Life Storage, Inc. with ticker code (LSI) now have 10 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 154 and 101 calculating the mean target price we have $132.60. Now with the previous closing price of $145.42 this indicates there is a potential downside of -8.8%. The 50 day MA is $124.97 while the 200 day moving average is $115.36. The company has a market cap of $12,372m. You can visit the company’s website by visiting: https://www.lifestorage.com
The potential market cap would be $11,281m 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 3.32% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 34.01, revenue per share of 12.42 and a 4.2% return on assets.
