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NYSE:ELS

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

$64.64
+0.47 (+0.73%)
(As of 05/21/2024 ET)
Today's Range
$63.88
$64.78
50-Day Range
$60.31
$66.94
52-Week Range
$59.82
$74.04
Volume
956,348 shs
Average Volume
1.26 million shs
Market Capitalization
$12.06 billion
P/E Ratio
35.32
Dividend Yield
2.95%
Price Target
$68.85

Equity LifeStyle Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
6.5% Upside
$68.85 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.35
Upright™ Environmental Score
News Sentiment
1.22mentions of Equity LifeStyle Properties in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.86%
From $2.90 to $3.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Finance Sector

237th out of 827 stocks

Real Estate Investment Trusts Industry

45th out of 173 stocks

ELS stock logo

About Equity LifeStyle Properties Stock (NYSE:ELS)

We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 29, 2024, we own or have an interest in 451 properties in 35 states and British Columbia consisting of 172,465 sites.

ELS Stock Price History

ELS Stock News Headlines

ELS Declares Second Quarter 2024 Dividend
Q1 2024 Equity LifeStyle Properties Inc Earnings Call
ELS Reports First Quarter Results
Equity Lifestyle Properties Inc
ELS to Participate at Citi CEO Conference
ELS Mar 2024 60.000 put
See More Headlines
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Company Calendar

Last Earnings
10/17/2023
Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Today
5/21/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Next Earnings (Estimated)
7/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
29472R10
Employees
4,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$68.85
High Stock Price Target
$76.00
Low Stock Price Target
$64.00
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$314.21 million
Pretax Margin
22.99%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$2.83 per share
Book Value
$8.04 per share

Miscellaneous

Free Float
183,885,000
Market Cap
$12.05 billion
Optionable
Optionable
Beta
0.70
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Key Executives

  • Ms. Marguerite M. Nader (Age 55)
    President, CEO & Non-Independent Director
    Comp: $2.41M
  • Mr. Paul  SeaveyMr. Paul Seavey (Age 55)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $1.35M
  • Mr. Patrick Waite (Age 57)
    Executive VP & COO
    Comp: $1.35M
  • Mr. David P. Eldersveld (Age 50)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $1.35M
  • Mr. Jim Phillips
    Senior Vice President of Sales
  • Ms. Larisa J. Drake (Age 52)
    Executive VP & Chief Marketing Officer
  • Mr. Peter Underhill
    Senior Vice President of Revenue Management
  • Mr. Ron Bunce
    Senior Vice President of West Operations
  • Mr. Brad Nelson
    Senior Vice President of East Operations
  • Mr. Michael Bailey
    Senior Vice President of Investments

ELS Stock Analysis - Frequently Asked Questions

Should I buy or sell Equity LifeStyle Properties stock right now?

8 Wall Street 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 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.

What is Equity LifeStyle Properties' stock price target for 2024?

8 Wall Street analysts have issued twelve-month price targets for Equity LifeStyle Properties' stock. Their ELS share price targets range from $64.00 to $76.00. On average, they anticipate the company's share price to reach $68.85 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for ELS
or view top-rated stocks among Wall Street analysts.

How have ELS shares performed in 2024?

Equity LifeStyle Properties' stock was trading at $70.54 at the beginning of the year. Since then, ELS shares have decreased by 8.4% and is now trading at $64.63.
View the best growth stocks for 2024 here
.

Are investors shorting Equity LifeStyle Properties?

Equity LifeStyle Properties saw a decrease in short interest in April. As of April 30th, there was short interest totaling 3,290,000 shares, a decrease of 6.5% from the April 15th total of 3,520,000 shares. Based on an average daily trading volume, of 1,300,000 shares, the short-interest ratio is currently 2.5 days. Currently, 1.9% of the shares of the company are sold short.
View Equity LifeStyle Properties' Short Interest
.

When is Equity LifeStyle Properties' next earnings date?

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

How were Equity LifeStyle Properties' earnings last quarter?

Equity LifeStyle Properties, Inc. (NYSE:ELS) issued its quarterly earnings data on Tuesday, October, 17th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by $0.31. The real estate investment trust had revenue of $388.80 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.70 EPS.

How often does Equity LifeStyle Properties pay dividends? What is the dividend yield for Equity LifeStyle Properties?

Equity LifeStyle Properties announced a quarterly dividend on Tuesday, April 30th. Stockholders of record on Friday, June 28th will be given a dividend of $0.477 per share on Friday, July 12th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for ELS
.

Is Equity LifeStyle Properties a good dividend stock?

Equity LifeStyle Properties (NYSE:ELS) pays an annual dividend of $1.91 per share and currently has a dividend yield of 2.95%. 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.

When did Equity LifeStyle Properties' stock split?

Equity LifeStyle Properties shares split on 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 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.

What guidance has Equity LifeStyle Properties issued on next quarter's earnings?

Equity LifeStyle Properties issued an update on 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 earnings per share estimate of 0.670. The company issued revenue guidance of -.

What is Marguerite Nader's approval rating as Equity LifeStyle Properties' CEO?

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.

What other stocks do shareholders of Equity LifeStyle Properties own?

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).

Who are Equity LifeStyle Properties' major shareholders?

Equity LifeStyle Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.44%), Price T Rowe Associates Inc. MD (5.13%), Chai Trust Co. LLC (3.53%), Principal Financial Group Inc. (0.81%), Canada Pension Plan Investment Board (0.78%) and Sei Investments Co. (0.39%).
View institutional ownership trends
.

How do I buy shares of Equity LifeStyle Properties?

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.

This page (NYSE:ELS) was last updated on 5/21/2024 by MarketBeat.com Staff

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