Equity Lifestyle Properties (NYSE:ELS) Releases Q4 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.780-0.840 for the period, compared to the consensus EPS estimate of 0.820. Equity Lifestyle Properties also updated its FY 2026 guidance to 3.150-3.210 EPS.

Equity Lifestyle Properties Price Performance

Shares of Equity Lifestyle Properties stock opened at $59.18 on Thursday. The firm has a market cap of $11.48 billion, a PE ratio of 19.61, a PEG ratio of 3.54 and a beta of 0.63. The stock has a 50 day moving average of $61.43 and a 200 day moving average of $63.00. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.31. Equity Lifestyle Properties has a 12 month low of $57.46 and a 12 month high of $69.00.

Equity Lifestyle Properties (NYSE:ELS) last released its quarterly earnings data on Tuesday, October 20th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.34). Equity Lifestyle Properties had a net margin of 24.97% and a return on equity of 21.70%. The business had revenue of $409.90 million for the quarter, compared to the consensus estimate of $402.75 million. During the same quarter last year, the business earned $0.75 EPS. Equity Lifestyle Properties’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, research analysts expect that Equity Lifestyle Properties will post 3.20 EPS for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 25th were given a $0.5425 dividend. This represents a $2.17 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, September 25th. Equity Lifestyle Properties’s dividend payout ratio is 104.33%.

Analyst Upgrades and Downgrades

ELS has been the topic of a number of research analyst reports. Barclays set a $66.00 price target on shares of Equity Lifestyle Properties and gave the stock an “equal weight” rating in a research note on Wednesday, October 14th. Weiss Ratings lowered shares of Equity Lifestyle Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 8th. Wells Fargo & Company set a $64.00 price objective on shares of Equity Lifestyle Properties and gave the company an “equal weight” rating in a research report on Monday. Odeon Capital Group set a $65.00 target price on shares of Equity Lifestyle Properties in a research note on Thursday, July 9th. Finally, Evercore set a $68.00 target price on shares of Equity Lifestyle Properties in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $67.09.

Key Equity Lifestyle Properties News

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

• Positive Sentiment: Third-quarter revenue increased 4.2% year over year to $409.9 million, exceeding analysts’ $402.75 million estimate. Normalized funds from operations (FFO) came in at $0.79 per share, matching consensus and improving from $0.75 a year earlier. Equity Lifestyle Properties Meets Q3 FFO Estimates
• Positive Sentiment: Robert W. Baird maintained an “outperform” rating and lowered its price target modestly to $71 from $74, implying substantial upside from the current trading level. Baird Equity Lifestyle Properties Price Target Update
• Neutral Sentiment: Management highlighted gains in occupied sites and continued operating strength, while introducing preliminary assumptions for 2027 rent growth. The earnings call focused on the company’s operating trends and outlook. Equity LifeStyle Properties Q3 2026 Earnings Call Transcript
• Negative Sentiment: Reported GAAP EPS was $0.45, well below the $0.79 consensus estimate and down from $0.75 in the prior-year quarter. Although revenue beat expectations, the earnings shortfall is likely the main reason investors are selling the shares. Equity Lifestyle Properties Third-Quarter Earnings
• Negative Sentiment: Full-year 2026 EPS guidance of $3.15–$3.21 has a midpoint of $3.18, slightly below the $3.20 analyst consensus. Fourth-quarter guidance of $0.78–$0.84 is also centered below the $0.82 consensus, signaling a cautious near-term outlook.

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.