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.
infoEquity LifeStyle Properties is a large cap stock with a total market cap of 13.12B.
infoThey trade on the NYSE and had their IPO 30 years and 5 months ago.
infoEquity LifeStyle Properties currently employs 4200 people.
infoAs of Wednesday, Aug 23 2023, Equity LifeStyle Properties’s share price is $67.08.
News Relating to Equity LifeStyle Properties
Seeking Alpha
Equity LifeStyle Properties Inc. (ELS) Q2 2023 Earnings Call Transcript
Tuesday Jul 18 2023 at 14:51
Equity LifeStyle Properties Inc. (NYSE:ELS ) Q2 2023 Earnings Conference Call July 18, 2023 11:00 AM ET Company Participants Marguerite Nader – President & Chief Executive Officer Paul Seavey – Executive Vice President & Chief Financial Officer Patrick Waite – Executive Vice President & Chief Operating Officer Conference Call Participants Joshua Dennerlein – Bank of America Brad Heffern – RBC Capital Markets John Kim – BMO Capital Markets Eric Wolfe – Citi James Feldman – Wells Fargo Anthony Powell – Barclays Samir Khanal – Evercore ISI Keegan Carl – Wolfe Research Wesley Golladay – Baird John Pawlowski – Green Street Advisors Michael Goldsmith – UBS Operator Good day, everyone and thank you all for joining us to discuss Equity LifeStyle Properties Second Quarter 2023 Results. Our features, speakers today are Marguerite Nader, our President and CEO; Paul Seavey, our Executive Vice President and CFO and Patrick Waite, our Executive Vice President and COO.
Zacks Investment Research
Equity Lifestyle Properties (ELS) Q2 FFO Match Estimates
Monday Jul 17 2023 at 18:48
Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.64 per share a year ago.
Seeking Alpha
Stick The Soft Landing
Sunday Jul 16 2023 at 09:00
U.S. equity markets advanced to their highest levels of the year on an “inflation week” rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&P 500 advanced 2.4% this week, while the other major equity benchmarks – the Mid-Cap 400 and Small-Cap 600 – gained 3%. Real estate equities- the sector with perhaps the most potential upside from a “soft landing” scenario- were among the leaders for a third straight week. The Equity REIT Index gained 2.9%.
Business Wire
Equity LifeStyle Properties, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call
Friday Jul 07 2023 at 16:32
CHICAGO–(BUSINESS WIRE)–Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the “Company,” “we,” “us,” and “our”) announced today that the Company’s second quarter 2023 earnings will be released on Monday, July 17, 2023 after market close. The Company’s executive management team will host a conference call and audio webcast on Tuesday, July 18, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s operating and financial results. The live audio webcast and replay of the con.
Seeking Alpha
Equity LifeStyle: Wait For A Better Entry Point
Friday Jul 07 2023 at 08:30
Equity LifeStyle Properties owns high quality locations and has a demonstrated track record of growth. However, ELS’s growth is slowing down due to lower transient stays and cost inflation. Although ELS maintains a strong balance sheet and pays a safe dividend, the shares appear to be expensive at present.
Seeking Alpha
Billionaire Elon Musk Says ‘Sell Real Estate’
Saturday Jul 01 2023 at 09:00
Billionaire Elon Musk Says ‘Sell Real Estate’
The Motley Fool
These 3 Dividend Stocks Have Drubbed the Dow for a Decade: Here’s Why They Can Keep That Going
Saturday Jul 01 2023 at 08:45
Buy Rexford Industrial on the dip and watch the dividends and share price grow. Going off the beaten path has paid big dividends for Equity LifeStyle Properties.
InvestorPlace
3 Top Apartment REITs for Dividend Investors
Friday Jun 30 2023 at 11:40
The sharp increase in interest rates over the past year is a negative catalyst for real estate investment trusts (REITs). But not all REITs have been negatively affected to the same extent.
The Motley Fool
25% More Space at 50% of the Cost? No Wonder Investors Like This Property Niche.
Friday Jun 09 2023 at 09:00
The average retirement savings for those 65 and older isn’t particularly great. Housing is one of the largest costs consumers face.
The Motley Fool
These 5 Dividend Stocks Have Produced Monster Total Returns
Thursday Jun 01 2023 at 06:25
REITs are best known for paying dividends. However, they also deliver price appreciation.
Seeking Alpha
Dividend Investing Like The Legendary Sam Zell
Friday May 26 2023 at 08:45
Sam Zell was known as the “Grave Dancer” for buying distressed but quality assets for pennies on the dollar and selling them later at the tippy top of the market. Zell was a master value investor, applying standard value investing principles to the world of commercial real estate.
Seeking Alpha
Winners Of REIT Earnings Season
Tuesday May 09 2023 at 10:30
You wouldn’t know it by reading the mainstream financial press, but there’s more to commercial real estate than office buildings. Obscured by office pain, REITs delivered surprisingly strong first quarter results. Of the 83 equity REITs that provide full-year Funds from Operations (“FFO”) guidance, 37 (44%) raised their full-year earnings outlook, while 5 (6%) lowered guidance.
Seeking Alpha
Is A Commercial Real Estate Crisis Coming? These Experts Say No
Saturday Apr 29 2023 at 09:15
People seem to think that commercial real estate is crashing. The truth is the opposite. Lower quality Class B and C office buildings are indeed suffering mightily right now, while Class A office is mainly suffering from negative sentiment.
Seeking Alpha
REIT Earnings Preview: When The Tide Goes Out
Tuesday Apr 25 2023 at 10:00
REIT Earnings Preview: When The Tide Goes Out.
Seeking Alpha
Housing Recession Is Over
Sunday Apr 23 2023 at 09:00
Housing Recession Is Over.
Seeking Alpha
Equity LifeStyle Properties Inc. (ELS) Q4 2022 Earnings Call Transcript
Tuesday Apr 18 2023 at 15:12
Equity LifeStyle Properties Inc. (ELS) Q4 2022 Earnings Call Transcript
Zacks Investment Research
Equity Lifestyle Properties (ELS) Q1 FFO and Revenues Lag Estimates
Monday Apr 17 2023 at 19:46
Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.74 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to FFO of $0.72 per share a year ago.
Seeking Alpha
Building Wealth: Why Equity LifeStyle Properties Is The Perfect REIT For Me
Sunday Apr 16 2023 at 09:17
It’s time for me to diversify my real estate exposure, as I own only two stocks – operating in the same segment. I’m looking for a mix of growth and value, which is provided by Equity LifeStyle Properties, a residential REIT with secular benefits and a stellar business model.
Zacks Investment Research
Should You Buy Equity Lifestyle Properties (ELS) Ahead of Earnings?
Tuesday Apr 11 2023 at 09:57
Equity Lifestyle Properties (ELS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Business Wire
Equity LifeStyle Properties, Inc. Announces First Quarter 2023 Earnings Release and Conference Call
Friday Apr 07 2023 at 16:16
CHICAGO–(BUSINESS WIRE)–Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the “Company,” “we,” “us,” and “our”) announced today that the Company’s first quarter 2023 earnings will be released on Monday, April 17, 2023 after market close. The Company’s executive management team will host a conference call and audio webcast on Tuesday, April 18, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s operating and financial results.
Seeking Alpha
Equity LifeStyle Properties: Well-Positioned But Shares Appear Fairly Valued
Monday Apr 03 2023 at 09:45
Equity LifeStyle Properties owns a large portfolio of manufactured home communities, along with RV resorts, campgrounds, and marinas in North America. The company reported solid results in 2022, including a 5.7% increase in NOI and a 7.4% increase in FFO. This came as they sold a record number of new houses.
Seeking Alpha
NIMBY And BANANA Opportunities In Real Estate And Energy
Friday Mar 31 2023 at 13:51
Supply constraints are often overlooked. They drive long-term success of real estate as exiting inventory is allowed to raise rates without threat of increased supply.
Seeking Alpha
18 Upcoming Dividend Increases To Finish Q1
Friday Mar 24 2023 at 04:59
All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 11.0% and a median increase of 8.4%.
Seeking Alpha
Buy The Dip: 2 REITs Getting Way Too Cheap
Tuesday Mar 21 2023 at 08:05
REITs sold off heavily in recent months. This has led to some historic buying opportunities.
Seeking Alpha
Residential REITs: Stability In An Unstable World
Monday Mar 20 2023 at 11:00
The recent collapse of Silicon Valley Bank and the launch of the Federal Reserve’s Bank Term Funding Program (“BTFP”) have sent markets on a roller-coaster ride. Recent housing data continues to show signs of home prices moving lower, and sequential asking rents in several major apartment markets has been moving lower as well.
Seeking Alpha
Manufactured Housing: Predictable Top Line, But Operating Expenses Reset
Thursday Mar 09 2023 at 14:00
The manufactured housing sector has an impressive history of managing well through difficult economic and financial periods by providing a truly affordable housing proposition to an underserved market. The industry does not push rents as aggressively as more traditional rental housing operators during really strong periods such as 2021-22 but have been successful at raising rents.
Seeking Alpha
Apartment REITs: Tracking For Soft Landing
Thursday Feb 23 2023 at 10:00
Apartment REITs were the second-worst-performing property sector in 2022 – barely outperforming the troubled office sector – despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little doubt that growth will moderate over the coming quarters. Market consensus sees a “hard landing” with rising vacancies and declining rents.
Seeking Alpha
REIT Earnings Halftime Report
Monday Feb 13 2023 at 13:00
We’re approaching the halfway point of another consequential real estate earnings season with roughly 40 equity REITs and 15 mortgage REITs representing 50% of the total market capitalization reporting results. Results thus far have modestly exceeded expectations. Of the 36 REITs that provide guidance, 20 (56%) reported 2022 Funds From Operations (“FFO”) above their prior guidance while 3 (8%) missed.
Seeking Alpha
Fed Blinks, Finally
Sunday Feb 05 2023 at 09:00
U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported “soft landing” prospects. Gaining for the fourth week in the past five, the S&P 500 advanced 1.6% while the tech-heavy Nasdaq 100 rallied 3.3% – its fourth-straight week of gains. Small caps soared 5%.
Seeking Alpha
Investing $10,000 In These 3 Dividend Growth No-Brainers
Thursday Feb 02 2023 at 08:00
Where would you invest $10,000? In this article, we dive into this question – especially in light of recession risks and nervous markets. I present three dividend growth stocks with stellar business models, healthy balance sheets, decent yields, high dividend growth, and a high probability of long-term outperformance.
Equity LifeStyle Properties Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Equity LifeStyle Properties’s Altman Z-score is 2.21 which is in the gray zone. This indicates a level of ambiguity where further analyses are needed to evaluate the company’s financial stability accurately.
Derived from SEC.GOV filing dataopen_in_new
Equity LifeStyle Properties Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Equity LifeStyle Properties.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Equity LifeStyle Properties’s Income Quality of 2.66 is greater than its Industry Group of 1.05 (153.3% greater)
Equity LifeStyle Properties’s Income Quality of 2.66 is greater than its Major Industry Group of -0.07 (3900.0% greater)
Equity LifeStyle Properties’s Income Quality of 2.66 is greater than its Sector of 0.58 (358.6% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Equity LifeStyle Properties’s Current Ratio of 0.09 is lower than its Industry Group of 1.33 (-93.2% lower)
Equity LifeStyle Properties’s Current Ratio of 0.09 is lower than its Major Industry Group of 0.32 (-71.9% lower)
Equity LifeStyle Properties’s Current Ratio of 0.09 is lower than its Sector of 1.3 (-93.1% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Equity LifeStyle Properties’s PE Ratio of 56.67 is greater than its Industry Group of 8.36 (577.9% greater)
Equity LifeStyle Properties’s PE Ratio of 56.67 is greater than its Major Industry Group of 7.7 (636.0% greater)
Equity LifeStyle Properties’s PE Ratio of 56.67 is greater than its Sector of 7.86 (621.0% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Equity LifeStyle Properties’s PB Ratio of 8.73 is greater than its Industry Group of 0.87 (903.4% greater)
Equity LifeStyle Properties’s PB Ratio of 8.73 is greater than its Major Industry Group of 0.74 (1079.7% greater)
Equity LifeStyle Properties’s PB Ratio of 8.73 is greater than its Sector of 0.72 (1112.5% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Equity LifeStyle Properties’s ROE of 0.15 is greater than its Industry Group of 0.01 (1400.0% greater)
Equity LifeStyle Properties’s ROE of 0.15 is greater than its Major Industry Group of 0.04 (275.0% greater)
Equity LifeStyle Properties’s ROE of 0.15 is greater than its Sector of 0.04 (275.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Equity LifeStyle Properties’s ROCE of 0.09 is greater than its Industry Group of 0.03 (200.0% greater)
Equity LifeStyle Properties’s ROCE of 0.09 is greater than its Major Industry Group of -0.01 (1000.0% greater)
Equity LifeStyle Properties’s ROCE of 0.09 is greater than its Sector of 0.02 (350.0% greater)
Derived from SEC.GOV filing dataopen_in_new