S&P 500   3,841.94
DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:LSI

Life Storage Stock Forecast, Price & News

$82.26
+0.59 (+0.72 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$80.28
Now: $82.26
$82.41
50-Day Range
$79.99
MA: $83.59
$123.09
52-Week Range
$44.87
Now: $82.26
$87.21
Volume622,891 shs
Average Volume673,236 shs
Market Capitalization$6.21 billion
P/E Ratio25.16
Dividend Yield3.56%
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

Headlines

Life Storage, Inc. (LSI) Q4 2020 Earnings Call Transcript
February 23, 2021 |  finance.yahoo.com
Life Storage Q4 Earnings Preview
February 23, 2021 |  seekingalpha.com
Life Storage: An Excellent Business For Patient Investors
February 12, 2021 |  seekingalpha.com
LSI Crosses Above Average Analyst Target
December 23, 2020 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP84610H10
Phone716-633-1850
Employees2,078
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$574.74 million
Cash Flow$5.37 per share
Book Value$45.71 per share

Profitability

Net Income$258.70 million

Miscellaneous

Market Cap$6.21 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.99 out of 5 stars

Finance Sector

231st out of 1,940 stocks

Real Estate Investment Trusts Industry

46th out of 273 stocks

Analyst Opinion: 1.4Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$82.26
+0.59 (+0.72 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Life Storage (NYSE:LSI) Frequently Asked Questions

Is Life Storage a buy right now?

9 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 7 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 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.

Are investors shorting Life Storage?

Life Storage saw a decline in short interest during the month of February. As of February 12th, there was short interest totaling 1,640,000 shares, a decline of 19.6% from the January 28th total of 2,040,000 shares. Based on an average daily volume of 653,700 shares, the days-to-cover ratio is presently 2.5 days.
View Life Storage's Short Interest
.

When is Life Storage's next earnings date?

Life Storage is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
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 Sunday, February, 21st. The real estate investment trust reported $0.57 EPS for the quarter, missing the Zacks' consensus estimate of $1.04 by $0.47. The real estate investment trust had revenue of $166.51 million for the quarter, compared to the consensus estimate of $161.41 million. Life Storage had a trailing twelve-month return on equity of 7.09% and a net margin of 25.67%. The business's quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.44 earnings per share.
View Life Storage's earnings history
.

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

Life Storage's stock was trading at $70.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LSI shares have increased by 16.0% and is now trading at $82.26.
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 declared a quarterly dividend on Tuesday, January 5th. Stockholders of record on Friday, January 15th will be paid a dividend of $0.74 per share on Wednesday, January 27th. This represents a $2.96 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, January 14th.
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 3.56%. Life Storage does not yet have a strock track record of dividend growth. The dividend payout ratio of Life Storage is 52.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Life Storage will have a dividend payout ratio of 46.84% 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 Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly issued shares were distributed 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 FY21 earnings guidance on Monday, February, 22nd. The company provided EPS guidance of $4.18-4.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.25.

What price target have analysts set for LSI?

9 equities research analysts have issued 1-year target prices for Life Storage's stock. Their forecasts range from $64.00 to $94.00. On average, they expect Life Storage's stock price to reach $81.63 in the next year. This suggests that the stock has a possible downside of 0.8%.
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 $1.06M)
  • Mr. Andrew J. Gregoire CPA, CFO & Sec. (Age 53, Pay $865.62k)
  • Mr. Edward F. Killeen, Chief Operating Officer (Age 57, 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 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.59%), Northern Trust Corp (1.05%), Dimensional Fund Advisors LP (1.01%), JPMorgan Chase & Co. (0.85%), Charles Schwab Investment Management Inc. (0.82%) and Bank of New York Mellon Corp (0.80%). 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 NN Investment Partners Holdings N.V., Los Angeles Capital Management LLC, JPMorgan Chase & Co., Reinhart Partners Inc., Tudor Investment Corp Et Al, Morgan Stanley, Credit Suisse AG, and Sei Investments Co.. 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 Norges Bank, Sumitomo Mitsui Trust Holdings Inc., Long Pond Capital LP, BlackRock Inc., Monarch Partners Asset Management LLC, B&I Capital AG, UBS Asset Management Americas Inc., and Waterfront Capital Partners 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
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 $82.26.

How much money does Life Storage make?

Life Storage has a market capitalization of $6.21 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.

How many employees does Life Storage have?

Life Storage employs 2,078 workers across the globe.

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 3/7/2021 by MarketBeat.com Staff

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