Several analysts have recently commented on the stock. Analysts at The Street upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a research note on Monday, November 3rd. Separately, analysts at Citigroup, Inc. reiterated a “neutral” rating and set a $48.00 price target (up previously from $45.00) on shares of Equity Lifestyle Properties in a research note on Thursday, October 23rd.
The stock has a 50-day moving average of $51.75 and a 200-day moving average of $46.79. ELS has a market cap of $4.692 billion and a price-to-earnings ratio of 41.28.
Equity Lifestyle Properties (NYSE:ELS) last released its earnings data on Monday, October 20th.
The company reported $0.69 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.01. The company had revenue of $200.56 million for the quarter, compared to the consensus estimate of $186.94 million. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis.
Equity LifeStyle Properties, Inc., (NYSE:ELS) is a real estate investment trust (REIT). The Company is a fully integrated owner and operator of lifestyle-oriented properties and has two segments that include Property Operations and Home Sales and Rental Operations. ##
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(Photo Credit: Equity Lifestyle Properties)
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