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

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

Life Storage declared a quarterly dividend on Thursday, January 2nd. Shareholders of record on Tuesday, January 14th will be given a dividend of $1.07 per share on Monday, January 27th. This represents a $4.28 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend is Monday, January 13th. This is an increase from Life Storage's previous quarterly dividend of $1.00. View Life Storage's Dividend History.

Life Storage Inc (NYSE:LSI) posted its quarterly earnings data on Wednesday, October, 30th. The real estate investment trust reported $0.85 EPS for the quarter, missing the consensus estimate of $1.45 by $0.60. The real estate investment trust had revenue of $145.63 million for the quarter, compared to analysts' expectations of $146.77 million. Life Storage had a net margin of 54.38% and a return on equity of 14.85%. Life Storage's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.45 earnings per share. View Life Storage's Earnings History.

Life Storage is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Life Storage.

Life Storage issued an update on its FY20 earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $5.93-6.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.78.

7 equities research analysts have issued 1 year price targets for Life Storage's shares. Their forecasts range from $100.00 to $122.00. On average, they anticipate Life Storage's share price to reach $110.29 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Life Storage.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Life Storage.

Media coverage about LSI stock has been trending very positive this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Life Storage earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Life Storage.

Life Storage saw a decline in short interest in December. As of December 13th, there was short interest totalling 953,200 shares, a decline of 23.7% from the November 28th total of 1,250,000 shares. Based on an average daily trading volume, of 397,100 shares, the short-interest ratio is currently 2.4 days. Currently, 2.1% of the company's shares are sold short. View Life Storage's Current Options Chain.

Some companies that are related to Life Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Life Storage investors own include Intel (INTC), Starbucks (SBUX), Home Depot (HD), Walt Disney (DIS), Verizon Communications (VZ), QUALCOMM (QCOM), AT&T (T), Extra Space Storage (EXR), Cisco Systems (CSCO) and Alphabet (GOOG).

Life Storage's stock is owned by a variety of of retail and institutional investors. Top institutional investors include PGGM Investments (1.60%), New York State Teachers Retirement System (0.19%), Strs Ohio (0.14%), Courier Capital LLC (0.11%), Contravisory Investment Management Inc. (0.08%) and Nisa Investment Advisors LLC (0.07%). 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.

LSI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Jaguar Listed Property LLC, Manning & Napier Group LLC, Nisa Investment Advisors LLC, Campbell & CO Investment Adviser LLC, Courier Capital LLC, Zurcher Kantonalbank Zurich Cantonalbank and Carroll Financial Associates Inc.. 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 and Edward F Killeen. View Insider Buying and Selling for Life Storage.

LSI stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, State of Alaska Department of Revenue, Convergence Investment Partners LLC, Strs Ohio, New York State Teachers Retirement System, Pensionfund DSM Netherlands, Leavell Investment Management Inc. and Pensionfund Sabic. 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, Robinhood, Fidelity and Charles Schwab.

One share of LSI stock can currently be purchased for approximately $114.30.

Life Storage has a market capitalization of $5.33 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.