NYSE:LSI Life Storage Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Life Storage, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $112.64 -0.16 (-0.14%) (As of 06/27/2022 12:00 AM ET) Add Compare Share Today's Range$111.66▼$114.2550-Day Range$102.42▼$150.4152-Week Range$100.66▼$154.45Volume451,656 shsAverage Volume566,767 shsMarket Capitalization$9.50 billionP/E Ratio33.03Dividend Yield3.55%Price Target$143.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Life Storage and its competitors with MarketBeat's FREE daily newsletter. Email Address LSI Stock Forecast (MarketRank)Overall MarketRank™2.82 out of 5 starsFinance Sector289th out of 1,394 stocksReal Estate Investment Trusts Industry43rd out of 235 stocksAnalyst Opinion: 4.3Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 - 4.3 Analyst's Opinion Consensus RatingLife Storage has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $143.20, Life Storage has a forecasted upside of 27.1% from its current price of $112.64.Amount of Analyst CoverageLife Storage has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.4 Community Rank Outperform VotesLife Storage has received 592 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLife Storage has received 312 “underperform” votes. (Add your “underperform” vote.)Community SentimentLife Storage has received 65.49% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipLife Storage is a leading dividend payer. It pays a dividend yield of 3.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLife Storage has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Life Storage is 117.30%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Life Storage will have a dividend payout ratio of 59.97% next year. This indicates that Life Storage will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Life Storage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.50% of the stock of Life Storage is held by insiders.Percentage Held by Institutions91.67% of the stock of Life Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Life Storage are expected to grow by 8.46% in the coming year, from $6.15 to $6.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Life Storage is 33.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Life Storage is 33.03, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 27.26.Price to Earnings Growth RatioLife Storage has a PEG Ratio of 5.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLife Storage has a P/B Ratio of 2.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Life Storage (NYSE:LSI)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.Read More LSI Stock News HeadlinesJune 24, 2022 | americanbankingnews.comAnalysts Set Life Storage, Inc. (NYSE:LSI) Price Target at $144.33June 23, 2022 | finance.yahoo.comLife Storage, Inc. Releases 2022 Sustainability ReportJune 22, 2022 | americanbankingnews.comLife Storage (NYSE:LSI) Downgraded by Bank of America to "Neutral"June 22, 2022 | finance.yahoo.com7 Undervalued REITs to Buy Before They Go Sky-HighJune 21, 2022 | americanbankingnews.comLife Storage, Inc. to Post Q2 2022 Earnings of $1.54 Per Share, KeyCorp Forecasts (NYSE:LSI)June 17, 2022 | nasdaq.comFirst Week of August 19th Options Trading For Life Storage (LSI)June 17, 2022 | americanbankingnews.comLife Storage (NYSE:LSI) Given New $144.00 Price Target at KeyCorpJune 15, 2022 | americanbankingnews.comLife Storage (NYSE:LSI) Hits New 52-Week Low at $104.83June 15, 2022 | nasdaq.comLife Storage Enters Oversold TerritoryJune 13, 2022 | nasdaq.comLife Storage Inc - Registered Shares Shares Close in on 52-Week Low - Market MoverJune 7, 2022 | finance.yahoo.comWhy Life Storage Stock Tumbled Nearly 12% in MayJune 7, 2022 | finance.yahoo.comHe co-founded LIfe Storage. Now he’s bringing some lessons to a Buffalo startupJune 6, 2022 | bizjournals.comPublic company buys 8-story building in Miami for $17MSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LSI CUSIP84610H10 CIK944314 Webwww.lifestorage.com Phone(855) 608-1334Fax800-800-3456Employees2,241Year Founded2011Company Calendar Ex-Dividend for 4/26 Dividend4/13/2022Dividend Payable4/26/2022Last Earnings5/04/2022Today6/27/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$143.20 High Stock Price Forecast$186.00 Low Stock Price Forecast$125.00 Forecasted Upside/Downside+27.1%Consensus RatingModerate Buy Rating Score (0-4)2.6 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.41 Trailing P/E Ratio33.03 Forward P/E Ratio18.32 P/E Growth5.05Net Income$249.32 million Net Margins32.60% Pretax Margin32.16% Return on Equity8.71% Return on Assets4.59% Debt Debt-to-Equity Ratio0.84 Current Ratio0.62 Quick Ratio0.62 Sales & Book Value Annual Sales$788.57 million Price / Sales12.05 Cash Flow$4.92 per share Price / Cash Flow22.91 Book Value$41.20 per share Price / Book2.73Miscellaneous Outstanding Shares84,365,000Free Float83,943,000Market Cap$9.50 billion OptionableOptionable Beta0.55 Life Storage 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 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Life Storage stock. View analyst ratings for Life Storage or view top-rated stocks. What is Life Storage's stock price forecast for 2022? 10 analysts have issued 12 month target prices for Life Storage's stock. Their LSI stock forecasts range from $125.00 to $186.00. On average, they expect Life Storage's share price to reach $143.20 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price. View analysts' price targets for Life Storage or view top-rated stocks among Wall Street analysts. How has Life Storage's stock price performed in 2022? Life Storage's stock was trading at $153.18 at the beginning of the year. Since then, LSI shares have decreased by 26.5% and is now trading at $112.64. 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 May. As of May 15th, there was short interest totaling 1,400,000 shares, an increase of 29.6% from the April 30th total of 1,080,000 shares. Based on an average daily volume of 553,200 shares, the days-to-cover ratio is currently 2.5 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 Tuesday, August 2nd 2022. View our earnings forecast for Life Storage. How were Life Storage's earnings last quarter? Life Storage, Inc. (NYSE:LSI) announced its earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.89 by $0.01. The real estate investment trust earned $233.49 million during the quarter, compared to analyst estimates of $230.01 million. Life Storage had a net margin of 32.60% and a trailing twelve-month return on equity of 8.71%. The company's quarterly revenue was up 35.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 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 Monday, April 4th. Investors of record on Thursday, April 14th will be paid a dividend of $1.00 per share on Tuesday, April 26th. This represents a $4.00 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Wednesday, April 13th. View Life Storage's dividend history. Is Life Storage a good dividend stock? Life Storage(NYSE:LSI) pays an annual dividend of $4.00 per share and currently has a dividend yield of 3.55%. Life Storage 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 of Life Storage is 117.30%. 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 59.97% 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 closing bell 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 second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of $1.50-$1.54 for the period. The company issued revenue guidance of -. Who are Life Storage's key executives? Life Storage's management team includes the following people: Mr. Joseph V. Saffire, CEO & Director (Age 52, Pay $1.77M) (LinkedIn Profile)Mr. Andrew J. Gregoire CPA, CFO & Sec. (Age 54, Pay $1.17M)Mr. David Dodman, Chief Operating Officer (Age 48)Ms. Kate White, Sr. VP of HR & Corp. Communications (Age 45)John Rogers, VP of Bus. Devel.Christopher Laczi, VP of MarketingMs. Jennifer Kozub, Director of HRMr. Michael Rogers, Sr. VP of Real EstateMr. Randy Hillman, Regional VPMr. David W. Paolini, VP of Revenue Management 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. Who are some of Life Storage's key competitors? Some companies that are related to Life Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Extra Space Storage (EXR), Ventas (VTR), CubeSmart (CUBE), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), Rayonier (RYN), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), EPR Properties (EPR), Sabra Health Care REIT (SBRA) and PotlatchDeltic (PCH). View all of LSI's competitors. 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.73%), BlackRock Inc. (11.90%), State Street Corp (5.33%), Wellington Management Group LLP (4.56%), Invesco Ltd. (3.09%) and Centersquare Investment Management LLC (2.94%). Company insiders that own Life Storage stock include Andrew J Gregoire, Andrew J Gregoire, Arthur L Havener, Jr, Charles E Lannon, 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 for Life Storage. Which major 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, BlackRock Inc., American Century Companies Inc., Pacer Advisors Inc., Strs Ohio, Northern Trust Corp, JPMorgan Chase & Co., and Acadian Asset Management LLC. Company insiders that have sold Life Storage company stock in the last two years include Andrew J Gregoire, Arthur L Havener, Jr, David L Rogers, Edward F Killeen, Joseph Saffire, and Stephen R Rusmisel. View insider buying and selling activity for Life Storage or view top insider-selling stocks. Which major investors are buying Life Storage stock? LSI stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Centersquare Investment Management LLC, Goldman Sachs Group Inc., Vanguard Group Inc., Cbre Investment Management Listed Real Assets LLC, Invesco Ltd., SG Americas Securities LLC, and Lord Abbett & CO. LLC. 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 $112.64. How much money does Life Storage make? Life Storage (NYSE:LSI) has a market capitalization of $9.50 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 $3.41 on an earnings per share basis. How many employees does Life Storage have? Life Storage employs 2,241 workers across the globe. When was Life Storage founded? Life Storage was founded in 2011. How can I contact Life Storage? Life Storage's mailing address is 6467 Main Street, Williamsville NY, 14221. The official website for Life Storage 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 6/27/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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