Extra Space Storage to release Q2 results on July 28

1 min read     Updated on 01 Jul 2026, 05:46 AM
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AI Summary

Extra Space Storage Inc. will announce its financial results for the quarter ended June 30, 2026, on July 28, 2026. A conference call hosted by CEO Joe Margolis and other executives is scheduled for July 29, 2026, to review performance. The webcast replay will be available later that day.

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Extra Space Storage Inc. announced it will release financial results for the three and six months ended June 30, 2026, on Tuesday, July 28, 2026, after the market closes. The Company will host a conference call on Wednesday, July 29, 2026, at 1:00 p.m. Eastern Time to discuss its financial performance and recent events. The discussion will be led by Joe Margolis, CEO, and joined by Noah Springer, President, and Jeff Norman, Executive Vice President and CFO.

Conference Call Details

The question-and-answer period during the call will be restricted to registered financial analysts, while other participants will have listen-only capability. Interested parties can access the live webcast via the investor relations page of the Company's corporate website at www.extraspace.com . Telephone participants are encouraged to pre-register using a specific link to receive a dial-in number and PIN to avoid delays.

Replay and Availability

A replay of the webcast will be available on the Extra Space Storage Investor Relations website starting July 29, 2026, at 5:00 p.m. ET. The replay will remain accessible for one year following the call. The full text of the earnings report and supplemental data will be available on the investor relations website immediately after the market closes on July 28, 2026.

Key Event Dates

Event Date
Q2 Earnings Release July 28, 2026
Conference Call July 29, 2026
Webcast Replay Available July 29, 2026

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 March 31, 2026, the Company owned and/or operated 4,344 self-storage stores in 42 states and Washington, D.C., comprising approximately 3.0 million units and 335.6 million square feet of rentable space.

What are the expected key performance indicators for Q2 2026, and how might they compare to previous quarters?

How could the current economic conditions impact occupancy rates and rental pricing for Extra Space Storage in the latter half of 2026?

What strategic initiatives or expansions might the company announce during the conference call to drive future growth?

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Extra Space prices $550 million of 4.900% senior notes due 2032

1 min read     Updated on 25 Jun 2026, 02:35 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Extra Space Storage Inc. announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $550 million aggregate principal amount of 4.900% senior notes due 2032. The notes were priced at 99.702% of the principal amount and will mature on February 1, 2032. The offering is expected to close on or about July 6, 2026.

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Extra Space Storage Inc. announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $550 million aggregate principal amount of 4.900% senior notes due 2032. The notes were priced at 99.702% of the principal amount and will mature on February 1, 2032. The offering is expected to close on or about July 6, 2026, subject to the satisfaction of customary closing conditions. The notes will be fully and unconditionally guaranteed by Extra Space and certain of its subsidiaries.

The operating partnership intends to use the net proceeds from this offering to repay amounts outstanding from time to time under its lines of credit and its commercial paper program, and for other general corporate and working capital purposes, including funding potential acquisition opportunities.

Key Details of the Offering

The following table outlines the key financial details of the senior notes:

Metric Details
Aggregate Principal Amount $550 million
Coupon Rate 4.900%
Price 99.702% of principal amount
Maturity Date February 1, 2032
Expected Closing Date July 6, 2026

Wells Fargo Securities, J.P. Morgan, Truist Securities, BMO Capital Markets, BofA Securities, PNC Capital Markets LLC, TD Securities and US Bancorp are acting as the joint book-running managers for the offering. Regions Securities LLC, Citigroup, Huntington Capital Markets, Scotiabank, Zions Capital Markets, BOK Financial Securities, Inc., Fifth Third Securities, Academy Securities and Ramirez & Co., Inc. are acting as the co-managers for the offering.

The notes will be issued pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of March 31, 2026, the company owned and/or operated 4,344 self-storage stores in 42 states and Washington, D.C.

How will the deployment of proceeds into potential acquisitions impact Extra Space Storage's growth strategy in the current self-storage market?

What is the company's strategy for managing interest rate risk given the fixed 4.900% coupon on the new notes versus variable rates on its repaid commercial paper?

Will this debt issuance influence the REIT's future dividend policy or Funds From Operations (FFO) payout ratio?

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