NYSE:LSI

Life Storage Stock Forecast, Price & News

$117.36
+0.07 (+0.06 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$117.26
$119.76
50-Day Range
$96.99
$117.29
52-Week Range
$63.99
$119.75
Volume533,296 shs
Average Volume565,469 shs
Market Capitalization$9.12 billion
P/E Ratio52.39
Dividend Yield2.52%
Beta0.33
30 days | 90 days | 365 days | Advanced Chart
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Life Storage logo

About Life Storage

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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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.89 out of 5 stars

Finance Sector

633rd out of 2,044 stocks

Real Estate Investment Trusts Industry

144th out of 283 stocks

Analyst Opinion: 1.4Community Rank: 3.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Life Storage (NYSE:LSI) Frequently Asked Questions

Is Life Storage a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Life Storage stock.
View analyst ratings for Life Storage
or view top-rated stocks.

What stocks does MarketBeat like better than Life Storage?

Wall Street analysts have given Life Storage a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Life Storage wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Life Storage's next earnings date?

Life Storage is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Life Storage
.

How can I listen to Life Storage's earnings call?

Life Storage will be holding an earnings conference call on Wednesday, August 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-481-4010 with passcode "42035".

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) issued its earnings results on Tuesday, May, 4th. The real estate investment trust reported $0.63 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.01 by $0.38. The real estate investment trust earned $171.89 million during the quarter, compared to analyst estimates of $164.24 million. Life Storage had a net margin of 25.33% and a trailing twelve-month return on equity of 7.15%. The business's revenue was up 17.0% compared to the same quarter last year. During the same period last year, the firm earned $0.52 earnings per share.
View Life Storage's earnings history
.

How has Life Storage's stock been impacted by COVID-19 (Coronavirus)?

Life Storage's stock was trading at $70.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LSI stock has increased by 65.5% and is now trading at $117.36.
View which stocks have been most impacted by COVID-19
.

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

Life Storage announced a quarterly dividend on Thursday, July 1st. Shareholders of record on Wednesday, July 14th will be paid a dividend of $0.74 per share on Monday, July 26th. This represents a $2.96 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, July 13th.
View Life Storage's dividend history
.

Is Life Storage a good dividend stock?

Life Storage pays an annual dividend of $2.96 per share and currently has a dividend yield of 2.52%. Life Storage does not yet have a strong track record of dividend growth. The dividend payout ratio of Life Storage is 74.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Life Storage will have a dividend payout ratio of 61.28% 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 issued shares were payable to shareholders after the market closes 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 updated its second quarter 2021 earnings guidance on Tuesday, May, 25th. The company provided earnings per share (EPS) guidance of 1.080-1.120 for the period. The company issued revenue guidance of -.

What price target have analysts set for LSI?

7 brokerages have issued twelve-month price targets for Life Storage's shares. Their forecasts range from $88.00 to $122.00. On average, they anticipate Life Storage's share price to reach $100.04 in the next twelve months. This suggests that the stock has a possible downside of 14.8%.
View analysts' price targets for Life Storage
or view top-rated stocks among Wall Street analysts.

Who are Life Storage's key executives?

Life Storage's management team includes the following people:
  • Mr. Joseph V. Saffire, CEO & Director (Age 51, Pay $1.56M)
  • Mr. Andrew J. Gregoire CPA, CFO & Sec. (Age 53, Pay $1.14M)
  • Mr. Edward F. Killeen, Chief Operating Officer (Age 57, Pay $1.14M)
  • Mr. David Dodman, VP of Investor Relations & Strategic Planning
  • John Rogers, VP of Bus. Devel.
  • Christopher Laczi, VP of Marketing
  • Ms. Jennifer Kozub, Director of HR
  • Mr. Randy Hillman, Regional VP
  • Mr. David W. Paolini, VP of Revenue Management
  • Mr. Jeffrey O'Donnell, VP of Information Technology

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?

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), The Walt Disney (DIS), The 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 many different institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.08%), State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.03%), Spirit of America Management Corp NY (0.02%), New Mexico Educational Retirement Board (0.02%) and JLP Asset Management LLC (0.01%). Company insiders that own Life Storage stock include Andrew J Gregoire, Arthur L Havener, Jr, Charles E Lannon, David L Rogers, Edward F Killeen, Edward J Pettinella, Joseph Saffire and Mark G Barberio.
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 Manning & Napier Group LLC, and JLP Asset Management LLC. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, Arthur L Havener, Jr, Edward F Killeen, and Joseph Saffire.
View insider buying and selling activity for Life Storage
or view top insider-selling stocks.

Which institutional investors are buying Life Storage stock?

LSI stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, New Mexico Educational Retirement Board, Spirit of America Management Corp NY, Oregon Public Employees Retirement Fund, and Stratos Wealth Partners LTD.. Company insiders that have bought Life Storage stock in the last two years include Edward J Pettinella, and Mark G Barberio.
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 $117.36.

How much money does Life Storage make?

Life Storage has a market capitalization of $9.12 billion and generates $616.77 million in revenue each year. The real estate investment trust earns $151.57 million in net income (profit) each year or $3.97 on an earnings per share basis.

How many employees does Life Storage have?

Life Storage employs 2,078 workers across the globe.

When was Life Storage founded?

Life Storage was founded in 2011.

What is Life Storage's official website?

The official website for Life Storage is www.lifestorage.com.

Where are Life Storage's headquarters?

Life Storage is headquartered at 6467 Main Street, Williamsville NY, 14221.

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.


This page was last updated on 7/30/2021 by MarketBeat.com Staff
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