NYSE:LSILife Storage Stock Price, Forecast & News Adding Choose a 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. Log In and Add $93.65 +3.80 (+4.23 %) (As of 05/26/2020 02:06 PM ET) Add Compare Share Today's Range$91.76Now: $93.65▼$93.6550-Day Range$83.69MA: $90.65▼$102.3252-Week Range$67.31Now: $93.65▼$119.61Volume10,469 shsAverage Volume351,885 shsMarket Capitalization$4.39 billionP/E Ratio16.81Dividend Yield4.76%Beta0.38 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. Life Storage consistently provides responsive service to its 400,000-plus customers, making it a leader in the industry.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingLife Storage has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $107.00, Life Storage has a potential upside of 14.3% from its current price of $93.65.Amount of Analyst CoverageLife Storage has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesLife Storage has received 553 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLife Storage has received 574 “underperform” votes. (Add your “underperform” vote.)Community SentimentLife Storage has received 50.93% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipLife Storage is a leading dividend payer. It pays a dividend yield of 4.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLife Storage has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Life Storage is 76.16 %. 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 72.18 % next year. This indicates that Life Storage will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Life Storage insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $1,087,573.00 in company stock and sold $1,269,990.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by InsidersOnly 0.90% of the stock of Life Storage is held by insiders.Percentage Held by Institutions91.91% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Life Storage are expected to grow by 3.13% in the coming year, from $5.75 to $5.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Life Storage is 16.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Life Storage is 16.81, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.86.Price to Earnings Growth RatioLife Storage has a PEG Ratio of 3.93. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLife Storage has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.18 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LSI Previous Symbol CUSIP84610H10 CIK944314 Webwww.lifestorage.com Phone716-633-1850Debt Debt-to-Equity Ratio0.97 Current Ratio0.41 Quick Ratio0.41Price-To-Earnings Trailing P/E Ratio16.81 Forward P/E Ratio16.29 P/E Growth3.93 Sales & Book Value Annual Sales$574.74 million Price / Sales7.64 Cash Flow$8.26 per share Price / Cash Flow11.34 Book Value$45.71 per share Price / Book2.05Profitability EPS (Most Recent Fiscal Year)$5.62 Net Income$258.70 million Net Margins44.55% Return on Equity12.33% Return on Assets6.21%Miscellaneous Employees1,943 Outstanding Shares46,910,000Market Cap$4.39 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable LSI Rates by TradingView Receive LSI News and Ratings via Email Sign-up to receive the latest news and ratings for LSI and its competitors with MarketBeat's FREE daily newsletter. Life Storage (NYSE:LSI) Frequently Asked Questions How has Life Storage's stock been impacted by COVID-19 (Coronavirus)? Life Storage's stock was trading at $106.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LSI stock has decreased by 12.0% and is now trading at $93.65. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Life Storage? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Life Storage. When is Life Storage's next earnings date? Life Storage is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Life Storage. How were Life Storage's earnings last quarter? Life Storage Inc (NYSE:LSI) announced its quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by $0.62. The real estate investment trust earned $146.94 million during the quarter, compared to the consensus estimate of $145.73 million. Life Storage had a net margin of 44.55% and a return on equity of 12.33%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.31 EPS. View Life Storage's earnings history. How often does Life Storage pay dividends? What is the dividend yield for Life Storage? Life Storage declared a quarterly dividend on Thursday, April 2nd. Shareholders of record on Tuesday, April 14th will be paid a dividend of $1.07 per share on Monday, April 27th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date is Monday, April 13th. View Life Storage's dividend history. What price target have analysts set for LSI? 9 analysts have issued 12-month price targets for Life Storage's stock. Their forecasts range from $85.00 to $122.00. On average, they expect Life Storage's share price to reach $107.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View analysts' price targets for Life Storage. Has Life Storage been receiving favorable news coverage? News headlines about LSI stock have trended negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Life Storage earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutLife Storage. Are investors shorting Life Storage? Life Storage saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 968,700 shares, an increase of 13.6% from the April 30th total of 853,100 shares. Based on an average daily trading volume, of 479,400 shares, the short-interest ratio is presently 2.0 days. Approximately 2.1% of the company's stock are short sold. 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 American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all competitors. 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), Home Depot (HD), Verizon Communications (VZ), Walt Disney (DIS), QUALCOMM (QCOM), AT&T (T), CROWN CASTLE IN/SH SH (CCI), Cisco Systems (CSCO) and PepsiCo (PEP). Who are Life Storage's key executives? Life Storage's management team includes the following 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 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.01%), Wellington Management Group LLP (5.27%), State Street Corp (4.97%), Massachusetts Financial Services Co. MA (3.66%), Deutsche Bank AG (2.96%) and Invesco Ltd. (2.16%). Company insiders that own Life Storage stock include Andrew J Gregoire, Arthur L Havener Jr, Charles E Lannon, David L Rogers, Edward F Killeen, Edward J Pettinella, Kenneth F Myszka and Mark G Barberio. 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 BlackRock Inc., Echo Street Capital Management LLC, WINTON GROUP Ltd, Wellington Management Group LLP, Morgan Stanley, Fisher Asset Management LLC, UBS Group AG, and Principal Financial Group Inc.. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, Charles E Lannon, David L Rogers, and Edward F Killeen. View insider buying and selling activity for Life Storage. Which major investors are buying Life Storage stock? LSI stock was acquired by a variety of institutional investors in the last quarter, including Aew Capital Management L P, Cbre Clarion Securities LLC, Nuveen Asset Management LLC, Bessemer Group Inc., William Blair Investment Management LLC, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc., and HNP Capital LLC. Company insiders that have bought Life Storage stock in the last two years include Edward J Pettinella, and Mark G Barberio. View insider buying and selling activity 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 $93.65. How big of a company is Life Storage? Life Storage has a market capitalization of $4.39 billion and generates $574.74 million in revenue each year. The real estate investment trust earns $258.70 million in net income (profit) each year or $5.62 on an earnings per share basis. Life Storage employs 1,943 workers across the globe. What is Life Storage's official website? The official website for Life Storage is www.lifestorage.com. 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. This page was last updated on 5/26/2020 by MarketBeat.com Staff
