Equity Lifestyle Properties (NYSE:ELS) Updates FY 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.120-3.220 for the period, compared to the consensus earnings per share estimate of 2.490. The company issued revenue guidance of -. Equity Lifestyle Properties also updated its Q1 2026 guidance to 0.810-0.870 EPS.

Equity Lifestyle Properties Stock Down 1.7%

NYSE:ELS traded down $1.04 during mid-day trading on Wednesday, reaching $61.86. The stock had a trading volume of 1,594,513 shares, compared to its average volume of 1,507,420. The stock has a market cap of $11.99 billion, a P/E ratio of 31.09, a PEG ratio of 3.54 and a beta of 0.77. The business’s 50 day moving average is $61.81 and its 200 day moving average is $61.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.05 and a quick ratio of 0.05. Equity Lifestyle Properties has a fifty-two week low of $58.15 and a fifty-two week high of $70.35.

Equity Lifestyle Properties (NYSE:ELS) last announced its quarterly earnings results on Wednesday, January 28th. The real estate investment trust reported $0.79 EPS for the quarter, topping the consensus estimate of $0.78 by $0.01. Equity Lifestyle Properties had a net margin of 24.97% and a return on equity of 20.99%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Equity Lifestyle Properties has set its Q1 2026 guidance at 0.810-0.870 EPS and its FY 2026 guidance at 3.120-3.220 EPS. As a group, sell-side analysts predict that Equity Lifestyle Properties will post 3.07 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. UBS Group set a $67.00 target price on Equity Lifestyle Properties and gave the company a “buy” rating in a report on Thursday, January 8th. Evercore ISI lowered their price objective on Equity Lifestyle Properties from $67.00 to $65.00 and set an “inline” rating on the stock in a report on Thursday, October 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Equity Lifestyle Properties in a report on Thursday, January 22nd. Zacks Research cut Equity Lifestyle Properties from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. Finally, Truist Financial set a $66.00 price target on Equity Lifestyle Properties and gave the company a “hold” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Equity Lifestyle Properties presently has a consensus rating of “Moderate Buy” and an average target price of $69.14.

Key Headlines Impacting Equity Lifestyle Properties

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

• Positive Sentiment: Company raised FY‑2026 EPS guidance to $3.120–$3.220, well above the prior consensus (~$2.49). This is a meaningful upside to street expectations and signals stronger-than-expected earnings power for the year. ELS Reports Fourth Quarter Results
• Positive Sentiment: Q1‑2026 guidance was also raised to $0.810–$0.870 vs. consensus ~ $0.66, giving near-term visibility to earnings strength. ELS Reports Fourth Quarter Results
• Positive Sentiment: Q4 results: FFO/EPS of $0.79 beat consensus $0.78 and improved from $0.76 year‑ago; revenue was slightly higher (+0.4% YoY). The beat supports the raised guidance. Equity Lifestyle Properties (ELS) Surpasses Q4 FFO and Revenue Estimates
• Positive Sentiment: Company announced its 22nd consecutive annual dividend increase, supporting income-oriented investors and REIT valuation support. ELS Reports Fourth Quarter Results
• Neutral Sentiment: Analyst/metric deep dives are available to help parse occupancy, rent growth and other operating KPIs behind the headline numbers — useful for assessing sustainability of guidance. Equity Lifestyle Properties (ELS) Reports Q4 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Top-line growth was modest (revenue +0.4% YoY), which may temper enthusiasm if investors expected stronger rent/occupancy momentum. Press Release PDF
• Negative Sentiment: Shares are down amid the market session — potential drivers include short‑term profit taking, interest‑rate/REIT sector pressure, and a valuation that remains elevated (P/E ~31). Investors may be weighing guidance vs. macro/interest‑rate risk. MarketBeat ELS Quote

Institutional Trading of Equity Lifestyle Properties

A number of hedge funds have recently bought and sold shares of the stock. Daiwa Securities Group Inc. boosted its holdings in Equity Lifestyle Properties by 253.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,147,048 shares of the real estate investment trust’s stock valued at $191,025,000 after purchasing an additional 2,257,299 shares in the last quarter. Royal London Asset Management Ltd. lifted its position in shares of Equity Lifestyle Properties by 1,520.4% during the 2nd quarter. Royal London Asset Management Ltd. now owns 1,771,803 shares of the real estate investment trust’s stock worth $109,267,000 after buying an additional 1,662,458 shares during the period. Bank of America Corp DE boosted its stake in Equity Lifestyle Properties by 53.6% in the 2nd quarter. Bank of America Corp DE now owns 2,227,360 shares of the real estate investment trust’s stock valued at $137,361,000 after buying an additional 777,107 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in Equity Lifestyle Properties by 3,239.4% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 716,007 shares of the real estate investment trust’s stock valued at $43,462,000 after buying an additional 694,566 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Equity Lifestyle Properties by 161.2% in the second quarter. AQR Capital Management LLC now owns 1,044,792 shares of the real estate investment trust’s stock valued at $63,889,000 after acquiring an additional 644,860 shares during the period. 97.21% of the stock is owned by institutional investors.

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.