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 (Estimated)
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 announced a quarterly dividend on Tuesday, July 2nd. Shareholders of record on Tuesday, July 16th will be paid a dividend of $1.00 per share on Friday, July 26th. This represents a $4.00 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Monday, July 15th. View Life Storage's Dividend History.
How were Life Storage's earnings last quarter?
Life Storage Inc (NYSE:LSI) posted its quarterly earnings data on Wednesday, July, 31st. The real estate investment trust reported $0.87 EPS for the quarter, missing the Zacks' consensus estimate of $1.41 by $0.54. The real estate investment trust had revenue of $145 million for the quarter, compared to the consensus estimate of $142.96 million. Life Storage had a net margin of 37.17% and a return on equity of 10.21%. Life Storage's quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the business earned $1.39 EPS. View Life Storage's Earnings History.
When is Life Storage's next earnings date?
What guidance has Life Storage issued on next quarter's earnings?
Life Storage updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $5.56-5.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.59.
What price target have analysts set for LSI?
8 analysts have issued 1 year price targets for Life Storage's stock. Their forecasts range from $91.00 to $110.00. On average, they expect Life Storage's share price to reach $101.50 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for Life Storage.
What is the consensus analysts' recommendation for Life Storage?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 1 sell rating, 5 hold ratings and 2 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 articles about LSI stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Life Storage earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage 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 effect on the stock's share price in the immediate future. View News Stories for Life Storage.
Are investors shorting Life Storage?
Life Storage saw a decrease in short interest in August. As of August 31st, there was short interest totalling 1,487,700 shares, a decrease of 8.3% from the July 31st total of 1,623,200 shares. Based on an average trading volume of 342,400 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the company's shares 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 Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Vornado Realty Trust (VNO), Gecina (GECFF), Regency Centers (REG) and Camden Property Trust (CPT).
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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.74%), BlackRock Inc. (11.82%), BlackRock Inc. (11.82%), PGGM Investments (5.13%), Invesco Ltd. (2.19%) and Northern Trust Corp (1.92%). 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Renaissance Technologies LLC, NN Investment Partners Holdings N.V., Vanguard Group Inc., BlackRock Inc., BlackRock Inc. and Russell Investments Group Ltd.. 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 PGGM Investments, Long Pond Capital LP, Nuveen Asset Management LLC, Echo Street Capital Management LLC, Schroder Investment Management Group, Allianz Asset Management GmbH, Bank of America Corp DE and JPMorgan Chase & Co.. 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 $104.26.
How big of a company is Life Storage?
Life Storage has a market capitalization of $4.86 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.
