Extra Space Storage Inc ($EXR) Stock Forecast: Down 5.9% Today

What is Extra Space Storage Inc?

Extra Space Storage (EXR) is a real estate investment trust (REIT) that owns, operates, and manages self-storage properties across the United States. Today, the stock experienced a strong bearish movement in the market.

Why is Extra Space Storage Inc going down?

EXR stock is down 5.9% on Oct 30, 2025 16:42

• EXR reported Q3 Core FFO that beat estimates, indicating strong performance in terms of funds from operations.
• However, revenues lagged behind expectations, which could have contributed to the bearish movement in the stock.
• Rising expenses and interest costs may have weighed on investors' sentiment, overshadowing the positive FFO results.
• The market may be concerned about the impact of rising competition and discounting on EXR's margins and FFO, leading to the bearish trend in the stock price.

EXR Price Chart

EXR Technical Analysis

EXR News

Extra Space Storage Q3 Core FFO Beats Estimates, Revenues Lag

EXR tops Q3 FFO estimates with occupancy gains, but rising expenses and interest costs weigh on results.

https://www.zacks.com/stock/news/2781661/extra-space-storage-q3-core-ffo-beats-estimates-revenues-lag

Extra Space Storage ( EXR ) Tops Q3 FFO Estimates

Extra Space Storage (EXR) delivered FFO and revenue surprises of +0.97% and -0.73%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2780687/extra-space-storage-exr-tops-q3-ffo-estimates

Extra Space Storage to Report Q3 Earnings: What to Expect?

EXR's Q3 report may show solid revenue growth, but rising competition and discounting could pressure its margins and FFO.

https://www.zacks.com/stock/news/2777703/extra-space-storage-to-report-q3-earnings-what-to-expect

Trending Today

CRISPR Therapeutics AG ($CRSP) Stock Forecast: Up 5.8% Today

QuantumScape Corp. ($QS) Stock Forecast: Up 5.2% Today

Crocs Inc. ($CROX) Stock Forecast: Down 5.2% Today

Riot Platforms, Inc. ($RIOT) Stock Forecast: Down 5.1% Today

Atlassian Corporation Plc ($TEAM) Stock Forecast: Up 5.8% Today

Tandem Diabetes Care, Inc. ($TNDM) Stock Forecast: Down 6.9% Today

FMC Corporation ($FMC) Stock Forecast: Down 10.8% Today

Newell Brands Inc. ($NWL) Stock Forecast: Down 30.1% Today

DXC Technology Company ($DXC) Stock Forecast: Up 7.1% Today

DaVita Inc. ($DVA) Stock Forecast: Down 6.2% Today

Extra Space Storage Inc Price History

14.10.2023 - EXR Stock was up 6.8%

• The bullish movement in the stock of Extra Space Storage (EXR) today could be attributed to several factors:
• 1. Positive growth prospects: The article mentioning the stock's growth potential for the upcoming year could have sparked investor optimism and led to increased buying activity.
• 2. Downgrade reversal: The downgrade of EXR to a "sell" rating in an article from Stocknews.com might have initially caused a dip in the stock price. However, investors may have reevaluated the stock and found value in it, leading to a subsequent upward movement.
• 3. Strong historical performance: The article highlighting EXR's outperformance of the market over the past 10 years could have attracted investors seeking long-term returns, contributing to the bullish movement.
• 4. Earnings call transcript: Although not explicitly mentioned in the provided excerpt, the Q3 2023 earnings call transcript could have contained positive news or outlook for the company, influencing investor sentiment and driving the stock price higher.

24.01.2025 - EXR Stock was up 1.1%

• EXR stock exhibited a positive trend, potentially driven by optimistic market forecasts for its Q4 earnings.
• Despite concerns over declining new customer rates, there is investor confidence in EXR's ability to capitalize on its strong brand recognition and established presence in key urban areas.
• Market fluctuations may also reflect analyst projections for essential performance indicators, suggesting growth potential for EXR within the self-storage sector.

25.10.2024 - EXR Stock was up 2.1%

• The positive investor sentiment towards EXR stock is influenced by strong insider confidence, exemplified by a significant stock sale by the Director.
• While insider selling can sometimes signal lack of faith in a company's future, in this instance, it is viewed as a routine profit-taking measure by the Director.
• This insider sell is seen by investors as an indication of the stock reaching an attractive price level, leading to increased buying activity and driving the market's bullish trend today.

31.06.2025 - EXR Stock was down 9.6%

• EXR experienced a bearish movement today due to its Q2 Core FFO missing estimates, despite beating revenue expectations.
• The discrepancy between FFO and revenue performance suggests that rising expenses offset the gains from increased occupancy growth.
• Investors may have reacted negatively to the lower-than-expected FFO, indicating concerns about the company's ability to effectively manage its expenses and maintain profitability.
• The market movement could be a reflection of investor sentiment regarding EXR's operational efficiency and cost management strategies, prompting a reevaluation of the stock's future prospects.

12.05.2024 - EXR Stock was up 6.3%

• Analysts have expressed varied viewpoints on Extra Space Storage, with some showing optimism about the stock.
• This optimistic outlook from analysts might have influenced the significant upward movement in EXR's stock price today.
• Investors seem to be responding favorably to the company's growth opportunities and performance outlook, leading to the upward trend in the stock.

14.02.2024 - EXR Stock was down 5.1%

• Concerns about reduced new customer rates potentially affecting revenue growth could be driving the bearish movement in EXR stock.
• The company's borrowing costs may have been negatively influenced by high interest rates, contributing to the current downward trend.
• Despite its positive qualities, investors seem to be exercising caution in the face of uncertain economic conditions, leading to a sell-off in EXR shares.

30.09.2025 - EXR Stock was down 7.0%

• The bearish movement in EXR today can be attributed to the market's reaction to the company's Q3 earnings report.
• Despite beating FFO estimates, the lower-than-expected revenue and concerns about rising competition and discounting impacting margins and FFO may have spooked investors.
• The market may be pricing in potential challenges ahead for Extra Space Storage, leading to the bearish movement in the stock today.
• Investors might be taking a cautious stance on EXR until there is more clarity on how the company plans to address the competitive pressures and maintain its growth trajectory.

04.07.2023 - EXR Stock was down 6.2%

• The bearish movement in EXR today can be attributed to the following factors:
• 1. Missed Q2 FFO and Revenue Estimates: The company reported lower-than-expected FFO and revenue for the second quarter, indicating potential challenges in its financial performance.
• 2. Declining Q2 Profit: Extra Space Storage's net income for the second quarter was down compared to the previous year, suggesting a potential decrease in profitability.
• 3. Pricing Pressure and Vacating Volumes: Anticipated rise in vacating volumes leading to pricing pressure might have impacted the company's performance, contributing to the bearish market movement.
• 4. Long-Term Performance: Despite the bearish movement today, Extra Space Storage has shown strong long-term performance, outperforming the market over the past 15 years. However, this may not have been enough to offset the negative sentiment surrounding its recent financial results.
• Overall, the bearish movement in EXR today can be attributed to the company's missed estimates, declining profit, pricing pressure, and potential challenges in its financial performance.

26.01.2025 - EXR Stock was down 2.4%

• EXR beat Q4 FFO estimates, indicating strong financial performance for the quarter.
• Despite the positive earnings surprise, concerns about lower new customer rates may have contributed to the bearish market movement.
• Investors might be focusing more on the potential impact of the lower new customer rates rather than the positive earnings beat, leading to the downward pressure on the stock.
• The market sentiment could be cautious as investors await further clarity on how EXR plans to address the challenges related to new customer rates in the upcoming quarters.

26.01.2025 - EXR Stock was down 5.1%

• Despite beating Q4 FFO estimates and showing growth in occupancy, EXR experienced a bearish movement, possibly due to concerns over lower same-store NOI impacting its overall performance.
• The market may have reacted negatively to the lower new customer rates, which could signal potential challenges in revenue growth for Extra Space Storage.
• Investors might be cautious about EXR's outlook, as highlighted in discussions on Wall Street estimates for key metrics, leading to a sell-off of the stock despite the positive earnings surprises.

31.06.2025 - EXR Stock was down 8.3%

• There was a downward movement in Extra Space Storage (EXR) stock today.
• Q2 FFO and revenue figures fell slightly short of expectations, hinting at possible performance hurdles.
• Although revenue was anticipated to rise due to acquisitions and scaling, the stable FFO per share might not have met investors' expectations.
• Market response may be linked to worries about the company's capacity to meet earnings forecasts and maintain growth going forward.

30.09.2025 - EXR Stock was down 5.9%

• EXR reported Q3 Core FFO that beat estimates, indicating strong performance in terms of funds from operations.
• However, revenues lagged behind expectations, which could have contributed to the bearish movement in the stock.
• Rising expenses and interest costs may have weighed on investors' sentiment, overshadowing the positive FFO results.
• The market may be concerned about the impact of rising competition and discounting on EXR's margins and FFO, leading to the bearish trend in the stock price.