How to buy Life Storage stock - 08 March

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How to buy Life Storage stock

Own Life Storage stock in just a few minutes.

Fact checked

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 2,078 staff and has a trailing 12-month revenue of around USD$621.6 million.

How to buy shares in Life Storage

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. 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.
  6. 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.

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 2021-03-03.
52-week rangeUSD$43.3596 - USD$125.63
50-day moving average USD$82.6807
200-day moving average USD$76.4902
Wall St. target priceUSD$90.4
PE ratio 39.0939
Dividend yield USD$2.88 (3.46%)
Earnings per share (TTM) USD$2.13

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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.

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 39x. In other words, Life Storage shares trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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$361.8 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$621.6 million
Operating margin TTM 39.36%
Gross profit TTM USD$413 million
Return on assets TTM 3.41%
Return on equity TTM 6.68%
Profit margin 24.38%
Book value $32.112
Market capitalisation USD$6.3 billion

TTM: trailing 12 months

Shorting Life Storage shares

There are currently 1.6 million Life Storage shares held short by investors – that's known as Life Storage's "short interest". This figure is 12.9% down from 1.9 million 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 642009.01960784). Life Storage's SIR currently stands at 2.55. In other words for every 100,000 Life Storage shares traded daily on the market, roughly 2550 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 0.0304% of the tradable shares (for every 100,000 tradable Life Storage shares, roughly 30 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

49%

Dividend payout ratio: 49.13% of net profits

Recently Life Storage has paid out, on average, around 49.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.56% 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 3.56% return on their shares, in the form of dividend payments. In Life Storage's case, that would currently equate to about $2.88 per share.

While Life Storage's payout ratio might seem fairly standard, it's worth remembering that Life Storage may be investing much of the rest of its net profits in future growth.

Life Storage's most recent dividend payout was on 27 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 January 2021 (the "ex-dividend date").

Have Life Storage's shares ever split?

Life Storage's shares were split on a 3:2 basis on 28 January 2021. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Life Storage shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Life Storage shares which in turn could have impacted Life Storage's share price.

Life Storage share price volatility

Over the last 12 months, Life Storage's shares have ranged in value from as little as $43.3596 up to $125.63. 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 0.3234. 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 900 storage facilities in 30 states and in the province of 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 500,000 customers, making it a leader in the industry.

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