| (USD) | Mar 2023 | Q/Q |
|---|---|---|
| Revenue | 273.6MM | -0% |
| Operating Income | 114.7MM | -7% |
| Operating Expenses | 158.9MM | - |
| Net Income | 81.6MM | -13% |
| G&A | 27.8MM | +15% |
| Amortization | 47.8MM | -4% |
| Interest Expense | 33.1MM | +5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LSI) in the S&P MidCap 400 effective prior to the opening of trading on Monday, July 24. S&P 500 constituent Extra Space Storage Inc. (NYSE: EXR) is acquiring Life Storage in a deal expected to be completed on July 20 pending final conditions.
Extra Space Storage Inc. (NYSE: EXR) ("Extra Space" or "EXR") and Life Storage, Inc. (NYSE: LSI) ("Life Storage" or "LSI") today announced that Extra Space stockholders and Life Storage stockholders have voted, separately, to approve the proposed merger at their respective special meetings held virtually today, July 18, 2023.
BUFFALO, N.Y., July 11, 2023--Life Storage mourns sudden passing of Alexander Gress, CFO. Board appoints David Dodman as CFO in addition to his current role of COO.
CFOs are looking for opportunities, but many see a disconnect as sellers want top dollar and buyers seek bargains
Extra Space Storage Inc. ("EXR" or the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a dividend of $1.01 per share on the common stock of the Company, as permitted by the terms of the merger agreement the Company entered into with Life Storage, Inc. ("Life Storage" or "LSI") (NYSE: LSI). The dividend is payable on July 19, 2023 to stockholders of record at the close of business on July 13, 2023.
BUFFALO, N.Y., July 03, 2023--Life Storage announces dividend on common stock. The Company operates over 1,200 self-storage facilities in 37 states and District of Columbia.
As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far. But some REITs have done quite well as earnings have improved or analysts have raised their positions. Acquisitions have played a part as well in some of the best performances. Take a look at the best REITs over the fir
Real estate investment trusts are a popular way for income investors to play the stock market. The best REITs to buy for income and growth provide both a solid dividend payment and consistent returns. But in recent years, investing in REITs hasn’t been the slam-dunk choice as in years past. The Covid-19 pandemic brutalized office REITs and some retail REITs. High interest rates make residential REITs more of a challenge. But one of the best things about searching out the best REITs to buy is the
Real estate investing can be a great way to generate passive income. The other side is price appreciation, as the value of the underlying real estate rises. Real estate investment trusts (REITs) make it easy for anyone to participate in the wealth creation of real estate.
Q1 2023 Life Storage Inc Earnings Call