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Life Storage Inc (LSI.N)

LSI.N on New York Stock Exchange

88.98USD
11:35am EST
Change (% chg)

$-0.03 (-0.03%)
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$89.01
Open
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Volume
19,252
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$89.85
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Latest Key Developments (Source: Significant Developments)

Life Storage Inc reports Q3 FFO per share of $1.34
Wednesday, 1 Nov 2017 04:10pm EDT 

Nov 1 (Reuters) - Life Storage Inc ::Life Storage, Inc. reports third quarter 2017 results​.Q3 FFO per share $1.34.Q3 adjusted FFO per share $1.39.Sees FY 2017 adjusted FFO per share about $5.26 to $5.30.Qtrly ‍same store quarter end occupancy of 92.7%​.Sees Q4 same store revenue of 0.50 percent to 1.50 pct‍​.Sees Q4 same store net operating income of negative 1.00 percent to 0.00 pct‍​.Same store NOI decreased 0.5% for the Q3 of 2017 as compared to the 3rd quarter of 2016.Sees ‍Q4 FFO per share $1.28 - $1.32 ‍​.  Full Article

Life Storage provides update on Hurricanes Irma and Harvey
Thursday, 14 Sep 2017 04:43pm EDT 

Sept 14 (Reuters) - Life Storage Inc :Life Storage Inc provides update on Hurricanes Irma and Harvey.Life Storage Inc - ‍Announced that 87 of its 95 Florida properties are open for business​.  Full Article

Life Storage Q2 FFO per share $1.24
Wednesday, 2 Aug 2017 04:07pm EDT 

Aug 2 (Reuters) - Life Storage Inc :Life Storage, Inc. reports second quarter 2017 results; announces $200 million share repurchase program; adjusts 2017 guidance.Q2 FFO per share $1.24.Sees FY 2017 adjusted FFO per share about $5.25 to $5.30.Life Storage Inc - Q2 occupancy of 92.8%, a 10 basis point improvement over prior year.Life Storage Inc qtrly same store noi this period decreased 0.6% over Q2 of 2016.Life Storage Inc - board of directors authorized repurchase of up to $200 million of company's outstanding common shares.Life Storage Inc - plans to complete $30 to $40 million of expansions in 2017 with expected yields in excess of 8% at stabilization.Life Storage Inc sees 3Q 2017 adjusted FFO per share $ 1.33 - $ 1.38.Life Storage Inc sees FY 2017 adjusted FFO per share $ 5.25 - $ 5.30.Life Storage Inc sees 3Q 2017 FFO per share $1.33 - $1.38.Life Storage Inc sees FY 2017 FFO per share $5.17 - $5.22.Q3 FFO per share view $1.44 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $5.47 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $1.35 -- Thomson Reuters I/B/E/S.  Full Article

Life Storage Inc announces acquisition of 18 properties through a joint venture
Monday, 5 Jun 2017 04:05pm EDT 

June 5 (Reuters) - Life Storage Inc : :Life Storage Inc announces acquisition of 18 properties through a joint venture.Life Storage Inc announces acquisition of 18 properties through a joint venture.Life Storage Inc - ‍facilities will be managed by company under life storage brand​.  Full Article

Life Storage Q1 FFO per share $1.26
Wednesday, 3 May 2017 04:05pm EDT 

May 3 (Reuters) - Life Storage Inc ::Life Storage Inc reports first quarter 2017 results.Q1 adjusted FFO per share $1.26.Life Storage Inc qtrly same store revenue up by 3.2% compared to Q1 of 2016.Life Storage Inc - grew same store average occupancy for q1 by 20 basis points to 90.6% compared to same period in 2016.Sees adjusted funds from operations to be between $1.32 and $1.38 per share for q2 of 2017.Sees FY 2017 adjusted FFO per share about $5.47 to $5.53.Q1 FFO per share $1.26.Q1 FFO per share view $1.27 -- Thomson Reuters I/B/E/S.Sees Q2 EPS attributable to common shareholders - diluted $ 0.53 - $ 0.59.Sees FY 2017 diluted EPS attributable to common shareholders $2.80 - $2.86.  Full Article

Life Storage raises quarterly common stock dividend
Wednesday, 5 Apr 2017 04:08pm EDT 

Life Storage Inc : Life Storage, Inc. raises quarterly common stock dividend .Announced increase in quarterly common stock dividend from $0.95 per share to $1.00 per share or $3.80 to $4.00 annualized.  Full Article

Security Capital Research & Management reports a 5.5 percent passive stake in Life Storage as of December 30, 2016
Friday, 10 Feb 2017 10:39am EST 

Security Capital Research & Management Inc :Security Capital Research & Management Inc reports a 5.5 percent passive stake in Life Storage as of December 30, 2016- SEC filing.  Full Article

Sovran Self Storage Q2 adjusted FFO per share $1.32
Wednesday, 3 Aug 2016 04:15pm EDT 

Sovran Self Storage Inc : Q2 adjusted FFO per share $1.32 . Sovran self storage reports second quarter results . Q2 FFO per share $1.10 . Sees fy 2016 adjusted FFO per share about $5.30 to $5.34 . Says increased same store revenue by 5.7% and net operating income by 6.8% as compared to q2 of 2015 .Sees adjusted ffo between $1.37 and $1.39 per share for q3 of 2016..  Full Article

Sovran Self Storage acquires LifeStorage
Monday, 18 Jul 2016 08:50am EDT 

Sovran Self Storage Inc : Sovran Self Storage Inc says deal valued at $1.3 billion. . Wells Fargo Securities Llc acted as financial advisor and SunTrust Robinson Humphrey also acted as a financial advisor to Sovran . Sovran Self Storage Inc acquires LifeStorage . Sovran Self Storage Inc acquires LifeStorage . Deal was funded with proceeds of a 6.9 million share common stock offering in May and June 2016 sale of $600 million of 10 year notes .Citigroup Global Markets Inc acted as exclusive financial advisor to LifeStorage.  Full Article

Sovran Self Storage files for potential mixed shelf offering - SEC filing
Monday, 13 Jun 2016 11:42am EDT 

Sovran Self Storage Inc :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

BRIEF-Life Storage Inc reports Q3 FFO per share of $1.34

* Sees Q4 same store net operating income of negative 1.00 percent to 0.00 pct‍​