NYSE:LSI - Life Storage Stock Price, News & Analysis

$103.92
-1.00 (-0.95 %)
(As of 08/25/2019 07:16 AM ET)
Today's Range
$103.59
Now: $103.92
$105.47
50-Day Range
$96.55
MA: $100.38
$105.08
52-Week Range
$88.92
Now: $103.92
$105.47
Volume357,842 shs
Average Volume378,377 shs
Market Capitalization$4.85 billion
P/E Ratio18.87
Dividend Yield3.81%
Beta0.37
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP84610H10
Phone716-633-1850

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$550.85 million
Cash Flow$6.6488 per share
Book Value$43.77 per share

Profitability

Net Income$206.59 million

Miscellaneous

Employees1,953
Market Cap$4.85 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, July 2nd. Shareholders of record on Tuesday, July 16th will be given 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 3.85%. 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) announced its quarterly earnings results on Wednesday, July, 31st. The real estate investment trust reported $0.87 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.41 by $0.54. The real estate investment trust earned $145 million during the quarter, compared to the consensus estimate of $142.96 million. Life Storage had a return on equity of 10.21% and a net margin of 37.17%. Life Storage's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.39 EPS. View Life Storage's Earnings History.

When is Life Storage's next earnings date?

Life Storage is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Life Storage.

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 earnings per share (EPS) guidance of $5.56-5.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.59.

What price target have analysts set for LSI?

8 Wall Street analysts have issued 12 month price targets for Life Storage's shares. Their forecasts range from $91.00 to $110.00. On average, they expect Life Storage's share price to reach $101.00 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. 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 coverage about LSI stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Life Storage earned a news impact score of 2.5 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Life Storage.

Are investors shorting Life Storage?

Life Storage saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,623,200 shares, an increase of 19.3% from the June 30th total of 1,360,900 shares. Based on an average daily trading volume, of 353,300 shares, the short-interest ratio is currently 4.6 days. Currently, 3.5% of the company's shares are short sold. View Life Storage's Current Options Chain.

Who are some of Life Storage's key 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), QUALCOMM (QCOM), Extra Space Storage (EXR), AT&T (T), Cisco Systems (CSCO), Gilead Sciences (GILD), Alphabet (GOOG) and Home Depot (HD).

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 investors 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 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 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 purchased 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, Scottrade, Fidelity and Charles Schwab.

What is Life Storage's stock price today?

One share of LSI stock can currently be purchased for approximately $103.92.

How big of a company is Life Storage?

Life Storage has a market capitalization of $4.85 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?

The official website for Life Storage is http://www.lifestorage.com/.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  443 (Vote Outperform)
Underperform Votes:  523 (Vote Underperform)
Total Votes:  966
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.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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