7 analysts have expressed a variety of opinions on Equity Lifestyle Props ELS over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts have recently evaluated Equity Lifestyle Props and provided 12-month price targets. The average target is $74.0, accompanied by a high estimate of $82.00 and a low estimate of $68.00. Marking an increase of 4.59%, the current average surpasses the previous average price target of $70.75.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Equity Lifestyle Props among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $77.00 | $76.00 |
| Peter Abramowitz | Jefferies | Announces | Hold | $72.00 | - |
| James Feldman | Wells Fargo | Raises | Overweight | $82.00 | $70.50 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $76.00 | $73.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $73.00 | $72.00 |
| Anthony Hau | Truist Securities | Raises | Hold | $70.00 | $65.00 |
| Brad Heffern | RBC Capital | Maintains | Sector Perform | $68.00 | $68.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Equity Lifestyle Props. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Equity Lifestyle Props compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Equity Lifestyle Props's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Equity Lifestyle Props's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Equity Lifestyle Props analyst ratings.
About Equity Lifestyle Props
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
Equity Lifestyle Props: A Financial Overview
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Positive Revenue Trend: Examining Equity Lifestyle Props's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.65% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Equity Lifestyle Props's net margin is impressive, surpassing industry averages. With a net margin of 20.88%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Equity Lifestyle Props's ROE stands out, surpassing industry averages. With an impressive ROE of 5.42%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Equity Lifestyle Props's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.39% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a high debt-to-equity ratio of 2.41, Equity Lifestyle Props faces challenges in effectively managing its debt levels, indicating potential financial strain.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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