Equity LifeStyle Properties (NYSE:ELS) Issues Earnings Results

Equity LifeStyle Properties (NYSE:ELS) released its quarterly earnings data on Monday. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, hitting 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%. 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 Trading Down 1.4 %

NYSE ELS traded down $0.93 on Monday, hitting $64.39. 1,442,746 shares of the company were exchanged, compared to its average volume of 1,294,616. Equity LifeStyle Properties has a twelve month low of $58.86 and a twelve month high of $76.60. The company’s 50 day moving average price is $66.48 and its 200-day moving average price is $67.65. The firm has a market capitalization of $12.31 billion, a P/E ratio of 33.02, a price-to-earnings-growth ratio of 3.02 and a beta of 0.72. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.02 and a quick ratio of 0.03.

Equity LifeStyle Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a $0.515 dividend. This is a positive change from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, March 28th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.20%. Equity LifeStyle Properties’s dividend payout ratio (DPR) is 105.64%.

Analysts Set New Price Targets

ELS has been the topic of a number of recent analyst reports. 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 target price on the stock. Royal Bank of Canada decreased their price target on Equity LifeStyle Properties from $69.00 to $68.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 29th. Robert W. Baird raised their target price on shares of Equity LifeStyle Properties from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating and upped their price target for the stock from $66.00 to $73.00 in a research note on Tuesday, January 21st. Finally, Truist Financial upgraded shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.20.

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.