Equity LifeStyle Properties (NYSE:ELS – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 3.010-3.110 for the period, compared to the consensus EPS estimate of 3.070. The company issued revenue guidance of -. Equity LifeStyle Properties also updated its Q2 2025 guidance to 0.660-0.720 EPS.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group began coverage on shares of Equity LifeStyle Properties in a research note on Tuesday, April 8th. They issued a “buy” rating and a $80.00 price objective for the company. Robert W. Baird raised their target price on Equity LifeStyle Properties from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft upgraded Equity LifeStyle Properties from a “hold” rating to a “buy” rating and increased their price objective for the stock from $66.00 to $73.00 in a research note on Tuesday, January 21st. Truist Financial raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Finally, Royal Bank of Canada reduced 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 research report on Wednesday, January 29th. Three 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.20.
Get Our Latest Analysis on ELS
Equity LifeStyle Properties Trading Down 1.4 %
Equity LifeStyle Properties (NYSE:ELS – Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.83 earnings per share for the quarter, hitting the consensus estimate of $0.83. Equity LifeStyle Properties had a net margin of 24.05% and a return on equity of 23.12%. On average, equities research analysts anticipate that Equity LifeStyle Properties will post 3.07 EPS for the current year.
Equity LifeStyle Properties Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were paid a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.20%. This is a boost from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, March 28th. Equity LifeStyle Properties’s payout ratio is presently 105.64%.
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.
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