Life Storage Inc (LSI) Stock Forecast & Predictions

Life Storage Inc - Registered Shares LSI: $94.71

6467 Main St, Williamsville, New York, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.lifestorage.com/

  • Market Cap$7.24B
  • Change (52 Weeks)64.60%
  • Low (52 Weeks)$52.95
  • Life Storage Inc (LSI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Life Storage Inc (LSI) stock price is $94.71 and the 52 weeks low is $52.95, which means the Life Storage Inc stock price is up 64.60% in the last 12 months.

    Life Storage Inc (LSI) Stock Price has been Trending Strongly with an ADX reading of 27.00 as per the Weekly Chart.

    A Upward trend indicates that Life Storage Inc (LSI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that LSI Stock price might rise further, 25.00% indicating that LSI Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall LSI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Life Storage Inc (LSI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Life Storage Inc (LSI) is based on 14 Institutional Analyst Ratings where 42.86% are on Strong Buy, 35.71% on Moderate Buy, 21.43% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended LSI stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Life Storage Inc.

    Life Storage Inc (LSI) Stock Price Prediction By Analysts


    HighLowAverage
    $107.10$88.88$96.19
    $96.191.56% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for LSI set by the institutional analysts is $96.19 where High Estimate is $107.10, Median $96.39 and Low $88.88.

    The average price target for LSI by Institutional Analysts is $96.19, which is 1.56% Upside from the current price. So according to the Institutional Analysts, LSI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Life Storage Inc (LSI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Evercore ISI GroupOutperformUpgraded
    Evercore ISI GroupIn-LineDowngraded
    KeyBancOverweightMaintained
    BMO CapitalOutperformUpgraded
    KeyBancOverweightMaintained
    Raymond JamesOutperformUpgraded
    KeyBancOverweightMaintained
    Wells FargoEqual-WeightMaintained
    StifelBuyMaintained
    SunTrust Robinson HumphreyEqual-WeightMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    Raymond JamesMarket PerformDowngraded
    CitigroupBuyUpgraded
    Wells FargoEqual-WeightMaintained
    StifelBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    KeyBancOverweightMaintained
    BairdNeutralMaintained
    Bank of AmericaNeutralUpgraded
    Stifel NicolausBuyUpgraded
    KeyBancOverweightMaintained
    JefferiesBuyUpgraded
    Raymond JamesOutperformMaintained
    BairdNeutralUpgraded
    StifelHoldInitiated
    KeyBancOverweightMaintained
    Raymond JamesOutperformUpgraded
    KeyBancOverweightUpgraded
    Bank of AmericaUnderperformDowngraded
    CitigroupNeutralMaintained
    Bank of AmericaNeutralMaintained
    CitigroupNeutralMaintained
    Bank of AmericaNeutralMaintained
    BMO CapitalMarket PerformUpgraded
    CitigroupNeutralMaintained
    BairdUnderperformDowngraded
    CitigroupNeutralDowngraded
    Evercore ISI GroupIn-LineUpgraded
    Bank of AmericaNeutralUpgraded
    Cantor FitzgeraldNeutralMaintained
    Bank of AmericaUnderperformDowngraded
    FBR CapitalSellDowngraded
    BMO CapitalUnderperformInitiated
    KeyBancSector WeightUpgraded
    JefferiesHoldMaintained
    Evercore ISI GroupUnderperformDowngraded
    Bank of AmericaNeutralMaintained
    Bank of AmericaNeutralDowngraded
    Cantor FitzgeraldNeutralDowngraded
    SunTrust Robinson HumphreyHoldDowngraded
    BairdNeutralDowngraded
    BMO CapitalOutperformUpgraded
    CitigroupBuyUpgraded
    Morgan StanleyEqual-weightDowngraded
    LazardNeutralDowngraded
    Craig-HallumSellDowngraded
    TopekaHoldDowngraded
    MizuhoNeutralDowngraded
    Longbow ResearchNeutralDowngraded
    LazardNeutralDowngraded
    Morgan StanleyOverweightUpgraded
    Longbow ResearchBuyInitiated
    TopekaBuyInitiated
    Goldman SachsNeutralDowngraded
    FBR CapitalMarket PerformDowngraded
    WedbushNeutralMaintained
    BarclaysEqual-WeightDowngraded
    WunderlichBuyInitiated
    UBSNeutralMaintained
    WedbushNeutralDowngraded
    FBR CapitalOutperformMaintained
    WedbushOutperformMaintained
    Goldman SachsBuyUpgraded
    BenchmarkHoldInitiated
    FBR CapitalOutperformMaintained
    Pacific CrestOutperformInitiated
    FBR CapitalOutperformMaintained

    Life Storage Inc (LSI) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.620
    The average consensus EPS for LSI is $0.620 with a high estimate of $0.683 and Low of $0.536 for the period 2021-06-30 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.78$0.876682020-09-30


    The latest average Earning Per Share Estimate for Life Storage Inc is $0.62, which is lower than LSI's last EPS, $0.78. This means that Analysts are expecting Life Storage Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Life Storage Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.78$0.876682020-09-30
    $0.78$0.77770000000000012020-06-30
    $0.78$0.82483672020-03-31
    $0.93$0.83829999999999992019-12-31
    $0.85$0.89553672019-09-30
    $0.87$0.94939999999999992019-06-30
    $0.74$0.85344999999999992019-03-31
    $1.98$0.78780000000000012018-12-31
    $0.88$0.88543672018-09-30
    $0.84$0.81812018-06-30
    $0.73$0.729222018-03-31
    $0.7$0.7751752017-12-31
    $0.76$0.5529752017-09-30
    $0.42$0.61612017-06-30
    $0.44$0.488163299999999972017-03-31
    $0.42$0.45113672016-12-31
    $-0.1$0.14476332016-09-30
    $1.03$0.76423672016-06-30
    $0.73$0.701952016-03-31
    $0.83$0.86862015-12-31
    $0.88$0.85849999999999992015-09-30
    $0.8$0.78275000000000012015-06-30
    $0.65$0.72722015-03-31
    $0.76$0.72722014-12-31
    $0.77$0.73732014-09-30
    $0.62$0.69185000000000012014-06-30
    $0.51$0.60970672014-03-31
    $0.62$0.621152013-12-31
    $0.62$0.61953399999999992013-09-30
    $0.57$0.53866332013-06-30
    $0.47$0.46462013-03-31
    $0.44$0.46796332012-12-31
    $0.47$0.46462012-09-30
    $0.39$0.45214672012-06-30
    $0.39$0.36362012-03-31
    $0.37$0.40534332011-12-31
    $0.08$0.157562011-09-30
    $0.35$0.34062252011-06-30
    $0.3$0.3032011-03-31
    $0.31$0.3216852010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).