Equity LifeStyle Properties (NYSE:ELS) Releases Earnings Results

Equity LifeStyle Properties (NYSE:ELS) announced its quarterly earnings results on Monday. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.83, Zacks reports. Equity LifeStyle Properties had a net margin of 24.05% and a return on equity of 23.12%. The firm had revenue of $327.21 million for the quarter, compared to analyst estimates of $391.34 million. During the same quarter in the previous year, the firm posted $0.59 EPS. Equity LifeStyle Properties updated its Q2 2025 guidance to 0.660-0.720 EPS and its FY 2025 guidance to 3.010-3.110 EPS.

Equity LifeStyle Properties Stock Down 1.0 %

ELS traded down $0.66 during midday trading on Tuesday, reaching $63.77. The company’s stock had a trading volume of 2,243,254 shares, compared to its average volume of 1,298,401. The stock’s 50-day moving average is $66.45 and its 200-day moving average is $67.62. Equity LifeStyle Properties has a 1 year low of $58.86 and a 1 year high of $76.60. The firm has a market capitalization of $12.19 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 3.02 and a beta of 0.72. The company has a current ratio of 0.02, a quick ratio of 0.03 and a debt-to-equity ratio of 0.15.

Equity LifeStyle Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a dividend of $0.515 per share. The ex-dividend date was Friday, March 28th. This is a positive change from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. This represents a $2.06 annualized dividend and a dividend yield of 3.23%. Equity LifeStyle Properties’s payout ratio is currently 105.64%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Robert W. Baird boosted their price objective on Equity LifeStyle Properties from $72.00 to $73.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Jefferies Financial Group assumed coverage on shares of Equity LifeStyle Properties in a research report on Tuesday, April 8th. They issued a “buy” rating and a $80.00 price objective on the stock. Truist Financial raised Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. Royal Bank of Canada reduced their target price on shares of Equity LifeStyle Properties from $69.00 to $68.00 and set a “sector perform” rating for the company in a report on Wednesday, January 29th. Finally, BMO Capital Markets lowered their target price on shares of Equity LifeStyle Properties from $78.00 to $77.00 and set an “outperform” rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $74.10.

About Equity LifeStyle Properties

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.