Extra Space Storage Inc. (EXR) Form 8-K — Oct 27, 2026
Extra Space Storage reported Q3 2026 net income of $1.17 per diluted share (up 50% YoY) and Core FFO of $2.17 per share, up 4.3% year-over-year, with same-store NOI growth of 4.6% and occupancy of 94.0%. The company raised its full-year 2026 Core FFO guidance to $8.40-$8.50 from $8.25-$8.40, citing accelerating same-store revenue growth (now 2.00-2.50%) and lower expense growth, while lifting its acquisitions guidance to $400 million.
Key figures
- Eps
- 1.17
- Eps Yoy
- 0.5
- Guidance
- FY2026 Core FFO raised to $8.40-$8.50 (from $8.25-$8.40); same-store revenue growth 2.00-2.50%; same-store NOI growth 2.50-3.50%; acquisitions guidance raised to $400M.
- Net Income
- 247759000
- Total Assets
- 28963119000
- Cash Position
- 114824000
- Shares Outstanding
- 208884163
- Buyback avg price usd
- 136.85
- Buyback dollar q3 usd
- 327100000
- Core ffo per share q3
- 2.17
- Shares repurchased q3
- 2390497
- Core ffo growth yoy pct
- 4.3
- Stores under management
- 2371
- Same store occupancy pct
- 94
- Prior core ffo guidance low
- 8.25
- Total stores owned operated
- 4411
- Fy2026 core ffo guidance low
- 8.4
- Prior core ffo guidance high
- 8.4
- Quarterly dividend per share
- 1.62
- Same store noi growth q3 pct
- 4.6
- Fy2026 core ffo guidance high
- 8.5
- New buyback authorization usd
- 500000000
- Same store revenue growth q3 pct
- 2.7
AI analysis
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