EXR
Real Estate · REIT - Industrial
Performance
EXR (EXR) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
EXR (EXR) operates in the REIT - Industrial space within the Real Estate sector. With a market cap of $32.7B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.
- Forward P/E (30.9×) is lower than trailing P/E (33.3×) — analysts expect earnings to improve
- Exceptional profit margin of 27.1% — the business retains a large share of each dollar earned
- Dividend yield of 4.42% provides consistent income on top of price appreciation
- P/E of 33.3× is above average — valuation requires continued strong growth to justify
- Earnings fell 11% YoY — profitability is under pressure
- High debt-to-equity of 98.09× increases financial risk, especially with elevated interest rates
- Current ratio below 1 (0.69×) — short-term liabilities exceed current assets
Verdict
Caution
More risks than strengths. Consider waiting for fundamentals to improve before adding.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
4.42%
5Y Avg Annual
$5.7360
Last Payment
$1.6200
Ex-Date
06/15/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest06/15/2026 | 06/30/2026 | $1.6200 | 4.38% |
03/16/2026 | 03/31/2026 | $1.6200 | 4.38% |
12/15/2025 | 12/30/2025 | $1.6200 | 4.38% |
09/15/2025 | 09/30/2025 | $1.6200 | 4.38% |
06/16/2025 | 07/01/2025 | $1.6200 | 4.38% |
03/14/2025 | 03/29/2025 | $1.6200 | 4.38% |
12/16/2024 | 12/31/2024 | $1.6200 | 4.38% |
09/16/2024 | 10/01/2024 | $1.6200 | 4.38% |
Magic Number
Shares needed to self-fund your next purchase
$147.98
Price
$1.6200
Last div. (quarterly)
92
shares
Own 92 EXR shares ($13,614.16) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$13,614.16
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
EPS (TTM)
$4.44
P/E (TTM)
33.3
Fwd P/E
30.9
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $147.98
Graham Number
√(22.5 × EPS × Book Value)
$79.41
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$99.80
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
6/10
60% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
6.8%Return on equity — measures how efficiently capital is used
Positive profit margin
27.1%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+3.8%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
-10.6%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
98.09×Low financial leverage reduces risk of distress
Current ratio above 1
0.69×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$173M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
4.42%Stock must distribute income to shareholders
Related Assets
Real Estate
About EXR
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2025, the Company owned and/or operated 4,281 self-storage stores in 43 states and Washington, D.C. Its stores comprise approximately 2.9 million units and approximately 330.4 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was incorporated in 1977 in Maryland, USA.
Sector
Real Estate
Industry
REIT - Industrial
Location
Salt Lake City, United States
Employees
8,393