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 (Confirmed)
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 Wednesday, October 2nd. Stockholders of record on Tuesday, October 15th will be paid a dividend of $1.00 per share on Monday, October 28th. This represents a $4.00 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, October 11th. 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 EPS for the quarter, missing analysts' consensus estimates of $1.41 by $0.54. The real estate investment trust had revenue of $145 million for the quarter, compared to analyst estimates of $142.96 million. Life Storage had a net margin of 37.17% and a return on equity of 10.21%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 earnings per share. View Life Storage's Earnings History.
When is Life Storage's next earnings date?
How can I listen to Life Storage's earnings call?
Life Storage will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
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 (EPS) guidance of $5.56-5.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.59.
What price target have analysts set for LSI?
7 brokerages have issued 12 month target prices for Life Storage's stock. Their forecasts range from $99.00 to $122.00. On average, they anticipate Life Storage's stock price to reach $107.43 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Life Storage.
What is the consensus analysts' recommendation for Life Storage?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 1 sell rating, 3 hold ratings and 3 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?
News stories about LSI stock have trended somewhat negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news 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 news impact score of -1.5 on InfoTrie's scale. They also assigned media stories 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 company's share price in the near term. View News Stories for Life Storage.
Who are some of Life Storage's key competitors?
Some companies that are related to Life Storage include Boston Properties (BXP), HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF), Duke Realty (DRE), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO) and Regency Centers (REG).
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 many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (3.79%), Robeco Institutional Asset Management B.V. (0.58%), Courier Capital LLC (0.12%), Nisa Investment Advisors LLC (0.09%), Contravisory Investment Management Inc. (0.09%) and Pacer Advisors Inc. (0.06%). 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 institutional investors are selling Life Storage stock?
LSI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Spirit of America Management Corp NY, Courier Capital LLC, Envestnet Asset Management Inc., Contravisory Investment Management Inc. and Delta Capital Management LLC. 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 institutional investors are buying Life Storage stock?
LSI stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Nisa Investment Advisors LLC, Campbell & CO Investment Adviser LLC, Pacer Advisors Inc., Winmill & CO. Inc., Accurate Investment Solutions Inc. and McCollum Christoferson Group LLC. 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 $107.39.
How big of a company is Life Storage?
Life Storage has a market capitalization of $5.01 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.
