NYSE:LSI Life Storage (LSI) Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$132.94▼$139.2050-Day Range$126.63▼$139.8952-Week Range$94.02▼$146.66Volume7.21 million shsAverage Volume1.06 million shsMarket Capitalization$11.33 billionP/E Ratio30.88Dividend Yield2.70%Price Target$128.63 ProfileProfileAnalyst RatingsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Life Storage MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside3.4% Downside$128.63 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainability-1.16Upright™ Environmental ScoreNews Sentiment1.01Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth7.58%From $6.86 to $7.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.68 out of 5 starsReal Estate Sector4th out of 4 stocksREIT—Industrial Industry1st out of 1 stocks 1.1 Analyst's Opinion Consensus RatingLife Storage has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.63, Life Storage has a forecasted downside of 3.4% from its current price of $133.10.Amount of Analyst CoverageLife Storage has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LSI. Previous Next 1.7 Dividend Strength Dividend YieldLife Storage pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLife Storage does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Life Storage is 83.53%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Life Storage will have a dividend payout ratio of 48.78% next year. This indicates that Life Storage will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLife Storage has received a 24.98% net impact score from Upright. Life Storage seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Storage services" product. See details.Environmental SustainabilityThe Environmental Impact score for Life Storage is -1.16. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Life Storage this week, compared to 5 articles on an average week.Search Interest2 people have searched for LSI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Life Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Life Storage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.40% of the stock of Life Storage is held by insiders.Percentage Held by Institutions90.28% of the stock of Life Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Life Storage are expected to grow by 7.58% in the coming year, from $6.86 to $7.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Life Storage is 30.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Life Storage is 30.88, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 132.59.Price to Book Value per Share RatioLife Storage has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Life Storage (NYSE:LSI) StockLife Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 1,200 storage facilities in 37 states and the District of Columbia. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to more than 690,000 customers, making it a leader in the industry.Read More LSI Stock News HeadlinesSeptember 25, 2023 | forbes.comThe Quality Of Life Changes ‘Starfield’ Needs SoonSeptember 21, 2023 | news.yahoo.comLooking for some home energy storage? You’ve never had so many choicesSeptember 25, 2023 | Altimetry (Ad)Advisor to FBI: Sell META nowStocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.September 21, 2023 | bizjournals.comWork advances on billion-dollar life sciences campus in Morrisville (Photos)September 21, 2023 | msn.comExtra Space Storage reiterated at Underweight by Morgan StanleySeptember 18, 2023 | news.yahoo.comPawtucket follows Providence in trying to limit self-storage. Is this a new trend?September 11, 2023 | bizjournals.comFormer Life Storage subsidiary becomes its own private, local companySeptember 8, 2023 | msn.comPublic Storage: Not Storing HereSeptember 25, 2023 | Altimetry (Ad)Advisor to FBI: Sell META nowStocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.September 6, 2023 | msn.comPublic Storage unveils new insurance programme for self-storage industrySeptember 5, 2023 | news.yahoo.comYoungstown denied grant for Cold Storage building demolitionSeptember 4, 2023 | msn.comCenterspace announces mixed shelf offeringSeptember 2, 2023 | news.yahoo.comAmerica’s largest storage company is adding a surprising change to its facilities: ‘There’s no better place’August 31, 2023 | msn.comPickup trucks used to steal from Cleveland Life Storage units, police sayAugust 17, 2023 | benzinga.comCisco, Children's Place, LSI Industries And Other Big Stocks Moving Higher On ThursdayAugust 3, 2023 | bizjournals.comDenver-based developer secures construction financing for new Space Coast projectAugust 3, 2023 | yahoo.comSpace savvy: 7 sophisticated storage solutions to streamline a spaceAugust 1, 2023 | news.yahoo.comSelf-storage is gobbling up Providence; the City Council should be praised for saying no moreAugust 1, 2023 | forbes.comThe 7 Best Storage Bins To Keep Your Space Organized And Clutter-FreeJuly 24, 2023 | bizjournals.comLife Storage files amended WARN notice to lay off more of its Buffalo-area workforceJuly 24, 2023 | finanznachrichten.deExtra Space Storage Inc.: Extra Space Announces Expiration and Final Results of Exchange Offers and Consent SolicitationsJuly 24, 2023 | finance.yahoo.comExtra Space Announces Expiration and Final Results of Exchange Offers and Consent SolicitationsJuly 21, 2023 | cnbc.comExtra Space Storage CEO on Life Storage merger: Significant synergies we can unlock from this dealJuly 19, 2023 | finanznachrichten.deExtra Space Storage Inc.: Extra Space and Life Storage Stockholders Approve MergerJuly 18, 2023 | bizjournals.comLife Storage merger approved at stockholder meetingsJuly 12, 2023 | bizjournals.comLife Storage mourns death of Alex Gress, names new CFOJuly 12, 2023 | marketwatch.comLife Storage Says Chief Financial Officer Alexander Gress Has DiedSee More Headlines Receive LSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Life Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address LSI Company Calendar Last Earnings8/03/2022Ex-Dividend for 7/19 Dividend7/12/2023Dividend Payable7/19/2023Today9/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry REIT—Industrial Sub-IndustrySpecialized REITs SectorReal Estate Current SymbolNYSE:LSI CUSIP84610H10 CIK944314 Webwww.lifestorage.com Phone(716) 633-1850Fax800-800-3456Employees2,508Year Founded2011Price Target and Rating Average Stock Price Forecast$128.63 High Stock Price Forecast$154.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside-3.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.31 Trailing P/E Ratio30.88 Forward P/E Ratio19.40 P/E GrowthN/ANet Income$358.13 million Net Margins33.96% Pretax Margin33.90% Return on Equity10.43% Return on Assets5.16% Debt Debt-to-Equity Ratio0.95 Current Ratio0.42 Quick Ratio0.42 Sales & Book Value Annual Sales$1.03 billion Price / Sales11.01 Cash Flow$6.23 per share Price / Cash Flow21.35 Book Value$42.68 per share Price / Book3.12Miscellaneous Outstanding Shares85,090,000Free Float84,665,000Market Cap$11.33 billion OptionableOptionable Beta0.65 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Joseph V. Saffire (Age 53)CEO & Director Comp: $2.08MMr. David Dodman (Age 49)COO, CFO & Sec. Comp: $985.03kBrent MaedlMang. of Investor RelationsMs. Kate White (Age 46)Sr. VP of HR & Corp. Communications John RogersVP of Bus. Devel.Christopher LacziVP of MarketingMr. Michael RogersSr. VP of Real EstateMr. Randy HillmanRegional VPMr. David W. PaoliniVP of Revenue ManagementMr. Jeffrey O'DonnellVP of Information TechnologyMore ExecutivesKey CompetitorsNational Storage Affiliates TrustNYSE:NSAStarwood Property TrustNYSE:STWDPublic StorageNYSE:PSACorporate Office Properties TrustNYSE:OFCMacerichNYSE:MACView All CompetitorsInsiders & InstitutionsDavidson Kempner Capital Management LPBought 151,133 shares on 9/12/2023Ownership: 0.178%Alberta Investment Management CorpBought 10,088 shares on 8/24/2023Ownership: 0.012%Wolverine Trading LLCSold 20,200 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 86,110 shares on 8/22/2023Ownership: 0.101%BOKF NASold 492 shares on 8/21/2023Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions LSI Stock - Frequently Asked Questions Should I buy or sell Life Storage stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LSI, but not buy additional shares or sell existing shares. View LSI analyst ratings or view top-rated stocks. What is Life Storage's stock price forecast for 2023? 8 brokers have issued twelve-month price objectives for Life Storage's shares. Their LSI share price forecasts range from $97.00 to $154.00. On average, they predict the company's stock price to reach $128.63 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View analysts price targets for LSI or view top-rated stocks among Wall Street analysts. How were Life Storage's earnings last quarter? Life Storage, Inc. (NYSE:LSI) issued its earnings results on Wednesday, August, 3rd. The real estate investment trust reported $1.09 EPS for the quarter, missing analysts' consensus estimates of $1.53 by $0.44. Life Storage had a net margin of 33.96% and a trailing twelve-month return on equity of 10.43%. During the same quarter in the prior year, the business earned $1.20 EPS. How often does Life Storage pay dividends? What is the dividend yield for Life Storage? Life Storage declared a quarterly dividend on Monday, July 3rd. Shareholders of record on Thursday, July 13th will be paid a dividend of $0.90 per share on Wednesday, July 19th. This represents a $3.60 annualized dividend and a yield of 2.70%. The ex-dividend date is Wednesday, July 12th. Read our dividend analysis for LSI. What ETFs hold Life Storage's stock? ETFs with the largest weight of Life Storage (NYSE:LSI) stock in their portfolio include Pacer Industrial Real Estate ETF (INDS), AltShares Merger Arbitrage ETF (ARB), Thrivent Small-Mid Cap ESG ETF (TSME), Vanguard Real Estate Index Fund (VNQ), IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM), Vanguard S&P Mid-Cap 400 Growth ETF (IVOG), Vanguard S&P Mid-Cap 400 ETF (IVOO) and Vanguard Small-Cap Value ETF (VBR). Is Life Storage a good dividend stock? Life Storage (NYSE:LSI) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.61%. The dividend payout ratio is 83.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LSI will have a dividend payout ratio of 48.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LSI. When did Life Storage's stock split? Life Storage shares split on Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly issued shares were distributed to shareholders after the closing bell on Wednesday, January 27th 2021. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is Joseph Saffire's approval rating as Life Storage's CEO? 17 employees have rated Life Storage Chief Executive Officer Joseph Saffire on Glassdoor.com. Joseph Saffire has an approval rating of 67% among the company's employees. What other stocks do shareholders of Life Storage own? Based on aggregate information from My MarketBeat watchlists, some companies that other Life Storage investors own include Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Home Depot (HD), Verizon Communications (VZ), AT&T (T), QUALCOMM (QCOM), Cisco Systems (CSCO), Extra Space Storage (EXR) and Lockheed Martin (LMT). What is Life Storage's stock symbol? Life Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "LSI." Who are Life Storage's major shareholders? Life Storage's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.36%), State Street Corp (5.50%), JPMorgan Chase & Co. (2.00%), Geode Capital Management LLC (1.78%), Dimensional Fund Advisors LP (1.42%) and Alpine Associates Management Inc. (1.22%). Insiders that own company stock include Andrew J Gregoire, Andrew J Gregoire, Arthur L Havener Jr, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, Edward F Killeen, Joseph Saffire and Stephen R Rusmisel. View institutional ownership trends. What is Life Storage's stock price today? One share of LSI stock can currently be purchased for approximately $133.10. How much money does Life Storage make? Life Storage (NYSE:LSI) has a market capitalization of $11.33 billion and generates $1.03 billion in revenue each year. The real estate investment trust earns $358.13 million in net income (profit) each year or $4.31 on an earnings per share basis. How many employees does Life Storage have? The company employs 2,508 workers across the globe. How can I contact Life Storage? Life Storage's mailing address is 6467 Main Street, Williamsville NY, 14221. The official website for the company is www.lifestorage.com. The real estate investment trust can be reached via phone at (716) 633-1850 or via fax at 800-800-3456. This page (NYSE:LSI) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Life Storage, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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