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NYSE:LSI

Life Storage Stock Forecast, Price & News

$123.32
+3.12 (+2.60 %)
(As of 01/15/2021 03:28 PM ET)
Add
Compare
Today's Range
$119.62
Now: $123.32
$123.37
50-Day Range
$108.47
MA: $115.21
$121.48
52-Week Range
$67.31
Now: $123.32
$122.42
Volume11,003 shs
Average Volume753,527 shs
Market Capitalization$6.10 billion
P/E Ratio37.71
Dividend Yield3.52%
Beta0.32
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.
Life Storage logo

MarketRank

Overall MarketRank

1.68 out of 5 stars

Finance Sector

479th out of 1,651 stocks

Real Estate Investment Trusts Industry

116th out of 253 stocks

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP84610H10
Phone716-633-1850
Employees1,943

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$574.74 million
Cash Flow$8.34 per share
Book Value$45.71 per share

Profitability

Net Income$258.70 million

Miscellaneous

Market Cap$6.10 billion
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$123.32
+3.12 (+2.60 %)
(As of 01/15/2021 03:28 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Life Storage (NYSE:LSI) Frequently Asked Questions

How has Life Storage's stock price been impacted by Coronavirus?

Life Storage's stock was trading at $106.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LSI shares have increased by 15.5% and is now trading at $122.88.
View which stocks have been most impacted by COVID-19
.

Is Life Storage a buy right now?

10 Wall Street research 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 research analysts is that investors should "buy" Life Storage stock.
View analyst ratings for Life Storage
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Life Storage?

Wall Street analysts have given Life Storage a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Life Storage wasn't one of them. MarketBeat thinks these five stocks 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 Wednesday, February 17th 2021.
View our earnings forecast for Life Storage
.

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) issued its earnings results on Thursday, November, 5th. The real estate investment trust reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by $0.71. The real estate investment trust earned $156.30 million during the quarter, compared to analysts' expectations of $150.56 million. Life Storage had a return on equity of 7.09% and a net margin of 25.67%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.46 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 announced a quarterly dividend on Tuesday, January 5th. Investors of record on Friday, January 15th will be given a dividend of $1.11 per share on Wednesday, January 27th. This represents a $4.44 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Thursday, January 14th. This is a positive change from Life Storage's previous quarterly dividend of $1.07.
View Life Storage's dividend history
.

Is Life Storage a good dividend stock?

Life Storage pays an annual dividend of $4.28 per share and currently has a dividend yield of 3.52%. Life Storage does not yet have a strock track record of dividend growth. The dividend payout ratio of Life Storage is 76.16%. 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 67.72% 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 minted shares will be distributed 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 price target have analysts set for LSI?

10 brokerages have issued 12-month target prices for Life Storage's stock. Their forecasts range from $96.00 to $140.00. On average, they anticipate Life Storage's share price to reach $115.73 in the next year. This suggests that the stock has a possible downside of 5.8%.
View analysts' price targets for Life Storage
or view Wall Street analyst' top-rated stocks.

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).

Who are Life Storage's key executives?

Life Storage's management team includes the following people:
  • Mr. Joseph V. Saffire, CEO & Director (Age 50, Pay $1.06M)
  • Mr. Andrew J. Gregoire CPA, CFO & Sec. (Age 52, Pay $865.62k)
  • Mr. Edward F. Killeen, Chief Operating Officer (Age 56, Pay $823.62k)
  • 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 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 number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%), Louisiana State Employees Retirement System (0.02%), HGK Asset Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%), Redpoint Investment Management Pty Ltd (0.01%) and First Hawaiian Bank (0.00%). 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 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 HGK Asset Management Inc., First Hawaiian Bank, Redpoint Investment Management Pty Ltd, and Crossmark Global Holdings Inc.. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, and David L Rogers.
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 6 Meridian, Louisiana State Employees Retirement System, and State of Alaska Department of Revenue. 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.

What is Life Storage's stock price today?

One share of LSI stock can currently be purchased for approximately $122.88.

How big of a company is Life Storage?

Life Storage has a market capitalization of $6.08 billion and generates $574.74 million in revenue each year. The real estate investment trust earns $258.70 million in net income (profit) each year or $5.62 on an earnings per share basis. Life Storage employs 1,943 workers across the globe.

What is Life Storage's official website?

The official website for Life Storage is 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.

This page was last updated on 1/15/2021 by MarketBeat.com Staff

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