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. Investors of record on Tuesday, January 14th will be given a dividend of $1.07 per share on Monday, January 27th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.65%. 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) posted its quarterly earnings data on Wednesday, October, 30th. The real estate investment trust reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $1.45 by $0.60. The real estate investment trust earned $145.63 million during the quarter, compared to analyst estimates of $146.77 million. The firm's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 earnings per share. View Life Storage's Earnings History.

Life Storage is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Life Storage.

Life Storage will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued 1-year price objectives for Life Storage's stock. Their forecasts range from $100.00 to $122.00. On average, they expect Life Storage's share price to reach $110.29 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. 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 coverage about LSI stock has trended neutral this week, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Life Storage earned a news impact score of 0.2 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Life Storage.

Life Storage saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,050,000 shares, an increase of 12.2% from the January 15th total of 935,800 shares. Based on an average trading volume of 387,400 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.3% 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 American Tower (AMT), HCP (HCP), Chesapeake Lodging Trust (CHSP), Ashford Hospitality Trust (AHT), Chatham Lodging Trust (CLDT), Corecivic (CXW), CubeSmart (CUBE), DiamondRock Hospitality (DRH), Diversified Healthcare Trust (DHC), EPR Properties (EPR), Extra Space Storage (EXR), Healthcare Realty Trust (HR), Hersha Hospitality Trust (HT), Hospitality Properties Trust (SVC) and Host Hotels and Resorts (HST).

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

Life Storage's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.96%), Massachusetts Financial Services Co. MA (3.63%), Goldman Sachs Group Inc. (1.77%), Charles Schwab Investment Management Inc. (1.67%), PGGM Investments (1.60%) and Bank of New York Mellon Corp (1.39%). 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, State Street Corp, Goldman Sachs Group Inc., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Schroder Investment Management Group, Bank of New York Mellon Corp and Employees Retirement System of Texas. 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 Heitman Real Estate Securities LLC, Marshall Wace LLP, Russell Investments Group Ltd., Sei Investments Co., Westpac Banking Corp, Bank of America Corp DE, Great West Life Assurance Co. Can and UBS Group AG. 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 $117.15.