Extra Space Storage

EXR

Market cap $31.7B

The Roth IRA is one of the most widely held retirement accounts in the United States.

SALT LAKE CITY , Sept. 24, 2025 /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, 2025, on Wednesday, October 29, 2025, after the market closes.

Asking for a Trend anchor, Josh Lipton breaks down the latest trends in investing for September 18, 2025. Concurrent Wealth Management founder and wealth adviser Preston Cherry discusses the impact of rate cuts on the consumer.

Three years of persistent rate-driven pressure on the residential and commercial real estate market appears to finally be abating - and not a moment too soon. REITs were hit by a "triple whammy" of rate-related headwinds: higher borrowing costs directly squeezed profitability, eroded the relative appeal of REIT dividends, and made it near-impossible to grow accretively. Since the Fed's initial rate hike in March 2022, REITs have lagged the S&P 500 by a whopping 55 percentage points, nearly 3x the magnitude of underperformance seen in the GFC.

Extra Space Storage (EXR) gets a buy rating for my initial coverage. Upside can be driven by recent portfolio growth/expansion, strong occupancy levels, and macro demand for self storage, along with #2 market share in US. FFO growth has either grown or been stable, as well as positive cashflow trends and dividend growth.

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.

SALT LAKE CITY , Aug. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2025 dividend of $1.62 per share on the common stock of the Company.  The dividend is payable on September 30, 2025, to stockholders of record at the close of business on September 15, 2025.

This year, I aggressively invested during market swings and real estate deals. Now, I'm rebuilding cash. But if I had $50K, I'd deploy it strategically. I follow top investors like Nygren: buy undervalued stocks with strong growth, quality management, and shareholder-friendly policies. Timing matters less than patience. My three picks fit a high-conviction, long-term framework: sectors first, then companies. Volatility creates opportunity, but discipline ensures success.

Extra Space Storage faces headwinds from rising expenses, slowing rent growth, and macroeconomic uncertainty, leading to recent share price declines and muted acquisitions. Despite near-term volatility, EXR's strong brand and fee-based management model position it well for long-term industry resilience and market recovery. Dividend growth has stalled, but the current 5% yield offers patient investors attractive income while waiting for a turnaround.

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.