Equity LifeStyle Properties - ELS Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity LifeStyle Properties in the last year. There are currently 4 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.

7 brokers have issued 12 month price objectives for Equity LifeStyle Properties' stock. Their ELS share price forecasts range from $68.00 to $92.00. On average, they predict the company's share price to reach $75.63 in the next twelve months. This suggests a possible upside of 4.3% 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 2023. Since then, ELS stock has increased by 12.3% and is now trading at $72.52.
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Equity LifeStyle Properties saw a increase in short interest in January. As of January 15th, there was short interest totaling 3,970,000 shares, an increase of 12.5% from the December 31st total of 3,530,000 shares. Based on an average trading volume of 826,800 shares, the short-interest ratio is presently 4.8 days. Currently, 2.2% of the company's stock are sold short.
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 earnings results on Tuesday, October, 18th. The real estate investment trust reported $0.36 earnings per share 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 the consensus estimate of $375.16 million. Equity LifeStyle Properties had a net margin of 19.67% and a trailing twelve-month return on equity of 18.68%. The business's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS.

Equity LifeStyle Properties declared a quarterly dividend on Thursday, October 27th. Investors of record on Friday, December 30th will be paid a dividend of $0.41 per share on Friday, January 13th. This represents a $1.64 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for ELS.

Equity LifeStyle Properties (NYSE:ELS) pays an annual dividend of $1.64 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 18 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 54.13% 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's stock 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 updated 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 earnings per share 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."

Equity LifeStyle Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.69%), Lasalle Investment Management Securities LLC (0.46%), Allspring Global Investments Holdings LLC (0.45%), Bank of Montreal Can (0.28%), Asset Management One Co. Ltd. (0.22%) and Hunter Perkins Capital Management LLC (0.18%).
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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 $72.52.

Equity LifeStyle Properties (NYSE:ELS) has a market capitalization of $13.50 billion and generates $1.45 billion in revenue each year. The real estate investment trust earns $284.61 million in net income (profit) each year or $1.53 on an earnings per share basis.

The company employs 4,100 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.