Life Storage, Inc. | REIT Profile

Symbol: LSI
CIK: 944314
Exchange: NYSE
Founded: 1982 (39 years)
HQ: Buffalo, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Self Storage

See LSI on Google Finance
See LSI on Yahoo Finance
See LSI on SEC.gov

Website Logo  Facebook Logo  Twitter Logo  Google Plus Logo  Linkedin Logo  Instagram Logo  YouTube Logo  Pinterest Logo  Wikipedia Logo  RSS Logo 

Overall Score: 8.3

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Life Storage, Inc. Company Logo

Stock Chart

See in Advanced Graph View

Hightlights of Trading Day February 25, 2021


REIT Profile Hightlights of Trading Day

Dividend of Trading Day February 25, 2021


Dividend of Trading Day

Latest News Headlines


See more news headlines for Life Storage, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day February 25, 2021


Key Stats of Trading Day

Latest REIT Community Comments on #LSI


See more community comments related to LSI

Properties Owned by LSI


Properties Based on REIT's Official Presentation

Properties Types States Countries
700 1 28 1

Please visit REIT’s official webpage for the most up-to-date property list.

LSI Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website


Properties Based on Earnings Report's 10-K

Properties Based on Earnings Report's 10-K

Occupancy Rate


Occupancy Rate

REIT Simulation


REIT Simulation

Dividend History


Dividend History

Financial Statements Overview


Financial Statements Overview

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Balance Shee

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Income Statement

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Cash Flow

About Life Storage, Inc.


Life Storage, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT) that acquires and manages self-storage properties throughout the United States. Headquartered in Buffalo, New York, the company employs over 1,600 people and operates approximately 700 self-storage facilities encompassing over 45 million square feet in 29 states. Life Storage, Inc. currently operates under the brand name Life Storage®, and is one of the largest self-storage companies in the world. Prior to 2017, the company operated under the brand Uncle Bob’s Self Storage®. Founded in 1982, the company was originally a financial planning firm but opened its first self-storage facility in Florida in 1985.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
6 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 4.1
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.1
10 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.9
10 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
9 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.9
9 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
8 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.0
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.7
Rating Leverage Section Avg. Rating
8 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 7.8
8 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.6
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
8 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.0
9 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.9
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.4
7 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.9
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
9 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
8.3 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Public Storage (PSA) 8.4 NYSE Large-Cap Self Storage United States
Acadia Realty Trust (AKR) 7.3 NYSE Small-Cap Retail United States
Extra Space Storage, Inc. (EXR) 8.3 NYSE Large-Cap Self Storage United States

Last updated: 2021-02-26