Extra Space Storage Inc. (EXR)

NYSE · Real Estate

Latest Move · 2026-02-20

+4.56%
Extra Space Storage rallies after Q4 earnings and FY2026 guidance release

Extra Space Storage (EXR) Stock Movement Summary Extra Space Storage shares rallied following the release of Q4 2025 earnings and FY2026 guidance. The stock rose 4.56% to $152.75 on Friday, marking its second consecutive day of gains and outperforming the broader market, which saw the S&P 500 gain 0.69% and the Dow Jones Industrial Average rise 0.47%. For FY2026, the company provided earnings per share guidance of $8.05-$8.35, compared to the consensus estimate of $6.15. However, Extra Space Storage also forecasted annual Funds From Operations (FFO) below market estimates at $8.05-$8.35 versus the $8.29 estimate, attributed to tepid demand for storage services.

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Previous Move

+3.60%
Extra Space Storage rallies after Q4 earnings beat despite below-consensus 2026 guidance
2026-02-20

Frequently Asked Questions

Why did Extra Space Storage Inc. stock move today?

Extra Space Storage (EXR) Stock Movement Summary Extra Space Storage shares rallied following the release of Q4 2025 earnings and FY2026 guidance. The stock rose 4.56% to $152.75 on Friday, marking its second consecutive day of gains and outperforming the broader market, which saw the S&P 500 gain 0.69% and the Dow Jones Industrial Average rise 0.47%. For FY2026, the company provided earnings per share guidance of $8.05-$8.35, compared to the consensus estimate of $6.15. However, Extra Space Storage also forecasted annual Funds From Operations (FFO) below market estimates at $8.05-$8.35 versus the $8.29 estimate, attributed to tepid demand for storage services.

What does Extra Space Storage Inc. do?

Extra Space Storage is one of the largest self-storage REITs in the United States, owning and operating thousands of storage facilities nationwide. The company generates revenue primarily from rental income on storage units, making it sensitive to housing turnover and consumer demand trends. Today's rally follows its Q4 2025 earnings report and FY2026 guidance, which appeared to relieve investor concerns after weeks of pressure from analyst downgrades and demand worries.

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