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

Company Overview

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.

Key Stats

• Today's Range: $70.87 to $72.02
• 50-Day Range: $66.12 to $76.25
• 52-Week Range: $59.82 to $76.60
• Volume: 1.52 million shs
• Average Volume: 1.33 million shs
• Market Capitalization: $13.54 billion
• P/E Ratio: 36.54
• Dividend Yield: 2.69%
• Price Target: $72.50
• Consensus Rating: Moderate Buy

Equity LifeStyle Properties Stock Analysis - MarketRank™

Equity LifeStyle Properties scored higher than 89% of companies evaluated by MarketBeat, and ranked 165th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equity LifeStyle Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equity LifeStyle Properties has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.16%

Earnings Growth

Earnings for Equity LifeStyle Properties are expected to grow by 6.16% in the coming year, from $2.92 to $3.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equity LifeStyle Properties is 36.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equity LifeStyle Properties is 36.54, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.10.

Price to Earnings Growth Ratio

Equity LifeStyle Properties has a PEG Ratio of 3.76. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Equity LifeStyle Properties has a P/B Ratio of 9.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.05% of the outstanding shares of Equity LifeStyle Properties have been sold short.

Short Interest Ratio / Days to Cover

Equity LifeStyle Properties has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Equity LifeStyle Properties pays a meaningful dividend of 2.69%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Equity LifeStyle Properties has been increasing its dividend for 20 years.

Dividend Coverage

The dividend payout ratio of Equity LifeStyle Properties is 98.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Equity LifeStyle Properties will have a dividend payout ratio of 61.61% next year. This indicates that Equity LifeStyle Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -2.35

Percentage of Shares Shorted

2.05% of the outstanding shares of Equity LifeStyle Properties have been sold short.

Short Interest Ratio / Days to Cover

Equity LifeStyle Properties has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.32

News Sentiment

Equity LifeStyle Properties has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Equity LifeStyle Properties this week, compared to 6 articles on an average week.

Search Interest

6 people have searched for ELS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Equity LifeStyle Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Equity LifeStyle Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,885,822.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Equity LifeStyle Properties is held by insiders.

Percentage Held by Institutions

97.21% of the stock of Equity LifeStyle Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ELS Stock Analysis - Frequently Asked Questions

How have ELS shares performed this year?

Equity LifeStyle Properties' stock was trading at $70.54 at the start of the year. Since then, ELS shares have increased by 0.5% and is now trading at $70.89.
View the best growth stocks for 2024 here.

How were Equity LifeStyle Properties' earnings last quarter?

Equity LifeStyle Properties, Inc. (NYSE:ELS) released its quarterly earnings data on Monday, October, 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.72 by $0.28. The firm's revenue for the quarter was down .4% on a year-over-year basis.

When did Equity LifeStyle Properties' stock split?

Shares of Equity LifeStyle Properties split on Wednesday, October 16th 2019. The 2-1 split was announced on Friday, September 20th 2019. The newly created shares were issued 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.

Who are Equity LifeStyle Properties' major shareholders?

Equity LifeStyle Properties' top institutional investors include State Street Corp (5.18%), Victory Capital Management Inc. (2.43%), Geode Capital Management LLC (2.01%) and FMR LLC (1.91%). Insiders that own company stock include Marguerite M Nader, Patrick Waite and Paul Seavey.
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.

What other stocks do shareholders of Equity LifeStyle Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equity LifeStyle Properties investors own include Coca-Cola (KO), Chevron (CVX), Home Depot (HD), Salesforce (CRM), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY) and AbbVie (ABBV).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/27/2024
• Dividend Payable: 10/11/2024
• Last Earnings: 10/21/2024
• Today: 11/17/2024
• Ex-Dividend for 1/10 Dividend: 12/27/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/10/2025
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:ELS
• CUSIP: 29472R10
• CIK: 895417
• Web: www.equitylifestyleproperties.com
• Phone: (312) 279-1400
• Fax: 312-279-1710
• Employees: 4,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $72.50
• High Stock Price Target: $82.00
• Low Stock Price Target: $64.00
• Potential Upside/Downside: +2.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.55
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.94
• Trailing P/E Ratio: 36.54
• Forward P/E Ratio: 24.28
• P/E Growth: 3.76
• Net Income: $314.21 million
• Net Margins: 23.97%
• Pretax Margin: 24.07%
• Return on Equity: 24.10%
• Return on Assets: 6.44%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 0.03
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: $1.49 billion
• Price / Sales: 9.09
• Cash Flow: $2.83 per share
• Price / Cash Flow: 25.02
• Book Value: $7.83 per share
• Price / Book: 9.05

Miscellaneous

• Outstanding Shares: 191,050,000
• Free Float: 188,374,000
• Market Cap: $13.54 billion
• Optionable: Optionable
• Beta: 0.79