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

Life Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "LSI."

Life Storage announced a quarterly dividend on Tuesday, July 2nd. Investors 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 annualized dividend and a yield of 3.85%. The ex-dividend date is Monday, July 15th. View Life Storage's Dividend History.

Life Storage Inc (NYSE:LSI) issued its quarterly earnings results 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 earned $145 million during the quarter, compared to analysts' expectations of $142.96 million. Life Storage had a net margin of 37.17% and a return on equity of 10.21%. Life Storage's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 earnings per share. View Life Storage's Earnings History.

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

Life Storage issued an update on 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 estimate of $5.59.

8 brokers 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 year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets 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.

Media headlines about LSI stock have trended positive on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. 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 sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Life Storage.

Life Storage saw a increase in short interest in 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 days-to-cover ratio is presently 4.6 days. Currently, 3.5% of the shares of the stock are sold short. View Life Storage's Current Options Chain.

Some companies that are related to Life Storage include Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), HCP (HCP), Extra Space Storage (EXR), WP Carey (WPC), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Host Hotels and Resorts (HST), Gecina (GECFF), Vornado Realty Trust (VNO) and Regency Centers (REG).

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).

Life Storage's stock is owned by a variety of of retail and institutional 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 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.

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.

LSI stock was bought 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.

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.

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

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.

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

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.