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NYSE:LSILife Storage Stock Price, Forecast & News

$103.35
+1.99 (+1.96 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$102.45
Now: $103.35
$104.83
50-Day Range
$83.69
MA: $90.58
$101.36
52-Week Range
$67.31
Now: $103.35
$119.61
Volume335,939 shs
Average Volume334,830 shs
Market Capitalization$4.85 billion
P/E Ratio18.55
Dividend Yield4.22%
Beta0.41
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. Life Storage consistently provides responsive service to its 400,000-plus customers, making it a leader in the industry.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.98 out of 5 stars


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$574.74 million
Cash Flow$8.08 per share
Book Value$45.71 per share

Profitability

Net Income$258.70 million

Miscellaneous

Employees1,943
Market Cap$4.85 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Life Storage (NYSE:LSI) Frequently Asked Questions

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

Life Storage's stock was trading at $106.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LSI stock has decreased by 2.8% and is now trading at $103.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Life Storage?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Life Storage.

When is Life Storage's next earnings date?

Life Storage is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Life Storage.

How were Life Storage's earnings last quarter?

Life Storage Inc (NYSE:LSI) announced its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.78 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.40 by $0.62. The real estate investment trust earned $146.94 million during the quarter, compared to the consensus estimate of $145.73 million. Life Storage had a net margin of 44.55% and a return on equity of 12.33%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 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 declared a quarterly dividend on Thursday, April 2nd. Shareholders of record on Tuesday, April 14th will be paid a dividend of $1.07 per share on Monday, April 27th. This represents a $4.28 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Monday, April 13th. View Life Storage's dividend history.

What price target have analysts set for LSI?

9 Wall Street analysts have issued twelve-month target prices for Life Storage's shares. Their forecasts range from $97.00 to $122.00. On average, they expect Life Storage's share price to reach $110.33 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Life Storage.

Has Life Storage been receiving favorable news coverage?

Press coverage about LSI stock has been trending positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Life Storage earned a news impact score of 2.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLife Storage.

Are investors shorting Life Storage?

Life Storage saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 968,700 shares, an increase of 13.6% from the April 30th total of 853,100 shares. Based on an average trading volume of 479,400 shares, the short-interest ratio is currently 2.0 days. Approximately 2.1% of the company's shares are sold short. 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), Home Depot (HD), Verizon Communications (VZ), Walt Disney (DIS), QUALCOMM (QCOM), AT&T (T), CROWN CASTLE IN/SH SH (CCI), Cisco Systems (CSCO) and PepsiCo (PEP).

Who are Life Storage's key executives?

Life Storage's management team includes the following 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

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.01%), Wellington Management Group LLP (5.27%), State Street Corp (4.97%), Massachusetts Financial Services Co. MA (3.66%), Deutsche Bank AG (2.96%) and Invesco Ltd. (2.16%). 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, Kenneth F Myszka 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 BlackRock Inc., Echo Street Capital Management LLC, WINTON GROUP Ltd, Wellington Management Group LLP, Morgan Stanley, Morgan Stanley, Fisher Asset Management LLC, and UBS Group AG. Company insiders that have sold Life Storage company stock in the last year include Andrew J Gregoire, Charles E Lannon, David L Rogers, and Edward F Killeen. View insider buying and selling activity 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 Aew Capital Management L P, Cbre Clarion Securities LLC, Nuveen Asset Management LLC, Bessemer Group Inc., William Blair Investment Management LLC, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc., and HNP Capital LLC. 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Life Storage's stock price today?

One share of LSI stock can currently be purchased for approximately $103.35.

How big of a company is Life Storage?

Life Storage has a market capitalization of $4.85 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 6/6/2020 by MarketBeat.com Staff

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