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

Life Storage Stock Analysis - MarketRank™

Life Storage scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Life Storage.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.58%

Earnings Growth

Earnings for Life Storage are expected to grow by 7.58% in the coming year, from $6.86 to $7.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Life Storage is 30.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Life Storage is 30.88, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 242.34.

Price to Book Value per Share Ratio

Life Storage has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LSI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Life Storage pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Life Storage does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Life Storage is 83.53%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Life Storage will have a dividend payout ratio of 48.78% next year. This indicates that Life Storage will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.16

Short Interest

There is no current short interest data available for LSI.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for LSI on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Life Storage insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.40% of the stock of Life Storage is held by insiders.

Percentage Held by Institutions

90.28% of the stock of Life Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LSI Stock Analysis - Frequently Asked Questions

How were Life Storage's earnings last quarter?

Life Storage, Inc. (NYSE:LSI) posted its quarterly earnings results on Wednesday, August, 3rd. The real estate investment trust reported $1.09 EPS for the quarter, missing the consensus estimate 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?

Shares of Life Storage split before market open on Thursday, January 28th 2021. The 3-2 split was announced on Monday, January 4th 2021. The newly created shares were distributed to shareholders after the market closes 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: 12/22/2024
• 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