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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

8 equities research analysts have issued 1-year price objectives for Equity LifeStyle Properties' stock. Their ELS share price targets range from $64.00 to $76.00. On average, they anticipate the company's stock price to reach $69.55 in the next year. This suggests a possible upside of 14.9% 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 beginning of the year. Since then, ELS shares have decreased by 14.2% and is now trading at $60.52.
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Equity LifeStyle Properties saw a decline in short interest in April. As of April 15th, there was short interest totaling 3,520,000 shares, a decline of 11.3% from the March 31st total of 3,970,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.0% of the shares of the stock are short sold.
View Equity LifeStyle Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 15th 2024.
View our ELS earnings forecast.

Equity LifeStyle Properties, Inc. (NYSE:ELS) issued its quarterly earnings results on Tuesday, October, 17th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by $0.31. The real estate investment trust earned $388.80 million during the quarter, compared to analysts' expectations of $337.88 million. Equity LifeStyle Properties had a net margin of 22.69% and a trailing twelve-month return on equity of 22.71%. Equity LifeStyle Properties's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 EPS.

Equity LifeStyle Properties announced a quarterly dividend on Tuesday, February 6th. Investors 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 dividend yield of 3.15%. The ex-dividend date is Wednesday, March 27th. This is a boost 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 3.11%. 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 104.37%. 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 62.21% 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's stock split on the morning of Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly created shares were issued 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 EPS guidance of 0.610-0.670 for the period, compared to the consensus earnings per share 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 institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.34%), Hunter Perkins Capital Management LLC (0.14%), Seven Post Investment Office LP (0.10%), Dupont Capital Management Corp (0.08%), New York State Teachers Retirement System (0.07%) and State of Alaska Department of Revenue (0.07%).
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.
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