2 weeks Ago By Defense World Staff
Shares of Equity LifeStyle Properties, Inc. ( NYSE:ELS – Get Free Report ) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.
The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $72.50. A number of research firms have recently commented on ELS.
Robert W. Baird upped their price target on shares of Equity LifeStyle Properties from $71.00 to $72.
00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. UBS Group upgraded shares of Equity LifeStyle Properties to a “strong-buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company raised shares of Equity LifeStyle Properties from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $70.
50 to $82.00 in a research note on Thursday, September 19th. Evercore ISI increased their price objective on Equity LifeStyle Properties from $76.
00 to $77.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Finally, Truist Financial lifted their target price on Equity LifeStyle Properties from $70.
00 to $71.00 and gave the company a “hold” rating in a research report on Tuesday, November 12th. Read Our Latest Research Report on Equity LifeStyle Properties Insider Buying and Selling Institutional Inflows and Outflows Hedge funds and other institutional investors have recently bought and sold shares of the stock.
V Square Quantitative Management LLC purchased a new stake in Equity LifeStyle Properties during the 2nd quarter valued at about $30,000. UMB Bank n.a.
raised its holdings in shares of Equity LifeStyle Properties by 356.4% in the 3rd quarter. UMB Bank n.
a. now owns 534 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 417 shares during the period. Blue Trust Inc.
boosted its stake in shares of Equity LifeStyle Properties by 167.1% in the second quarter. Blue Trust Inc.
now owns 625 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 391 shares during the period. GAMMA Investing LLC increased its position in shares of Equity LifeStyle Properties by 36.0% during the second quarter.
GAMMA Investing LLC now owns 819 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 217 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in Equity LifeStyle Properties in the 2nd quarter valued at about $54,000. 97.
21% of the stock is owned by hedge funds and other institutional investors. Equity LifeStyle Properties Stock Up 0.1 % Shares of NYSE ELS opened at $70.
94 on Friday. Equity LifeStyle Properties has a 1 year low of $59.82 and a 1 year high of $76.
60. The firm has a 50-day simple moving average of $70.38 and a two-hundred day simple moving average of $68.
08. The company has a market cap of $13.55 billion, a P/E ratio of 36.
57, a PEG ratio of 3.76 and a beta of 0.79.
The company has a debt-to-equity ratio of 0.35, a current ratio of 0.03 and a quick ratio of 0.
03. Equity LifeStyle Properties ( NYSE:ELS – Get Free Report ) last issued its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.
44 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.28).
The business had revenue of $387.30 million during the quarter, compared to analysts’ expectations of $315.78 million.
Equity LifeStyle Properties had a return on equity of 24.10% and a net margin of 23.97%.
The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.
71 earnings per share. Research analysts anticipate that Equity LifeStyle Properties will post 2.92 earnings per share for the current year.
Equity LifeStyle Properties Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be issued a $0.477 dividend.
The ex-dividend date of this dividend is Friday, December 27th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 2.
69%. Equity LifeStyle Properties’s dividend payout ratio is presently 98.45%.
Equity LifeStyle Properties Company Profile ( Get Free Report We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 29, 2024, we own or have an interest in 451 properties in 35 states and British Columbia consisting of 172,465 sites. Featured Articles Five stocks we like better than Equity LifeStyle Properties How the NYSE and NASDAQ are Different, Why That Matters to Investors Vertiv’s Cool Tech Makes Its Stock Red-Hot What is a Dividend King? MarketBeat Week in Review – 11/18 – 11/22 The Risks of Owning Bonds 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Equity LifeStyle Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity LifeStyle Properties and related companies with MarketBeat.
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