Equity Lifestyle Properties (NYSE:ELS) Issues Q2 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.690-0.750 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of -. Equity Lifestyle Properties also updated its FY 2026 guidance to 3.120-3.220 EPS.

Equity Lifestyle Properties Trading Down 3.3%

Shares of Equity Lifestyle Properties stock opened at $62.84 on Thursday. The company has a market capitalization of $12.19 billion, a price-to-earnings ratio of 31.42, a PEG ratio of 3.81 and a beta of 0.76. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.30. Equity Lifestyle Properties has a 12-month low of $58.15 and a 12-month high of $69.00. The firm’s 50-day moving average price is $65.74 and its two-hundred day moving average price is $63.41.

Equity Lifestyle Properties (NYSE:ELS) last announced its quarterly earnings data on Tuesday, April 21st. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.28). The firm had revenue of $397.62 million for the quarter, compared to analyst estimates of $395.71 million. Equity Lifestyle Properties had a return on equity of 21.25% and a net margin of 24.99%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.57 earnings per share. Equity Lifestyle Properties has set its FY 2026 guidance at 3.120-3.220 EPS and its Q2 2026 guidance at 0.690-0.750 EPS. On average, analysts forecast that Equity Lifestyle Properties will post 3.18 earnings per share for the current fiscal year.

Equity Lifestyle Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were paid a dividend of $0.5425 per share. The ex-dividend date was Friday, March 27th. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.52. This represents a $2.17 dividend on an annualized basis and a yield of 3.5%. Equity Lifestyle Properties’s dividend payout ratio is currently 108.50%.

Wall Street Analyst Weigh In

ELS has been the topic of a number of analyst reports. UBS Group set a $67.00 price objective on shares of Equity Lifestyle Properties and gave the stock a “buy” rating in a research note on Thursday, January 8th. Bank of America upgraded shares of Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Tuesday, February 3rd. Robert W. Baird boosted their price objective on shares of Equity Lifestyle Properties from $73.00 to $74.00 and gave the stock an “outperform” rating in a research note on Wednesday. Mizuho started coverage on shares of Equity Lifestyle Properties in a research note on Tuesday, March 31st. They issued an “outperform” rating and a $72.00 price objective on the stock. Finally, Wall Street Zen raised shares of Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.63.

Insider Buying and Selling

In other Equity Lifestyle Properties news, Director David J. Contis sold 3,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $67.22, for a total transaction of $201,660.00. Following the sale, the director owned 14,890 shares of the company’s stock, valued at approximately $1,000,905.80. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.80% of the company’s stock.

Institutional Trading of Equity Lifestyle Properties

A number of institutional investors have recently bought and sold shares of ELS. Empowered Funds LLC grew its stake in shares of Equity Lifestyle Properties by 3.5% in the 4th quarter. Empowered Funds LLC now owns 5,055 shares of the real estate investment trust’s stock valued at $306,000 after buying an additional 169 shares during the period. Private Advisor Group LLC raised its stake in Equity Lifestyle Properties by 3.7% during the 3rd quarter. Private Advisor Group LLC now owns 4,948 shares of the real estate investment trust’s stock worth $300,000 after buying an additional 178 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Equity Lifestyle Properties by 1.2% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 16,781 shares of the real estate investment trust’s stock worth $1,017,000 after buying an additional 206 shares during the period. Wilmington Savings Fund Society FSB raised its stake in Equity Lifestyle Properties by 27.4% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,250 shares of the real estate investment trust’s stock worth $76,000 after buying an additional 269 shares during the period. Finally, United Capital Financial Advisors LLC raised its stake in Equity Lifestyle Properties by 6.9% during the 3rd quarter. United Capital Financial Advisors LLC now owns 5,306 shares of the real estate investment trust’s stock worth $322,000 after buying an additional 342 shares during the period. Institutional investors own 97.21% of the company’s stock.

Equity Lifestyle Properties Company Profile

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.