NYSE:LSI

Life Storage (LSI) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$132.94
$139.20
50-Day Range
$126.63
$139.89
52-Week Range
$94.02
$146.66
Volume
7.21 million shs
Average Volume
1.06 million shs
Market Capitalization
$11.33 billion
P/E Ratio
30.88
Dividend Yield
2.70%
Price Target
$122.00

Life Storage MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
8.3% Downside
$122.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
1.01mentions of Life Storage in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.58%
From $6.86 to $7.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.39 out of 5 stars

Real Estate Sector

3rd out of 3 stocks

REIT—Industrial Industry

1st out of 1 stocks

LSI stock logo

About Life Storage Stock (NYSE:LSI)

Life 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.

LSI Stock News Headlines

Get a lifetime of 1TB cloud storage for $160
5 Biggest Self Storage Companies in the US
See More Headlines
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Company Calendar

Last Earnings
8/03/2022
Today
5/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT—Industrial
Sub-Industry
Specialized REITs
CUSIP
84610H10
Employees
2,508
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$122.00
High Stock Price Target
$122.00
Low Stock Price Target
$122.00
Potential Upside/Downside
-8.3%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$358.13 million
Pretax Margin
33.90%

Debt

Sales & Book Value

Annual Sales
$1.03 billion
Cash Flow
$6.23 per share
Book Value
$42.68 per share

Miscellaneous

Free Float
84,665,000
Market Cap
$11.33 billion
Optionable
Optionable
Beta
0.65
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Key Executives

  • Mr. Joseph V. SaffireMr. Joseph V. Saffire (Age 53)
    CEO & Director
    Comp: $2.08M
  • Mr. David Dodman (Age 49)
    COO, CFO & Sec.
    Comp: $985.03k
  • Brent Maedl
    Mang. of Investor Relations
  • Ms. Kate White (Age 46)
    Sr. VP of HR & Corp. Communications
  • John Rogers
    VP of Bus. Devel.
  • Christopher Laczi
    VP of Marketing
  • Mr. Michael Rogers
    Sr. VP of Real Estate
  • Mr. Randy Hillman
    Regional VP
  • Mr. David W. Paolini
    VP of Revenue Management
  • Mr. Jeffrey O'Donnell
    VP of Information Technology

LSI Stock Analysis - Frequently Asked Questions

What is Life Storage's stock price target for 2024?

0 analysts have issued 12-month price targets for Life Storage's shares. Their LSI share price targets range from $122.00 to $122.00. On average, they expect the company's share price to reach $122.00 in the next twelve months. This suggests that the stock has a possible downside of 8.3%.
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) released its quarterly earnings data on Wednesday, August, 3rd. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate 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 last year, the company posted $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. Stockholders of record on Thursday, July 13th will be given a dividend of $0.90 per share on Wednesday, July 19th. This represents a $3.60 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, July 12th.
Read our dividend analysis for LSI
.

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?

Shares of Life Storage split on the morning of Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly issued shares were issued 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).

Who are Life Storage's major shareholders?

Life Storage's stock is owned by a variety of retail and institutional investors. Top institutional investors include New Mexico Educational Retirement Board (0.02%). Insiders that own company stock include Andrew J Gregoire, Arthur L Havener Jr, David L Rogers, Edward F Killeen, Joseph Saffire and Stephen R Rusmisel.
View institutional ownership trends
.

This page (NYSE:LSI) was last updated on 5/18/2024 by MarketBeat.com Staff

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