Equity LifeStyle Properties (NYSE:ELS) issued its quarterly earnings data on Sunday. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.21), MarketWatch Earnings reports. Equity LifeStyle Properties had a net margin of 20.27% and a return on equity of 16.66%. The firm had revenue of $271.90 million during the quarter, compared to analyst estimates of $267.99 million. During the same period last year, the business earned $0.52 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year.
ELS stock traded up $0.78 during mid-day trading on Tuesday, reaching $64.50. The company had a trading volume of 1,312,075 shares, compared to its average volume of 993,828. Equity LifeStyle Properties has a one year low of $41.97 and a one year high of $77.55. The stock’s 50-day simple moving average is $61.33 and its two-hundred day simple moving average is $62.93. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $11.75 billion, a P/E ratio of 53.75, a P/E/G ratio of 4.60 and a beta of 0.46.
The business also recently announced a quarterly dividend, which was paid on Friday, January 8th. Shareholders of record on Thursday, December 24th were paid a $0.343 dividend. This represents a $1.37 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend was Wednesday, December 23rd. Equity LifeStyle Properties’s payout ratio is 65.55%.
Equity LifeStyle Properties Company Profile
We are a self-administered, self-managed real estate investment trust (ÂREITÂ) with headquarters in Chicago. As of October 19, 2020, we own or have an interest in 415 quality properties in 33 states and British Columbia consisting of 157,690 sites.
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