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 twelve-month price targets for Equity LifeStyle Properties' stock. 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 year. This suggests a possible upside of 11.8% 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 2024. Since then, ELS stock has decreased by 11.1% and is now trading at $62.73.
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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 days-to-cover ratio is currently 3.2 days. Currently, 2.2% of the company's stock are short sold.
View Equity LifeStyle Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our ELS earnings forecast.

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 quarterly earnings results on Tuesday, October, 17th. The real estate investment trust reported $0.41 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 trailing twelve-month return on equity of 20.90% and a net margin of 21.09%. Equity LifeStyle Properties'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 earnings per share.

Equity LifeStyle Properties declared a quarterly dividend on Tuesday, February 6th. Shareholders 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 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend 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 3.09%. 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), Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI), ALPS Active REIT ETF (REIT) and Fidelity Real Estate Investment ETF (FPRO).

Equity LifeStyle Properties's stock split before market open on Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly created shares were distributed to shareholders after the closing bell 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 issued an update on its FY24 earnings guidance on Monday, January, 29th. The company provided earnings per share (EPS) guidance of $2.83-2.93 for the period, compared to the consensus estimate of $2.89.

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 shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.34%), State of Alaska Department of Revenue (0.07%), Vert Asset Management LLC (0.04%), State of Michigan Retirement System (0.02%), Aurora Investment Managers LLC. (0.02%) and Norden Group LLC (0.01%).
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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