LSI stock news

Although Life Storage Inc (NYSE: LSI ) may continue to record decelerating top line growth, improved supply visibility and better expense control may allow the company to generate growth in funds from operations in 2020, according to BofA Securities. The Analyst Bank of America analyst Jeffrey Spector upgraded Life Storage from Underperform to Neutral, raising the price target from $102 to $111. The Thesis While Life Storage may face supply pressures and decelerating same store revenues, its supply exposure is much lower than was earlier anticipated, Spector said in the upgrade note. The company’s new supply under construction as a percentage of existing stock was 2.7% for the third quarter of … Full story available on Read more
Backed by multiple revenue drivers and a solid balance sheet, Life Storage (LSI) seems well poised to continue cash flow and dividend growth. Read more
BUFFALO, N.Y.--(BUSINESS WIRE)---- $LSI #FFO--Life Storage reports operating results for 3rd quarter of 2019. The Company operates more than 825 self storage facilities in 29 states and Canada. Read more
Does Life Storage (LSI) have what it takes to be a top stock pick for momentum investors? Let's find out. Read more
Life Storage (LSI) delivered FFO and revenue surprises of 0.71% and 1.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock? Read more
Though Life Storage (LSI) sells 32 self-storage properties to an Inland affiliate, the company will continue managing these properties through a long-term management agreement. Read more

KeyBanc Upgrades 2 Storage Companies

07:55pm, Tuesday, 11'th Jun 2019
Self-storage REITs are performing better than expected throughout 2019, and the group's outlook through 2020 is improving relative to prior expectations, according to KeyBanc Capital Markets. The Analyst Todd Thomas upgraded Life Storage Inc (NYSE: LSI ) from Sector Weight to Overweight with a new $106 price target. The analyst also upgraded Public Storage (NYSE: PSA ) from Underweight to Sector Weight. Life Storage Life Storage has underperformed the storage sector by nearly 1,000 basis points in 2019 despite reporting a better-than-expected revenue growth rate of 2.4 percent in the first quarter, Thomas said in the Monday upgrade note. (See his track record here .) The occupancy comp is likely to remain favorable for at least one or two quarters, the analyst said. The company increased rates for existing customers earlier than expected, with subsequent increases coming every 12 months, he said. These factors should have a notable impact on same-store revenue growth in 2019, and rival companies … Read more
Life Storage (LSI) delivered FFO and revenue surprises of -0.76% and -0.99%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock? Read more
Traders might be taking a second look at shares of Life Storage (LSI). After a recent spotcheck, we can see that the SuperTrend line is now above the current stock price. This signal may alert traders Read more
Currently, traders are closely monitoring shares of Life Storage (LSI). Recently, we have spotted Span A below Span B. If this position sticks, traders might be looking for a bearish move lower. With Read more
Big Money Sentiment decreased to 0 in Q4 2018. It has change of Infinity, from 2018Q3's Infinity. The ratio turned negative due to Life Storage, Inc. Read more
Looking at stock performance over the past year, we note that Life Storage, Inc. (NYSE:LSI) has seen a rise. Over the last 52-weeks, the stock has moved 18.03% to the upside. Investors will be watchin Read more
BUFFALO, N.Y.--(BUSINESS WIRE)--lt;a href="" target="_blank"gt;$LSIlt;/agt; lt;a href="" target="_blank"gt;#LSIlt;/a Read more
Life Storage, Inc. (NYSE:LSI) has been in the news after the price of the stock hit $96.78 at the conclusion of the most recent close. The stock is traded on NYSE in the Finance sector and REIT and Eq Read more

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