S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:LSI

Life Storage Stock Forecast, Price & News

$131.90
-3.11 (-2.30%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$131.56
$134.79
50-Day Range
$114.19
$135.21
52-Week Range
$71.96
$139.95
Volume
218,745 shs
Average Volume
539,287 shs
Market Capitalization
$10.82 billion
P/E Ratio
46.61
Dividend Yield
2.55%
Beta
0.41
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Life Storage logo

About Life Storage

Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
84610H10
Employees
2,078
Year Founded
2011

Sales & Book Value

Annual Sales
$616.77 million
Cash Flow
$3.73 per share
Book Value
$38.80 per share

Profitability

Net Income
$151.57 million
Pretax Margin
29.04%

Debt

Price-To-Earnings

Miscellaneous

Free Float
81,278,000
Market Cap
$10.82 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/12/2021
Dividend Payable
10/26/2021
Last Earnings
11/02/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/28/2022

MarketRank

Overall MarketRank

2.43 out of 5 stars

Finance Sector

318th out of 1,340 stocks

Real Estate Investment Trusts Industry

74th out of 222 stocks

Analyst Opinion: 2.3Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Life Storage (NYSE:LSI) Frequently Asked Questions

Is Life Storage a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Life Storage stock.
View analyst ratings for Life Storage
or view top-rated stocks.

How has Life Storage's stock price been impacted by COVID-19 (Coronavirus)?

Life Storage's stock was trading at $70.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LSI stock has increased by 86.0% and is now trading at $131.90.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Life Storage?

Life Storage saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 1,670,000 shares, an increase of 50.5% from the October 14th total of 1,110,000 shares. Based on an average trading volume of 506,100 shares, the short-interest ratio is presently 3.3 days.
View Life Storage's Short Interest
.

When is Life Storage's next earnings date?

Life Storage is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022.
View our earnings forecast for Life Storage
.

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) issued its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by $0.39. Life Storage had a net margin of 29.53% and a trailing twelve-month return on equity of 8.17%. During the same period in the previous year, the business posted $1.01 earnings per share.
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 Friday, October 1st. Stockholders of record on Wednesday, October 13th will be paid a dividend of $0.86 per share on Tuesday, October 26th. This represents a $3.44 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Tuesday, October 12th. This is a boost from Life Storage's previous quarterly dividend of $0.74.
View Life Storage's dividend history
.

Is Life Storage a good dividend stock?

Life Storage pays an annual dividend of $3.44 per share and currently has a dividend yield of 2.55%. The dividend payout ratio of Life Storage is 121.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Life Storage will have a dividend payout ratio of 61.76% next year. This indicates that Life Storage will be able to sustain or increase its dividend.
View Life Storage's dividend history.

When did Life Storage's stock split? How did Life Storage's stock split work?

Life Storage shares split on the morning of Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly created shares were payable to shareholders after the market closes on Wednesday, January 27th 2021. An investor that had 100 shares of Life Storage stock prior to the split would have 150 shares after the split.

What guidance has Life Storage issued on next quarter's earnings?

Life Storage issued an update on its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided earnings per share (EPS) guidance of $4.920-$4.960 for the period. The company issued revenue guidance of -.

What price target have analysts set for LSI?

9 equities research analysts have issued 12 month target prices for Life Storage's stock. Their forecasts range from $89.00 to $146.00. On average, they anticipate Life Storage's stock price to reach $126.37 in the next twelve months. This suggests that the stock has a possible downside of 4.2%.
View analysts' price targets for Life Storage
or view top-rated stocks among Wall Street analysts.

Who are Life Storage's key executives?

Life Storage's management team includes the following people:
  • Joseph V. Saffire, Chief Executive Officer & Director
  • Edward F. Killeen, Chief Operating Officer
  • Andrew J. Gregoire, Secretary, Chief Financial & Accounting Officer
  • David Dodman, Senior VP-Strategic Planning & Investor Relations

What is Joseph Saffire's approval rating as Life Storage's CEO?

17 employees have rated Life Storage CEO Joseph Saffire on Glassdoor.com. Joseph Saffire has an approval rating of 67% among Life Storage's employees.

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), Walt Disney (DIS), Home Depot (HD), Verizon Communications (VZ), AT&T (T), QUALCOMM (QCOM), Cisco Systems (CSCO), Extra Space Storage (EXR) and Lockheed Martin (LMT).

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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.98%), Wellington Management Group LLP (6.09%), Massachusetts Financial Services Co. MA (3.28%), Deutsche Bank AG (2.60%), Invesco Ltd. (2.59%) and Geode Capital Management LLC (1.67%). Company insiders that own Life Storage stock include Andrew J Gregoire, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, Edward J Pettinella, Joseph Saffire and Mark G Barberio.
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 Wellington Management Group LLP, Cohen & Steers Inc., Goldman Sachs Group Inc., WINTON GROUP Ltd, Macquarie Group Ltd., Massachusetts Financial Services Co. MA, Argent Capital Management LLC, and American Century Companies Inc.. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, and Joseph Saffire.
View insider buying and selling activity for Life Storage
or view top insider-selling stocks.

Which institutional investors are buying Life Storage stock?

LSI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Ranger Global Real Estate Advisors LLC, Invesco Ltd., Janus Henderson Group PLC, Vision Capital Corp, Martingale Asset Management L P, Renaissance Technologies LLC, and Waterfront Capital Partners 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Life Storage's stock price today?

One share of LSI stock can currently be purchased for approximately $131.90.

How much money does Life Storage make?

Life Storage has a market capitalization of $10.82 billion and generates $616.77 million in revenue each year. The real estate investment trust earns $151.57 million in net income (profit) each year or $2.83 on an earnings per share basis.

How many employees does Life Storage have?

Life Storage employs 2,078 workers across the globe.

When was Life Storage founded?

Life Storage was founded in 2011.

What is Life Storage's official website?

The official website for Life Storage is www.lifestorage.com.

Where are Life Storage's headquarters?

Life Storage is headquartered at 6467 Main Street, Williamsville NY, 14221.

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 (855) 958-6451 or via fax at 800-800-3456.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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