Life Storage, Inc. with ticker code (LSI) have now 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 154 and 101 and has a mean target at $135.67. Given that the stocks previous close was at $134.72 this is indicating there is a potential upside of .7%. Also worth taking note is the 50 day moving average now sits at $127.47 and the 200 day MA is $115.97. The market capitalization for the company is $11,485m. Company Website: https://www.lifestorage.com
The potential market cap would be $11,566m 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 1,150 storage facilities in 37 states and the District of Columbia. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to more than 675,000 customers, making it a leader in the industry.
The company has a dividend yield of 3.56% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 31.6, revenue per share of 12.42 and a 4.2% return on assets.
