This company has been acquired
LSI Stock 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 5/6 |
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Life Storage, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$133.10 |
| 52 Week High | US$146.66 |
| 52 Week Low | US$94.02 |
| Beta | 0.64 |
| 1 Month Change | 2.09% |
| 3 Month Change | 0.12% |
| 1 Year Change | 13.09% |
| 3 Year Change | 113.78% |
| 5 Year Change | 111.09% |
| Change since IPO | 763.35% |
Recent News & Updates
Recent updates
The Low Hanging Fruit Phenomenon As Taught By Life Storage
Jun 28Life Storage Q4 2022 Earnings Preview
Feb 22Life Storage Equity Holders Should Expect A Higher Offer From Public Storage
Feb 06Life Storage raises dividend by 11% to $1.20
Jan 03Buying Top-Tier Real Estate With Life Storage
Dec 15Life Storage promotes Alexander Gress to CFO
Oct 25Life Storage Is A Great Bargain Around Its 52-Week Lows
Oct 14Life Storage declares $1.08 dividend
Oct 03Life Storage FFO of $1.65 beats by $0.12, revenue of $257.05M beats by $13.63M
Aug 03Life Storage raises dividend by 8% $1.08
Jul 05The Life Storage Bull Case Got So Much Better
May 22Life Storage Is Firing On All Cylinders
Mar 11Shareholder Returns
| LSI | US Specialized REITs | US Market | |
|---|---|---|---|
| 7D | -4.4% | -0.5% | 0.3% |
| 1Y | 13.1% | 9.4% | 8.0% |
Return vs Industry: LSI exceeded the US Specialized REITs industry which returned -9.8% over the past year.
Return vs Market: LSI matched the US Market which returned 13.3% over the past year.
Price Volatility
| LSI volatility | |
|---|---|
| LSI Average Weekly Movement | 3.2% |
| Specialized REITs Industry Average Movement | 4.5% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 4.2% |
Stable Share Price: LSI has not had significant price volatility in the past 3 months.
Volatility Over Time: LSI's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 2,508 | Joe Saffire | www.lifestorage.com |
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, Inc. Fundamentals Summary
| LSI fundamental statistics | |
|---|---|
| Market cap | US$11.52b |
| Earnings (TTM) | US$366.16m |
| Revenue (TTM) | US$1.09b |
30.9x
P/E Ratio10.4x
P/S RatioIs LSI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LSI income statement (TTM) | |
|---|---|
| Revenue | US$1.09b |
| Cost of Revenue | US$318.98m |
| Gross Profit | US$768.05m |
| Other Expenses | US$401.89m |
| Earnings | US$366.16m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.31 |
| Gross Margin | 70.66% |
| Net Profit Margin | 33.68% |
| Debt/Equity Ratio | 89.5% |
How did LSI perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield65%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/21 11:35 |
| End of Day Share Price | 2023/07/19 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Life Storage, Inc. is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Milligan | Baird |
| Keegan Carl | Berenberg |
| Paul Adornato | BMO Capital Markets Equity Research |