Extra Space Storage's 15min chart triggers Bollinger Bands Narrowing, KDJ Death Cross.

Extra Space Storage's 15-minute chart has exhibited Bollinger Bands Narrowing, in conjunction with a KDJ Death Cross at 10:00 AM on October 20, 2025. This indicates a decrease in the magnitude of stock price fluctuations, as well as a shift in momentum towards the downside, which may result in further decreases.

Extra Space Storage (EXR), a leading self-storage real estate investment trust (REIT) in the United States, is set to release its second-quarter 2025 earnings report on July 30, after market close. The company's quarterly results are anticipated to reflect a year-over-year rise in revenues, with no change in funds from operations (FFO) per share, according to Extra Space Storage to Report Q2.

In the previous quarter, EXR delivered a surprise of 2.04% in terms of core FFO per share, driven by higher revenues due to increased occupancy. However, high interest expenses during the quarter posed a challenge, the article noted. Over the trailing four quarters, the company has consistently outperformed the Zacks Consensus Estimate, with an average surprise of 1.88%, the article observed.

The company's focus on high brand value, significant scale, and geographical diversity through accretive acquisitions is expected to have contributed to higher revenue generation in the second quarter. The self-storage asset category, being need-based and recession-resilient, is likely to have bolstered EXR's top-line growth, the article added.

The Zacks Consensus Estimate for quarterly property rental revenues is $716.45 million, indicating a 3.1% year-over-year increase. Revenues from tenant insurance are projected to be $86.35 million, up from $83.71 million in the year-ago period. Management and franchise fees are expected to be $31.52 million, a marginal increase from $29.86 million in the previous period, the article indicated.

However, EXR operates in a highly competitive market, with intense competition from numerous operators. This has fueled competition, affecting its ability to raise rents and turn on more discounting, potentially impacting its second-quarter earnings. Additionally, high-interest expenses are expected to have cast a pall on the company's performance, the article warned.

The Zacks Consensus Estimate for the quarterly core FFO per share has remained unchanged at $2.06 over the past two months, indicating no change compared to the year-ago reported figure, the article noted.

Technical Analysis Insight

Extra Space Storage's 15-minute chart has exhibited Bollinger Bands Narrowing, in conjunction with a KDJ Death Cross at 10:00 AM on October 20, 2025. This indicates a decrease in the magnitude of stock price fluctuations, as well as a shift in momentum towards the downside, which may result in further decreases .