Equity LifeStyle Properties (NYSE:ELS – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 3.010-3.110 for the period, compared to the consensus earnings per share estimate of 3.070. The company issued revenue guidance of -. Equity LifeStyle Properties also updated its Q2 2025 guidance to 0.660-0.720 EPS.
Wall Street Analysts Forecast Growth
ELS has been the subject of several recent research reports. Truist Financial raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Jefferies Financial Group began coverage on Equity LifeStyle Properties in a research note on Tuesday, April 8th. They issued a “buy” rating and a $80.00 price target on the stock. Deutsche Bank Aktiengesellschaft upgraded Equity LifeStyle Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $66.00 to $73.00 in a report on Tuesday, January 21st. BMO Capital Markets raised shares of Equity LifeStyle Properties from a “market perform” rating to an “outperform” rating and set a $78.00 target price on the stock in a research report on Friday, April 4th. Finally, Robert W. Baird raised their price objective on shares of Equity LifeStyle Properties from $72.00 to $73.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $74.20.
Read Our Latest Stock Report on Equity LifeStyle Properties
Equity LifeStyle Properties Stock Down 1.4 %
Equity LifeStyle Properties (NYSE:ELS – Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.83 EPS for the quarter, meeting the consensus estimate of $0.83. Equity LifeStyle Properties had a return on equity of 23.12% and a net margin of 24.05%. As a group, equities research analysts expect that Equity LifeStyle Properties will post 3.07 EPS for the current year.
Equity LifeStyle Properties Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were given a $0.515 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.20%. This is a boost from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. Equity LifeStyle Properties’s payout ratio is currently 105.64%.
About Equity LifeStyle Properties
Equity LifeStyle Properties, Inc is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations.
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