NYSE:LSI Life Storage Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Life Storage Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $107.27 -1.79 (-1.64 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$106.73Now: $107.27▼$108.7850-Day Range$97.08MA: $104.25▼$111.4052-Week Range$67.31Now: $107.27▼$119.61Volume579,640 shsAverage Volume389,319 shsMarket Capitalization$5.03 billionP/E Ratio19.57Dividend Yield3.92%Beta0.4 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingLife Storage has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.40, Life Storage has a forecasted upside of 2.9% from its current price of $107.27.Amount of Analyst CoverageLife Storage has only been the subject of 4 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesLife Storage has received 557 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLife Storage has received 578 “underperform” votes. (Add your “underperform” vote.)Community SentimentLife Storage has received 50.93% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Life Storage and other stocks. Vote “Outperform” if you believe LSI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LSI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldLife Storage pays a meaningful dividend of 3.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLife Storage has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Life Storage is 76.16%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Life Storage will have a dividend payout ratio of 72.91% next year. This indicates that Life Storage will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Life Storage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.90% of the stock of Life Storage is held by insiders.Percentage Held by Institutions91.10% of the stock of Life Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Life Storage are expected to grow by 2.80% in the coming year, from $5.71 to $5.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Life Storage is 19.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Life Storage is 19.57, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.21.Price to Earnings Growth RatioLife Storage has a PEG Ratio of 5.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLife Storage has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:LSI Previous Symbol CUSIP84610H10 CIK944314 Webwww.lifestorage.com Phone716-633-1850Debt Debt-to-Equity Ratio0.96 Current Ratio0.25 Quick Ratio0.25Price-To-Earnings Trailing P/E Ratio19.57 Forward P/E Ratio18.79 P/E Growth5.46 Sales & Book Value Annual Sales$574.74 million Price / Sales8.76 Cash Flow$7.82 per share Price / Cash Flow13.71 Book Value$45.71 per share Price / Book2.35Profitability EPS (Most Recent Fiscal Year)$5.62 Net Income$258.70 million Net Margins43.67% Return on Equity12.00% Return on Assets6.01%Miscellaneous Employees1,943 Outstanding Shares46,918,000Market Cap$5.03 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $107.27 -1.79 (-1.64 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LSI News and Ratings via Email Sign-up to receive the latest news and ratings for LSI and its competitors with MarketBeat's FREE daily newsletter. Life Storage (NYSE:LSI) Frequently Asked Questions How has Life Storage's stock been impacted by COVID-19? Life Storage's stock was trading at $106.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LSI stock has increased by 0.8% and is now trading at $107.27. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Life Storage? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Life Storage in the last year. There are currently 5 hold ratings and 6 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, November 4th 2020. View our earnings forecast for Life Storage. How were Life Storage's earnings last quarter? Life Storage Inc (NYSE:LSI) released its earnings results on Thursday, August, 6th. The real estate investment trust reported $0.78 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.41 by $0.63. The real estate investment trust had revenue of $147.03 million for the quarter, compared to analyst estimates of $146.36 million. Life Storage had a net margin of 43.67% and a return on equity of 12.00%. Life Storage's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.42 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 Thursday, July 2nd. Stockholders of record on Tuesday, July 14th will be paid a dividend of $1.07 per share on Monday, July 27th. This represents a $4.28 annualized dividend and a dividend yield of 3.99%. The ex-dividend date is Monday, July 13th. View Life Storage's dividend history. What price target have analysts set for LSI? 11 Wall Street analysts have issued 12-month price targets for Life Storage's shares. Their forecasts range from $96.00 to $122.00. On average, they anticipate Life Storage's stock price to reach $110.40 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View analysts' price targets for Life Storage. Are investors shorting Life Storage? Life Storage saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 720,500 shares, a decline of 15.9% from the August 15th total of 856,900 shares. Based on an average daily volume of 342,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.6% of the company's shares are short sold. View Life Storage's Short Interest. Who are some of Life Storage's key competitors? Some companies that are related to Life Storage include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Healthcare Realty Trust (HR), Rayonier (RYN), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all 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 Starbucks (SBUX), Intel (INTC), Walt Disney (DIS), Verizon Communications (VZ), Home Depot (HD), 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 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.05%), Macquarie Group Ltd. (2.38%), Cbre Clarion Securities LLC (2.27%), Goldman Sachs Group Inc. (1.86%), Aew Capital Management L P (1.35%) and Bank of New York Mellon Corp (1.28%). 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 Prudential Financial Inc., Charles Schwab Investment Management Inc., Vanguard Group Inc., Russell Investments Group Ltd., WINTON GROUP Ltd, APG Asset Management N.V., NN Investment Partners Holdings N.V., and Bank of New York Mellon Corp. View insider buying and selling activity for Life Storage. Which institutional investors are buying Life Storage stock? LSI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Cbre Clarion Securities LLC, Bessemer Group Inc., Nuveen Asset Management LLC, UBS Oconnor LLC, Bank of America Corp DE, Macquarie Group Ltd., and Balyasny Asset Management 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 $107.27. How big of a company is Life Storage? Life Storage has a market capitalization of $5.03 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 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
