Equity Lifestyle Properties (NYSE:ELS)‘s stock had its “hold” rating reaffirmed by research analysts at Robert W. Baird in a research report issued to clients and investors on Monday. They presently have a $95.00 price target on the real estate investment trust’s stock. Robert W. Baird’s price target suggests a potential upside of 4.10% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. BidaskClub upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research report on Tuesday, August 22nd. Finally, Cantor Fitzgerald restated a “hold” rating and set a $81.00 target price on shares of Equity Lifestyle Properties in a research report on Wednesday, September 13th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Equity Lifestyle Properties currently has a consensus rating of “Hold” and a consensus target price of $88.50.

Equity Lifestyle Properties (ELS) remained flat at $$91.26 on Monday. The company had a trading volume of 227,269 shares, compared to its average volume of 371,646. The firm has a market capitalization of $8,015.98, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 4.90 and a beta of 0.30. Equity Lifestyle Properties has a 12-month low of $69.03 and a 12-month high of $91.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.06 and a quick ratio of 0.06.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings results on Monday, October 16th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.34). The firm had revenue of $241.63 million during the quarter, compared to the consensus estimate of $226.85 million. Equity Lifestyle Properties had a return on equity of 21.07% and a net margin of 22.52%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. analysts forecast that Equity Lifestyle Properties will post 3.58 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of ELS. Janus Henderson Group PLC boosted its position in shares of Equity Lifestyle Properties by 2,051.3% during the second quarter. Janus Henderson Group PLC now owns 2,010,984 shares of the real estate investment trust’s stock worth $173,664,000 after acquiring an additional 1,917,506 shares during the last quarter. Cohen & Steers Inc. raised its stake in Equity Lifestyle Properties by 17.6% during the third quarter. Cohen & Steers Inc. now owns 4,830,757 shares of the real estate investment trust’s stock valued at $411,001,000 after purchasing an additional 724,655 shares in the last quarter. Capital Growth Management LP raised its stake in Equity Lifestyle Properties by 900.0% during the third quarter. Capital Growth Management LP now owns 500,000 shares of the real estate investment trust’s stock valued at $42,540,000 after purchasing an additional 450,000 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Equity Lifestyle Properties by 18.6% during the third quarter. Daiwa Securities Group Inc. now owns 2,205,958 shares of the real estate investment trust’s stock valued at $187,683,000 after purchasing an additional 345,194 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Equity Lifestyle Properties by 2.7% during the second quarter. Vanguard Group Inc. now owns 12,836,756 shares of the real estate investment trust’s stock valued at $1,108,326,000 after purchasing an additional 343,326 shares in the last quarter. Hedge funds and other institutional investors own 97.86% of the company’s stock.

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About Equity Lifestyle Properties

Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.

Analyst Recommendations for Equity Lifestyle Properties (NYSE:ELS)

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