EXR news

Extra Space Storage reported Q3 2026 net income of $1.17 per diluted share, up 50% compared to last year. The company repurchased $327.1 million of shares and paid a quarterly dividend.

ExchangeRight Operating Partnership created a new class of Common Units (Class T) with mandatory fixed distribution payments and pro-rata adjustment rights, with a total issuance of 1,817,420 shares.

Extra Space Storage Inc. announces CEO transition, appointing Noah Springer to succeed retiring Joe Margolis. The leadership change is effective January 1, 2027, and CEO Joe Margolis will serve as an adviser through the end of the year, likely maintaining operational stability.

Extra Space Storage reported a 5.9% rise in Q2 diluted EPS to $1.25, driven by strong core FFO growth and new store acquisitions despite a slight decline in same-store occupancy.

Extra Space Storage LP priced $550 million of 4.900% senior notes due 2032. This capital raise supports long-term financial strategy under an amended indenture, with underwriting led by Wells Fargo and J.P. Morgan.