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Last $93.94 USD
Change Today -0.76 / -0.80%
Volume 504.9K
SSS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

sovran self storage inc (SSS) Snapshot

Open
$94.68
Previous Close
$94.70
Day High
$95.51
Day Low
$93.67
52 Week High
03/23/15 - $97.76
52 Week Low
05/1/14 - $72.88
Market Cap
3.3B
Average Volume 10 Days
332.6K
EPS TTM
$2.66
Shares Outstanding
35.6M
EX-Date
01/14/15
P/E TM
35.3x
Dividend
$3.00
Dividend Yield
2.97%
Current Stock Chart for SOVRAN SELF STORAGE INC (SSS)

sovran self storage inc (SSS) Related Businessweek News

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sovran self storage inc (SSS) Details

Sovran Self Storage, Inc. operates as a real estate investment trust (REIT). It engages in the acquisition, ownership, and management of self-storage properties in the United States. The company’s self-storage properties offer storage space to residential and commercial users, as well as offer outside storage for automobiles, recreational vehicles, and boats. As of February 15, 2007, it owned and managed 328 properties, consisting of approximately 20.3 million net rentable square feet in 22 states. Sovran Self Storage has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax to the extent it distributes at least 90% of taxable income to its stockholders. The company was founded in 1982 and is headquartered in Williamsville, New York.

1,378 Employees
Last Reported Date: 02/24/15
Founded in 1982

sovran self storage inc (SSS) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $484.0K
President and Director
Total Annual Compensation: $484.0K
Executive Chairman
Total Annual Compensation: $484.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $250.0K
Chief Operating Officer
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2013.

sovran self storage inc (SSS) Key Developments

Anthony P. Gammie Not to Stand for Re-Election for an Additional Term as Director of Sovran Self Storage, Inc

On March 25, 2015, Anthony P. Gammie advised Sovran Self Storage Inc. that he will not be standing for re-election for an additional term as director of the company at the 2015 Annual Meeting of Shareholders of the Company. Mr. Gammie has indicated that his decision not to stand for re-election is for personal reasons and that his decision does not arise from any disagreement on any matter relating to the Company's operations, policies or practices, nor regarding the general direction of the Company.

Sovran Self Storage Mulls Acquisitions

Sovran Self Storage Inc. (NYSE:SSS), which is planning to sell shares through follow-on equity offering, is looking for acquisitions. The company stated, “We intend to cause the operating partnership to use the net proceeds from the sale of securities, for one or more of the following, repayment of indebtedness, acquisition of new self-storage facilities, maintenance and improvement of currently owned properties and general corporate purposes.”

Sovran Self Storage, Inc. Authorizes Increase in its Quarterly Dividend

Subsequent to fourth quarter end, Sovran Self Storage Inc.'s board of directors authorized a 10% increase in its quarterly dividend to $0.75 per share or $3.00 annualized.

 

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SSS:US $93.94 USD -0.76

SSS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aviv REIT Inc $36.50 USD -0.46
Cousins Properties Inc $10.60 USD -0.27
CubeSmart $24.15 USD +0.02
EastGroup Properties Inc $60.14 USD -0.52
Lexington Realty Trust $9.83 USD -0.05
View Industry Companies
 

Industry Analysis

SSS

Industry Average

Valuation SSS Industry Range
Price/Earnings 35.5x
Price/Sales 10.5x
Price/Book 3.3x
Price/Cash Flow 23.9x
TEV/Sales 8.3x
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