Stock Taper 
Extra Space Storage Inc. is a Salt Lake City-based REIT and the second-largest U.S. self-storage owner/operator with 1,906 stores, 1.4 million units, and diverse storage options nationwide.
Extra Space Storage, the largest U.S. self-storage REIT, primarily generates revenue by providing secure, clean, and conveniently located storage units with various sizes and amenities for personal and business customers.
In its third-quarter 2025 earnings report on October 29, 2025, Extra Space Storage announced a 14.3% decrease in net income attributable to common stockholders compared to the prior year. The report also revealed decreases in same-store revenue and net operating income, coupled with an increase in the full-year outlook for same-store expenses, which collectively prompted a significant negative reaction from investors and a multi-day stock price drop.
Extra Space Storage has entered into a joint venture with institutional partners, creating a $600 million investment platform to acquire self-storage properties across the United States. This strategic move aims to make the partnership the largest private owner of self-storage facilities in the country by investing in stabilized properties, value-add opportunities, and new developments.
Americans are paying monthly rent on stuff they refuse to give up, and three landlords have built billion-dollar businesses on that reluctance. Which one offers the safest income and which one is closest to the edge?
SALT LAKE CITY, Oct. 2, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and nine months ended September 30, 2026, on Tuesday, October 27, 2026, after the market closes. The Company will host a conference call at 1:00 p.m.
Extra Space Storage's scale, steady demand, diversified growth channels and financial flexibility support expansion despite softer housing activity.
Overall rating: B
| PEER | PRICE | |
|---|---|---|
 PSA | $283.81 | COMPARE |
 IRM | $113.39 | COMPARE |
 VICI | $22.65 | COMPARE |
 SBAC | $158.49 | COMPARE |
 INVH | $26.04 | COMPARE |
 CSGP | $27.38 | COMPARE |
 CUBE | $37.52 | COMPARE |
 REXR | $36.69 | COMPARE |
