U.S. Markets closed

Is Life Storage, Inc. (NYSE:LSI) Potentially Underrated?

Simply Wall St

Life Storage, Inc. (NYSE:LSI) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of LSI, it is a well-regarded dividend payer with a great history of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Life Storage here.

Solid track record average dividend payer

In the previous year, LSI has ramped up its bottom line by 61%, with its latest earnings level surpassing its average level over the last five years. Not only did LSI outperformed its past performance, its growth also surpassed the REITs industry expansion, which generated a 17% earnings growth. This is what investors like to see!

NYSE:LSI Income Statement, October 14th 2019

Income investors would also be happy to know that LSI is a great dividend company, with a current yield standing at 3.7%. LSI has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:LSI Historical Dividend Yield, October 14th 2019

Next Steps:

For Life Storage, there are three pertinent aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for LSI’s future growth? Take a look at our free research report of analyst consensus for LSI’s outlook.
  2. Financial Health: Are LSI’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of LSI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.