life storage inc

Life Storage, Inc. is a real estate investment trust. It invests in the real estate markets of United States. The

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Life Storage, Inc. (LSI) CEO Joe Saffire on Q1 2019 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

Life Storage: Elevated Supply In Several Markets Will Weigh On Its Results

seekingalpha.com/article/...everal-markets-will-weigh-results

Summary
- Life Storage owns and operates self-storage properties located primarily in the United States.
- Competition expected to intensify due to elevated supply in many of Life Storage’s markets.
- The REIT pays an attractive 4.1%-yielding dividend and its valuation is low when compared to its peers.

Life Storage, Inc. Reports Second Quarter 2019 Results

www.bloomberg.com/press-releases/...cond-quarter-2019-results

Highlights for the Second Quarter Included:

  * Achieved net income attributable to common shareholders of $40.7 million,
    or $0.87 per fully diluted common share.
  * Achieved adjusted funds from operations (“FFO”)^(1) per fully diluted
    common share of $1.42 as compared to $1.39 in the second quarter of 2018.
  * Increased same store revenue by 2.0% and same store net operating income
    ("NOI")^(2) by 2.4% as compared to the second quarter of 2018.
  * Grew management and acquisition fees by 28.0% over the same period in
    2018.
  * Acquired four properties for a total cost of $43.2 million.
  * Added 11 stores to its third-party management platform.
  * Completed a $350-million offering of 4% Senior Unsecured Notes due 2029.
  * Subsequent to quarter end, completed the divestiture of 32 mature stores
    for $212.0 million and acquired 12 stores in lease-up for $134.8 million.

Life Storage, Inc. (LSI) CEO Joe Saffire on Q2 2019 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

Life Storage, Inc. Reports Third Quarter 2019 Results and Provides Preliminary 2020 Guidance

https://www.ariva.de/news/...s-third-quarter-2019-results-and-7939177

Highlights for the Third Quarter Included:

- Generated net income attributable to common shareholders of $140.0 million, or $2.99 per fully diluted common share.
- Achieved adjusted funds from operations (“FFO”)(1) per fully diluted common share of $1.46.
- Increased same store net operating income ("NOI")(2) by 2.6% and same store revenue by 1.8%.
- Grew management and acquisition fees by 43.1%.
- Acquired 22 properties for a total cost of $281.7 million, including five stores in Baltimore, Md. and three stores in Seattle, Wash., two new strategic markets to the Company.
- Completed the divestiture of 32 mature stores for a total gain of $100.2 million, and began a new strategic relationship with The Inland Real Estate Group of Companies, Inc., under which Life Storage will continue to manage the 32 properties.
- Entered into a new strategic relationship with developer Childress Klein Properties, Inc. with 40% minority interest investment in six stores in Atlanta, Ga.
- Added 50 stores to the Company’s third-party management platform, bringing total managed stores at the end of the third quarter to 277.

Life Storage Inc (LSI) Q3 2019 Earnings Call Transcript

www.fool.com/earnings/call-transcripts/...s-call-transcr.aspx

hui Life Storage hat die 100 Euro Marke bei L&S geknackt.

Life Storage, Inc. Raises Quarterly Common Stock Dividend by 7%

https://www.ariva.de/news/...arterly-common-stock-dividend-by-8073019

The Board of Directors of Life Storage, Inc. (NYSE:LSI), a self storage real estate investment trust (REIT), announced today an increase in the Company’s quarterly common stock dividend from $1.00 per share to $1.07 per share or $4.00 to $4.28 annualized.  

- Sold 32 mature stores for a total consideration of $212.0 million.
- Increased third-party management platform by 84 (net) stores in 2019.
- Entered three strategic markets: Seattle, Wash., Baltimore, Md. and Toronto, Ont.
- Entered into joint venture agreements with minority investments in 13 stores in Florida (5), Atlanta, Ga. (6) and Toronto, Ont. (2).
- Completed roll-out of Rent Now, a fully-digital rental platform allowing customers to self-serve and “skip the counter” by completing the rental transaction online.

 “We had an excellent quarter with a strong finish to the year. I couldn't be more pleased with my team's execution on our strategic initiatives.”

Life Storage, Inc. (LSI) CEO Joseph Saffire on Q4 2019 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

da dieser Tage nicht jeder ne Divi zahlt, Life Storage tuts

Life Storage, Inc. Announces Dividend on Common Stock

https://www.ariva.de/news/...nounces-dividend-on-common-stock-8314411

announced today the Company’s quarterly dividend of $1.07 per share of common stock. The annualized dividend of Life Storage, Inc. is $4.28 per share that, based on today’s opening share price, equates to an annual rate of approximately 4.7%.

Life Storage, Inc. Reports First Quarter Results

https://www.ariva.de/news/...nc-reports-first-quarter-results-8408973

Highlights for the First Quarter Included:

    - Generated net income attributable to common shareholders of $36.4 million, or $0.78 per fully diluted common share.
    - Achieved adjusted funds from operations (“FFO”)(1) per fully diluted common share of $1.40, a 6.9% increase over the same period in 2019.
    - Increased same store net operating income ("NOI")(2) by 4.8% and same store revenue by 2.6% year-over-year.
    - Grew management and acquisition fees by 43.0%.
    - Acquired six stabilized stores in various California markets from a joint venture partner for a total purchase price of $134.0 million.
    - Reported $20.7 million in cash and cash equivalents and $316.9 million in revolving line of credit availability as of March 31, 2020.
    - Added 13 stores to the Company’s third-party management platform, bringing total managed stores at the end of the first quarter to 304.
    - Launched “Rent Now 2.0,” the Company’s dynamic pricing, second generation, fully-digital rental platform that allows customers to self-serve and move into their storage unit with no human interaction; the new pricing alternatives allow customers to select a storage unit from one of three convenience and pricing-based tiers according to their individual needs and preferences.

Life Storage Inc. (LSI) CEO Joe Saffire on Q1 2020 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

Life Storage, Inc. Reports Second Quarter Results

www.bloomberg.com/press-releases/...ts-second-quarter-results

Highlights for the Second Quarter Included:

  * Generated net income attributable to common shareholders of $36.5 million,
    or $0.78 per fully diluted common share.
  * Achieved adjusted funds from operations (“FFO”)^(1) per fully diluted
    common share of $1.42, matching the same period last year.
  * Limited year-over-year same store revenue decrease to 2.0% and same store
    net operating income (“NOI”)^(2) decrease to 2.5%, despite COVID-19
    pandemic and related economic disruption.
  * Decreased same store operating expenses relative to comparable prior year
    periods for the third straight quarter.
  * Grew management fees by 28.1%; added 13 stores to the Company’s
    third-party management platform, bringing total managed stores at the end
    of the second quarter to 317.
  * Reported $9.5 million in cash and cash equivalents and $341.9 million in
    revolving line of credit availability as of June 30, 2020.
  * Completed the roll-out of “Rent Now 2.0,” the Company’s second generation,
    fully-digital, dynamic pricing and rental platform that allows customers
    to self-serve and move into their storage unit with no human interaction;
    the new pricing alternatives allow customers to select a storage unit from
    one of three convenience and pricing-based tiers according to their
    individual needs and preferences.

Life Storage, Inc. Reports Third Quarter Results

www.bloomberg.com/press-releases/...rts-third-quarter-results

November 2020 Investor Presentation

seekingalpha.com/article/...i-investor-presentation-slideshow

Life Storage, Inc. Announces a 3.7% Increase to its Common Stock Dividend and a Three-for-Two Stock Split

https://www.ariva.de/news/...ces-a-3-7-increase-to-its-common-9023875

announced that its Board of Directors has approved a 3.7% year-over-year increase in the Company’s quarterly common stock dividend.
...
The Board has also approved a three-for-two stock split of the Company’s common stock, which will be made in the form of a 50% stock dividend.  Shareholders of record at the close of business on January 15, 2021 will receive one additional share of Life Storage common stock for every two shares owned.
...
On a pre-split basis, the quarterly cash dividend equates to $1.11 per common share or $4.44 annualized.
...

Dacht grad wasn jetzt los der kurs so niedrig, aber is zum glück dann doch nur der split.
Hatte den scho völlig vergessn.

Life Storage, Inc. Reports Fourth Quarter and Full Year 2020 Results

www.bloomberg.com/press-releases/...nd-full-year-2020-results

Highlights for the Fourth Quarter Included:

  * Generated net income attributable to common shareholders of $41.6 million,
    or $0.57 per fully diluted common share.
  * Achieved adjusted funds from operations (“FFO”)^(1) per fully diluted
    common share of $1.07, an 11.5% increase over the same period in 2019.
  * Increased same store revenue by 4.9% and same store net operating income
    (“NOI”)^(2) by 6.8%, year-over-year.
  * Acquired nine stores for $113.0 million, including one store from one of
    our unconsolidated joint ventures for $11.5 million.
  * Added 21 stores to the Company’s third-party management platform.

Highlights for the Full Year Included:

  * Generated net income attributable to common shareholders of $151.6
    million, or $2.13 per fully diluted common share.
  * Achieved adjusted funds from operations (“FFO”)^(1) per fully diluted
    common share of $3.97, a 5.9% increase over the same period in 2019.
  * Increased same store revenue by 1.6% and same store net operating income
    (“NOI”)^(2) by 2.3%, year-over-year.
  * Acquired 40 stores for $532.6 million, including 32 stores from three of
    our unconsolidated joint ventures for $431.1 million.
  * Added 77 stores to the Company’s third-party management platform; the
    Company grew its third-party management portfolio 11% in 2020 despite
    acquiring 32 previously managed stores from unconsolidated joint ventures.
  * Completed a $400 million offering of 2.2% Senior Unsecured Notes due 2030.
  * Bolstered Warehouse Anywhere’s ecommerce solution through a partnership
    with Deliverr, a leading technology-enabled fulfillment organization, with
    the build-out of a micro-fulfillment center in Las Vegas and a second
    launched in Chicago in the first quarter of 2021.
  * Launched “Rent Now 2.0,” the Company’s dynamic pricing, second generation,
    fully-digital rental platform that allows customers to self-serve and move
    into their storage unit with no human interaction; the new pricing
    alternatives allow customers to select a storage unit from one of three
    convenience and pricing-based tiers according to their individual needs
    and preferences.

Moody's announces completion of a periodic review of ratings of LIFE STORAGE LP

www.moodys.com/research/...ngs-of--PR_442080?cid=7QFRKQSZE021

Life Storage's Baa2 rating reflects the REIT's strong fixed charge coverage and demonstrated commitment to an unsecured funding strategy.

Life Storage, Inc. Reports First Quarter 2021 Results

www.bloomberg.com/press-releases/...irst-quarter-2021-results

FINANCIAL RESULTS:

In the first quarter of 2021, the Company generated net income attributable to
common shareholders of $47.4 million or $0.63 per fully diluted common share,
compared to net income attributable to common shareholders of $36.4 million,
or $0.52 per fully diluted common share, in the first quarter of 2020. Net
income in the quarter ended March 31, 2021 benefited from $0.8 million of
preferred dividend income associated with the acquisition of a store from one
of our unconsolidated joint ventures.

Funds from operations for the quarter were $1.08 per fully diluted common
share compared to $0.94 for the same period last year. Adjusted FFO per fully
diluted common share for the quarter was similarly $1.08, compared to $0.93,
after adjusting for a total of $0.5 million related to a gain on sale of land
and acquisition fees, for the quarter ended March 31, 2020.

Life Storage, Inc. Reports Second Quarter 2021 Results

seekingalpha.com/pr/...nc-reports-second-quarter-2021-results

 Highlights for the Second Quarter Included:

    Generated net income attributable to common shareholders of $57.5 million, or $0.74 per fully diluted common share.
    Achieved adjusted funds from operations (“FFO”)(1) per fully diluted common share of $1.20, a 27.7% increase over the same period in 2020.
    Increased same store revenue by 14.7% and same store net operating income (“NOI”)(2) by 20.2%, year-over-year.
    Acquired 17 stores for $267.5 million, including nine stores from the Company’s third-party management platform.
    Added 26 stores (gross) to the Company’s third-party management platform.

Life Storage, Inc. 2021 Q2 - Results - Earnings Call Presentation

seekingalpha.com/article/...esults-earnings-call-presentation

Life Storage's (LSI) CEO Joe Saffire on Q2 2021 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

Life Storage, Inc. Reports Third Quarter 2021 Results

seekingalpha.com/pr/...inc-reports-third-quarter-2021-results

 In the third quarter of 2021, the Company generated net income attributable to common shareholders of $70.3 million or $0.89 per fully diluted common share, compared to net income attributable to common shareholders of $37.1 million, or $0.52 per fully diluted common share, in the third quarter of 2020.

Funds from operations for the quarter were $1.37 per fully diluted common share compared to $0.99 for the same period last year. Adjusted FFO per fully diluted common share for the quarter was $1.37 compared to $1.01 for the quarter ended September 30, 2020, after adjusting for $1.5 million of uninsured damages and customer reinsurance claims incurred in the third quarter of 2020.

Life Storage, Inc. 2021 Q3 - Results - Earnings Call Presentation

seekingalpha.com/article/...esults-earnings-call-presentation

Life Storage, Inc. (LSI) CEO Joseph Saffire on Q3 2021 Results - Earnings Call Transcript

seekingalpha.com/article/...-results-earnings-call-transcript

Life Storage, Inc. Raises Quarterly Common Stock Dividend by 16%

invest.lifestorage.com/press-releases/...ommon-stock-dividend

from $0.86 per share to $1.00 per share or $3.44 to $4.00 annualized

Nur zur Info LifeStorage hatte merger mit Extra Space Storage.
WKN A0B7S6
Ist jetzt auch neue WKN für LifeStorage Aktionäre.

Umtausch PDFs kamen am 21.07, aber noch schaut alles alt aus in meinem Depot.
(Wenns in meinem Depot richtig gestellt ist, dann pass ich das Ariva Depot an)