Life Storage

Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.

Earnings data Q1 2024

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Life Storage, Inc. is an integrated, self-administered and self-managed real estate investment trust (REIT). Approximately half of the company's revenue is generated by stores in Texas and Florida. The remaining sales are distributed throughout the United States. The majority of the company's operating revenue is generated by rental income from customers renting storage space on a month-to-month basis. The company also provides storage for both individuals and commercial renters, as well as special storage units for vehicles and wine.

Life Storage's expanding dividend and stable business model make it an even more attractive target amid the current market downturn and rising interest rates, as investors clamor for safety.

Bull of the Day: Life Storage, Inc. (LSI)

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces tax allocations of 2021 dividend distributions. The Company operates more than 1,000 self-storage facilities in 35 states.

Life Storage, Inc. Announces Tax Reporting Information for 2021 Distributions

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The Board of Directors of Life Storage, Inc. (NYSE: LSI) announced an increase in the Company's quarterly common stock dividend from $0.86 per share to $1.00 per share or $3.44 to $4.00 annualized. These are the details.

Life Storage Stock (LSI): Quarterly Common Stock Dividend Raised By 16%

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces an increase in their quarterly common stock dividend. The Company operates over 1,000 self-storage facilities in 35 states.

Life Storage, Inc. Raises Quarterly Common Stock Dividend by 16%

Does Life Storage (LSI) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Life Storage (LSI) a Strong Momentum Stock: Buy Now?

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A FROG is a REIT that shows a Fast Rate of Growth, and is likely to outperform the market in total return in the coming year. This article discusses how to identify a FROG, and lists all the FROGs as we head into 2022.

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The REIT self-storage sector outperformed this year and is likely to continue outperforming next year.

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Life Storage, Inc. (LSI) CEO Joseph Saffire on Q3 2021 Results - Earnings Call Transcript

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announces the release of its first sustainability report. The Company operates more than 1,000 self-storage facilities in 34 states.

Life Storage, Inc. Publishes Inaugural Sustainability Report

Life Storage (LSI) delivered FFO and revenue surprises of 7.03% and 4.72%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Life Storage (LSI) Q3 FFO and Revenues Beat Estimates

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #FFO--Life Storage reports operating results for the third quarter of 2021. The Company operates more than 1,000 self-storage facilities in 34 states.

Life Storage, Inc. Reports Third Quarter 2021 Results

Life Storage (LSI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Life Storage (LSI) This Earnings Season?

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Storage REITs stumbled into the pandemic with challenged fundamentals and an outlook for near-zero growth amid oversupply challenges. Catalyzed by the suburban housing boom, self-storage demand is suddenly insatiable. Like a phoenix rising from the ashes, storage REITs have continued their incredible turnaround this year. Consistent with trends across the housing sector, storage rents are soaring across the country.

Storage REITs: Zero To Hero

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage priced an offering of $600 million of senior unsecured notes. The Company operates over 1,000 self-storage facilities in 34 states.

Life Storage, Inc. Prices Offering of Senior Notes

Life Storage (LSI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Here's Why Life Storage (LSI) is Poised for a Turnaround After Losing 8.1% in 4 Weeks

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage will participate in a roundtable at the Bank of America Conference. The Company operates over 1,000 self-storage facilities in 34 states.

Life Storage, Inc. to Present at the Bank of America Securities 2021 Global Real Estate Conference

BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #LSI--Life Storage announced closing of 2,875,000 common stock public offering. The Company operates over 1,000 self-storage facilities in 34 states.

Life Storage, Inc. Announces Closing of Offering of 2,875,000 Shares of Common Stock including Full Exercise of Underwriters' Option to Purchase Additional Shares

News for Life Storage Stock (LSI)