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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last year. There are currently 5 hold ratings and 3 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.

8 brokers 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 predict the company's share price to reach $71.17 in the next year. This suggests a possible upside of 1.6% 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 shares have increased by 8.5% and is now trading at $70.07.
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Equity LifeStyle Properties saw a decline in short interest in October. As of October 31st, there was short interest totaling 5,450,000 shares, a decline of 27.6% from the October 15th total of 7,530,000 shares. Based on an average daily volume of 1,310,000 shares, the short-interest ratio is currently 4.2 days. Currently, 3.1% 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, January 29th 2024.
View our ELS earnings forecast.

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 analysts' consensus estimates of $0.72 by $0.31. The real estate investment trust had revenue of $388.80 million for the quarter, compared to analyst estimates of $337.88 million. Equity LifeStyle Properties had a net margin of 20.10% and a trailing twelve-month return on equity of 19.58%. 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 company posted $0.70 EPS.

Equity LifeStyle Properties announced a quarterly dividend on Tuesday, October 24th. Investors of record on Friday, December 29th will be given a dividend of $0.447 per share on Friday, January 12th. This represents a $1.79 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Thursday, December 28th.
Read our dividend analysis for ELS.

Equity LifeStyle Properties (NYSE:ELS) pays an annual dividend of $1.79 per share and currently has a dividend yield of 2.54%. 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 113.29%. 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 59.67% 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 Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), Kelly Residential & Apartment Real Estate ETF (RESI), Residential REIT ETF (HAUS), Principal Real Estate Active Opportunities ETF (BYRE), iShares Residential and Multisector Real Estate ETF (REZ), Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) and Fidelity Real Estate Investment ETF (FPRO).

Equity LifeStyle Properties's stock split on Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly minted shares were distributed 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 fourth quarter 2023 earnings guidance on Monday, October, 16th. The company provided EPS guidance of $0.70-$0.76 for the period, compared to the consensus earnings per share estimate of $0.72. 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' stock is owned by many different retail and institutional investors. Top institutional investors include Aristotle Capital Management LLC (6.19%), FMR LLC (4.94%), Victory Capital Management Inc. (3.10%), Principal Financial Group Inc. (2.58%), JPMorgan Chase & Co. (1.82%) and Deutsche Bank AG (1.40%).
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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