Life Storage, Inc. LSI
133.10 0.00 (+0.00%)
At closeJul 19, 2023, 4:04 PM EDT
132.94 Day range 138.88
52-week range unavailable
- Market cap
- 12.15B
- Revenue (ttm)
- 1.09B
- Profit margin
- 33.69%
- Shares out
- 85.09M
- Forward P/E
- 28.00
- Dividend
- 3.60 (2.65%)
- Ex-dividend date
- Jul 11, 2023
- Volume
- 7.21M
- Open
- 135.00
- Previous close
- 133.10
- Day's range
- 132.94 – 138.88
- Beta
- 0.64
- Analysts
- Hold
- Price target
- 141.00 (+5.9%)
- Earnings date
- Aug 2, 2023
ALL +78.95 (+145.80%)
Key statistics
- Enterprise value
- 15.15B
- PEG ratio
- 5.93
- Price / sales
- 11.17
- Price / book
- 3.29
- Dividend yield
- 2.65%
- Payout ratio
- 101.40%
- Revenue growth
- 16.80%
- Free cash flow
- 456.02M
- Total cash
- 32.77M
- Total debt
- 3.42B
- Return on equity
- 9.98%
- Short % of float
- 2.18%
- 50-day average
- 131.41
- 200-day average
- 118.08
Analyst view
Consensus: hold
Hold
Price target (mean) 141.00 +5.9% upside
Now 133.10
- Target (low)
- 122.00
- Target (mean)
- 141.00
- Target (high)
- 154.00
Ratings (0m) 14 1 buy · 9 hold · 4 sell
- Strong buy1
- Buy0
- Hold9
- Sell4
- Strong sell0
Next earnings
Aug 2, 2023
Expected Aug 2, 2023. Consensus EPS estimate 1.14.
Financials — quick view
LSI Revenue — quarterly 273.60M
LSI Net income — quarterly 81.61M
LSI EPS — quarterly 0.96
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 2, 2023 | Jun 1, 2023 | 1.74 | — | — | — |
| May 2, 2023 | Mar 1, 2023 | 1.64 | — | — | — |
| Feb 23, 2023 | Dec 1, 2022 | 1.64 | — | — | — |
| Nov 2, 2022 | Sep 1, 2022 | 1.66 | — | — | — |
| Aug 3, 2022 | Jun 1, 2022 | 1.53 | — | — | — |
| May 4, 2022 | Mar 1, 2022 | 1.41 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 16, 2023 | Truist Securities | main | — | Hold |
| May 12, 2023 | Stifel | main | Buy | Buy |
| Apr 13, 2023 | Wolfe Research | down | Outperform | Peer Perform |
| Apr 5, 2023 | Keybanc | main | — | Overweight |
| Apr 4, 2023 | Raymond James | main | — | Outperform |
| Mar 21, 2023 | Raymond James | main | — | Outperform |
About Life Storage, Inc.
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.
- Sector
- Real Estate
- Industry
- REIT—Industrial
- Country
- United States
- Website
- lifestorage.com
News
LSI Industries Q1 Earnings Call Highlights 
Merger Madness Among REITs Heats Up This Summer 
The Best-Performing REITs Of The First Half Of 2023 
3 REITs With Spectacular Returns In 2023 
Earnings Scheduled For February 23, 2023 - Stocks That Hit 52-Week Lows On Thursday
Stocks That Hit 52-Week Lows On Tuesday 
Earnings Scheduled For November 2, 2022 - Earnings Scheduled For August 3, 2022
- Benzinga's Top Ratings Upgrades, Downgrades For June 21, 2022
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BARBERIO MARK G | Director | Conversion of Exercise of derivative security | Jun 7, 2023 | 23,647 |
| DODMAN DAVID P | Chief Operating Officer | Stock Award(Grant) | Feb 8, 2023 | 20,316 |
| GREGOIRE ANDREW J | Chief Financial Officer | Sale | Mar 13, 2022 | 102,128 |
| HARNETT SUSAN S | Director | Stock Award(Grant) | May 17, 2023 | 3,165 |
| HAVENER ARTHUR L JR | Director | Sale | Jun 6, 2023 | 15,382 |
| KILLEEN EDWARD F | Chief Operating Officer | Sale | Dec 5, 2021 | 28,652 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 15.19% | 12,923,018 | 1.78B | Mar 30, 2023 |
| Blackrock Inc. | 11.43% | 9,723,086 | 1.34B | Mar 30, 2023 |
| State Street Corporation | 5.51% | 4,689,946 | 647.35M | Mar 30, 2023 |
| Norges Bank Investment Management | 3.53% | 3,002,559 | 414.44M | Dec 30, 2022 |
| Price (T.Rowe) Associates Inc | 2.70% | 2,300,980 | 317.60M | Mar 30, 2023 |
| JP Morgan Chase & Company | 2.45% | 2,084,968 | 287.79M | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Specialized-Real Estate Index Fund | 4.42% | 3,762,696 | 519.36M | Jan 30, 2023 |
| iShares Core S&P Midcap ETF | 3.11% | 2,646,952 | 365.36M | Feb 27, 2023 |
| Vanguard Total Stock Market Index Fund | 3.04% | 2,587,200 | 357.11M | Dec 30, 2022 |
| Vanguard Small-Cap Index Fund | 2.57% | 2,189,806 | 302.26M | Dec 30, 2022 |
| Vanguard Small Cap Value Index Fund | 1.80% | 1,534,409 | 211.79M | Dec 30, 2022 |
| MFS Series Trust XI-MFS Mid Cap Value Fund | 1.49% | 1,268,202 | 175.05M | Dec 30, 2022 |