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 750 storage facilities in 28 states and Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone716-633-1850
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$550.85 million
Profitability
Miscellaneous
Employees1,953
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable
Life Storage (NYSE:LSI) Frequently Asked Questions
What is Life Storage's stock symbol?
Life Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "LSI."
How often does Life Storage pay dividends? What is the dividend yield for Life Storage?
Life Storage declared a quarterly dividend on Tuesday, July 2nd. Stockholders of record on Tuesday, July 16th will be given a dividend of $1.00 per share on Friday, July 26th. This represents a $4.00 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Monday, July 15th. View Life Storage's Dividend History.
How were Life Storage's earnings last quarter?
Life Storage Inc (NYSE:LSI) posted its earnings results on Wednesday, July, 31st. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.41 by $0.54. The real estate investment trust earned $145 million during the quarter, compared to analyst estimates of $142.96 million. Life Storage had a return on equity of 10.21% and a net margin of 37.17%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 earnings per share. View Life Storage's Earnings History.
When is Life Storage's next earnings date?
What guidance has Life Storage issued on next quarter's earnings?
Life Storage issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $5.56-5.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.59.
What price target have analysts set for LSI?
8 brokerages have issued 12 month target prices for Life Storage's stock. Their predictions range from $91.00 to $110.00. On average, they anticipate Life Storage's share price to reach $101.00 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Life Storage.
What is the consensus analysts' recommendation 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.
Has Life Storage been receiving favorable news coverage?
Media coverage about LSI stock has been trending somewhat positive on Monday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Life Storage earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Life Storage.
Are investors shorting Life Storage?
Life Storage saw a drop in short interest in August. As of August 31st, there was short interest totalling 1,487,700 shares, a drop of 8.3% from the July 31st total of 1,623,200 shares. Based on an average trading volume of 342,400 shares, the short-interest ratio is presently 4.3 days. Currently, 3.2% of the shares of the company are sold short. View Life Storage's Current Options Chain.
Who are some of Life Storage's key competitors?
Some companies that are related to Life Storage include Alexandria Real Estate Equities (ARE), HCP (HCP), Extra Space Storage (EXR), WP Carey (WPC), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Gecina (GECFF), Regency Centers (REG) and Camden Property Trust (CPT).
What other stocks do shareholders of Life Storage own?
Who are Life Storage's key executives?
Life Storage's management team includes the folowing people:
- Mr. Joseph V. Saffire, CEO & Director (Age 49)
- Mr. Andrew J. Gregoire CPA, CFO & Sec. (Age 51)
- Mr. Edward F. Killeen, Chief Operating Officer (Age 55)
- Mr. Paul T. Powell, Advisor (Age 63)
- Mr. David Dodman, VP, Investor Relations and Strategic Planning
Who are Life Storage's major shareholders?
Life Storage's stock is owned by a number of of retail and institutional 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.
Which major investors are selling Life Storage stock?
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.
Which major investors are buying Life Storage stock?
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.
How do I buy shares of 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.
What is Life Storage's stock price today?
One share of LSI stock can currently be purchased for approximately $102.50.
How big of a company is Life Storage?
Life Storage has a market capitalization of $4.78 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.
What is Life Storage's official website?
How can I contact Life Storage?
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.
MarketBeat Community Rating for Life Storage (NYSE LSI)
MarketBeat's community ratings are surveys of what our community members think about Life Storage and other stocks. Vote "Outperform" if you believe LSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
