Life Storage (LSI) Stock Price, News & Analysis

Company Overview

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 1,200 storage facilities in 37 states and the District of Columbia. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to more than 690,000 customers, making it a leader in the industry.

Key Stats

• Today's Range: $132.94 to $139.20
• 50-Day Range: $126.63 to $139.89
• 52-Week Range: $94.02 to $146.66
• Volume: 7.21 million shs
• Average Volume: 1.06 million shs
• Market Capitalization: $11.33 billion
• P/E Ratio: 30.88
• Dividend Yield: 2.70%
• Price Target: N/A
• Consensus Rating: N/A

LSI Stock Analysis - Frequently Asked Questions

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) released its quarterly earnings data on Wednesday, August, 3rd. The real estate investment trust reported $1.09 EPS for the quarter, missing analysts' consensus estimates of $1.53 by $0.44. Life Storage had a trailing twelve-month return on equity of 10.43% and a net margin of 33.96%.

When did Life Storage's stock split?

Life Storage shares split on the morning of Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly created shares were issued to shareholders after the closing bell on Wednesday, January 27th 2021. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of Life Storage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Life Storage investors own include Meta Platforms (META), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Home Depot (HD), QUALCOMM (QCOM) and Starbucks (SBUX).

Company Calendar

• Last Earnings: 8/03/2022
• Today: 11/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: REIT—Industrial
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:LSI
• CUSIP: 84610H10
• CIK: 944314
• Web: www.lifestorage.com
• Phone: (716) 633-1850
• Fax: 800-800-3456
• Employees: 2,508
• Year Founded: 2011

Profitability

• EPS (Most Recent Fiscal Year): $4.31
• Trailing P/E Ratio: 30.88
• Forward P/E Ratio: 19.40
• P/E Growth: N/A
• Net Income: $358.13 million
• Net Margins: 33.96%
• Pretax Margin: 33.90%
• Return on Equity: 10.43%
• Return on Assets: 5.16%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 0.42
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $1.03 billion
• Price / Sales: 11.01
• Cash Flow: $6.23 per share
• Price / Cash Flow: 21.35
• Book Value: $42.68 per share
• Price / Book: 3.12

Miscellaneous

• Outstanding Shares: 85,090,000
• Free Float: 84,665,000
• Market Cap: $11.33 billion
• Optionable: Optionable
• Beta: 0.65