The Analyst Verdict: Equity Lifestyle Props In The Eyes Of 7 Experts

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In the latest quarter, 7 analysts provided ratings for Equity Lifestyle Props ELS, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 5 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 1 0 0
3M Ago 0 1 4 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $74.29, along with a high estimate of $80.00 and a low estimate of $71.00. This current average reflects an increase of 2.23% from the previous average price target of $72.67.

price target chart

Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Equity Lifestyle Props. The following summary 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
Peter Abramowitz Jefferies Raises Buy $80.00 $72.00
Anthony Hau Truist Securities Raises Hold $71.00 $70.00
Merrill Ross Compass Point Raises Neutral $72.00 $70.00
Steve Sakwa Evercore ISI Group Lowers In-Line $76.00 $77.00
Wesley Golladay Baird Raises Outperform $72.00 $71.00
Steve Sakwa Evercore ISI Group Raises In-Line $77.00 $76.00
Peter Abramowitz Jefferies Announces Hold $72.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Equity Lifestyle Props. This insight gives a snapshot of analysts' perspectives on 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 navigate through adjustments in price targets, providing estimates for Equity Lifestyle Props's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Equity Lifestyle Props's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Equity Lifestyle Props analyst ratings.

All You Need to Know 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.

Unraveling the Financial Story of Equity Lifestyle Props

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Decline in Revenue: Over the 3 months period, Equity Lifestyle Props faced challenges, resulting in a decline of approximately -0.64% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.

Net Margin: Equity Lifestyle Props's net margin excels beyond industry benchmarks, reaching 22.62%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Equity Lifestyle Props's ROE excels beyond industry benchmarks, reaching 5.78%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.47%, the company showcases effective utilization of assets.

Debt Management: Equity Lifestyle Props's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.44, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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