Closing Bell Recap: Equity Lifestyle Properties Inc. (ELS) Ends at 66.12, Reflecting a -2.71 Downturn

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Equity Lifestyle Properties Inc. (NYSE: ELS) closed the day trading at $66.12 down -2.71% from the previous closing price of $67.96. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 2.17 million shares were traded. ELS stock price reached its highest trading level at $68.075 during the session, while it also had its lowest trading level at $65.99.

Ratios:

For a better understanding of ELS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 345.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.90. In the meantime, Its Debt-to-Equity ratio is 2.43 whereas as Long-Term Debt/Eq ratio is at 2.43.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on September 19, 2024, Upgraded its rating to Overweight and sets its target price to $82 from $70.50 previously.

On February 09, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $75.

On January 30, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $64.Deutsche Bank initiated its Hold rating on January 30, 2024, with a $64 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 17 ’24 when Seavey Paul sold 31,988 shares for $74.83 per share. The transaction valued at 2,393,662 led to the insider holds 0 shares of the business.

NADER MARGUERITE M sold 33,000 shares of ELS for $2,492,160 on Sep 16 ’24. The President and CEO now owns 260,936 shares after completing the transaction at $75.52 per share. On Sep 17 ’24, another insider, Seavey Paul, who serves as the Member of immediate family of of the company, bought 31,988 shares for $75.46 each.

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 12934593536 and an Enterprise Value of 16226580480. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.81, and their Forward P/E ratio for the next fiscal year is 34.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.04 while its Price-to-Book (P/B) ratio in mrq is 8.56. Its current Enterprise Value per Revenue stands at 10.692 whereas that against EBITDA is 23.352.

Stock Price History:

Over the past 52 weeks, ELS has reached a high of $76.60, while it has fallen to a 52-week low of $59.82. The 50-Day Moving Average of the stock is -7.63%, while the 200-Day Moving Average is calculated to be -1.09%.

Shares Statistics:

Over the past 3-months, ELS traded about 1.11M shares per day on average, while over the past 10 days, ELS traded about 1318260 shares per day. A total of 186.43M shares are outstanding, with a floating share count of 178.21M. Insiders hold about 4.45% of the company’s shares, while institutions hold 95.91% stake in the company. Shares short for ELS as of 1726185600 were 3624566 with a Short Ratio of 3.27, compared to 1723680000 on 3097307. Therefore, it implies a Short% of Shares Outstanding of 3624566 and a Short% of Float of 2.6700001.

Dividends & Splits

ELS’s forward annual dividend rate is 1.88, up from 1.85 a year ago. Against a Trailing Annual Dividend Yield of 0.027221896The stock’s 5-year Average Dividend Yield is 2.23.

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