Life Storage, Inc. which can be found using ticker (LSI) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 141 and 101 suggesting an average Analsyt target price of $129.91. Given that the stocks previous close was at $124.46 and the analysts are correct then there would likely be a percentage uptick in value of 4.4%. The 50 day moving average now sits at $118.41 and the 200 moving average now moves to $113.88. The total market capitalization for the company now stands at $11,185m. Visit the company website at: https://www.lifestorage.com
The potential market cap would be $11,674m based on the market consensus.
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.
The company has a dividend yield of 3.86% with the ex dividend date set at 12-1-2023 (DMY).
Other points of data to note are a P/E ratio of 30.13, revenue per share of 12.42 and a 4.2% return on assets.
