Equity LifeStyle Properties (NYSE:ELS) Issues Quarterly Earnings Results, Meets Expectations

Equity LifeStyle Properties (NYSE:ELS) posted its quarterly earnings results on Monday. The real estate investment trust reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76, Zacks reports. Equity LifeStyle Properties had a return on equity of 24.10% and a net margin of 23.97%. Equity LifeStyle Properties updated its FY 2025 guidance to 3.010-3.110 EPS and its Q1 2025 guidance to 0.800-0.860 EPS.

Equity LifeStyle Properties Trading Down 3.8 %

Shares of NYSE:ELS opened at $66.72 on Wednesday. The business’s fifty day simple moving average is $67.89 and its 200-day simple moving average is $69.58. Equity LifeStyle Properties has a 12-month low of $59.82 and a 12-month high of $76.60. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $12.75 billion, a PE ratio of 34.39, a P/E/G ratio of 3.28 and a beta of 0.79.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group upgraded shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating and upped their target price for the stock from $72.00 to $80.00 in a research report on Thursday, January 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating and increased their price objective for the company from $66.00 to $73.00 in a research report on Tuesday, January 21st. UBS Group upgraded shares of Equity LifeStyle Properties to a “strong-buy” rating in a report on Thursday, October 10th. Robert W. Baird lifted their price target on Equity LifeStyle Properties from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Compass Point upped their price objective on Equity LifeStyle Properties from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $73.90.

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.