Life Storage Inc (LSI) Stock
LSI is no longer traded. Life Storage was acquired by Extra Space Storage (EXR) on July 20, 2023.
Each LSI share was exchanged for 0.8 shares of Extra Space Storage common stock. Prices on this page are historical; the last trade was July 19, 2023 at $133.10.
See Extra Space Storage (EXR) stock →Life Storage stock price history
LSI final trading statistics
- Final close
- $133.10
- Final trading day
- Jul 19, 2023
- Market cap at delisting
- $11.33B
- Shares outstanding
- 85.09M
- Final 52-week range
- $94.02 – $146.66
- Avg. volume (final 3 mo.)
- 777,466
- All-time high (split-adj.)
- $144.15 · Dec 2021
- All-time low (split-adj.)
- $3.05 · Jul 1995
- Return since IPO
- +4172.2%
- Beta
- 0.64
- Book value / share
- $41.98
- Price / book
- 3.17
Life Storage annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2022 | $1.02B | $259.7M | $4.23 |
| FY2021 | $770.99M | $159.4M | $3.17 |
| FY2020 | $556.96M | $67.1M | $2.13 |
| FY2019 | $525.05M | $180.0M | $2.26 |
| FY2018 | $550.85M | $206.6M | $2.96 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Life Storage Inc
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 1,200 storage facilities in 37 states and the District of Columbia. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to more than 690,000 customers, making it a leader in the industry.
Life Storage stock FAQ
What happened to Life Storage stock?
Life Storage was acquired by Extra Space Storage (EXR) on July 20, 2023. Shareholders received 0.8 shares of Extra Space Storage common stock for each share. LSI stock stopped trading on the NYSE, with a final close of $133.10 on July 19, 2023.
What did Life Storage shareholders receive?
Each LSI share was converted into 0.8 shares of Extra Space Storage common stock. The deal was valued at about $12.7 billion.
Is LSI stock still trading?
No. LSI was delisted from the NYSE on July 20, 2023 and no longer trades on a U.S. exchange. Former Life Storage shareholders received Extra Space Storage (EXR) shares.
What was the last price of LSI stock?
LSI closed at $133.10 on its final trading day, July 19, 2023, for a market value of about $11.33B.
What were Life Storage's revenue and earnings in its last full fiscal year?
Life Storage reported revenue of $1.02B and net income of $259.7M in fiscal 2022, its last full year as a public company.
When did Life Storage go public?
Life Storage Inc stock began trading on June 20, 1995.