Equity Lifestyle Properties (NYSE:ELS) Issues FY 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.130-3.230 for the period, compared to the consensus earnings per share estimate of 3.180. The company issued revenue guidance of -. Equity Lifestyle Properties also updated its Q3 2026 guidance to 0.760-0.820 EPS.

Equity Lifestyle Properties Stock Up 1.1%

Shares of NYSE:ELS opened at $66.22 on Friday. Equity Lifestyle Properties has a 1 year low of $58.15 and a 1 year high of $69.00. The company has a market capitalization of $12.84 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 3.98 and a beta of 0.66. The business has a fifty day moving average price of $63.59 and a two-hundred day moving average price of $64.17. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.04 and a quick ratio of 0.04.

Equity Lifestyle Properties (NYSE:ELS) last issued its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.22). The company had revenue of $397.81 million during the quarter, compared to analysts’ expectations of $383.66 million. Equity Lifestyle Properties had a return on equity of 22.31% and a net margin of 25.92%.Equity Lifestyle Properties’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.69 earnings per share. Equity Lifestyle Properties has set its FY 2026 guidance at 3.130-3.230 EPS and its Q3 2026 guidance at 0.760-0.820 EPS. Analysts forecast that Equity Lifestyle Properties will post 3.18 earnings per share for the current year.

Equity Lifestyle Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 26th were paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Friday, June 26th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is currently 104.33%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ELS shares. Barclays reissued an “equal weight” rating and issued a $68.00 price target on shares of Equity Lifestyle Properties in a report on Tuesday, July 14th. Odeon Capital Group set a $65.00 price target on shares of Equity Lifestyle Properties in a report on Thursday, July 9th. Jefferies Financial Group raised shares of Equity Lifestyle Properties to a “strong-buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a report on Wednesday, April 15th. Finally, Wells Fargo & Company reduced their price target on shares of Equity Lifestyle Properties from $70.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $68.70.

Equity Lifestyle Properties News Summary

Here are the key news stories impacting Equity Lifestyle Properties this week:

• Positive Sentiment: Equity Lifestyle Properties reported second-quarter FFO of $0.74 per share, topping the Zacks consensus estimate of $0.72, and revenue of about $397.8 million, which also came in above expectations. Article Title
• Positive Sentiment: Jefferies Financial Group upgraded ELS to “strong-buy,” signaling improving sentiment from at least one analyst following the earnings release. Article Title
• Neutral Sentiment: Management issued third-quarter EPS guidance of $0.76 to $0.82 and full-year 2026 EPS guidance of $3.13 to $3.23, both roughly in line with Wall Street expectations, suggesting a steady outlook rather than a major surprise. Article Title
• Neutral Sentiment: Analysts remain split on the stock, with coverage noting conflicting views on Equity Lifestyle Properties, which may limit the upside even after the earnings beat. Article Title
• Negative Sentiment: Despite the better FFO result, reported quarterly EPS of $0.50 missed the $0.72 consensus estimate, highlighting some pressure on earnings quality. Article Title

Hedge Funds Weigh In On Equity Lifestyle Properties

Several institutional investors and hedge funds have recently bought and sold shares of ELS. Brown Brothers Harriman & Co. grew its stake in Equity Lifestyle Properties by 25,640.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,287 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 1,282 shares during the last quarter. Polymer Capital Management HK LTD purchased a new position in shares of Equity Lifestyle Properties in the third quarter worth about $205,000. Nomura Holdings Inc. acquired a new stake in shares of Equity Lifestyle Properties during the third quarter worth about $258,000. Private Advisor Group LLC lifted its holdings in shares of Equity Lifestyle Properties by 3.7% during the third quarter. Private Advisor Group LLC now owns 4,948 shares of the real estate investment trust’s stock worth $300,000 after purchasing an additional 178 shares during the period. Finally, Snowden Capital Advisors LLC acquired a new stake in Equity Lifestyle Properties during the 2nd quarter valued at approximately $248,000. 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 publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.