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

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ELS shares.
View ELS analyst ratings or view top-rated stocks.

8 brokerages have issued twelve-month price objectives for Equity LifeStyle Properties' shares. Their ELS share price forecasts range from $70.00 to $92.00. On average, they expect the company's stock price to reach $76.28 in the next twelve months. This suggests a possible upside of 17.8% 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 $64.60 at the start of the year. Since then, ELS stock has increased by 0.2% and is now trading at $64.76.
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Equity LifeStyle Properties saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,670,000 shares, a decline of 10.4% from the April 15th total of 2,980,000 shares. Based on an average trading volume of 800,300 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.5% 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, July 17th 2023.
View our ELS earnings forecast.

Equity LifeStyle Properties, Inc. (NYSE:ELS) released its earnings results on Tuesday, April, 18th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by $0.31. The real estate investment trust earned $370 million during the quarter, compared to analyst estimates of $351.71 million. Equity LifeStyle Properties had a trailing twelve-month return on equity of 18.71% and a net margin of 19.50%. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS.

Equity LifeStyle Properties declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.447 per share on Friday, July 14th. This represents a $1.79 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for ELS.

ETFs with the largest weight of Equity LifeStyle Properties (NYSE:ELS) stock in their portfolio include Nuveen Short-Term REIT ETF (NURE), Residential REIT Income ETF (HAUS), Principal Real Estate Active Opportunities ETF (BYRE), Kelly Residential & Apartment Real Estate ETF (RESI), SP Funds S&P Global REIT Sharia ETF (SPRE), iShares Residential and Multisector Real Estate ETF (REZ), Fidelity Real Estate Investment ETF (FPRO) and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI).

Equity LifeStyle Properties (NYSE:ELS) pays an annual dividend of $1.79 per share and currently has a dividend yield of 2.71%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 117.76%. 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 58.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ELS.

Equity LifeStyle Properties shares split on Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly created 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 issued an update on its second quarter 2023 earnings guidance on Monday, April, 17th. The company provided earnings per share (EPS) guidance of $0.62-$0.68 for the period, compared to the consensus EPS estimate of $0.66. 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELS."

Equity LifeStyle Properties' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.06%), FMR LLC (6.34%), Aristotle Capital Management LLC (4.90%), Price T Rowe Associates Inc. MD (4.60%), State Street Corp (4.55%) and Principal Financial Group Inc. (3.86%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ELS stock can currently be purchased for approximately $64.76.

Equity LifeStyle Properties (NYSE:ELS) has a market capitalization of $12.06 billion and generates $1.45 billion in revenue each year. The real estate investment trust earns $284.63 million in net income (profit) each year or $1.52 on an earnings per share basis.

The company employs 4,200 workers across the globe.

Equity LifeStyle Properties' mailing address is TWO N RIVERSIDE PLZ STE 800, CHICAGO IL, 60606. The official website for the company is www.equitylifestyleproperties.com. The real estate investment trust can be reached via phone at (312) 279-1400, via email at investor_relations@equitylifestyle.com, or via fax at 312-279-1710.