EXR
Extra Space StorageCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-06-02
Current thesis
Bull case hinges on sustained occupancy gains, same-store revenue growth above consensus, continued operating leverage, and multiple expansion to the low-mid 20%s above current levels.
Posture
Mixed
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta -1.4.
What can break
Localized oversupply from new development
Momentum
46
Value
58
Sentiment
50
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $155.00 · Bull $180.00 · Bear $135.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-01-15 • Model: RankAlpha Sentiment AI
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $151.72
Why
Momentum46 · Δ7d +5.2
Value58 · Δ7d -1.4
Sentiment50 · Δ7d +6.0
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Value · See fundamentals
Momentum
46
34% active weight
Current posture
7d trendImproving
Δ7d
+5.2
Δ21d
+8.5
Value
58
32% active weight
Current posture
7d trendSoftening
Δ7d
-1.4
Δ21d
-
Sentiment
50
33% active weight
Current posture
7d trendImproving
Δ7d
+6.0
Δ21d
+11.6
Why this grade
Composite grade C. Momentum 46.5 / Value 57.7 / Sentiment 50.1
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$30.97B
Beta
1.27
Shares Out
212.25M
P/E (TTM)
29.3
P/S (TTM)
8.33
P/FCF (TTM) · Derived
-59.88
Rev YoY
+4.1%
EPS YoY
-10.8%
Gross Margin
+70.7%
Op Margin
+42.5%
Net Debt
$12.33B
Current Ratio
-
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology