$EXR

Analysts made several rating changes: Truist initiated DigitalOcean as buy, citing AI growth; Citi downgraded Abercrombie & Fitch to neutral; Baird upgraded Synopsys to outperform. Other notable moves include upgrades for SQM, Synopsys, Extra Space Storage, and downgrades for Celsius, Regions, and Novo Nordisk. Bank of America reiterated Nvidia as buy, highlighting strong AI growth.

Extra Space Storage Inc. (EXR) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Extra Space Storage Inc. PHONE (801) 365-4600 2795 East Cottonwood Parkway, Suite 300 Salt Lake City, Utah 84121 www.extraspace.com FOR IMMEDIATE RELEASE Extra Space Storage Inc. Announces Executive Leadership Transition SALT LAKE CITY, August 24, 2026 — Extra Space

Extra Space Storage Inc. (EXR) declared a $1.62 per share dividend for Q3 2025, payable September 30 to shareholders of record on September 15. The company operates 4,179 self-storage properties in the U.S.

Extra Space Storage is advancing the Extra Space Glen Rock project at 161 Harristown Road in Bergen County, after securing construction financing. The 891-unit, 121,384 sq ft, three-story facility will be built on a 1.98-acre site acquired by Shadowbrook Capital in late 2025, with completion expected in 2027. JLL Capital Markets arranged financing; Provident Bank provides the loan.

JLL Capital Markets said Aug. 6 it arranged construction financing for Extra Space Glen Rock, a 121,384 sq ft three-story self-storage project at 161 Harristown Road, Glen Rock. The loan was secured via Provident Bank for borrower Shadowbrook Capital, which acquired the site in late 2025. Extra Space Storage will manage leasing and operations; completion is expected in 2027.

Extra Space Storage (NYSE:EXR) stock was little changed after earnings, down about 0.1% to around $148. The company reported Q2 core FFO per share of $2.15 and raised full-year guidance. Q2 revenue rose to $890.6m and FFO to $457.3m. The article contrasts steady growth expectations with concerns about limited upside and cost risks.

Evercore ISI raised its price target on Extra Space Storage to $152 from $149, according to the note cited in the article. Goldman Sachs also adjusted its target to $160 from $152 while keeping a Neutral rating, the article says.

Strategic Performance Drivers Same-store revenue and NOI acceleration was driven by the company's ability to balance rate and occupancy through sophisticated pricing systems. Management attributes improving fundamentals to steady customer demand and a gradual moderation in new supply across almost all major markets. Operational leverage was enhanced by modest year-over-year declines in same-store expenses, which management describes as sub-inflationary performance.

Extra Space Storage (NYSE: EXR) reported Q2 2026 results for the three and six months ended June 30, 2026. Net income was $1.25 per diluted share (+5.9% YoY) and FFO was $2.07 per diluted share. Core FFO rose 4.9% to $2.15. Same-store NOI grew 3.5% and occupancy was 94.2%. The company paid a $1.62 quarterly dividend.

Extra Space Storage Inc. (EXR) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 q22026ex991earningsrelease.htm EX-99.1 Document Exhibit 99.1 Extra Space Storage Inc. PHONE (801) 365-4600 2795 East Cottonwood Parkway, Suite 300 Salt Lake City, Utah 84121 www.extraspace.com FOR IMMEDIATE RELEASE Extra Space Storage Inc. Reports 2026 Second Quarter Re