Equity LifeStyle Properties, Inc. (ELS)
Market Cap | 13.33B |
Revenue (ttm) | 1.52B |
Net Income (ttm) | 362.95M |
Shares Out | 200.15M |
EPS (ttm) | 1.95 |
PE Ratio | 34.21 |
Forward PE | 34.47 |
Dividend | $1.91 (2.87%) |
Ex-Dividend Date | Dec 27, 2024 |
Volume | 1,857,614 |
Open | 67.05 |
Previous Close | 66.18 |
Day's Range | 66.37 - 67.70 |
52-Week Range | 59.82 - 76.60 |
Beta | 0.79 |
Analysts | Buy |
Price Target | 73.33 (+10.09%) |
Earnings Date | Jan 27, 2025 |
About ELS
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. [Read more]
Financial Performance
In 2023, ELS's revenue was $1.49 billion, an increase of 2.85% compared to the previous year's $1.45 billion. Earnings were $314.19 million, an increase of 10.39%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for ELS stock is "Buy." The 12-month stock price forecast is $73.33, which is an increase of 10.09% from the latest price.
News
Property Type Round-Up From REITworld 2024
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Sector Spotlight: Manufactured Housing REITs
Despite high employment and wage growth, demand for affordable housing is at an all-time high, making MHC REITs a compelling investment. The four MHC REITs (ELS, MHCUF, SUI, UMH) show varied YTD retur...
ELS Declares Fourth Quarter 2024 Dividend
CHICAGO , Oct. 30, 2024 /PRNewswire/ -- On October 29, 2024, the Board of Directors (the "Board") of Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") declare...
Equity LifeStyle: Hurricane Milton Can't Bring This REIT Down
Equity LifeStyle Properties, Inc. is a leading manufactured housing REIT with strategic locations, a strong tenant base, and resilience through economic and interest rate cycles. ELS has shown impress...
Equity LifeStyle Properties, Inc. (ELS) Q3 2024 Earnings Call Transcript
Equity LifeStyle Properties, Inc. (NYSE:ELS) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Marguerite Nader - President & CEO Patrick Waite - EVP & COO Paul Seave...
ELS Reports Third Quarter Results
Continued Strong Performance Preliminary 2025 Rent Rate Growth Assumptions CHICAGO , Oct. 21, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and...
These REITs Trade At Premiums, But Should They?
REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...
ELS Reports on Hurricane Milton
CHICAGO , Oct. 14, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the "Company," "we," "us," and "our") reported today its preliminary assessment of the impac...
Dividends Are Facts - 2 All-Time Favorite Stocks I Can't Wait To Buy
In today's market, focusing on dependable dividend stocks is essential. They offer consistent income, making them attractive in any economic climate. This article highlights two standout stocks that a...
EQUITY LIFESTYLE PROPERTIES, INC. ANNOUNCEMENT: If You Have Suffered Losses in Equity LifeStyle Properties, Inc. (NYSE: ELS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Equity LifeStyle P...
Equity LifeStyle Properties, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call
CHICAGO , Oct. 2, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the "Company," "we," "us," and "our") announced today that the Company's third quarter 2024 e...
Els Reports Minimal Impact From Hurricane Helene
CHICAGO , Sept. 30, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the "Company," "we," "us," and "our") reported today its preliminary assessment of the impa...
ELS to Participate at Bank of America Securities 2024 Global Real Estate Conference
CHICAGO , Sept. 10, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") today announced that we will participate in the Bank of America Sec...
Equity LifeStyle Properties, Inc. Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
Equity LifeStyle: Keep An Eye On This Market Leader
Equity LifeStyle operates in a niche market with a strong portfolio and liquidity. Its portfolio primarily attracts retirees and vacationing families, and it generates stable revenue from long-term le...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Buying A Piece Of The $50 Trillion Pie
The U.S. housing market is worth $50 trillion, up $3.1 trillion in 12 months. Demand is outperforming supply growth, leading to rising home prices. Investment opportunities include Tractor Supply Comp...
ELS DECLARES THIRD QUARTER 2024 DIVIDEND
CHICAGO , July 30, 2024 /PRNewswire/ -- On July 30, 2024, the Board of Directors (the "Board") of Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") declared a...
If I Had To Retire Today With 12 REITs
REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cu...
Equity LifeStyle Properties, Inc. (ELS) Q2 2024 Earnings Call Transcript
Equity LifeStyle Properties, Inc. (NYSE:ELS) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Marguerite Nader - President and CEO Patrick Waite - EVP and COO Paul Seav...
ELS REPORTS SECOND QUARTER RESULTS
Continued Strong Performance; Increases 2024 Earnings Guidance CHICAGO , July 22, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") today...
Equity LifeStyle Properties: Premium Valuation Offsets Solid Fundamentals
Equity LifeStyle Properties: Premium Valuation Offsets Solid Fundamentals
Equity LifeStyle Properties, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call
CHICAGO , July 3, 2024 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as the "Company," "we," "us," and "our") announced today that the Company's second quarter 2024...
The Verdict Is Out - Here Are My 3 Favorite REITs
Seeking Alpha's comment section often turns into a think tank with diverse opinions, making it a rich source of ideas and strategies. Ranking stocks is challenging as each brings something unique. Thi...