Extra Space Storage Inc.·Real Estate

SALT LAKE CITY, May 20, 2026 /PRNewswire/ -- At the Extra Space Storage Inc. (NYSE: EXR) ("Extra Space") 2026 Annual Meeting of Shareholders, on May 14, 2026, Crystal Call Maggelet and RJ Pittman were elected to the board of directors. The addition of these new board members reflects Extra Space's ongoing commitment to regular board refreshment and the integration of high-caliber leadership with expertise in real estate, retail operations strategy, and technological innovation.

BLUF: Extra Space Storage closed Q1 2026 with core FFO of $2.04 per share, up 2% year over year, and reaffirmed full-year guidance of $8.05–$8.35. The headline most income readers will track is the $1.62 quarterly dividend.

SALT LAKE CITY, May 15, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2026 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on June 30, 2026, to stockholders of record at the close of business on June 15, 2026.

U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.

Core FFO: $2.04 per share, up 2% year-over-year.Same-Store Revenue Growth: 1.7%, exceeding internal projections.Same-Store Occupancy: 93%, compared to 93.2% in

Extra Space Storage Inc. (EXR) Q1 2026 Earnings Call Transcript
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Real Estate
REIT - Industrial
8,012
2004-08-16
1.23