NYSE:LSI - Life Storage Stock Price, Forecast & News

Life Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "LSI."

Life Storage declared a quarterly dividend on Thursday, January 2nd. Stockholders of record on Tuesday, January 14th will be paid a dividend of $1.07 per share on Monday, January 27th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend is Monday, January 13th. This is a boost from Life Storage's previous quarterly dividend of $1.00. View Life Storage's Dividend History.

Life Storage Inc (NYSE:LSI) issued its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.45 by $0.60. The real estate investment trust earned $145.63 million during the quarter, compared to the consensus estimate of $146.77 million. Life Storage had a return on equity of 14.85% and a net margin of 54.38%. The firm's revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.45 earnings per share. View Life Storage's Earnings History.

Life Storage is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Life Storage.

Life Storage issued an update on its FY20 earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $5.93-6.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.78.

7 analysts have issued 12-month price targets for Life Storage's stock. Their forecasts range from $100.00 to $122.00. On average, they anticipate Life Storage's share price to reach $110.29 in the next year. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for Life Storage.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Life Storage.

Media stories about LSI stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Life Storage earned a news impact score of -1.4 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Life Storage.

Some companies that are related to Life Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Life Storage investors own include Intel (INTC), Starbucks (SBUX), Home Depot (HD), Walt Disney (DIS), Verizon Communications (VZ), QUALCOMM (QCOM), AT&T (T), Extra Space Storage (EXR), Cisco Systems (CSCO) and Alphabet (GOOG).

Life Storage's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (1.60%), California Public Employees Retirement System (0.22%), New York State Teachers Retirement System (0.19%), Reinhart Partners Inc. (0.18%), Strs Ohio (0.14%) and Courier Capital LLC (0.11%). Company insiders that own Life Storage stock include Andrew J Gregoire, Arthur L Havener Jr, Charles E Lannon, David L Rogers, Edward F Killeen, Kenneth F Myszka and Robert J Attea. View Institutional Ownership Trends for Life Storage.

LSI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Jaguar Listed Property LLC, California Public Employees Retirement System, Manning & Napier Group LLC, Nisa Investment Advisors LLC, Campbell & CO Investment Adviser LLC, Arizona State Retirement System and Courier Capital LLC. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, Arthur L Havener Jr, Charles E Lannon, David L Rogers and Edward F Killeen. View Insider Buying and Selling for Life Storage.

LSI stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Dupont Capital Management Corp, KAMES CAPITAL plc, State of Alaska Department of Revenue, Virginia Retirement Systems ET AL, Convergence Investment Partners LLC, Strs Ohio and New York State Teachers Retirement System. View Insider Buying and Selling for Life Storage.

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

One share of LSI stock can currently be purchased for approximately $114.82.

Life Storage has a market capitalization of $5.36 billion and generates $550.85 million in revenue each year. The real estate investment trust earns $206.59 million in net income (profit) each year or $5.51 on an earnings per share basis. Life Storage employs 1,953 workers across the globe.View Additional Information About Life Storage.

The official website for Life Storage is http://www.lifestorage.com/.

Life Storage's mailing address is 6467 Main Street, Williamsville NY, 14221. The real estate investment trust can be reached via phone at 716-633-1850.