|Bid||127.33 x 800|
|Ask||131.90 x 900|
|Day's range||127.89 - 129.65|
|52-week range||94.02 - 146.66|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||30.11|
|Forward dividend & yield||4.80 (3.71%)|
|Ex-dividend date||13 Apr 2023|
|1y target est||N/A|
Life Storage (LSI) delivered FFO and revenue surprises of -0.61% and 3.90%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
For nearly 20 years, Public Storage has held the title of being the largest publicly traded self-storage real estate investment trust (REIT). On April 3, Extra Space Storage (NYSE: EXR) said its agreed to acquire Life Storage (NYSE: LSI) in an all-stock transaction valued at $12.7 billion. This deal will make Extra Space Storage the largest self-storage operator by facility count and will increase its portfolio of self-storage properties by more than 50%.
There really isn't a bad time to invest in dividend stocks. Bear markets, for example, can be a prime investment opportunity for income stocks since yield and pricing work inversely. Considering many top dividend stocks are quickly recovering from last year's volatility, the higher-than-average yields we've been seeing might not be around much longer.
Extra Space's (EXR) all-stock deal to acquire Life Storage to create the largest storage company in the country.
Life Storage (LSI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Extra Space Storage (NYSE: EXR) unveiled a bold move this week. It agreed to acquire rival self-storage REIT Life Storage (NYSE: LSI) in an all-stock deal. The transaction will create the largest player in the self-storage industry, vaulting past Public Storage (NYSE: PSA), which had been trying to buy Life Storage.
Investors are flocking to self-storage real estate investment trust (REIT) Life Storage (NYSE: LSI). Talk of a potential buyout from its larger peer, Public Storage (NYSE: PSA), and super-strong earnings for the full year 2022 drove its share price up 26% since the start of the year. Life Storage is without a doubt a solid dividend stock for an income investor.
Both Blackstone and Life Storage have been on the rise since the start of 2023 and this could just be the beginning.
These two stocks are designed to perform well, no matter what the economy and stock market are doing.
One of the biggest benefits of owning dividend stocks is having your income grow over time as dividend payouts increase. A lot of dividend stocks pay an attractive yield, but not every stock will increase those dividends steadily. Three high-yield dividend stocks that recently raised their payouts by 10% or more are Prologis (NYSE: PLD), Invitation Homes (NYSE: INVH), and Life Storage (NYSE: LSI).
Public Storage wants to get bigger, but an acquisition target rejected what it thinks is a low-ball offer.
Life Storage, EPR Properties, and Digital Realty Trust are excellent income generators with long-term growth potential.
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Life Storage (LSI) delivered FFO and revenue surprises of 3.05% and 1.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
By Davit Kirakosyan
By Davit Kirakosyan
You don't have to choose between income and growth when deciding which stocks to buy -- some excellent businesses offer a lot of both. Two in particular that are worth a closer look right now are real estate investment trusts, or REITs, that operate in two of the hottest subsectors of commercial properties.
Public Storage (NYSE: PSA) is already the largest real estate investment trust (REIT) focused on self-storage properties. While Life Storage has repeatedly rebuffed its overtures, that's not stopping Public Storage from pressing for a deal. It recently made its offer public to pressure Life Storage to negotiate.
Yahoo Finance Live anchors discuss how Life Storage, Newmont, and Danaher stocks are moving following reports of M&A activity.
Life Storage (NYSE: LSI) deserves to be included in the pantheon of powerhouse dividend stocks for a couple of good reasons: Its proven performance record and its position in a niche that's still growing. For starters, as a real estate investment trust (REIT), Life Storage is obliged to pay out at least 90% of its taxable income as dividends each year.
Lower share prices are increasing dividend yields, and many of these dividend payers are solid companies that are earning enough to keep boosting those dividends even in this uncertain economy. Three dividend stocks that continue to increase their payouts despite lowered share prices are Life Storage (NYSE: LSI), Realty Income (NYSE: O), and Digital Realty Trust (NYSE: DLR).
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is...
Maintaining its impressive track record of increasing dividends, Life Storage (LSI) announces an 11.1% hike in quarterly distributions.
Long-term growth in the short-term storage industry has made this sector attractive to investors for years, and Life Storage (NYSE: LSI) is hardly an exception. The chart below shows how Life Storage -- one of the largest real estate investment trusts (REITs) in the self-storage market -- would have turned a $1,000 investment into $33,470 since its 1995 initial public offering, compared with $12,370 in total return for the S&P 500. You couldn't exactly have bought Life Storage shares back then.