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

Equity LifeStyle Properties (NYSE:ELS) is expected to be releasing its earnings data after the market closes on Monday, April 21st. Analysts expect Equity LifeStyle Properties to post earnings of $0.83 per share and revenue of $391.34 million for the quarter. Equity LifeStyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS and its Q1 2025 guidance at 0.800-0.860 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Equity LifeStyle Properties (NYSE:ELS) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Equity LifeStyle Properties had a return on equity of 23.12% and a net margin of 24.05%. 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 Trading Down 0.9 %

Shares of NYSE ELS opened at $64.89 on Thursday. The firm has a market capitalization of $12.40 billion, a PE ratio of 33.28, a PEG ratio of 3.02 and a beta of 0.72. Equity LifeStyle Properties has a one year low of $58.86 and a one year high of $76.60. The company has a current ratio of 0.02, a quick ratio of 0.03 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $66.53 and a two-hundred day moving average price of $67.75.

Equity LifeStyle Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were issued a dividend of $0.515 per share. This is a boost from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. This represents a $2.06 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Friday, March 28th. Equity LifeStyle Properties’s payout ratio is currently 105.64%.

Analyst Upgrades and Downgrades

ELS has been the topic of several recent research reports. Jefferies Financial Group began 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. Royal Bank of Canada lowered their price target on shares of Equity LifeStyle Properties from $69.00 to $68.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 29th. Truist Financial raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Evercore ISI lowered their target price on shares of Equity LifeStyle Properties from $74.00 to $73.00 and set an “in-line” rating on the stock in a research note on Tuesday, January 28th. Finally, Robert W. Baird lifted their price objective on Equity LifeStyle Properties from $72.00 to $73.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. Three equities 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.20.

Equity LifeStyle Properties Company Profile

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.