Extra Space Storage Inc (EXR)

NYSE · Real Estate · REIT - Industrial · USA

Extra Space Storage Inc is a large cap company (market value between $10 billion and $200 billion) in the REIT - Industrial industry.

Extra Space Storage is a real estate investment trust that owns, operates, and manages self-storage properties offering month-to-month rental space for personal or business use across multiple states. The company also provides tenant reinsurance, management services for third-party facilities, and bridge lending to self-storage owners.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Extra Space Storage Inc stock.

Our verdict on EXR

Slightly undervalued: intrinsic value $175.60 per share, market price $141.05, margin of safety 19.7% (as of 2026-10-20).

Discounting its cash flows at 9.3% (average of 3 methods) values the shares at $175.60; the price of $141.05 is 20% below that value, and 76% of that value comes from beyond year five.

Leak Score: 46/100 on 10 of 12 signals (On Watch).

ETFs with the most weight in EXR

17 more funds hold it; the full list is part of the paid plan.

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Is EXR undervalued or overvalued?

EXR is slightly undervalued (as of the 2026-10-20 close). Discounting its cash flows at 9.3% (average of 3 methods) values the shares at $175.60; the price of $141.05 is 20% below that value, and 76% of that value comes from beyond year five.

What is the intrinsic value of EXR?

$175.60 per share (as of the 2026-10-20 close), against a market price of $141.05. That is a margin of safety of 19.7%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Extra Space Storage Inc's Leak Score?

46 out of 100, which we rate "On Watch", on 10 of 12 value investing signals.