EXR — Extra Space Storage Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates EXR Bearish with a Setup Score of 44, net conviction 26, actionability 75. How the Setup Score works →

Total Setup Score44
Directional BiasBearish
Net Conviction26
Actionability75 (in range)

Key signals behind this score

About Extra Space Storage Inc

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 March 31, 2026, the Company owned and/or operated 4,344 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 335.6 million square feet of rentable space operating under the Extra Space brand. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$143.96
Market Cap$31.49B
Float208.9M
Shares Outstanding211.3M
P/E (Forward)33.00
P/E (TTM)32.35
Price/Sales (TTM)9.05
vs. Analyst Target+8.7% to analyst PT
Profit Margin27.14%
Operating Margin (TTM)43.98%
Revenue (TTM)$3.48B
Earnings Growth (YoY)-10.60%
Dividend Rate6.5%
Analyst Target Price$156.42 (21 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.38B $482M $1.02B $895M
2021 $1.61B $828M $1.23B $1.11B
2022 $1.97B $861M $1.54B $1.37B
2023 $2.62B $803M $2.02B $1.79B
2024 $3.34B $855M $2.55B $2.26B
2025 $3.38B $974M $960M $2.41B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $842M $250M
Sep 2025 $778M $170M
Dec 2025 $918M $283M
Mar 2026 $856M $241M

Ownership & Float

Insider Ownership0.9%
Institutional Ownership102.0%
Short Float2.4%
% of All Funds Holding8.71%
Number of Funds Holding716

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$145.16Near-term / short-term trend
Weekly40-Week SMA$140.56Medium-term trend
Weekly80-Week SMA$143.72Cyclical trend (business cycle)
Weekly200-Week SMA$148.08Secular trend (multi-year)
Monthly10-Month SMA$139.40Near-term monthly trend
Monthly20-Month SMA$143.13Medium-term monthly trend
Monthly40-Month SMA$145.24Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$149.00 resistance 1.07x 3 months ago

Historical Earnings Reactions (88 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.03% 0.04% 51.14% 7.28% -10.17%
1 Day -0.10% 0.21% 52.27% 10.57% -10.92%
1 Week 0.74% 0.70% 53.41% 21.27% -14.76%
2 Weeks 0.78% 0.87% 55.68% 18.30% -12.90%
1 Month 1.59% 3.07% 62.07% 28.84% -30.92%

Next earnings: July 28, 2026 (17 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.6%59.1%22
Feb-0.6%40.9%22
Mar2.4%59.1%22
Apr2.3%54.5%22
May1.7%68.2%22
Jun0.3%50.0%22
Jul1.6%57.1%21
Aug3.0%61.9%21
Sep-1.6%40.9%22
Oct0.6%63.6%22
Nov0.6%54.5%22
Dec2.6%63.6%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 51.5% 1031
Tuesday 0.13% 51.1% 1131
Wednesday -0.01% 49.1% 1131
Thursday 0.02% 51.4% 1109
Friday 0.18% 55.8% 1103

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 102.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.9%

12-Month Insider Activity Summary

Total Filings3
Net Value-$2.6M
Net Shares Change-18,300
% of Float-0.0%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Margolis Joseph D Chief Executive Officer -$2.1M 2 N/A
McNeal Gwyn Goodson EVP/Chief Legal Officer -$495,000 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-12 McNeal Gwyn Goodson EVP/Chief Legal Officer -$495,000 Transaction at $150.00, now -4.0%
2025-10-03 Margolis Joseph D Chief Executive Officer -$1.1M Transaction at $141.41, now +1.8%
2026-03-16 Margolis Joseph D Chief Executive Officer -$1.1M Transaction at $142.08, now +1.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Extra Space Storage Inc (EXR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for EXR on Trend Edge →