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 announced a quarterly dividend on Thursday, January 2nd. Shareholders 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 yield of 3.76%. 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) announced its quarterly earnings data 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 net margin of 54.38% and a return on equity of 14.85%. The firm's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 EPS. 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 updated 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 EPS estimate of $5.78.

7 equities research analysts have issued twelve-month price objectives for Life Storage's shares. Their forecasts range from $100.00 to $122.00. On average, they expect Life Storage's stock price to reach $110.29 in the next year. This suggests that the stock has a possible downside of 3.0%. 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.

News articles about LSI stock have trended negative on Wednesday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -2.3 on InfoTrie's scale. They also assigned news articles 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 impact on the stock's share price in the near future. View News Stories for Life Storage.

Life Storage saw a decrease in short interest in the month of December. As of December 13th, there was short interest totalling 953,200 shares, a decrease of 23.7% from the November 28th total of 1,250,000 shares. Based on an average trading volume of 397,100 shares, the short-interest ratio is currently 2.4 days. Currently, 2.1% of the shares of the company are sold short. View Life Storage's Current Options Chain.

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), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) 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), Walt Disney (DIS), Home Depot (HD), QUALCOMM (QCOM), AT&T (T), Verizon Communications (VZ), Extra Space Storage (EXR), Alphabet (GOOG) and Cisco Systems (CSCO).

Life Storage's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (1.60%), Courier Capital LLC (0.11%), Contravisory Investment Management Inc. (0.08%), Nisa Investment Advisors LLC (0.07%), Accurate Investment Solutions Inc. (0.05%) and State of Alaska Department of Revenue (0.04%). 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, Manning & Napier Group LLC, Nisa Investment Advisors LLC, Courier Capital LLC, Zurcher Kantonalbank Zurich Cantonalbank , Carroll Financial Associates Inc. and Spirit of America Management Corp NY. 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 bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, State of Alaska Department of Revenue, Pensionfund DSM Netherlands, Pensionfund Sabic, 6 Meridian and Louisiana State Employees 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 $113.71.

Life Storage has a market capitalization of $5.31 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.