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

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Equity Lifestyle Properties (ELS) has announced its Q3 normalized FFO guidance to be between $0.69 and $0.75, surpassing the estimated $0.65.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:19 pm

Equity Lifestyle Properties (NYSE:ELS) reported Q2 2024 earnings per share of $0.66, beating the analyst estimate of $0.65. The company also reported sales of $380.019 million, surpassing the $375.128 million estimate and marking a 2.70% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:17 pm

Truist Securities analyst Anthony Hau maintains a Hold rating on Equity Lifestyle Properties (ELS) and lowers the price target from $72 to $65.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:18 pm

Barclays analyst Anthony Powell maintains an Overweight rating on Equity Lifestyle Properties (ELS) but lowers the price target from $78 to $72.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:56 pm

Equity Lifestyle Properties (ELS) reported Q1 FFO of $0.78 per share, surpassing the $0.77 estimate, marking a 5.41% year-over-year increase. However, their sales of $386.60M fell short of the $389.49M estimate, despite being a 4.49% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:19 pm

Numerous companies are scheduled to report their quarterly earnings on April 22, 2024, with expectations spanning from losses to significant profits across various sectors. Notable mentions include Verizon Communications, with projected earnings of $1.12 per share on $33.24 billion revenue, and SAP, expected to report earnings of $1.11 per share on $8.56 billion revenue. Other key reports include Dynex Cap forecasting a loss and Nucor anticipating earnings of $3.85 per share on $8.51 billion revenue.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 1:07 pm

REIT shares are trading lower due to rising Treasury yields following March inflation data, impacting income-paying stocks.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:45 pm

Equity Lifestyle Props (NYSE:ELS) has seen a 5.43% increase in its short percent of float since the last report, with 4.15 million shares sold short, representing 2.72% of its available trading shares. This indicates a bearish market sentiment, although it's below the peer group average of 2.92%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 6:45 pm

Equity Lifestyle Properties (ELS) has seen a decrease in short interest, with the short percent of float falling 14.29% to 2.58% of all shares available for trading. This indicates a reduction in bearish sentiment among traders. The current short interest stands at 3.93 million shares, requiring approximately 2.84 days for traders to cover their short positions. Comparatively, ELS has a higher short interest than its peer group average of 2.08%, suggesting more bearish sentiment towards ELS than its peers.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 2:15 pm

The U.S. Supreme Court has decided not to hear a challenge by landlords against rent stabilization laws, leaving the current regulations in place. This decision affects various real estate investment trusts (REITs) and the broader market, as indicated by the mention of SPY, which tracks the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:34 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.