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

7 Wall Street 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 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 Wall Street research analysts have issued 12 month price targets for Equity LifeStyle Properties' stock. Their ELS share price targets range from $64.00 to $78.00. On average, they expect the company's stock price to reach $70.15 in the next twelve months. This suggests a possible upside of 14.4% 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 13.0% and is now trading at $61.34.
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Equity LifeStyle Properties saw a increase in short interest in 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 trading volume of 1,250,000 shares, the short-interest ratio is currently 3.2 days. Currently, 2.2% of the company's shares 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) posted 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 the consensus estimate of $337.88 million. Equity LifeStyle Properties had a trailing twelve-month return on equity of 22.79% and a net margin of 22.69%. The business's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 EPS.

Equity LifeStyle Properties announced a quarterly dividend on Tuesday, February 6th. Stockholders of record on Thursday, March 28th will be paid 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 3.11%. 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 3.04%. 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 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 62.01% 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 on the morning of Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly minted shares were payable 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 (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 variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.34%), Hunter Perkins Capital Management LLC (0.14%), Dupont Capital Management Corp (0.08%), State of Alaska Department of Revenue (0.07%), Amalgamated Bank (0.05%) and Raymond James & Associates (0.04%).
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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