Equity LifeStyle Properties - ELS Stock Forecast, Price & News

8 Wall Street 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 analysts is that investors should "buy" ELS shares.
View ELS analyst ratings or view top-rated stocks.

8 brokers have issued twelve-month price targets for Equity LifeStyle Properties' shares. Their ELS share price forecasts range from $68.00 to $92.00. On average, they expect the company's share price to reach $76.06 in the next twelve months. This suggests a possible upside of 13.3% 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 beginning of the year. Since then, ELS shares have increased by 3.9% and is now trading at $67.13.
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Equity LifeStyle Properties saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 3,080,000 shares, a decline of 16.3% from the February 28th total of 3,680,000 shares. Based on an average trading volume of 788,800 shares, the short-interest ratio is currently 3.9 days. Approximately 1.7% of the company's shares are short sold.
View Equity LifeStyle Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 17th 2023.
View our ELS earnings forecast.

Equity LifeStyle Properties, Inc. (NYSE:ELS) issued its quarterly earnings results on Tuesday, October, 18th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The real estate investment trust earned $381 million during the quarter, compared to analysts' expectations of $375.16 million. Equity LifeStyle Properties had a net margin of 19.67% and a trailing twelve-month return on equity of 18.70%. Equity LifeStyle Properties's revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 EPS.

Equity LifeStyle Properties announced a quarterly dividend on Tuesday, February 7th. Investors of record on Friday, March 31st will be paid a dividend of $0.447 per share on Friday, April 14th. This represents a $1.79 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $0.41.
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), Kelly Residential & Apartment Real Estate ETF (RESI), Principal Real Estate Active Opportunities ETF (BYRE), 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 $1.64 per share and currently has a dividend yield of 2.51%. 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 107.19%. 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 53.95% 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 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 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 FY23 earnings guidance on Monday, January, 30th. The company provided earnings per share (EPS) guidance of $2.79-2.89 for the period, compared to the consensus EPS estimate of $2.81.

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."

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 $67.13.

Equity LifeStyle Properties (NYSE:ELS) has a market capitalization of $12.50 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 $1.53 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.