NYSE:LSI Life Storage - LSI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $125.45 +2.54 (+2.07%) (As of 03/24/2023 08:51 PM ET) Add Compare Share Share Today's Range$122.40▼$125.6850-Day Range$101.08▼$128.5752-Week Range$94.02▼$151.76Volume1.24 million shsAverage Volume1.11 million shsMarket Capitalization$10.67 billionP/E Ratio29.66Dividend Yield3.83%Price Target$127.60 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Life Storage MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside1.7% Upside$127.60 Price TargetShort InterestHealthy1.73% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.16Upright™ Environmental ScoreNews Sentiment0.66Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth6.77%From $6.94 to $7.41 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.2.17 out of 5 starsFinance Sector637th out of 884 stocksReal Estate Investment Trusts Industry137th out of 189 stocks 1.1 Analyst's Opinion Consensus RatingLife Storage has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $127.60, Life Storage has a forecasted upside of 1.7% from its current price of $125.45.Amount of Analyst CoverageLife Storage has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.73% of the outstanding shares of Life Storage have been sold short.Short Interest Ratio / Days to CoverLife Storage has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Life Storage has recently decreased by 5.77%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipLife Storage is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLife Storage has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Life Storage is 113.48%. 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 64.78% 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 2.6 News and Social Media Coverage News SentimentLife Storage has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Life Storage this week, compared to 3 articles on an average week.Search Interest24 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 4 people have added Life Storage to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% 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 0.50% of the stock of Life Storage is held by insiders.Percentage Held by Institutions89.61% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Life Storage are expected to grow by 6.77% in the coming year, from $6.94 to $7.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Life Storage is 29.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Life Storage is 29.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 135.32.Price to Book Value per Share RatioLife Storage has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued 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 real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.Read More 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 Stock News HeadlinesMarch 13, 2023 | marketbeat.comLook To REITs For Reliable Yield Even In Recessionary Environment (LSI)While office REITs underperform, tailwinds are helping categories including self-storage, entertainment, apartments, industrial spaces, and cell towers.March 27, 2023 | americanbankingnews.comLife Storage (NYSE:LSI) Coverage Initiated by Analysts at StockNews.comMarch 27, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 26, 2023 | americanbankingnews.comBrokerages Set Life Storage, Inc. (NYSE:LSI) Price Target at $127.60March 21, 2023 | markets.businessinsider.comRaymond James Remains a Buy on Life Storage (LSI)March 21, 2023 | americanbankingnews.comLife Storage (NYSE:LSI) Price Target Increased to $140.00 by Analysts at Raymond JamesMarch 21, 2023 | americanbankingnews.comLife Storage (NYSE:LSI) Now Covered by StockNews.comMarch 17, 2023 | seekingalpha.comLife Storage gains after amending severance plan for change in control amid Public Storage offerMarch 27, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 17, 2023 | finance.yahoo.com2 Great Stocks to Buy and Hold in a Turbulent Stock MarketMarch 17, 2023 | americanbankingnews.comLife Storage, Inc. (NYSE:LSI) Short Interest UpdateMarch 16, 2023 | benzinga.comWill Investors Notice Exciting Sign On Life Storage's Chart?March 16, 2023 | seekingalpha.comLife Storage: Merger Play Not Worth ItMarch 11, 2023 | finance.yahoo.comPublic Storage Makes an Aggressive Move to Acquire Life StorageMarch 11, 2023 | benzinga.comLife Storage Stock (NYSE:LSI), Analyst Ratings, Price Targets, PredictionsMarch 9, 2023 | msn.comTruist Securities Maintains Hold Rating for Life Storage: Here's What You Need To KnowMarch 3, 2023 | seekingalpha.comLife Storage cancels from Citi property conference next week amid Public Storage bid (update)March 3, 2023 | msn.comLife Storage cancels from Citi property conference next week amid Public Storage bidMarch 2, 2023 | msn.comWhy Investors Need to Consider the Unusual Options Volume for Life Storage (LSI)February 27, 2023 | finance.yahoo.comShould You Be Adding Life Storage (NYSE:LSI) To Your Watchlist Today?February 26, 2023 | seekingalpha.comLife Storage, Inc. (LSI) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comQ4 2022 Life Storage Inc Earnings CallFebruary 24, 2023 | finance.yahoo.comLife Storage Publishes Investor Presentation Regarding Unsolicited Proposal from Public StorageFebruary 23, 2023 | markets.businessinsider.comLife Storage Inc. Bottom Line Rises In Q4, Beats estimatesFebruary 23, 2023 | finance.yahoo.comLife Storage, Inc. Reports Fourth Quarter and Full Year 2022 ResultsFebruary 19, 2023 | msn.comPublic Storage has room to raise its Life Storage offer - analystFebruary 16, 2023 | finance.yahoo.comLife Storage Board of Directors Unanimously Rejects Unsolicited Proposal from Public StorageSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/26 Dividend1/12/2023Dividend Payable1/26/2023Today3/26/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LSI CUSIP84610H10 CIK944314 Webwww.lifestorage.com Phone(716) 633-1850Fax800-800-3456Employees2,508Year Founded2011Price Target and Rating Average Stock Price Forecast$127.60 High Stock Price Forecast$154.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside+1.7%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.23 Trailing P/E Ratio29.66 Forward P/E Ratio18.08 P/E GrowthN/ANet Income$358.13 million Net Margins34.50% Pretax Margin34.41% Return on Equity10.06% Return on Assets5.05% Debt Debt-to-Equity Ratio0.93 Current Ratio0.34 Quick Ratio0.34 Sales & Book Value Annual Sales$1.04 billion Price / Sales10.28 Cash Flow$6.69 per share Price / Cash Flow18.76 Book Value$42.68 per share Price / Book2.94Miscellaneous Outstanding Shares85,060,000Free Float84,637,000Market Cap$10.67 billion OptionableOptionable Beta0.63 Key ExecutivesJoseph V. SaffireChief Executive Officer & DirectorDavid DodmanChief Operating OfficerAlexander E. GressChief Financial OfficerKate WhiteSVP-Human Resources & Corporate CommunicationsBrent MaedlHead-Investor RelationsKey CompetitorsCubeSmartNYSE:CUBEHealthcare Realty TrustNYSE:HROmega Healthcare InvestorsNYSE:OHIRyman Hospitality PropertiesNYSE:RHPMedical Properties TrustNYSE:MPWView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 1,563 shares on 2/28/2023Ownership: 0.095%Cascade Investment Group Inc.Bought 4,180 shares on 2/27/2023Ownership: 0.005%ST Germain D J Co. Inc.Bought 280 shares on 2/27/2023Ownership: 0.000%NatixisBought 107,800 shares on 2/24/2023Ownership: 0.202%Teachers Retirement System of The State of KentuckyBought 1,000 shares on 2/22/2023Ownership: 0.045%View All Insider TransactionsView All Institutional Transactions 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 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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? 10 brokers have issued 12-month price targets for Life Storage's shares. Their LSI share price forecasts range from $97.00 to $154.00. On average, they expect the company's stock price to reach $127.60 in the next year. This suggests a possible upside of 1.7% 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 2023? Life Storage's stock was trading at $98.50 at the start of the year. Since then, LSI shares have increased by 27.4% and is now trading at $125.45. View the best growth stocks for 2023 here. Are investors shorting Life Storage? Life Storage saw a drop in short interest in February. As of February 28th, there was short interest totaling 1,470,000 shares, a drop of 5.8% from the February 13th total of 1,560,000 shares. Based on an average trading volume of 956,000 shares, the short-interest ratio is presently 1.5 days. View Life Storage's Short Interest. When is Life Storage's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our LSI earnings forecast. How were Life Storage's earnings last quarter? Life Storage, Inc. (NYSE:LSI) issued its quarterly earnings data 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 trailing twelve-month return on equity of 10.06% and a net margin of 34.50%. During the same period in the previous year, the business earned $1.20 EPS. How often does Life Storage pay dividends? What is the dividend yield for Life Storage? Life Storage announced a quarterly dividend on Tuesday, January 3rd. Stockholders of record on Friday, January 13th will be paid a dividend of $1.20 per share on Thursday, January 26th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date is Thursday, January 12th. This is a boost from the stock's previous quarterly dividend of $1.08. 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 Janus Henderson U.S. Real Estate ETF (JRE), Nuveen Short-Term REIT ETF (NURE), Pacer Industrial Real Estate ETF (INDS), Invesco Real Assets ESG ETF (IVRA), ALPS Active REIT ETF (REIT), iShares Residential and Multisector Real Estate ETF (REZ), Inspire Faithward Mid Cap Momentum ETF (GLRY) and JPMorgan Realty Income ETF (JPRE). Is Life Storage a good dividend stock? Life Storage (NYSE:LSI) pays an annual dividend of $4.80 per share and currently has a dividend yield of 3.91%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.48%. 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 64.78% 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's stock split on the morning of Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly minted 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 issued an update on its first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $1.55-$1.59 for the period, compared to the consensus EPS estimate of $1.60. 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." Who are Life Storage's major shareholders? Life Storage's stock is owned by a variety of institutional and retail investors. Top institutional investors include Norges Bank (3.53%), Centersquare Investment Management LLC (2.18%), Geode Capital Management LLC (1.68%), Cbre Investment Management Listed Real Assets LLC (1.54%), Dimensional Fund Advisors LP (1.36%) and Macquarie Group Ltd. (1.22%). Insiders that own company stock include Andrew J Gregoire, Andrew J Gregoire, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, Edward F Killeen, Joseph Saffire and Stephen R Rusmisel. View institutional ownership trends. 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 $125.45. How much money does Life Storage make? Life Storage (NYSE:LSI) has a market capitalization of $10.67 billion and generates $1.04 billion in revenue each year. The real estate investment trust earns $358.13 million in net income (profit) each year or $4.23 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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