Life Storage (LSI) Given Coverage Optimism Rating of 0.05
Press coverage about Life Storage (NYSE:LSI) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Life Storage earned a news impact score of 0.05 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 45.7703798246662 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern’s rankings:
- Daily Dividend Report: LSI, BXG, NHF, COG (msn.com)
- Notable Wednesday Option Activity: FIVE, LSI, T (nasdaq.com)
- Life Storage Inc (LSI) Announces Quarterly Dividend of $1.00 (americanbankingnews.com)
- Life Storage Inc (LSI) Expected to Announce Quarterly Sales of $132.88 Million (americanbankingnews.com)
- Zacks: Analysts Anticipate Life Storage Inc (LSI) to Announce $1.31 EPS (americanbankingnews.com)
A number of research firms have commented on LSI. BMO Capital Markets reiterated a “sell” rating and set a $73.00 target price on shares of Life Storage in a research report on Thursday, November 2nd. Evercore ISI reiterated an “underperform” rating and set a $76.00 target price (up from $71.00) on shares of Life Storage in a research report on Thursday, September 14th. Wells Fargo & Co set a $91.00 target price on Life Storage and gave the stock a “hold” rating in a research report on Thursday, November 30th. Zacks Investment Research upgraded Life Storage from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Friday, November 3rd. Finally, B. Riley set a $70.00 target price on Life Storage and gave the stock a “sell” rating in a research report on Tuesday, November 14th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $81.79.
Shares of Life Storage (LSI) opened at $87.46 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.19 and a quick ratio of 0.19. Life Storage has a 12-month low of $69.00 and a 12-month high of $91.75. The stock has a market capitalization of $4,070.00, a price-to-earnings ratio of 43.51, a PEG ratio of 3.65 and a beta of 0.64.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Tuesday, January 16th will be given a $1.00 dividend. The ex-dividend date of this dividend is Friday, January 12th. This represents a $4.00 annualized dividend and a dividend yield of 4.57%. Life Storage’s dividend payout ratio is currently 199.00%.
Life Storage Company Profile
Life Storage, Inc, formerly Sovran Self Storage, Inc, is a self-administered and self-managed real estate company. The Company acquires, owns and manages self-storage properties. The Company owns its assets and conducts its operations through Life Storage LP (the Operating Partnership) and subsidiaries of the Operating Partnership.
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