Media coverage about Life Storage (NYSE:LSI) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Life Storage earned a news impact score of 0.23 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 47.8636548195469 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of analysts have recently commented on the company. Citigroup cut Life Storage from a “buy” rating to a “neutral” rating and set a $95.00 target price on the stock. in a research report on Thursday, December 14th. B. Riley set a $70.00 target price on Life Storage and gave the stock a “sell” rating in a research report on Monday, December 4th. UBS Group lowered Life Storage from a “neutral” rating to a “sell” rating and set a $75.00 price target on the stock. in a report on Friday, December 15th. Wells Fargo & Co set a $91.00 price target on Life Storage and gave the stock a “hold” rating in a report on Thursday, November 30th. Finally, SunTrust Banks reissued a “hold” rating and set a $80.00 price target on shares of Life Storage in a report on Friday, November 24th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $81.79.

Life Storage (NYSE LSI) traded up $0.97 during midday trading on Tuesday, hitting $79.33. The company had a trading volume of 378,244 shares, compared to its average volume of 444,348. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.19 and a current ratio of 0.19. Life Storage has a 52-week low of $69.00 and a 52-week high of $91.75. The stock has a market capitalization of $3,690.00, a price-to-earnings ratio of 39.47, a P/E/G ratio of 3.14 and a beta of 0.52.

The business also recently declared a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Tuesday, January 16th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend was Friday, January 12th. Life Storage’s dividend payout ratio is currently 199.00%.

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Life Storage Company Profile

Life Storage, Inc, formerly Sovran Self Storage, Inc, is a self-administered and self-managed real estate company. The Company acquires, owns and manages self-storage properties. The Company owns its assets and conducts its operations through Life Storage LP (the Operating Partnership) and subsidiaries of the Operating Partnership.

Insider Buying and Selling by Quarter for Life Storage (NYSE:LSI)

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