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 paid a dividend of $1.07 per share on Monday, January 27th. This represents a $4.28 annualized dividend and a yield of 3.62%. The ex-dividend date 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) released its quarterly earnings results on Wednesday, February, 19th. The real estate investment trust reported $0.93 EPS for the quarter, missing the consensus estimate of $1.43 by $0.50. The real estate investment trust had revenue of $147.55 million for the quarter, compared to analyst estimates of $146.29 million. Life Storage had a return on equity of 12.38% and a net margin of 45.01%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.98 EPS. View Life Storage's Earnings History.

Life Storage is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Life Storage.

Life Storage issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $5.94-6.08 for the period, compared to the Thomson Reuters consensus estimate of $5.99.

7 analysts have issued 12 month price targets for Life Storage's stock. Their forecasts range from $100.00 to $122.00. On average, they expect Life Storage's share price to reach $112.14 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. 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 headlines about LSI stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Life Storage earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Life Storage.

Life Storage saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,050,000 shares, an increase of 12.2% from the January 15th total of 935,800 shares. Based on an average daily trading volume, of 387,400 shares, the short-interest ratio is presently 2.7 days. Currently, 2.3% of the company's stock are short sold. View Life Storage's Current Options Chain.

Some companies that are related to Life Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) 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 many different of institutional and retail investors. Top institutional investors include State Street Corp (4.96%), Massachusetts Financial Services Co. MA (3.63%), Goldman Sachs Group Inc. (1.77%), Geode Capital Management LLC (1.68%), Charles Schwab Investment Management Inc. (1.67%) and PGGM Investments (1.60%). 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, State Street Corp, Goldman Sachs Group Inc., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Schroder Investment Management Group, Bank of New York Mellon Corp and Employees Retirement System of Texas. 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 purchased by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Marshall Wace LLP, Russell Investments Group Ltd., Sei Investments Co., Westpac Banking Corp, Bank of America Corp DE, Great West Life Assurance Co. Can and UBS Group AG. 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 $118.18.

Life Storage has a market capitalization of $5.51 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 1,953 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.