Equity LifeStyle Properties (ELS) Expected to Announce Quarterly Earnings on Monday

Equity LifeStyle Properties (NYSE:ELS - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, April 21st. Analysts expect the company to announce earnings of $0.83 per share and revenue of $391.34 million for the quarter. Equity LifeStyle Properties has set its Q2 2025 guidance at 0.660-0.720 EPS and its FY 2025 guidance at 3.010-3.110 EPS.

Equity LifeStyle Properties (NYSE:ELS - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.83 earnings per share for the quarter, hitting analysts' consensus estimates of $0.83. Equity LifeStyle Properties had a net margin of 24.05% and a return on equity of 23.12%. On average, analysts expect Equity LifeStyle Properties to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Equity LifeStyle Properties Stock Down 1.4 %

Shares of ELS traded down $0.93 during mid-day trading on Monday, reaching $64.39. The company had a trading volume of 1,442,746 shares, compared to its average volume of 1,533,526. Equity LifeStyle Properties has a 52 week low of $58.86 and a 52 week high of $76.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.03 and a current ratio of 0.02. The company has a market capitalization of $12.31 billion, a price-to-earnings ratio of 33.02, a price-to-earnings-growth ratio of 3.02 and a beta of 0.72. The firm has a 50-day moving average price of $66.48 and a 200 day moving average price of $67.65.

Equity LifeStyle Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a $0.515 dividend. The ex-dividend date of this dividend was Friday, March 28th. This is a boost from Equity LifeStyle Properties's previous quarterly dividend of $0.48. This represents a $2.06 annualized dividend and a yield of 3.20%. Equity LifeStyle Properties's payout ratio is 105.64%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ELS shares. Truist Financial raised Equity LifeStyle Properties from a "hold" rating to a "buy" rating in a research report on Friday, January 17th. Royal Bank of Canada reduced their price objective on Equity LifeStyle Properties from $69.00 to $68.00 and set a "sector perform" rating for the company in a report on Wednesday, January 29th. Evercore ISI dropped their price target on shares of Equity LifeStyle Properties from $74.00 to $73.00 and set an "in-line" rating on the stock in a report on Tuesday, January 28th. Jefferies Financial Group started coverage on shares of Equity LifeStyle Properties in a research report on Tuesday, April 8th. They set a "buy" rating and a $80.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Equity LifeStyle Properties from a "hold" rating to a "buy" rating and boosted their target price for the company from $66.00 to $73.00 in a research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $74.20.

About Equity LifeStyle Properties

Equity LifeStyle Properties, Inc is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations.