Equity Lifestyle Properties (NYSE:ELS – Get Free Report) was upgraded by equities research analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.
Other equities analysts have also recently issued research reports about the company. Weiss Ratings upgraded Equity Lifestyle Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Barclays reissued an “equal weight” rating and set a $68.00 target price on shares of Equity Lifestyle Properties in a research note on Tuesday, July 14th. Mizuho initiated coverage on shares of Equity Lifestyle Properties in a report on Tuesday, March 31st. They set an “outperform” rating and a $72.00 target price on the stock. Deutsche Bank Aktiengesellschaft raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Wednesday, April 15th. Finally, Wall Street Zen upgraded shares of Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $68.70.
Read Our Latest Research Report on ELS
Equity Lifestyle Properties Stock Performance
Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.22). Equity Lifestyle Properties had a net margin of 25.92% and a return on equity of 22.31%. The business had revenue of $397.81 million during the quarter, compared to analyst estimates of $383.66 million. During the same period in the previous year, the firm posted $0.69 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. Equity Lifestyle Properties has set its FY 2026 guidance at 3.130-3.230 EPS and its Q3 2026 guidance at 0.760-0.820 EPS. On average, research analysts predict that Equity Lifestyle Properties will post 3.18 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Equity Lifestyle Properties by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 25,477,480 shares of the real estate investment trust’s stock valued at $1,544,190,000 after acquiring an additional 592,013 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Equity Lifestyle Properties by 303.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,948,613 shares of the real estate investment trust’s stock worth $966,648,000 after acquiring an additional 11,999,874 shares in the last quarter. Cohen & Steers Inc. grew its stake in shares of Equity Lifestyle Properties by 26.8% during the 4th quarter. Cohen & Steers Inc. now owns 10,614,040 shares of the real estate investment trust’s stock worth $643,331,000 after acquiring an additional 2,246,622 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Equity Lifestyle Properties by 1.0% in the first quarter. Principal Financial Group Inc. now owns 6,435,365 shares of the real estate investment trust’s stock valued at $401,698,000 after purchasing an additional 66,772 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Equity Lifestyle Properties by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 4,712,562 shares of the real estate investment trust’s stock valued at $285,048,000 after purchasing an additional 100,364 shares during the last quarter. 97.21% of the stock is currently owned by institutional investors.
Equity Lifestyle Properties News Roundup
Here are the key news stories impacting Equity Lifestyle Properties this week:
- Positive Sentiment: Equity Lifestyle Properties reported second-quarter FFO of $0.74 per share, topping the Zacks consensus estimate of $0.72, and revenue of about $397.8 million, which also came in above expectations. Article Title
- Positive Sentiment: Jefferies Financial Group upgraded ELS to “strong-buy,” signaling improving sentiment from at least one analyst following the earnings release. Article Title
- Neutral Sentiment: Management issued third-quarter EPS guidance of $0.76 to $0.82 and full-year 2026 EPS guidance of $3.13 to $3.23, both roughly in line with Wall Street expectations, suggesting a steady outlook rather than a major surprise. Article Title
- Neutral Sentiment: Analysts remain split on the stock, with coverage noting conflicting views on Equity Lifestyle Properties, which may limit the upside even after the earnings beat. Article Title
- Negative Sentiment: Despite the better FFO result, reported quarterly EPS of $0.50 missed the $0.72 consensus estimate, highlighting some pressure on earnings quality. Article Title
About Equity Lifestyle Properties
Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.
In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.
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