Streetbeat News

ELS

Equity LifeStyle Properties, Inc.

https://www.equitylifestyleproperties.com

Industry

REIT - Residential

We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.

Open

70.25

Mkt cap

14B

Volume

1.3M

High

71.74

P/E Ratio

36.63

52-wk high

76.60

Low

69.59

Div yield

0.03

52-wk low

59.82

Equity Lifestyle Properties (NYSE:ELS) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.72. The company's past performance shows mixed reactions to earnings beats, with a focus on future guidance. ELS shares have risen 8.89% over the past year, and analysts have a Neutral rating with a price target of $73.29, indicating a potential 4.51% upside.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:01 pm

Equity Lifestyle Properties (NYSE:ELS) has been evaluated by 7 analysts over the past three months, with a range of opinions from bullish to bearish. The average 12-month price target has increased by 5.33% to $73.29. Analysts have adjusted their ratings and price targets, reflecting a generally positive outlook. ELS is a residential REIT with a strong market presence, though it faces higher financial risk due to its debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:01 pm

Jefferies has initiated coverage on Equity Lifestyle Properties (ELS) with a Hold rating and set a price target of $72.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 1:09 pm

Equity LifeStyle Properties (ELS) is beginning cleanup efforts following Hurricane Milton. The company does not expect significant financial impact due to adequate insurance coverage.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 6:25 am

Equity LifeStyle Properties reports minimal impact from Hurricane Helene on its properties in Florida, North Carolina, and South Carolina. No injuries were reported, and the company is assessing cleanup costs. They believe insurance will cover most expenses, and the hurricane is not expected to significantly impact financial results.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 7:11 am

Wells Fargo analyst James Feldman has upgraded Equity Lifestyle Properties (NYSE:ELS) from Equal-Weight to Overweight and increased the price target from $70.5 to $82.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:32 pm

Equity Lifestyle Properties (NYSE:ELS) has been evaluated by 5 analysts over the past three months, with all ratings being indifferent. The average 12-month price target has increased to $71.8, with a high of $76.00 and a low of $68.00. Analysts have adjusted their ratings and price targets, reflecting their response to market conditions and company performance. ELS is a residential REIT with a strong market presence, but it has a higher debt-to-equity ratio than the industry average.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:00 pm

Evercore ISI Group has maintained an 'In-Line' rating for Equity Lifestyle Properties (NYSE:ELS) and raised its price target from $73 to $76.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:10 pm

Equity Lifestyle Properties (NYSE:ELS) has received mixed analyst ratings over the past three months, with all four analysts expressing an indifferent stance. The average 12-month price target has increased to $70.75, with a high of $73.00 and a low of $68.00. Analysts have adjusted their ratings and price targets, reflecting evolving market conditions. ELS is a residential REIT with a strong market position, but it faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 6:01 pm

Evercore ISI Group has maintained an 'In-Line' rating for Equity Lifestyle Properties (NYSE:ELS) and raised its price target from $72 to $73.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:26 pm

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