Equity Lifestyle Props Azioni (NYSE: ELS)

Equity Lifestyle Props (NYSE:ELS) Azioni

Equity Lifestyle Props

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Equity Lifestyle Properties, Inc. Common Stock

Equity Lifestyle Properties Inc

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ELECTRONIC SYS TECHNOLOGY by Electronic Systems Technology, Inc.

Electronic Systems Technology Inc

ELSE NUTRITION HLDGS INC by Else Nutrition Holdings Inc.

Else Nutrition Holdings Inc

Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $73.0, along with a high estimate of $78.00 and a low estimate of $68.00. Witnessing a positive shift, the current average has risen by 3.91% from the previous average price target of $70.25.
<img src="https://www.benzinga.com/files/images/story/2025/1743789639_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Equity Lifestyle Props. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Juan Sanabria</td>
<td>BMO Capital</td>
<td>Announces</td>
<td>Outperform</td>
<td>$78.00</td>
<td>-</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$68.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$73.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Omotayo Okusanya</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$73.00</td>
<td>$66.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Equity Lifestyle Props. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Equity Lifestyle Props compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Equity Lifestyle Props's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Equity Lifestyle Props's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>Discovering Equity Lifestyle Props: A Closer Look</h2>
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
<h3>Key Indicators: Equity Lifestyle Props's Financial Health</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Equity Lifestyle Props displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 0.36%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Equity Lifestyle Props's net margin excels beyond industry benchmarks, reaching 28.1%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.06%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Equity Lifestyle Props's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.7%, the company showcases efficient use of assets and strong financial health.
Debt Management: Equity Lifestyle Props's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.84, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Verdict: Equity Lifestyle Props In The Eyes Of 5 Experts

BMO Capital analyst Juan Sanabria upgrades Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) from Market Perform to Outperform and announces $78 price target.

News

Upgrades

Price Target

BMO Capital Upgrades Equity Lifestyle Props to Outperform, Announces $78 Price Target

RBC Capital analyst Brad Heffern maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Sector Perform and lowers the price target from $69 to $68.

RBC Capital Maintains Sector Perform on Equity Lifestyle Props, Lowers Price Target to $68

Baird analyst Wesley Golladay maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Outperform and raises the price target from $72 to $73.

Baird Maintains Outperform on Equity Lifestyle Props, Raises Price Target to $73

Evercore ISI Group analyst Steve Sakwa maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a In-Line and lowers the price target from $74 to $73.

Evercore ISI Group Maintains In-Line on Equity Lifestyle Props, Lowers Price Target to $73

Guidance

Equity LifeStyle Properties Expects Normalized FFO Of $0.80 - $0.86 For Q1 (Est $0.82) And $3.01 - $3.11 For 2025 (Est $3.09)

Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) released its Q4 earnings on Monday, January 27, 2025 at 04:23 PM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Equity Lifestyle Props missed estimated earnings by 0.0%, reporting an EPS of $0.76 versus an estimate of $0.76.
Revenue was up $11.68 million from the same period last year.
<h3>Overview of Past Earnings</h3>
In the previous quarter, the company missed on EPS by $0.0, resulting in a 1.0% increase change in the share price the following day.
Here's a look at Equity Lifestyle Props's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.72</td>
<td>0.65</td>
<td>0.77</td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.72</td>
<td>0.66</td>
<td>0.78</td>
<td>0.71</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>403.85M</td>
<td>381.58M</td>
<td>389.49M</td>
<td>356.04M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>387.26M</td>
<td>380.02M</td>
<td>386.57M</td>
<td>360.64M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Equity Lifestyle Props management provided guidance for FY 2025, expecting earnings between $3.01 and $3.11 per share.
To track all earnings releases for Equity Lifestyle Props <a href="https://www.benzinga.com/quote/ELS/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Insights into Equity Lifestyle Props Q4 Earnings

The company's Board of Directors, in its sole discretion, will determine the amount of each quarterly dividend in advance of payment.

Dividends

Equity LifeStyle Properties Boosts Annual Dividend Rate By 7.9% From $1.91 To $2.06 Per Share

Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) reported quarterly Normalized FFO of $0.76 per share which met the analyst consensus estimate. This is a 7.04 percent increase over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $372.32 million which missed the analyst consensus estimate of $375.05 million by 0.73 percent. This is a 3.24 percent increase over sales of $360.64 million the same period last year.

Earnings Misses

Equity Lifestyle Props Q4 2024 Normalized FFO $0.76, Inline, Sales $372.32M Miss $375.05M Estimate

<h3>Companies Reporting Before The Bell</h3>
• MainStreet Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNSB#NASDAQ">MNSB</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $16.99 million. 
• Oxford Lane Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXLC#NASDAQ">OXLC</a>) is estimated to report earnings for its third quarter. 
• SoFi Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $678.53 million. 
• Ryanair Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) is likely to report quarterly earnings at $0.09 per share on revenue of $3.08 billion. 
• Dynex Cap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DX#NYSE">DX</a>) is projected to report quarterly earnings at $0.06 per share on revenue of $11.39 million. 
• Hope Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOPE#NASDAQ">HOPE</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $119.97 million. 
• Bank of Hawaii (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOH#NYSE">BOH</a>) is expected to report quarterly earnings at $0.84 per share on revenue of $163.36 million. 
• Bank of Marin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMRC#NASDAQ">BMRC</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $28.17 million. 
• AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $31.95 billion. 
<h3>Companies Reporting After The Bell</h3>
• WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) is expected to report quarterly earnings at $0.99 per share on revenue of $264.39 million. 
• WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $2.98 billion. 
• Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) is projected to report quarterly earnings at $0.76 per share on revenue of $375.04 million. 
• Transcat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNS#NASDAQ">TRNS</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $70.30 million. 
• Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is expected to report quarterly earnings at $1.91 per share on revenue of $804.88 million. 
• Five Star (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSBC#NASDAQ">FSBC</a>) is projected to report quarterly earnings at $0.57 per share on revenue of $34.09 million. 
• Sanmina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>) is estimated to report quarterly earnings at $1.36 per share on revenue of $1.98 billion. 
• Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) is expected to report quarterly earnings at $0.63 per share on revenue of $6.77 billion. 
• AGNC Investment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGNC#NASDAQ">AGNC</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $209.06 million. 
• HomeStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HMST#NASDAQ">HMST</a>) is projected to report quarterly loss at $0.19 per share on revenue of $41.10 million. 
• Home Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBCP#NASDAQ">HBCP</a>) is estimated to report quarterly earnings at $1.11 per share on revenue of $30.30 million. 
• Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is likely to report quarterly earnings at $2.39 per share on revenue of $69.74 million. 
• NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $147.11 million. 
• Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $233.68 million. 
• PotlatchDeltic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCH#NASDAQ">PCH</a>) is expected to report quarterly loss at $0.02 per share on revenue of $246.71 million. 
• Graco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGG#NYSE">GGG</a>) is estimated to report quarterly earnings at $0.77 per share on revenue of $553.25 million. 
• Crane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CR#NYSE">CR</a>) is expected to report quarterly earnings at $1.27 per share on revenue of $583.71 million. 
• Brown &amp; Brown (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $1.12 billion. 
• Enterprise Finl Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSC#NASDAQ">EFSC</a>) is likely to report quarterly earnings at $1.20 per share on revenue of $162.20 million. 
• Servisfirst Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NYSE">SFBS</a>) is likely to report quarterly earnings at $1.11 per share on revenue of $126.64 million. 
• Seacoast Banking (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBCF#NASDAQ">SBCF</a>) is projected to report earnings for its fourth quarter. 
• Alexandria Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE">ARE</a>) is projected to report quarterly earnings at $2.39 per share on revenue of $788.78 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AGNC

BMRC

EFSC

FSBC

HBCP

HMST

HOPE

MNSB

MRTN

NBTB

OXLC

PFBC

RYAAY

SANM

SBCF

SFBS

SOFI

TRNS

WSFS

Earnings Scheduled For January 27, 2025

Deutsche Bank analyst Omotayo Okusanya upgrades Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) from Hold to Buy and raises the price target from $66 to $73.

Deutsche Bank Upgrades Equity Lifestyle Props to Buy, Raises Price Target to $73

In the latest quarter, 7 analysts provided ratings for Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $74.29, along with a high estimate of $80.00 and a low estimate of $71.00. This current average reflects an increase of 2.23% from the previous average price target of $72.67. 
<img src="https://www.benzinga.com/files/images/story/2025/1735844418_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Equity Lifestyle Props. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Peter Abramowitz</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$80.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$71.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Merrill Ross</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$72.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$76.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$72.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$77.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Peter Abramowitz</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$72.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Equity Lifestyle Props. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Equity Lifestyle Props compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Equity Lifestyle Props's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Equity Lifestyle Props's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>All You Need to Know About Equity Lifestyle Props</h2>
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
<h3>Unraveling the Financial Story of Equity Lifestyle Props</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Decline in Revenue: Over the 3 months period, Equity Lifestyle Props faced challenges, resulting in a decline of approximately -0.64% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Equity Lifestyle Props's net margin excels beyond industry benchmarks, reaching 22.62%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Equity Lifestyle Props's ROE excels beyond industry benchmarks, reaching 5.78%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.47%, the company showcases effective utilization of assets.
Debt Management: Equity Lifestyle Props's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.44, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Equity Lifestyle Props In The Eyes Of 7 Experts

Jefferies analyst Peter Abramowitz upgrades Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) from Hold to Buy and raises the price target from $72 to $80.

Jefferies Upgrades Equity Lifestyle Props to Buy, Raises Price Target to $80

Truist Securities analyst Anthony Hau maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Hold and raises the price target from $70 to $71.

Truist Securities Maintains Hold on Equity Lifestyle Props, Raises Price Target to $71

- SEC Filing On November&nbsp;1, 2024, Equity LifeStyle Properties, Inc. (referred to herein as the "Company," "we," "us" and "our") and our operating partnership, MHC Operating Limited Partnership (the "Operating Partnership"), entered into separate Equity Distribution Agreements (the "Equity Distribution Agreements") with each of Morgan Stanley&nbsp;&amp; Co. LLC; BofA Securities, Inc.; Capital One Securities, Inc.; Goldman Sachs&nbsp;&amp; Co. LLC; Jefferies LLC; RBC Capital Markets, LLC; Regions Securities LLC; Truist Securities, Inc.; and Wells Fargo Securities, LLC (collectively, the "Sales Agents"), pursuant to which we may sell, from time to time, shares of our common stock, par value $0.01 per share (the "Common Stock"), having an&nbsp;aggregate offering price of up to $700,000,000, through the Sales Agents (the "Offering"). Upon entry into the Equity Distribution Agreements, we&nbsp;terminated our prior program pursuant to the equity distribution agreements, each dated as of February&nbsp;28, 2024 (the "Prior Equity Distribution Agreements"), entered into with each of Morgan Stanley &amp; Co. LLC; BMO Capital Markets Corp.; BofA Securities, Inc.; Capital One Securities, Inc.; Goldman Sachs&nbsp;&amp; Co. LLC; Jefferies LLC; Regions Securities LLC; Truist Securities, Inc.; and Wells Fargo Securities, LLC (the "Prior Sales Agents"). At the time of the termination of the Prior Equity Distribution Agreements, an aggregate gross sales price of approximately $182.6&nbsp;million of the Common Stock remained unsold under the Prior Equity Distribution Agreements.
Any Common Stock sold in the Offering will be issued pursuant to a prospectus dated February&nbsp;27, 2024, and a prospectus supplement filed with the Securities and Exchange Commission (the "SEC") onNovember&nbsp;1, 2024, in connection with one or more offerings of shares under our shelf registration statement on Form S-3ASR (Registration No.&nbsp;333-277426) filed with the SEC on February&nbsp;28, 2024 and which was automatically effective upon filing. Sales of our Common Stock made pursuant to the Equity Distribution Agreements, if any, may be made in negotiated transactions, including block trades, in transactions that are deemed to be "at the market" offerings as defined in Rule 415 under the Securities Act of 1933, as amended (the "Securities Act"), by means of ordinary brokers' transactions at market prices prevailing at the time of sale, including sales made directly on the New York Stock Exchange, in sales made in the over-the-counter market, in sales made to or through a market maker, in sales made through other securities exchanges or electronic communications networks, or by any other means permitted by law. The Company may also sell shares of Common Stock to a Sales Agent as principal for its own account at a price agreed upon at the time of such sale. If the Company sells shares of Common Stock to a Sales Agent as principal, it will enter into a separate agreement with the Sales Agent. The Equity Distribution Agreements provide that each Sales Agent will receive from the Company a commission that will not exceed, but may be lower than, 2.0% of the gross sales price of all shares of Common Stock sold through it as Sales Agent under the Equity Distribution Agreement. We intend to use the proceeds from any sales in the Offering for general corporate purposes, which may include repayment of existing indebtedness, acquisitions of properties (including through the acquisition of individual properties, portfolios and companies), development, renovation, expansion and improvement of our existing properties, working capital and other capital expenditures.
We made certain customary representations, warranties and covenants concerning the Company, the Operating Partnership and the Common Stock in each Equity Distribution Agreement and also agreed to indemnify the Sales Agents against certain liabilities, including liabilities under the Securities Act. The form of Equity Distribution Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K, and the description of the material terms of the Equity Distribution Agreements in this Item 1.01 is qualified in its entirety by reference to such Exhibit, which is incorporated herein by reference. &nbsp;

Offerings

Contracts

Equity Lifestyle Properties Enters Equity Distribution Agreements With Multiple Sales Agents; May Sell Up To $700M In Common Stock

Equity Lifestyle Properties Inc Files Prospectus For Offering Of $700M Of Common Stock By Selling Stockholders

Compass Point analyst Merrill Ross maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Neutral and raises the price target from $70 to $72.

Compass Point Maintains Neutral on Equity Lifestyle Props, Raises Price Target to $72

Evercore ISI Group analyst Steve Sakwa maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a In-Line and lowers the price target from $77 to $76.

Evercore ISI Group Maintains In-Line on Equity Lifestyle Props, Lowers Price Target to $76

Baird analyst Wesley Golladay maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Outperform and raises the price target from $71 to $72.

Baird Maintains Outperform on Equity Lifestyle Props, Raises Price Target to $72

Equity Lifestyle Properties Sees FY24 Normalized FFO $2.89-$2.95 Vs $2.89 Est; Sees Q4 Normalized FFO $0.73-$0.79

Press Releases

Real Estate

Equity LifeStyle Properties, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call

Legal

EQUITY LIFESTYLE PROPERTIES, INC. ANNOUNCEMENT: If You Have Suffered Losses in Equity LifeStyle Properties, Inc. (NYSE: ELS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

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