Salt Lake City, Utah-based Extra Space Storage (EXR) functions as a self-administered and self-managed REIT that owns and operates over 3,500 self-storage properties. Valued at $32.6 billion by market cap, EXR is the largest operator of self-storage properties in the U.S. that offers customers a wide selection of conveniently located and secure storage units, including boat storage, RV storage, and business storage.
Shares of this leading self-storage REIT have underperformed the broader market over the past year. EXR has gained 8.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 22.8%. In 2025, EXR stock is up 2.8%, compared to SPX’s 4.5% rise on a YTD basis.
