Somewhat Positive Press Coverage Somewhat Unlikely to Affect Life Storage (LSI) Stock Price

News articles about Life Storage (NYSE:LSI) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Life Storage earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.9291808982016 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Shares of Life Storage (LSI) opened at $84.84 on Thursday. The company has a market cap of $3,950.00, a price-to-earnings ratio of 42.21, a PEG ratio of 3.45 and a beta of 0.64. Life Storage has a 52-week low of $69.00 and a 52-week high of $91.75. 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 (NYSE:LSI) last announced its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.35 by ($0.54). Life Storage had a net margin of 17.79% and a return on equity of 4.65%. analysts anticipate that Life Storage will post 5.28 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Tuesday, January 16th will be given a dividend of $1.00 per share. The ex-dividend date is Friday, January 12th. This represents a $4.00 annualized dividend and a dividend yield of 4.71%. Life Storage’s payout ratio is 199.00%.

Several brokerages have recently weighed in on LSI. BMO Capital Markets reiterated a “sell” rating and set a $73.00 price target on shares of Life Storage in a research note on Thursday, November 2nd. Wells Fargo & Co set a $91.00 price target on shares of Life Storage and gave the stock a “hold” rating in a research note on Thursday, November 30th. Zacks Investment Research upgraded shares of Life Storage from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a research note on Friday, November 3rd. B. Riley set a $70.00 price target on shares of Life Storage and gave the stock a “sell” rating in a research note on Tuesday, November 14th. Finally, SunTrust Banks reiterated a “hold” rating and set a $75.00 price target on shares of Life Storage in a research note on Friday, November 3rd. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $81.00.

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About Life Storage

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.

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