Our top pick for
Beginners
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
How to buy Life Storage stock | 116.34
Own Life Storage stock in just a few minutes.
Life Storage, Inc is a reit—industrial business based in the US. Life Storage shares (LSI) are listed on the NYSE and all prices are listed in US Dollars. Life Storage employs 1,943 staff and has a trailing 12-month revenue of around USD$591.9 million.
How to buy shares in Life Storage
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Life Storage. Find the stock by name or ticker symbol: LSI. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Life Storage reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$116.34, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Life Storage, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Life Storage. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
How has coronavirus impacted Life Storage's share price?
Since the stock market crash in March caused by coronavirus, Life Storage's share price has had significant negative movement.
Its last market close was USD$116.34, which is 0.99% down on its pre-crash value of USD$117.5 and 72.84% up on the lowest point reached during the March crash when the shares fell as low as USD$67.31.
If you had bought USD$1,000 worth of Life Storage shares at the start of February 2020, those shares would have been worth USD$621.54 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,027.28.
Life Storage share price
Use our graph to track the performance of LSI stocks over time.Life Storage shares at a glance
Information last updated 2020-10-14.
| Latest market close | USD$116.34 |
|---|---|
| 52-week range | USD$67.31 - USD$119.61 |
| 50-day moving average | USD$108.4837 |
| 200-day moving average | USD$98.3586 |
| Wall St. target price | USD$113.45 |
| PE ratio | 20.9818 |
| Dividend yield | USD$4.28 (3.76%) |
| Earnings per share (TTM) | USD$5.493 |
Compare trading platforms
Compare special offers, low fees and a wide range of types of investments among top trading platforms.The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Life Storage stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Life Storage price performance over time
Historical closes compared with the close of $116.34 from 2020-10-16
| 1 week (2020-10-16) | 116.34 |
|---|---|
| 1 month (2020-09-25) | 10.42% |
| 3 months (2020-07-24) | 24.57% |
| 6 months (2020-04-24) | 31.80% |
| 1 year (2019-10-25) | 11.51% |
|---|---|
| 2 years (2018-10-25) | 24.04% |
| 3 years (2017-10-25) | 43.33% |
| 5 years (2015-10-23) | 16.83% |
Is Life Storage under- or over-valued?
Valuing Life Storage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Life Storage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Life Storage's P/E ratio
Life Storage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Life Storage shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Life Storage's PEG ratio
Life Storage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.34. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Life Storage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Life Storage's EBITDA
Life Storage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$346.2 million.
The EBITDA is a measure of a Life Storage's overall financial performance and is widely used to measure a its profitability.
Life Storage financials
| Revenue TTM | USD$591.9 million |
|---|---|
| Operating margin TTM | 39.61% |
| Gross profit TTM | USD$383.8 million |
| Return on assets TTM | 3.51% |
| Return on equity TTM | 12.21% |
| Profit margin | 43.32% |
| Book value | $45.551 |
| Market capitalisation | USD$5.4 billion |
TTM: trailing 12 months
Shorting Life Storage shares
There are currently 937,089 Life Storage shares held short by investors – that's known as Life Storage's "short interest". This figure is 30.1% up from 720,461 last month.
There are a few different ways that this level of interest in shorting Life Storage shares can be evaluated.
Life Storage's "short interest ratio" (SIR)
Life Storage's "short interest ratio" (SIR) is the quantity of Life Storage shares currently shorted divided by the average quantity of Life Storage shares traded daily (recently around 384052.86885246). Life Storage's SIR currently stands at 2.44. In other words for every 100,000 Life Storage shares traded daily on the market, roughly 2440 shares are currently held short.
However Life Storage's short interest can also be evaluated against the total number of Life Storage shares, or, against the total number of tradable Life Storage shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Life Storage's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Life Storage shares in existence, roughly 20 shares are currently held short) or 0.0281% of the tradable shares (for every 100,000 tradable Life Storage shares, roughly 28 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Life Storage.
Find out more about how you can short Life Storage stock.
Life Storage share dividends
Dividend payout ratio: 78.1% of net profits
Recently Life Storage has paid out, on average, around 78.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Life Storage shareholders could enjoy a 3.76% return on their shares, in the form of dividend payments. In Life Storage's case, that would currently equate to about $4.28 per share.
Life Storage's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Life Storage's most recent dividend payout was on 26 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 October 2020 (the "ex-dividend date").
Life Storage share price volatility
Over the last 12 months, Life Storage's shares have ranged in value from as little as $67.31 up to $119.61. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Life Storage's is 0.3806. This would suggest that Life Storage's shares are less volatile than average (for this exchange).
Life Storage 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 875 storage facilities in 29 states and Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 475,000 customers, making it a leader in the industry.
Frequently asked questions
More guides on Finder
-
How to buy Universal Music Group (LSI.US) stock when it goes public
Everything we know about the Universal Music Group IPO, plus information on how to buy in.
-
How to buy Allegro MicroSystems (ALGM) stock when it goes public
Everything we know about the Allegro MicroSystems IPO, plus information on how to buy in.
-
How to buy Sancai Holding Group (SCIT) stock when it goes public
Everything we know about the Sancai Holding Group IPO, plus information on how to buy in.
-
How to buy Therapix Biosciences (TRPX) stock when it goes public
Everything we know about the Therapix Biosciences IPO, plus information on how to buy in.
-
How to buy M/I Homes stock | 43.97
Steps to owning and managing MHO, with 24-hour and historical pricing before you buy.
-
How to buy Harmonic stock | 7.07
Steps to owning and managing HLIT, with 24-hour and historical pricing before you buy.
-
How to buy Exela Technologies stock | 0.4377
Steps to owning and managing XELA, with 24-hour and historical pricing before you buy.
-
How to buy Pinduoduo stock | 86.91
Steps to owning and managing PDD, with 24-hour and historical pricing before you buy.
-
How to buy JAKKS Pacific stock | 4.55
Steps to owning and managing JAKK, with 24-hour and historical pricing before you buy.
-
How to buy Immunomedics stock | 87.86
Steps to owning and managing IMMU, with 24-hour and historical pricing before you buy.
Ask an Expert