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GOOGL   131.11 (+0.66%)
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NVDA   422.22 (+1.47%)
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AMD   97.38 (+1.23%)
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AMZN   131.27 (+1.67%)
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NVDA   422.22 (+1.47%)
NIO   8.35 (-2.11%)
BABA   87.22 (-1.22%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.58 (+1.21%)
MU   68.58 (-0.44%)
CGC   0.94 (+12.26%)
GE   111.72 (+0.42%)
DIS   81.01 (-0.30%)
AMC   8.14 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
NFLX   384.80 (+1.31%)
NYSE:LSI

Life Storage (LSI) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
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
$128.63

Life Storage MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
3.4% Downside
$128.63 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

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Real Estate Sector

4th out of 4 stocks

REIT—Industrial Industry

1st out of 1 stocks


LSI stock logo

About Life Storage (NYSE:LSI) Stock

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

Advisor to FBI: Sell META now
Stocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.
Public Storage: Not Storing Here
Advisor to FBI: Sell META now
Stocks just keep going up. But all isn’t what it seems, according to an FBI and Pentagon advisor. Find out what he knows, here.
Centerspace announces mixed shelf offering
See More Headlines
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LSI Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 7/19 Dividend
7/12/2023
Dividend Payable
7/19/2023
Today
9/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$128.63
High Stock Price Forecast
$154.00
Low Stock Price Forecast
$97.00
Forecasted Upside/Downside
-3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 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 - 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
.

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

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