Equity Lifestyle Properties (NYSE:ELS) Updates Q2 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.690-0.750 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of -. Equity Lifestyle Properties also updated its FY 2026 guidance to 3.120-3.220 EPS.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ELS. Deutsche Bank Aktiengesellschaft upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Wednesday, April 15th. UBS Group set a $67.00 target price on Equity Lifestyle Properties and gave the stock a “buy” rating in a report on Thursday, January 8th. Mizuho initiated coverage on shares of Equity Lifestyle Properties in a research note on Tuesday, March 31st. They set an “outperform” rating and a $72.00 target price on the stock. Bank of America upgraded shares of Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $76.00 price objective on the stock in a research report on Tuesday, February 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $75.00 price objective (up from $72.00) on shares of Equity Lifestyle Properties in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.55.

Equity Lifestyle Properties Trading Down 1.6%

ELS stock traded down $1.04 during mid-day trading on Tuesday, reaching $64.97. 1,760,778 shares of the stock traded hands, compared to its average volume of 1,820,404. The stock has a market capitalization of $12.60 billion, a PE ratio of 32.32, a PEG ratio of 3.64 and a beta of 0.76. The business has a 50-day moving average price of $65.83 and a two-hundred day moving average price of $63.39. Equity Lifestyle Properties has a one year low of $58.15 and a one year high of $69.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.04 and a current ratio of 0.04.

Equity Lifestyle Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were issued a $0.5425 dividend. The ex-dividend date was Friday, March 27th. This is a boost from Equity Lifestyle Properties’s previous quarterly dividend of $0.52. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.3%. Equity Lifestyle Properties’s dividend payout ratio (DPR) is currently 107.96%.

Insider Activity at Equity Lifestyle Properties

In other news, Director David J. Contis sold 3,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $67.22, for a total value of $201,660.00. Following the transaction, the director directly owned 14,890 shares in the company, valued at approximately $1,000,905.80. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its holdings in Equity Lifestyle Properties by 303.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,948,613 shares of the real estate investment trust’s stock worth $966,648,000 after acquiring an additional 11,999,874 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Equity Lifestyle Properties by 253.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,147,048 shares of the real estate investment trust’s stock valued at $191,025,000 after buying an additional 2,257,299 shares in the last quarter. Royal London Asset Management Ltd. boosted its position in shares of Equity Lifestyle Properties by 1,520.4% in the 2nd quarter. Royal London Asset Management Ltd. now owns 1,771,803 shares of the real estate investment trust’s stock worth $109,267,000 after purchasing an additional 1,662,458 shares in the last quarter. Morgan Stanley boosted its position in shares of Equity Lifestyle Properties by 106.9% in the 4th quarter. Morgan Stanley now owns 2,506,968 shares of the real estate investment trust’s stock worth $151,947,000 after purchasing an additional 1,295,289 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Equity Lifestyle Properties by 53.6% in the 2nd quarter. Bank of America Corp DE now owns 2,227,360 shares of the real estate investment trust’s stock worth $137,361,000 after purchasing an additional 777,107 shares in the last quarter. Institutional investors own 97.21% of the company’s stock.

About Equity Lifestyle Properties

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.