
Life Storage, the company behind the LSI stock symbol, is a leading self-storage company with a strong presence in the market.
Their stock has been a consistent performer, with a history of steady growth and increasing revenue.
In 2020, the company reported a 10% increase in same-store revenue, demonstrating its ability to adapt to changing market conditions.
As a result, investors have taken notice, driving up the stock's value and making it a popular choice for those looking to diversify their portfolios.
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Life Storage Stock Performance
Life Storage's stock has seen some impressive growth over the years, with a 5-year annualized return of 20.16%. This is significantly higher than the S&P's 5-year annualized return of 13.93%.
The company's share price has also been relatively stable, with a daily average volume of 2,443,662 in the last financial year. However, the stock price did experience a significant drop in the last year, with a starting price of $132.83 and a lowest price of $129.76.
Here are some key statistics highlighting the stock's performance:
It's worth noting that the stock price has been relatively stable over the past few months, with a consistent daily movement of around -1.66% in the last few days of July 2023.
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Life Storage Return vs S&P Return

Life Storage (LSI) has outperformed the S&P in the long term, with a 5-year annualized return of 20.16% compared to the S&P's 13.93%.
According to the data, Life Storage's 5-year return is significantly higher than the S&P's. In fact, it's more than six percentage points higher.
Here's a comparison of Life Storage's return against the S&P's:
As you can see, Life Storage has consistently outperformed the S&P over the past 5 years, with a much higher return. This is a significant advantage for investors who have held onto Life Storage stock.
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Why Life Storage Stock Dropped 12% in May
Life Storage Stock Dropped 12% in May due to analysts growing less optimistic about the REIT's near-term upside potential. This decline in optimism was a key factor in the stock's significant drop.
Analysts are the ones who have been lowering their expectations, leading to a decrease in investor confidence. It's not uncommon for market fluctuations to be influenced by the opinions of these experts.

The REIT's near-term upside potential is what's being questioned, and it's a crucial aspect of the company's future growth. As a result, investors are reevaluating their positions in the stock.
The drop in May was a significant event, but it's essential to consider the broader market trends and the company's overall performance.
Stock Market Update
LSI stock is soaring today, and it's all thanks to the company's recently published quarterly results. LSI's quarterly results delivered good news on multiple fronts.
The news is a welcome change for investors, who have been eagerly awaiting updates on the company's performance.
LSI Industries stock has seen significant gains, and it's likely to continue its upward trend.
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Earnings and Financials
LSI Industries, the company behind the LYTS stock symbol, has released its quarterly earnings calls, providing valuable insights into its financial performance.
The Q4 2022 earnings call for the period ending March 31, 2022, is a notable release, offering a snapshot of the company's financial health at the end of the quarter.
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LSI Industries' cash flow is a crucial aspect of its financials, and all cash flow is not created equal.
The Q1 2022 earnings call for the period ending September 30, 2021, highlights the company's financial performance during this time period, which is a year before the Q4 2022 call.
The earnings call for the period ending June 30, 2022, provides a mid-year financial update, showcasing the company's progress during this time.
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Q4 2022 Earnings Call
LSI Industries (LYTS) held its Q4 2022 Earnings Call for the period ending March 31, 2022. This earnings call was a significant event for investors and stakeholders, providing insight into the company's financial performance.
The earnings call was a crucial moment for LSI Industries, offering a snapshot of its financial health. No specific details about the earnings call itself are provided in the article section.
The company's financial performance was a major focus during the Q4 2022 Earnings Call. While we can't know the specifics without more information, it's clear that the call was an important event for LSI Industries and its stakeholders.
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Here are some key events that occurred around the same time as the Q4 2022 Earnings Call:
Q1 2022 Earnings Call
Life Storage, Inc. (LSI) reported its Q1 2022 earnings on September 30, 2021. The company's performance was a topic of interest among investors and analysts.
According to the Q1 2022 earnings call transcript, we can see that the company's stock price has been on a roll. LSI's stock price has increased by +19.56% over the past year, outperforming the S&P's +17.58% gain.
The company's long-term growth has been impressive as well. Over the past five years, LSI's stock price has surged by +150.52%, compared to the S&P's +91.99% gain.
Here's a comparison of LSI's and S&P's performance over the past year and five years:
Analysts' recommendations for LSI's stock have been mixed in recent months. On the one hand, Truist Securities raised their price target to $122 from $120, while Stifel adjusted their price target to $145 from $140. On the other hand, Wolfe Research downgraded LSI to Peer Perform from Outperform, which may indicate some concerns about the company's near-term upside potential.
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Do You Trust Earnings?
Earnings can be a tricky thing to trust. All cash flow is not created equal.
LSI Industries' earnings calls for the period ending June 30, 2022, and December 31, 2021, show that cash flow is a key factor in determining earnings.
Earnings calls provide valuable insights into a company's financial health. LYTS earnings call for the period ending June 30, 2022, highlights the importance of scrutinizing cash flow.
You should look for consistency in a company's earnings over time. LYTS earnings call for the period ending December 31, 2021, shows that consistent earnings are a good sign.
Share Price and History
Lsi stock symbol has a share price history that's worth taking a look at. The share price has been relatively stable over the past few months, with some minor fluctuations.
On August 15, 2023, the share price opened at $135.34 and closed at $133.10, with a daily movement of -2.24 (-1.66%). This is consistent with the trend seen on the previous days, where the share price has been stuck in a narrow range.
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The share price has been trading in a tight range between $132.95 and $138.44, with the majority of the days seeing a close price of $133.10. This suggests that the market is waiting for some kind of catalyst to push the price up or down.
Here's a breakdown of the daily highs and lows for the past few months:
It's worth noting that the share price has been impacted by some negative news on July 19, 2023, when it dropped by 5.7 (-4.08%) to $134.12. However, this was followed by a minor recovery on July 18, 2023, when the share price rose by 0.63 (0.45%) to $139.82.
News and Updates
LSI Industries stock is soaring today due to the company's recently published quarterly results, which delivered good news on multiple fronts.
The quarterly results showed that LSI Industries is performing well, with the company's financials indicating a positive trend.
The good news on multiple fronts is a significant factor contributing to the stock's rise, making it an attractive investment opportunity for some.
LSI Industries' quarterly results revealed strong financials, which is likely to have a positive impact on the stock's performance in the future.
Frequently Asked Questions
Who are the shareholders of LSI?
Largest shareholders of LSI include Norges Bank, Hbk Investments L P, and Lord, Abbett & Co. These prominent investors hold significant stakes in the company.
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