Extra Space Storage (EXR) reported a 2.5% increase in core funds from operations (FFO) for Q4 2025 and a 1.1% full-year growth, despite challenging market conditions, driven by strategic share repurchases and acquisitions. The company projects 2026 same-store revenue growth to be between -0.5% and 1.5% and core FFO per share between $8.05 and $8.35. While EXR shows strong profitability and market position, its Altman Z-Score indicates potential financial instability and a high dividend payout ratio raises sustainability concerns.
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Extra Space Storage (EXR) Reports Positive Q4 FFO Growth
Extra Space Storage (EXR) reported a 2.5% increase in core funds from operations (FFO) for Q4 2025 and a 1.1% full-year growth, despite challenging market conditions, driven by strategic share repurchases and acquisitions. The company projects 2026 same-store revenue growth to be between -0.5% and 1.5% and core FFO per share between $8.05 and $8.35. While EXR shows strong profitability and market position, its Altman Z-Score indicates potential financial instability and a high dividend payout ratio raises sustainability concerns.