Life Storage Stock Price, News & Analysis (NYSE:LSI)

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

Life Storage declared a quarterly dividend on Tuesday, July 2nd. Stockholders of record on Tuesday, July 16th will be paid a dividend of $1.00 per share on Friday, July 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date of this dividend is Monday, July 15th. View Life Storage's Dividend History.

Life Storage Inc (NYSE:LSI) released its earnings results on Wednesday, July, 31st. The real estate investment trust reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.41 by $0.54. The real estate investment trust earned $145 million during the quarter, compared to analysts' expectations of $142.96 million. Life Storage had a return on equity of 10.21% and a net margin of 37.17%. The business's revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 earnings per share. View Life Storage's Earnings History.

Life Storage is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Life Storage.

Life Storage updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $5.56-5.63 for the period, compared to the Thomson Reuters consensus estimate of $5.59.

8 brokerages have issued 1 year target prices for Life Storage's shares. Their forecasts range from $91.00 to $110.00. On average, they expect Life Storage's stock price to reach $101.50 in the next year. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Life Storage.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Life Storage.

Press coverage about LSI stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Life Storage earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Life Storage.

Life Storage saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,487,700 shares, a decline of 8.3% from the July 31st total of 1,623,200 shares. Based on an average trading volume of 342,400 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the shares of the stock are sold short. View Life Storage's Current Options Chain.

Some companies that are related to Life Storage include Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Vornado Realty Trust (VNO), Gecina (GECFF), Regency Centers (REG) and Camden Property Trust (CPT).

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

Life Storage's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.74%), BlackRock Inc. (11.82%), BlackRock Inc. (11.82%), PGGM Investments (5.13%), Invesco Ltd. (2.19%) and Northern Trust Corp (1.92%). 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Renaissance Technologies LLC, NN Investment Partners Holdings N.V., Vanguard Group Inc., BlackRock Inc., BlackRock Inc. and Russell Investments Group Ltd.. 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, Edward F Killeen and Kenneth F Myszka. View Insider Buying and Selling for Life Storage.

LSI stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Long Pond Capital LP, Nuveen Asset Management LLC, Echo Street Capital Management LLC, Schroder Investment Management Group, Allianz Asset Management GmbH, Bank of America Corp DE and JPMorgan Chase & Co.. 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 $104.62.

Life Storage has a market capitalization of $4.88 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.