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Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
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In 20 years, this little-known trader didn’t have a single losing year… (Ad)
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The 3-Stock Retirement Blueprint (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
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S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
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In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
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In 20 years, this little-known trader didn’t have a single losing year… (Ad)
MarketBeat: Week in Review 9/26 – 9/30
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Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
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S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
EV Battery Maker Freyr Set For Major Global Expansion
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Russia accused of 'kidnapping' head of Ukraine nuclear plant
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
MarketBeat: Week in Review 9/26 – 9/30
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
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Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
Montana site fouled by copper smelter to get final cleanup
NYSE:LSI

Life Storage - LSI Stock Forecast, Price & News

$110.76
+1.95 (+1.79%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$109.46
$111.54
50-Day Range
$107.88
$138.00
52-Week Range
$100.66
$154.45
Volume
720,467 shs
Average Volume
640,842 shs
Market Capitalization
$9.35 billion
P/E Ratio
29.46
Dividend Yield
3.97%
Price Target
$144.36

Life Storage MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.3% Upside
$144.36 Price Target
Short Interest
Healthy
2.14% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.10mentions of Life Storage in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$661,874 Sold Last Quarter
Proj. Earnings Growth
9.08%
From $6.39 to $6.97 Per Share

Overall MarketRank

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

2.89 out of 5 stars

Finance Sector

184th out of 926 stocks

Real Estate Investment Trusts Industry

39th out of 197 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 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry.

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LSI Stock News Headlines

LSI Life Storage, Inc.
Life Storage, Inc. (LSI)
Life Storage (NYSE:LSI) PT Lowered to $135.00 at Evercore ISI
Life Storage (NYSE:LSI) Price Target Cut to $135.00
Life Storage Inc (NYSE: LSI)
Should You Invest in Life Storage Right Now?
What 7 Analyst Ratings Have To Say About Life Storage
CEO Of Life Storage Sold $661K In Stock
Life Storage: Dividend Raises In Store
Life Storage (LSI) Beats Q2 FFO and Revenue Estimates
Life Storage, Inc. Reports Second Quarter 2022 Results
Should You Buy Life Storage (LSI) Ahead of Earnings?
See More Headlines
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LSI Company Calendar

Ex-Dividend for 7/26 Dividend
7/14/2022
Dividend Payable
7/26/2022
Last Earnings
8/03/2022
Today
10/01/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
84610H10
Employees
2,241
Year Founded
2011

Price Target and Rating

Average Stock Price Forecast
$144.36
High Stock Price Forecast
$186.00
Low Stock Price Forecast
$127.00
Forecasted Upside/Downside
+30.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$249.32 million
Pretax Margin
33.65%

Debt

Sales & Book Value

Annual Sales
$788.57 million
Cash Flow
$5.01 per share
Book Value
$41.20 per share

Miscellaneous

Free Float
83,963,000
Market Cap
$9.35 billion
Optionable
Optionable
Beta
0.59

Key Executives

  • Mr. Joseph V. SaffireMr. Joseph V. Saffire (Age 52)
    CEO & Director
    Comp: $1.77M
  • Mr. Andrew J. Gregoire CPA (Age 54)
    CFO & Sec.
    Comp: $1.17M
  • Mr. David Dodman (Age 48)
    Chief Operating Officer
  • Ms. Kate White (Age 45)
    Sr. VP of HR & Corp. Communications
  • John Rogers
    VP of Bus. Devel.
  • Christopher Laczi
    VP of Marketing
  • Ms. Jennifer Kozub
    Director of HR
  • Mr. Michael Rogers
    Sr. VP of Real Estate
  • Mr. Randy Hillman
    Regional VP
  • Mr. David W. Paolini
    VP of Revenue Management













LSI Stock - Frequently Asked Questions

Should I buy or sell Life Storage stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LSI shares.
View LSI analyst ratings
or view top-rated stocks.

What is Life Storage's stock price forecast for 2022?

10 brokerages have issued 12 month price targets for Life Storage's shares. Their LSI share price forecasts range from $127.00 to $186.00. On average, they expect the company's stock price to reach $144.36 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price.
View analysts price targets for LSI
or view top-rated stocks among Wall Street analysts.

How have LSI shares performed in 2022?

Life Storage's stock was trading at $153.18 at the beginning of the year. Since then, LSI shares have decreased by 27.7% and is now trading at $110.76.
View the best growth stocks for 2022 here
.

When is Life Storage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our LSI earnings forecast
.

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) issued its quarterly earnings results on Wednesday, August, 3rd. The real estate investment trust reported $1.09 EPS for the quarter, missing the consensus estimate of $1.53 by $0.44. Life Storage had a trailing twelve-month return on equity of 9.20% and a net margin of 33.90%. During the same quarter in the previous year, the firm earned $1.20 earnings per share.

How often does Life Storage pay dividends? What is the dividend yield for Life Storage?

Life Storage declared a quarterly dividend on Wednesday, July 6th. Stockholders of record on Friday, July 15th will be paid a dividend of $1.08 per share on Tuesday, July 26th. This represents a $4.32 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Thursday, July 14th. This is a boost from the stock's previous quarterly dividend of $1.00.
Read our dividend analysis for LSI
.

Is Life Storage a good dividend stock?

Life Storage (NYSE:LSI) pays an annual dividend of $4.32 per share and currently has a dividend yield of 3.97%. LSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 114.89%. 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 61.98% 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 the morning of Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly issued shares were payable 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 guidance has Life Storage issued on next quarter's earnings?

Life Storage updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $1.62-$1.66 for the period. The company issued revenue guidance of -.

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."

How do I buy shares of Life Storage?

Shares of LSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Life Storage's stock price today?

One share of LSI stock can currently be purchased for approximately $110.76.

How much money does Life Storage make?

Life Storage (NYSE:LSI) has a market capitalization of $9.35 billion and generates $788.57 million in revenue each year. The real estate investment trust earns $249.32 million in net income (profit) each year or $3.76 on an earnings per share basis.

How many employees does Life Storage have?

The company employs 2,241 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 (855) 608-1334 or via fax at 800-800-3456.

This page (NYSE:LSI) was last updated on 10/1/2022 by MarketBeat.com Staff

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