Equity Lifestyle Properties (NYSE:ELS) Issues Quarterly Earnings Results, Beats Estimates By $0.31 EPS

Equity Lifestyle Properties (NYSE:ELS) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.31, Zacks reports. Equity Lifestyle Properties had a return on equity of 21.22% and a net margin of 24.99%. Equity Lifestyle Properties updated its FY 2026 guidance to 3.130-3.230 EPS and its Q3 2026 guidance to 0.760-0.820 EPS.

Equity Lifestyle Properties Trading Up 1.0%

ELS stock traded up $0.63 during midday trading on Wednesday, reaching $65.53. The company’s stock had a trading volume of 2,017,014 shares, compared to its average volume of 1,688,801. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a fifty day simple moving average of $63.46 and a two-hundred day simple moving average of $64.09. Equity Lifestyle Properties has a 1 year low of $58.15 and a 1 year high of $69.00. The firm has a market capitalization of $12.71 billion, a price-to-earnings ratio of 32.76, a PEG ratio of 3.97 and a beta of 0.66.

Equity Lifestyle Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were given a $0.5425 dividend. This represents a $2.17 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, June 26th. Equity Lifestyle Properties’s dividend payout ratio is 108.50%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ELS shares. Wells Fargo & Company cut their target price on Equity Lifestyle Properties from $70.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Monday, June 1st. Weiss Ratings raised shares of Equity Lifestyle Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 2nd. Robert W. Baird raised their target price on shares of Equity Lifestyle Properties from $73.00 to $74.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. Barclays reiterated an “equal weight” rating and set a $68.00 price target on shares of Equity Lifestyle Properties in a report on Tuesday, July 14th. Finally, Odeon Capital Group set a $65.00 price objective on shares of Equity Lifestyle Properties in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $68.70.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC grew its position in shares of Equity Lifestyle Properties by 3.5% in the fourth quarter. Empowered Funds LLC now owns 5,055 shares of the real estate investment trust’s stock valued at $306,000 after purchasing an additional 169 shares in the last quarter. Private Advisor Group LLC boosted its stake in Equity Lifestyle Properties by 3.7% during the third 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 last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in Equity Lifestyle Properties by 1.2% during the fourth 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 last quarter. Wilmington Savings Fund Society FSB grew its holdings in Equity Lifestyle Properties by 27.4% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,250 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 269 shares in the last quarter. Finally, United Capital Financial Advisors LLC grew its holdings in Equity Lifestyle Properties by 6.9% in the 3rd quarter. United Capital Financial Advisors LLC now owns 5,306 shares of the real estate investment trust’s stock valued at $322,000 after buying an additional 342 shares in the last quarter. 97.21% of the stock is currently 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.