The price of Equity Lifestyle Properties Inc. (NYSE: ELS) closed at $65.88 in the last session, down -0.53% from day before closing price of $66.23. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1213556 shares were traded.
Ratios:
We take a closer look at ELS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 410.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.94. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 2.44.
On January 30, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $64.
Truist Downgraded its Buy to Hold on January 16, 2024, whereas the target price for the stock was revised from $70 to $73.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELS now has a Market Capitalization of 12.29B and an Enterprise Value of 15.80B. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.06, and their Forward P/E ratio for the next fiscal year is 35.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.15 while its Price-to-Book (P/B) ratio in mrq is 8.60. Its current Enterprise Value per Revenue stands at 11.25 whereas that against EBITDA is 23.92.
Stock Price History:
Over the past 52 weeks, ELS has reached a high of $74.04, while it has fallen to a 52-week low of $60.47. The 50-Day Moving Average of the stock is 68.02, while the 200-Day Moving Average is calculated to be 67.46.
Shares Statistics:
According to the various share statistics, ELS traded on average about 1.17M shares per day over the past 3-months and 1.43M shares per day over the past 10 days. A total of 186.43M shares are outstanding, with a floating share count of 177.90M. Insiders hold about 4.61% of the company’s shares, while institutions hold 99.35% stake in the company. Shares short for ELS as of Feb 15, 2024 were 4.15M with a Short Ratio of 3.55, compared to 4.59M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.23% and a Short% of Float of 2.73%.
Dividends & Splits
The forward annual dividend rate for ELS is 1.79, which was 1.79 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.70%, it implies a Forward Annual Dividend Yield of 2.90%. The stock’s 5-year Average Dividend Yield is 2.12. The current Payout Ratio is 106.11% for ELS, which recently paid a dividend on Apr 12, 2024 with an ex-dividend date of Mar 27, 2024. Stock splits for the company last occurred on Oct 16, 2019 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.45, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.38, with high estimates of $0.44 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.81 and $1.67 for the fiscal current year, implying an average EPS of $1.74. EPS for the following year is $1.86, with 6 analysts recommending between $1.99 and $1.74.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $387.14M. It ranges from a high estimate of $399.1M to a low estimate of $364M. As of the current estimate, Equity Lifestyle Properties Inc.’s year-ago sales were $369.95M, an estimated increase of 4.60% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $388.03M, an increase of 4.90% over than the figure of $4.60% in the same quarter last year. There is a high estimate of $415.04M for the next quarter, whereas the lowest estimate is $363M.
A total of 5 analysts have provided revenue estimates for ELS’s current fiscal year. The highest revenue estimate was $1.62B, while the lowest revenue estimate was $1.48B, resulting in an average revenue estimate of $1.56B. In the same quarter a year ago, actual revenue was $1.49B, up 4.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.62B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.56B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
