Extra Space Storage (EXR) reported third-quarter 2026 revenue of $889.8 million and net income of $259.4 million. Basic and diluted earnings per common share were both $1.17, while net income attributable to common stockholders was $247.8 million.
Same-store revenue rose 2.7% from a year earlier, same-store expenses declined 1.8%, and same-store net operating income increased 4.6%. Ending same-store occupancy was 94.0% as of September 30, 2026.
- FFO was $2.12 per diluted share; Core FFO was $2.17 per diluted share.
- The company repurchased 2,390,497 shares for $327.1 million during the quarter.
- Extra Space purchased four operating stores for $48.6 million and originated $19.5 million in bridge loans.
- Noah Springer is scheduled to become chief executive officer on January 1, 2027, succeeding retiring CEO Joe Margolis.
- The company paid a quarterly common-stock dividend of $1.62 per share on September 30.
$EXR Insider Trading Activity
$EXR insiders have traded $EXR stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $EXR stock by insiders over the last 6 months:
- GWYN GOODSON MCNEAL (EVP/Chief Legal Officer) sold 3,300 shares for an estimated $495,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$EXR Hedge Fund Activity
We have seen 373 institutional investors add shares of $EXR stock to their portfolio, and 337 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COHEN & STEERS, INC. removed 3,516,403 shares (-21.4%) from their portfolio in Q2 2026, for an estimated $510,933,355
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,964,975 shares (+inf%) to their portfolio in Q2 2026, for an estimated $430,810,867
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 2,232,225 shares (+24295.0%) to their portfolio in Q2 2026, for an estimated $324,342,292
- JPMORGAN CHASE & CO added 1,596,753 shares (+inf%) to their portfolio in Q2 2026, for an estimated $232,008,210
- MILLENNIUM MANAGEMENT LLC added 1,415,100 shares (+inf%) to their portfolio in Q2 2026, for an estimated $205,614,030
- INVESCO LTD. removed 1,348,228 shares (-35.2%) from their portfolio in Q2 2026, for an estimated $195,897,528
- DEUTSCHE BANK AG\ removed 1,123,924 shares (-51.5%) from their portfolio in Q2 2026, for an estimated $163,306,157
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
