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In the latest session, Equity Lifestyle Properties Inc. (NYSE: ELS) closed at $60.71 up 0.30% from its previous closing price of $60.53. In other words, the price has increased by $0.30 from its previous closing price. On the day, 1.52 million shares were traded. ELS stock price reached its highest trading level at $61.43 during the session, while it also had its lowest trading level at $60.49.
Ratios:
For a deeper understanding of Equity Lifestyle Properties Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 239.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.86. In the meantime, Its Debt-to-Equity ratio is 2.40 whereas as Long-Term Debt/Eq ratio is at 2.40.
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 11839542272 and an Enterprise Value of 14824208384. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.61, and their Forward P/E ratio for the next fiscal year is 32.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.45 while its Price-to-Book (P/B) ratio in mrq is 7.81. Its current Enterprise Value per Revenue stands at 9.83 whereas that against EBITDA is 21.738.
Stock Price History:
The Beta on a monthly basis for ELS is 0.71, which has changed by -0.09698051 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -5.81%, while the 200-Day Moving Average is calculated to be -9.47%.
Shares Statistics:
For the past three months, ELS has traded an average of 1.32M shares per day and 1390000 over the past ten days. A total of 186.43M shares are outstanding, with a floating share count of 178.14M. Insiders hold about 4.48% of the company’s shares, while institutions hold 98.96% stake in the company. Shares short for ELS as of 1713139200 were 3518734 with a Short Ratio of 2.66, compared to 1710460800 on 3472073. Therefore, it implies a Short% of Shares Outstanding of 3518734 and a Short% of Float of 2.5999999.
Dividends & Splits
According to the company, the forward annual dividend rate for ELS is 1.82, from 1.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030067736The stock’s 5-year Average Dividend Yield is 2.13. The current Payout Ratio is 106.11% for ELS, which recently paid a dividend on 2024-03-27 with an ex-dividend date of 1711497600. Stock splits for the company last occurred on 2019-10-16 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 7.0 analysts. On average, analysts expect EPS of $0.37 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.34, while EPS last year was $0.34. The consensus estimate for the next quarter is $0.43, with high estimates of $0.45 and low estimates of $0.41.
Analysts are recommending an EPS of between $1.87 and $1.67 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $1.85, with 7.0 analysts recommending between $1.99 and $1.74.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $386.15M this quarter.It ranges from a high estimate of $415.04M to a low estimate of $364M. As of the current estimate, Equity Lifestyle Properties Inc.’s year-ago sales were $370MFor the next quarter, 6 analysts are estimating revenue of $405.19M. There is a high estimate of $425.33M for the next quarter, whereas the lowest estimate is $387M.
A total of 8 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 $1.55B. In the same quarter a year ago, actual revenue was $1.49BBased on 7 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.57B.
