Equity Lifestyle Properties, Inc. (NYSE:ELS) Stock Has Consensus Target Price of $67.09 According to Brokerages

Shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) have been given an average recommendation of “Hold” by the fifteen analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $67.09.

A number of analysts have commented on ELS shares. Mizuho cut Equity Lifestyle Properties from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $72.00 to $65.00 in a research report on Monday, September 21st. Odeon Capital Group set a $65.00 target price on Equity Lifestyle Properties in a research note on Thursday, July 9th. Royal Bank Of Canada reduced their price target on Equity Lifestyle Properties from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, October 13th. Barclays set a $66.00 price objective on shares of Equity Lifestyle Properties and gave the stock an “equal weight” rating in a research note on Wednesday, October 14th. Finally, Truist Financial set a $64.00 price target on shares of Equity Lifestyle Properties and gave the stock a “hold” rating in a report on Friday, September 11th.

Equity Lifestyle Properties Trading Up 1.5%

Equity Lifestyle Properties stock opened at $58.83 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a market cap of $11.42 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 3.52 and a beta of 0.63. The stock has a 50-day moving average of $60.86 and a two-hundred day moving average of $63.53. Equity Lifestyle Properties has a one year low of $57.46 and a one year high of $69.00.

Equity Lifestyle Properties (NYSE:ELS) last issued its quarterly earnings results on Wednesday, October 21st. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.34). Equity Lifestyle Properties had a return on equity of 21.73% and a net margin of 24.97%. The business had revenue of $409.90 million for the quarter, compared to analysts’ expectations of $402.75 million. During the same quarter in the previous year, the firm posted $0.75 EPS. Equity Lifestyle Properties’s revenue was up 4.2% on a year-over-year basis. Equity Lifestyle Properties has set its Q4 2026 guidance at 0.780-0.840 EPS and its FY 2026 guidance at 3.150-3.210 EPS. On average, research analysts anticipate that Equity Lifestyle Properties will post 3.19 EPS for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 8th. Investors of record on Thursday, December 24th will be given a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, December 24th. Equity Lifestyle Properties’s dividend payout ratio is 106.90%.

Institutional Trading of Equity Lifestyle Properties

Several large investors have recently made changes to their positions in the company. YANKCOM Partnership raised its position in shares of Equity Lifestyle Properties by 44.9% in the third quarter. YANKCOM Partnership now owns 549 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 170 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Equity Lifestyle Properties by 30.3% in the first quarter. Bessemer Group Inc. now owns 735 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 171 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Equity Lifestyle Properties by 3.5% in the first quarter. Fifth Third Bancorp now owns 5,561 shares of the real estate investment trust’s stock valued at $347,000 after purchasing an additional 189 shares during the period. North Dakota State Investment Board grew its stake in shares of Equity Lifestyle Properties by 3.4% in the 3rd quarter. North Dakota State Investment Board now owns 5,908 shares of the real estate investment trust’s stock valued at $345,000 after buying an additional 194 shares during the period. Finally, BOKF NA grew its position in Equity Lifestyle Properties by 1.5% in the third quarter. BOKF NA now owns 13,169 shares of the real estate investment trust’s stock worth $768,000 after acquiring an additional 201 shares during the period. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

About Equity Lifestyle Properties

Equity LifeStyle Properties, Inc (NYSE:ELS) is a real estate investment trust that owns, operates and manages manufactured housing communities, recreational vehicle resorts and campgrounds, and marinas. Its properties are designed to provide residential and vacation accommodations, with offerings that range from long-term manufactured home sites to seasonal and transient RV sites and boat storage.

The company serves residents, vacationers and boat owners across the United States. Its portfolio is concentrated in locations with favorable climates, recreational appeal and access to coastal, lakefront or other leisure destinations.