Is LSI a good stock to buy?

The financial health and growth prospects of LSI, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

What does a 4-for-1 stock split do?

A recent example of a stock split occurred in August 2020 when Apple did a 4-for-1 split, meaning each share of the company’s stock was broken into four new shares.

How does a 5 for 4 stock split work?

A literal five-to-four stock split occurs when a company announces that it will convert five shares of outstanding stock to four shares. Reverse stock splits operate in the other direction, in that a four-to-five reverse stock split means the company will convert four shares of outstanding stock to five shares.

Is life storage a buy?

Life Storage has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Is life storage publicly traded?

The company rebranded from Sovran Self Storage, Inc. to Life Storage in 2016 and now trades on the New York Stock Exchange under the symbol LSI (formerly NYSE:SSS).

Is life storage a REIT?

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 1000+ locations in 35 states.

When did the LSI share price split?

The first split for LSI took place on June 22, 1995. This was a 2 for 1 split, meaning for each share of LSI owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

Who is LSI Logic Corporation?

A leading competitor in the customized semiconductor market, LSI Logic Corporation represents a defining force in a segment of the semiconductor industry that was recording robust growth during the mid-1990s.

What happens when a company splits its shares?

When a company such as Life Storage splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.