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Is It Time To Throw In The Towel On Gamestop?
Closing prices for crude oil, gold and other commodities
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
This Is Why Daktronics Fell 40% In One Day 
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers
"We need batteries. Literally everywhere." (Ad)
Is It Time To Throw In The Towel On Gamestop?
Closing prices for crude oil, gold and other commodities
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
This Is Why Daktronics Fell 40% In One Day 
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers
"We need batteries. Literally everywhere." (Ad)
Is It Time To Throw In The Towel On Gamestop?
Closing prices for crude oil, gold and other commodities
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
This Is Why Daktronics Fell 40% In One Day 
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers
"We need batteries. Literally everywhere." (Ad)
Is It Time To Throw In The Towel On Gamestop?
Closing prices for crude oil, gold and other commodities
NYSE:LSI

Life Storage - LSI Stock Forecast, Price & News

$107.19
+2.22 (+2.11%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$105.20
$108.56
50-Day Range
$100.55
$112.62
52-Week Range
$97.50
$154.45
Volume
655,657 shs
Average Volume
584,194 shs
Market Capitalization
$9.11 billion
P/E Ratio
26.60
Dividend Yield
4.12%
Price Target
$138.64

Life Storage MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
29.3% Upside
$138.64 Price Target
Short Interest
Healthy
2.47% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.26mentions of Life Storage in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.26%
From $6.47 to $6.94 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

258th out of 862 stocks

Real Estate Investment Trusts Industry

56th out of 191 stocks

LSI stock logo

About Life Storage (NYSE:LSI) Stock

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 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry.

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LSI Stock News Headlines

Life Storage Inc. Bottom Line Rises In Q3, Beats estimates
Life Storage, Inc. Reports Third Quarter 2022 Results
Life Storage (LSI) Q3 FFO and Revenues Surpass Estimates
RSI Alert: Life Storage Now Oversold
Life Storage: Recession Resistant With Upside Potential
Life Storage Is A Great Bargain Around Its 52-Week Lows
Life Storage, Inc. Provides Update on Hurricane Ian
LSI Life Storage, Inc.
Life Storage, Inc. (LSI)
See More Headlines
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LSI Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 10/26 Dividend
10/13/2022
Dividend Payable
10/26/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
84610H10
Employees
2,241
Year Founded
2011

Price Target and Rating

Average Stock Price Forecast
$138.64
High Stock Price Forecast
$186.00
Low Stock Price Forecast
$106.00
Forecasted Upside/Downside
+29.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
10 Analysts

Profitability

Net Income
$249.32 million
Pretax Margin
34.32%

Debt

Sales & Book Value

Annual Sales
$788.57 million
Cash Flow
$5.03 per share
Book Value
$41.20 per share

Miscellaneous

Free Float
84,573,000
Market Cap
$9.11 billion
Optionable
Optionable
Beta
0.59

Key Executives

  • Mr. Joseph V. SaffireMr. Joseph V. Saffire (Age 52)
    CEO & Director
    Comp: $1.77M
  • Mr. Andrew J. Gregoire CPA (Age 54)
    CFO & Sec.
    Comp: $1.17M
  • Mr. David Dodman (Age 48)
    Chief Operating Officer
  • Mr. Alexander Gress (Age 48)
    VP of Fin., Corp. Planning & Investor Relations
  • Ms. Kate White (Age 45)
    Sr. VP of HR & Corp. Communications
  • John Rogers
    VP of Bus. Devel.
  • Christopher Laczi
    VP of Marketing
  • Ms. Jennifer Kozub
    Director of HR
  • Mr. Michael Rogers
    Sr. VP of Real Estate
  • Mr. Randy Hillman
    Regional VP













LSI Stock - Frequently Asked Questions

Should I buy or sell Life Storage stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LSI, but not buy additional shares or sell existing shares.
View LSI analyst ratings
or view top-rated stocks.

What is Life Storage's stock price forecast for 2023?

10 Wall Street analysts have issued twelve-month price objectives for Life Storage's shares. Their LSI share price forecasts range from $106.00 to $186.00. On average, they expect the company's stock price to reach $138.64 in the next year. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for LSI
or view top-rated stocks among Wall Street analysts.

How have LSI shares performed in 2022?

Life Storage's stock was trading at $153.18 at the beginning of 2022. Since then, LSI stock has decreased by 30.0% and is now trading at $107.19.
View the best growth stocks for 2022 here
.

Are investors shorting Life Storage?

Life Storage saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 2,050,000 shares, an increase of 11.4% from the October 15th total of 1,840,000 shares. Based on an average trading volume of 610,200 shares, the days-to-cover ratio is currently 3.4 days.
View Life Storage's Short Interest
.

When is Life Storage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our LSI earnings forecast
.

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) announced its quarterly earnings data on Wednesday, August, 3rd. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by $0.44. Life Storage had a trailing twelve-month return on equity of 9.73% and a net margin of 34.54%. During the same quarter last year, the company earned $1.20 earnings per share.

How often does Life Storage pay dividends? What is the dividend yield for Life Storage?

Life Storage declared a quarterly dividend on Monday, October 3rd. Stockholders of record on Friday, October 14th will be given a dividend of $1.08 per share on Wednesday, October 26th. This represents a $4.32 annualized dividend and a yield of 4.03%. The ex-dividend date is Thursday, October 13th.
Read our dividend analysis for LSI
.

Is Life Storage a good dividend stock?

Life Storage (NYSE:LSI) pays an annual dividend of $4.32 per share and currently has a dividend yield of 4.12%. LSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 107.20%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LSI will have a dividend payout ratio of 62.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LSI.

When did Life Storage's stock split?

Life Storage's stock split on Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly minted shares were payable to shareholders after the market closes on Wednesday, January 27th 2021. An investor that had 100 shares of 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 fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $1.60-$1.64 for the period, compared to the consensus earnings per share estimate of $1.61. The company issued revenue guidance of -.

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

17 employees have rated Life Storage Chief Executive Officer Joseph Saffire on Glassdoor.com. Joseph Saffire has an approval rating of 67% among the company'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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.90%), BlackRock Inc. (11.10%), State Street Corp (5.36%), Centersquare Investment Management LLC (2.53%), Massachusetts Financial Services Co. MA (2.27%) and Dimensional Fund Advisors LP (1.35%). Insiders that own company stock include Andrew J Gregoire, Andrew J Gregoire, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, Edward F Killeen, Edward J Pettinella, Joseph Saffire, Mark G Barberio and Stephen R Rusmisel.
View institutional ownership trends
.

How do I buy shares of Life Storage?

Shares of LSI stock 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 $107.19.

How much money does Life Storage make?

Life Storage (NYSE:LSI) has a market capitalization of $9.11 billion and generates $788.57 million in revenue each year. The real estate investment trust earns $249.32 million in net income (profit) each year or $4.03 on an earnings per share basis.

How many employees does Life Storage have?

The company employs 2,241 workers across the globe.

How can I contact Life Storage?

Life Storage's mailing address is 6467 Main Street, Williamsville NY, 14221. The official website for the company is www.lifestorage.com. The real estate investment trust can be reached via phone at (855) 608-1334 or via fax at 800-800-3456.

This page (NYSE:LSI) was last updated on 12/9/2022 by MarketBeat.com Staff