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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end

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

$62.73
+0.40 (+0.64%)
(As of 04/19/2024 ET)
Today's Range
$62.32
$63.22
50-Day Range
$61.03
$67.43
52-Week Range
$60.47
$74.04
Volume
1.50 million shs
Average Volume
1.38 million shs
Market Capitalization
$11.70 billion
P/E Ratio
37.34
Dividend Yield
3.04%
Price Target
$70.15

Equity LifeStyle Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
11.8% Upside
$70.15 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.35
Upright™ Environmental Score
News Sentiment
0.74mentions of Equity LifeStyle Properties in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.21%
From $2.90 to $3.08 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.

4.33 out of 5 stars

Finance Sector

258th out of 838 stocks

Real Estate Investment Trusts Industry

53rd out of 176 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

Blackstone’s $10 Billion Bet on Property Prices Going Up (ELS)
Residential property prices could be on the rise soon, as Blackstone just made a $10 billion bet into the sector, and one other REIT could be next in line
3 Real Estate Stocks to Buy on Commission Cuts
You may be among the millions of Americans celebrating the National Association of Realtors (NAR) decision to repeal the old real estate transaction business model. The 6% commission structure, which attracted many to the profession of selling and marketing real estate, is now gone.
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
3 Real Estate Stocks to Buy on Commission Cuts (ELS)
The real estate industry just changed; three stocks are set to boom on the news of commission cuts, Wall Street is already in, and the window is closing
Equity Lifestyle Properties Inc
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
ELS to Participate at Citi CEO Conference
ELS Mar 2024 60.000 put
ELS Aug 2024 80.000 put
Massive Insider Trade At Equity Lifestyle Props
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
4/20/2024
Next Earnings (Confirmed)
4/22/2024
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
$70.15
High Stock Price Target
$78.00
Low Stock Price Target
$64.00
Potential Upside/Downside
+11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$314.21 million
Pretax Margin
21.49%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$2.85 per share
Book Value
$8.04 per share

Miscellaneous

Free Float
183,881,000
Market Cap
$11.70 billion
Optionable
Optionable
Beta
0.69
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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?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last year. 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.

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

7 Wall Street research analysts have issued 1 year price objectives for Equity LifeStyle Properties' shares. Their ELS share price targets range from $64.00 to $78.00. On average, they predict 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.

How have ELS shares performed in 2024?

Equity LifeStyle Properties' stock was trading at $70.54 at the start of the year. Since then, ELS stock has decreased by 11.1% and is now trading at $62.73.
View the best growth stocks for 2024 here
.

Are investors shorting Equity LifeStyle Properties?

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 daily volume of 1,250,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.2% of the shares of the stock 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, April 22nd 2024.
View our ELS earnings forecast
.

How can I listen to Equity LifeStyle Properties' earnings call?

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.

How were Equity LifeStyle Properties' earnings last quarter?

Equity LifeStyle Properties, Inc. (NYSE:ELS) issued its earnings results 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 earned $388.80 million during the quarter, compared to analyst estimates 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 for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the company earned $0.70 EPS.

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

Equity LifeStyle Properties declared 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 3.04%. 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
.

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 3.06%. 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.

When did Equity LifeStyle Properties' stock split?

Shares of Equity LifeStyle Properties split before market open 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 updated its FY24 earnings guidance on Monday, January, 29th. The company provided earnings per share guidance of $2.83-2.93 for the period, compared to the consensus estimate of $2.89.

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 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
.

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 4/20/2024 by MarketBeat.com Staff

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