Life Storage, Inc. (LSI)
| Market Cap | 8.28B |
| Revenue (ttm) | 641.72M |
| Net Income (ttm) | 162.52M |
| Shares Out | 75.39M |
| EPS (ttm) | 2.24 |
| PE Ratio | 47.05 |
| Forward PE | n/a |
| Dividend | $2.91 |
| Dividend Yield | 2.75% |
| Trading Day | June 16 |
| Last Price | $105.58 |
| Previous Close | $107.18 |
| Change ($) | -1.60 |
| Change (%) | -1.49% |
| Day's Open | 107.43 |
| Day's Range | 105.54 - 107.90 |
| Day's Volume | 373,136 |
| 52-Week Range | 58.41 - 108.18 |
Life Storage (LSI) delivered FFO and revenue surprises of 6.93% and 4.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #FFO--Life Storage reports operating results for first quarter of 2021. The Company operates more than 950 self-storage facilities in 33 states and Canada.
Real estate investment trusts (REITs) are the kind of investment that the Reddit/WallStreetBets crowd would probably sneer at, but the reality is we are now in no-man's-land when it comes to the stock m...
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage will release 1st quarter 2021 earnings on May 4. The Company operates over 925 self-storage facilities in 32 states & Ontario, Canada
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces quarterly dividend of $0.74 per share. The Company operates over 925 self-storage facilities in 32 states and Ontario, Canada.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage, Inc. announces launch of micro-fulfillment center in Chicago by its subsidiary, Warehouse Anywhere in partnership with Deliverr.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage, Inc. reports 4th quarter and year end results. The Company operates over 900 self-storage facilities in 31 states and Ontario, Canada.
Life Storage (LSI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces Susan Harnett to the Board of Directors. The Company operates over 900 self-storage facilities in 31 states & Ontario, Canada.
As the performance of REITs depends on the underlying asset types and location of properties, not all companies suffered pandemic-related setbacks in Q4.
The self-storage industry is growing, but which of the top players in the space is most attractive?
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage will release 4th quarter 2020 earnings on February 22. The Company operates over 900 self storage facilities in 31 states and Canada.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces tax allocations of 2020 dividend distributions. The Company operates over 900 self storage facilities in 31 states and Canada.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces increase in quarterly dividend and a Three-for-Two Stock Split. The Company operates over 900 self storage facilities.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #Deliverr--Life Storage, Inc. launches a micro-fulfillment center in Las Vegas by its subsidiary, Warehouse Anywhere in partnership with Deliverr.
Life Storage is one of the top 6 institutional self-storage operators in the U.S., with a growing focus on major markets. It continues to add new properties to its owned portfolio and to its third-party...
Life Storage, Inc. (LSI) CEO Joe Saffire on Q3 2020 Results - Earnings Call Transcript
Life Storage (LSI) delivered FFO and revenue surprises of 2.01% and 3.81%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #FFO--Life Storage reports operating results for third quarter of 2020. The Company operates more than 900 self-storage facilities in 30 states and Canada.
Self Storage REITs have been unexpected leaders throughout the pandemic. Riding the tailwinds of the single-family housing boom, storage REITs are one of four property sectors in positive territory this...
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage will release 3rd quarter 2020 earnings on November 5. The Company operates over 900 self-storage facilities in 30 states&Ontario, Canada
Life Storage is a REIT that manages self-storage properties, and it operates across the United States, and in Ontario, Canada. The post A Group of Stocks More Profitable than Tech appeared first on Inve...
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces quarterly dividend of $1.07 per share. The Company operates over 900 self storage facilities in 30 states and Ontario, Canada.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage will participate in roundtable at BAML virtual conference.
Life Storage (LSI) prices $400 million of 2.200% senior notes due 2030 to bolster liquidity. However, the notes offering increases its long-term financial obligation.
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage prices offering of senior notes.
Life Storage, Inc. (LSI) CEO Joe Saffire on Q2 2020 Results - Earnings Call Transcript
Life Storage (LSI) delivered FFO and revenue surprises of 0.71% and -0.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #FFO--Life Storage reports operating results for 2nd quarter of 2020.
Life Storage Inc. (LSI) CEO Joe Saffire on Q1 2020 Results - Earnings Call Transcript
Life Storage (LSI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
There are certain companies out there that I call "heads-I-win-tails-I-win" stocks, and these five names are prime examples of that.
The U.S. is poised to enter a recession amid the growing coronavirus pandemic, but this outlook is favorable for self-storage companies, according to BofA Securities.
Life Storage, Inc. (LSI) CEO Joseph Saffire on Q4 2019 Results - Earnings Call Transcript
Life Storage (LSI) delivered FFO and revenue surprises of 0.70% and 0.89%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
One of the few unintended consequences of lower interest rates is the effect it has on savers and people that rely on reasonably safe and secure income.
Although Life Storage Inc (NYSE: LSI) may continue to record decelerating top line growth, improved supply visibility and better expense control may allow the company to generate growth in funds from op...
Backed by multiple revenue drivers and a solid balance sheet, Life Storage (LSI) seems well poised to continue cash flow and dividend growth.
REITs have scope to excel in 2020, with economic indicators still holding well and a number of underlying asset categories displaying favorable market fundamentals.
Check out some income-generating assets that go beyond dividend stocks and bonds. These two REITs are great for smart investors.
Life Storage, Inc. (LSI) CEO Joseph Saffire on Q3 2019 Results - Earnings Call Transcript
Life Storage (LSI) delivered FFO and revenue surprises of 0.69% and -0.84%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Does Life Storage (LSI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Life Storage, Inc. (LSI) CEO Joe Saffire on Q2 2019 Results - Earnings Call Transcript
Life Storage (LSI) delivered FFO and revenue surprises of 0.71% and 1.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Though Life Storage (LSI) sells 32 self-storage properties to an Inland affiliate, the company will continue managing these properties through a long-term management agreement.
According to the GuruFocus All-in-One Screener, the following companies have high dividend yields but performed poorly over the last 12 months.
About LSI
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.
| Industry REIT-Industrial | IPO Date Jun 20, 1995 |
| CEO Joseph Saffire | Employees 2,078 |
| Stock Exchange NYSE | Ticker Symbol LSI |
Financial Performance
In 2020, Life Storage's revenue was $616.77 million, an increase of 7.31% compared to the previous year's $574.74 million. Earnings were $151.57 million, a decrease of -41.41%.
Analyst Forecasts
According to 10 analysts, the average rating for Life Storage stock is "Buy." The 12-month stock price forecast is 105.20, which is a decrease of -0.36% from the latest price.