Life Storage Inc - Registered Shares (LSI)

Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 900 storage facilities in 31 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry.

Company profile

Ticker

LSI

Exchange

NYSE

Website

www.lifestorage.com

CEO

Joseph Saffire

Incorporated

Maryland

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • Simon Property • VEREIT • Prologis • Vornado Realty Trust • Vornado Realty • Welltower • Healthpeak Properties • Erp Operating LTD Partnership ...

Former names

SOVRAN SELF STORAGE INC

SEC CIK

0000944314

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

161194043

LSI stock data

1M 1Y 5Y

Calendar

4 Aug 22

18 Aug 22

31 Dec 22

Financial summary

Financial statements Chart LSI financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	55.06M	55.06M	55.06M	55.06M	55.06M	55.06M
Cash burn (monthly)	40.46M	(no burn)	(no burn)	25.07M	(no burn)	(no burn)
Cash used (since last report)	186.68M	n/a	n/a	115.69M	n/a	n/a
Cash remaining	-131.62M	n/a	n/a	-60.62M	n/a	n/a
Runway (months of cash)	-3.3	n/a	n/a	-2.4	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

LSI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Aug 22	Saffire Joseph	Common Stock	Sell	Dispose S	No	No	131.22	5,044	661.87K	61,305
26 May 22	Rogers David L	Common Stock	Grant	Acquire A	No	No	0	967	0	144,345
26 May 22	Hamilton Dana	Deferred Common Stock Unit Common Stock	Grant	Acquire A	No	No	0	967	0	1,985
26 May 22	Hamilton Dana	Common Stock unit Common Stock	Grant	Acquire A	No	No	0	263.85	0	1,613.51
26 May 22	Rusmisel Stephen R	Deferred Common Stock Unit Common Stock	Grant	Acquire A	No	No	0	967	0	1,985
26 May 22	Mark G Barberio	Common Stock	Grant	Acquire A	No	No	0	967	0	7,886

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

LSI institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.