Equity LifeStyle Properties (ELS) Stock Price, News & Analysis

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ELS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ELS, but not buy additional shares or sell existing shares.
View ELS analyst ratings or view top-rated stocks.

7 analysts have issued 1-year price objectives for Equity LifeStyle Properties' shares. Their ELS share price targets range from $64.00 to $78.00. On average, they anticipate the company's share price to reach $70.15 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
View analysts price targets for ELS or view top-rated stocks among Wall Street analysts.

Equity LifeStyle Properties' stock was trading at $70.54 at the start of the year. Since then, ELS shares have decreased by 11.1% and is now trading at $62.70.
View the best growth stocks for 2024 here.

Equity LifeStyle Properties saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,970,000 shares, an increase of 14.4% from the March 15th total of 3,470,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.2% of the shares of the company are short sold.
View Equity LifeStyle Properties' Short Interest.

Equity LifeStyle Properties will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Equity LifeStyle Properties, Inc. (NYSE:ELS) released its earnings results on Tuesday, October, 17th. The real estate investment trust reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by $0.31. The real estate investment trust had revenue of $388.80 million for the quarter, compared to analysts' expectations of $337.88 million. Equity LifeStyle Properties had a trailing twelve-month return on equity of 20.90% and a net margin of 21.09%. The firm's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 EPS.

Equity LifeStyle Properties declared a quarterly dividend on Tuesday, February 6th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.477 per share on Friday, April 12th. This represents a $1.91 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Wednesday, March 27th. This is a positive change from the stock's previous quarterly dividend of $0.45.
Read our dividend analysis for ELS.

Equity LifeStyle Properties (NYSE:ELS) pays an annual dividend of $1.91 per share and currently has a dividend yield of 3.04%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 113.69%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ELS will have a dividend payout ratio of 62.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ELS.

ETFs with the largest weight of Equity LifeStyle Properties (NYSE:ELS) stock in their portfolio include Kelly Residential & Apartment Real Estate ETF (RESI), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), Residential REIT ETF (HAUS), iShares Residential and Multisector Real Estate ETF (REZ), ALPS Active REIT ETF (REIT), Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) and ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL).

Equity LifeStyle Properties shares split before market open on Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly issued shares were distributed to shareholders after the market closes on Tuesday, October 15th 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Equity LifeStyle Properties updated its second quarter 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of 0.610-0.670 for the period, compared to the consensus estimate of 0.670. The company issued revenue guidance of -.

151 employees have rated Equity LifeStyle Properties Chief Executive Officer Marguerite Nader on Glassdoor.com. Marguerite Nader has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Equity LifeStyle Properties investors own include Realty Income (O), Bristol-Myers Squibb (BMY), Ventas (VTR), Verizon Communications (VZ), American Tower (AMT), Digital Realty Trust (DLR), Prologis (PLD), Crown Castle (CCI), Home Depot (HD) and Procter & Gamble (PG).

Equity LifeStyle Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.34%), State of Alaska Department of Revenue (0.07%), Raymond James & Associates (0.04%), Vert Asset Management LLC (0.04%), State of Michigan Retirement System (0.02%) and IFM Investors Pty Ltd (0.02%).
View institutional ownership trends.

Shares of ELS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.