage Inc.
Extra Space Storage Inc. (EXR) has been publicly traded since 2004, making it a 22-year-old public company. It operates in the REIT - Industrial industry within the Real Estate sector. The company is headquartered in Salt Lake City, United States and employs approximately 8,393 people. With a market capitalization of $31 billion, EXR is a large established company.
Key Statistics
- Current Price
- $141.37
- Market Cap
- $31.33B
- 52-Week High
- $155.19
- 52-Week Low
- $121.03
- Sector
- Real Estate
- Industry
- REIT - Industrial
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +8.56% | $130.22 | $141.37 |
| 2025 | -8.92% | $142.97 | $130.22 |
| 2024 | -2.81% | $147.11 | $142.97 |
| 2023 | +13.86% | $129.20 | $147.11 |
| 2022 | -32.82% | $192.31 | $129.20 |
| 2021 | +100.98% | $95.68 | $192.31 |
| 2020 | +13.64% | $84.20 | $95.68 |
| 2019 | +20.71% | $69.76 | $84.20 |
| 2018 | +7.29% | $65.02 | $69.76 |
| 2017 | +17.83% | $55.18 | $65.02 |
| 2016 | -9.18% | $60.76 | $55.18 |
| 2015 | +55.24% | $39.14 | $60.76 |
| 2014 | +43.97% | $27.19 | $39.14 |
| 2013 | +19.86% | $22.68 | $27.19 |
| 2012 | +54.38% | $14.69 | $22.68 |
| 2011 | +43.01% | $10.27 | $14.69 |
| 2010 | +54.78% | $6.64 | $10.27 |
| 2009 | +18.52% | $5.60 | $6.64 |
| 2008 | -22.21% | $7.20 | $5.60 |
| 2007 | -17.05% | $8.68 | $7.20 |
| 2006 | +25.31% | $6.93 | $8.68 |
| 2005 | +22.94% | $5.63 | $6.93 |
Valuation
EXR currently trades at a trailing P/E ratio of 30.8, which is considered high relative to the broader market. The forward P/E of 28.8 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.2. The price-to-sales ratio is 9.1.
Dividends
Extra Space Storage Inc. pays a dividend to shareholders with a current yield of 4.58%. This translates to $6.48 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
Risk & Volatility
EXR has a beta of 1.24, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $121.03 to $155.19, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 20 analyst opinions, EXR has a consensus "buy" rating. The average price target of $152.40 suggests 7.8% upside from current levels.
Frequently Asked Questions
What does Extra Space Storage Inc. do? ▼
Extra Space Storage Inc. is a REIT - Industrial company operating in the Real Estate sector. The company is headquartered in Salt Lake City, United States.
What sector is EXR in? ▼
EXR operates in the Real Estate sector, specifically in the REIT - Industrial industry.
When did EXR go public? ▼
Extra Space Storage Inc. went public in 2004, making it a 22-year-old public company as of 2026.
How much would $1,000 invested in EXR 5 years ago be worth today? ▼
A $1,000 investment in EXR five years ago would be worth approximately $1,340 today, representing a 34.0% return.
Does EXR pay dividends? ▼
Yes, Extra Space Storage Inc. pays a dividend with a current yield of 4.58%, which is $6.48 per share annually.
What is EXR's market cap? ▼
Extra Space Storage Inc. has a market capitalization of $31 billion, classifying it as a large-cap company.
What is EXR's P/E ratio? ▼
EXR has a trailing P/E ratio of 30.8 and a forward P/E of 28.8, which measures how much investors are paying per dollar of earnings.
Is EXR a buy, hold, or sell? ▼
Based on 20 opinions, EXR has a consensus "buy" rating. The average price target is $152.4.
Last updated: 3/14/2026