Últimas noticias sobre Equity Lifestyle Props (NYSE:ELS) Bolsa

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 Properties, Inc. Common Stock

Equity Lifestyle Properties Inc

SOCIETATEA COMERCIALA DE GDR

Electro-Sensors Inc

Eleison Pharmaceuticals Inc

Elis SA

ELECTRONIC SYS TECHNOLOGY by Electronic Systems Technology, Inc.

Electronic Systems Technology Inc

EQUITY LIFESTYLE PROP REIT ORD

News

Guidance

Equity Lifestyle Properties Sees FY24 Normalized FFO $2.89-$2.95 Vs $2.89 Est; Sees Q4 Normalized FFO $0.73-$0.79

Equity Lifestyle Properties Sees FY24 Adj. EPS $1.89-$1.95 Vs $1.96 Est; Sees Q4 Adj. EPS $0.44-$0.50

Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) reported quarterly earnings of $0.44 per share which met the analyst consensus estimate.

Earnings

Equity Lifestyle Props Q3 2024 Adj. EPS $0.44, Inline

7 analysts have expressed a variety of opinions on Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) 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.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
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. 
<img src="https://www.benzinga.com/files/images/story/2024/1729533634_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
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.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$77.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Peter Abramowitz</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$72.00</td>
<td>-</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$82.00</td>
<td>$70.50</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>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.</li>
<li>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.</li>
<li>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.</li>
</ul>
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.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>About Equity Lifestyle Props</h2>
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.
<h3>Equity Lifestyle Props: A Financial Overview</h3>
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.
<h2>Analyst Ratings: What Are They?</h2>
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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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Cracking The Code: Understanding Analyst Reviews For Equity Lifestyle Props

Evercore ISI Group analyst Steve Sakwa maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a In-Line and raises the price target from $76 to $77.

Price Target

Evercore ISI Group Maintains In-Line on Equity Lifestyle Props, Raises Price Target to $77

Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Equity Lifestyle Props to report an earnings per share (EPS) of $0.72.
Equity Lifestyle Props bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
During the last quarter, the company reported an EPS beat by $0.01, leading to a 2.05% drop in the share price on the subsequent day.
Here's a look at Equity Lifestyle Props's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.65</td>
<td>0.77</td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.66</td>
<td>0.78</td>
<td>0.71</td>
<td>0.71</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>2.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<h3>Performance of Equity Lifestyle Props Shares</h3>
Shares of Equity Lifestyle Props were trading at $70.13 as of October 17. Over the last 52-week period, shares are up 8.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Perspectives on Equity Lifestyle Props</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Equity Lifestyle Props.
The consensus rating for Equity Lifestyle Props is Neutral, derived from 7 analyst ratings. An average one-year price target of $73.29 implies a potential 4.51% upside.
<h3>Comparing Ratings with Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of American Homes 4 Rent, Sun Communities and Invitation Homes, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for American Homes 4 Rent, with an average 1-year price target of $42.22, suggesting a potential 39.8% downside.</li>
<li>As per analysts' assessments, Sun Communities is favoring an Neutral trajectory, with an average 1-year price target of $146.71, suggesting a potential 109.2% upside.</li>
<li>Invitation Homes is maintaining an Neutral status according to analysts, with an average 1-year price target of $38.4, indicating a potential 45.24% downside.</li>
</ul>
<h3>Snapshot: Peer Analysis</h3>
Within the peer analysis summary, vital metrics for American Homes 4 Rent, Sun Communities and Invitation Homes are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Equity Lifestyle Props</td>
<td>Neutral</td>
<td>2.65%</td>
<td>$181.68M</td>
<td>5.42%</td>
</tr>
<tr>
<td>American Homes 4 Rent</td>
<td>Neutral</td>
<td>7.07%</td>
<td>$241.64M</td>
<td>1.31%</td>
</tr>
<tr>
<td>Sun Communities</td>
<td>Neutral</td>
<td>1.09%</td>
<td>$395.90M</td>
<td>0.75%</td>
</tr>
<tr>
<td>Invitation Homes</td>
<td>Neutral</td>
<td>8.84%</td>
<td>$386.63M</td>
<td>0.72%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Equity Lifestyle Props ranks middle for consensus rating among its peers. It is at the bottom for revenue growth. It is at the top for gross profit. It is at the top for return on equity.
<h3>Discovering Equity Lifestyle Props: A Closer Look</h3>
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.
<h3>Equity Lifestyle Props: A Financial Overview</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
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 competitors, the company encountered difficulties, 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 20.88%. This signifies efficient cost management and strong financial health.
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 excels beyond industry benchmarks, reaching 1.39%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.41, caution is advised due to increased financial risk.
<a href="https://www.benzinga.com/quote/ELS/earnings">To track all earnings releases for Equity Lifestyle Props visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: Equity Lifestyle Props's Earnings Preview

Throughout the last three months, 7 analysts have evaluated Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $73.29, with a high estimate of $82.00 and a low estimate of $68.00. This upward trend is apparent, with the current average reflecting a 5.33% increase from the previous average price target of $69.58.
<img src="https://www.benzinga.com/files/images/story/2024/1729184462_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of Equity Lifestyle Props by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Peter Abramowitz</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$72.00</td>
<td>-</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$82.00</td>
<td>$70.50</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$72.00</td>
<td>$69.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Equity Lifestyle Props. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Equity Lifestyle Props compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Equity Lifestyle Props's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Equity Lifestyle Props's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>Get to Know Equity Lifestyle Props Better</h2>
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.
<h3>Equity Lifestyle Props: A Financial Overview</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Equity Lifestyle Props's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 2.65%. This signifies a substantial increase in the company's 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 excels beyond industry benchmarks, reaching 20.88%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.42%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Equity Lifestyle Props's ROA stands out, surpassing industry averages. With an impressive ROA of 1.39%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Equity Lifestyle Props's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.41, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
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.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Equity Lifestyle Props: Insights From 7 Financial Analysts

Jefferies analyst Peter Abramowitz initiates coverage on Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a Hold rating and announces Price Target of $72.

Initiation

Jefferies Initiates Coverage On Equity Lifestyle Props with Hold Rating, Announces Price Target of $72

We are in the process of estimating costs associated with cleanup and restoration efforts. We believe that we have adequate insurance, subject to deductibles, including business interruption coverage. At this time, we do not believe that Hurricane Milton will significantly impact our results of operations or our financial condition on a consolidated basis.

Reported Earlier, Equity LifeStyle Properties Begins Cleanup Following Hurricane Milton, Says No Significant Financial Impact Expected

Equity LifeStyle Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) (referred to herein as the "Company," "we," "us," and "our") reported today its preliminary assessment of the impact of Hurricane Helene on its Florida, North Carolina and South Carolina properties.
No injuries to our residents, guests or employees have been reported. Certain properties were affected by flooding, wind, wind-blown debris, and falling trees and branches. We are in the process of estimating costs associated with cleanup and restoration efforts. We believe that we have adequate insurance, subject to deductibles, including business interruption coverage. At this time, we do not believe that Hurricane Helene will significantly impact our results of operations or our financial condition on a consolidated basis

Reported Earlier, Equity LifeStyle Properties Reports Minimal Impact from Hurricane Helene, Cleanup Underway

Paul Seavey, EVP &amp; Chief Financial Officer at Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), disclosed an insider sell on September 19, according to a recent SEC filing.
What Happened: After conducting a thorough analysis, Seavey sold 31,988 shares of Equity Lifestyle Props. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000895417/000154728524000006//Archives/edgar/data/895417/000154728524000006/0001547285-24-000006-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total transaction value is $2,393,662.
During Friday's morning session, Equity Lifestyle Props shares down by 0.0%, currently priced at $73.57.
<h3>Get to Know Equity Lifestyle Props Better</h3>
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 451 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.
<h3>Breaking Down Equity Lifestyle Props's Financial Performance</h3>
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.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 48.45%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Equity Lifestyle Props's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 0.42.
</li>
</ul>
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.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 38.32 is lower than the industry average, implying a discounted valuation for Equity Lifestyle Props's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 10.05 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 24.28, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>The Importance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000895417">Check Out The Full List Of Equity Lifestyle Props's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Insider Unloading: Paul Seavey Sells $2.39M Worth Of Equity Lifestyle Props Shares

Wells Fargo analyst James Feldman upgrades Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) from Equal-Weight to Overweight and raises the price target from $70.5 to $82.

Upgrades

Wells Fargo Upgrades Equity Lifestyle Props to Overweight, Raises Price Target to $82

Marguerite Nader, President and CEO at Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), reported an insider sell on September 17, according to a new SEC filing. 
What Happened: Nader's recent move involves selling 33,000 shares of Equity Lifestyle Props. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000895417/000135668124000006//Archives/edgar/data/895417/000135668124000006/0001356681-24-000006-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value is $2,492,160.
Equity Lifestyle Props's shares are actively trading at $74.23, experiencing a down of 0.3% during Wednesday's morning session.
<h3>Delving into Equity Lifestyle Props's Background</h3>
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 451 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.
<h3>Equity Lifestyle Props: Financial Performance Dissected</h3>
Revenue Growth: Equity Lifestyle Props's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 2.65%. This indicates a substantial increase 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.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 48.45%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Equity Lifestyle Props's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 0.42.
</li>
</ul>
Debt Management: Equity Lifestyle Props's debt-to-equity ratio stands notably higher than the industry average, reaching 2.41. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: Equity Lifestyle Props's P/E ratio of 38.78 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 10.17, Equity Lifestyle Props's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 24.51 reflects market recognition of Equity Lifestyle Props's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Unlocking the Meaning of Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000895417">Check Out The Full List Of Equity Lifestyle Props's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: Marguerite Nader Sells $2.49M Worth Of Equity Lifestyle Props Shares

Throughout the last three months, 5 analysts have evaluated Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $71.8, with a high estimate of $76.00 and a low estimate of $68.00. Marking an increase of 3.46%, the current average surpasses the previous average price target of $69.40. 
<img src="https://www.benzinga.com/files/images/story/2024/1726502410_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
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.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$72.00</td>
<td>$69.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>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.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Equity Lifestyle Props compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Equity Lifestyle Props's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
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.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>Unveiling the Story Behind Equity Lifestyle Props</h2>
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 451 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.
<h3>Unraveling the Financial Story of Equity Lifestyle Props</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Equity Lifestyle Props's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 2.65%. This signifies a substantial increase 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 20.88%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Equity Lifestyle Props's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.42%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.39%, 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 2.41, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Unveiling 5 Analyst Insights On Equity Lifestyle Props

Evercore ISI Group analyst Steve Sakwa maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a In-Line and raises the price target from $73 to $76.

Evercore ISI Group Maintains In-Line on Equity Lifestyle Props, Raises Price Target to $76

Shares of Essex Property Trust, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ess#NYSE">ESS</a>) have rallied 23.1% in the past six months, outperforming the industry&#39;s growth of 16.2%.
This residential REIT, which has a robust property base in the West Coast market, is poised to benefit from the healthy demand for its residential units. It is also banking on technology, scale and organizational capabilities to drive growth.
Analysts also seem bullish on this Zacks Rank #2 (Buy) stock. The Zacks Consensus Estimate for the company&#39;s 2024 FFO per share has been revised two cents upward over the past week to $15.53.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a6/76414.jpg?v=2100882721" />
Image Source: Zacks Investment Research
Let us now decipher the factors behind the surge in the stock price.
This residential REIT&#39;s substantial exposure to the West Coast market has offered ample scope to enhance its top line. The West Coast is home to several innovation and technology companies that drive job creation and income growth. The West Coast region has higher median household incomes, an increased percentage of renters than owners and favorable demographics.
With layoffs in the tech industry slowing and return to office gaining momentum, the West Coast markets are likely to see an increase in renter demand in the near term. Also, due to the high cost of homeownership amid high interest rates, the transition from renter to homeowner is difficult in its markets, making renting apartment units a more flexible and viable option.
Essex Property is also banking on its technology, scale and organizational capabilities to drive margin expansion across its portfolio and bring about operational efficiency by lowering costs. It is making good progress on the technology front, and leasing agents are becoming more productive by leveraging these tools. These efforts are likely to have an incremental effect on the top-line and bottom-line growth, positioning Essex Property to ride the growth curve.
<h2>ESS&#39; Balance Sheet Position</h2>
Essex Property maintains a healthy balance sheet and enjoys financial flexibility. As of July 26, 2024, the company had $1.1 billion of liquidity through an undrawn capacity on its unsecured credit facilities, cash, cash equivalents and marketable securities.
In the second quarter of 2024, its net debt-to-adjusted EBITDAre remained unchanged at 5.4X from the prior quarter. Over the years, it has made efforts to increase its unencumbered net operating income (NOI) to an adjusted total NOI, which stood at 93% at the end of the second quarter of 2024. With a high percentage of such assets, the company can access secured and unsecured debt markets and maintain availability on the line. With a solid liquidity position, the company is well-poised to ride its growth curve.
In addition, its trailing 12-month return on equity is 9.14% compared with the industry&#39;s average of 3.17%. This reflects that the company is more efficient in using shareholders&#39; funds than its peers.
<h2>ESS&#39; Dividend Payouts</h2>
Solid dividend payouts are arguably the biggest attraction for REIT investors, and Essex Property has been steadily raising its payout. ESS has increased its dividend five times in the last five years, and its five-year annualized dividend growth rate is 4.34%. With a low dividend payout ratio, a solid operating platform and decent balance sheet strength, the dividend payment is expected to be sustainable over the long run.
<h2>Negatives Likely to Affect ESS Stock</h2>
However, the elevated supply of apartment units in some of the company&#39;s markets is likely to fuel competition and curb pricing power. A flexible working environment and high interest rates add to its woes.
<h2>Other Stocks to Consider</h2>
Some other top-ranked stocks from the retail REIT sector are Modiv Industrial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdv#NYSE">MDV</a>) and Equity Lifestyle Properties (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/els#NYSE">ELS</a>). While Modiv Industrial sports a Zacks Rank #1 (Strong Buy) at present, Equity Lifestyle carries a Zacks Rank #2.
The Zacks Consensus Estimate for MDV&#39;s current-year FFO per share has been raised 6.5% over the past month to $1.32.
The Zacks Consensus Estimate for ELS 2024 FFO per share has moved marginally northward over the past two months to $2.91.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) &mdash; a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2330980/essex-property-rises-23-1-in-6-months-will-the-trend-last?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2330980">To read this article on Zacks.com click here.</a>

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Essex Property Rises 23.1% in 6 Months: Will the Trend Last?

4 analysts have shared their evaluations of Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $70.75, a high estimate of $73.00, and a low estimate of $68.00. Marking an increase of 3.28%, the current average surpasses the previous average price target of $68.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1724868057_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The perception of Equity Lifestyle Props by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$72.00</td>
<td>$69.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Equity Lifestyle Props. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Equity Lifestyle Props compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Equity Lifestyle Props's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into Equity Lifestyle Props's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ELS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Lifestyle Props analyst ratings.</a>
<h2>All You Need to Know About Equity Lifestyle Props</h2>
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 451 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.
<h3>Equity Lifestyle Props's Economic Impact: An Analysis</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Over the 3 months period, Equity Lifestyle Props showcased positive performance, achieving a revenue growth rate of 2.65% as of 30 June, 2024. This reflects a substantial increase 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 20.88%, the company showcases strong profitability and effective cost control.
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 financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.39%, the company showcases efficient use of assets and strong financial health.
Debt Management: Equity Lifestyle Props's debt-to-equity ratio stands notably higher than the industry average, reaching 2.41. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a 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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Critical Insights From Equity Lifestyle Props Analyst Ratings: What You Need To Know

Evercore ISI Group analyst Steve Sakwa maintains Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) with a In-Line and raises the price target from $72 to $73.

Evercore ISI Group Maintains In-Line on Equity Lifestyle Props, Raises Price Target to $73

Patrick Waite, EVP &amp; Chief Operating Officer at Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>), executed a substantial insider sell on August 20, according to an SEC filing.
What Happened: Waite's recent move involves selling 20,820 shares of Equity Lifestyle Props. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000895417/000156858624000012//Archives/edgar/data/895417/000156858624000012/0001568586-24-000012-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value is $1,462,092.
Monitoring the market, Equity Lifestyle Props's shares up by 0.04% at $70.83 during Wednesday's morning.
<h3>Get to Know Equity Lifestyle Props Better</h3>
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 451 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.
<h3>Equity Lifestyle Props: A Financial Overview</h3>
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 competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 48.45%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Equity Lifestyle Props's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 0.42.
</li>
</ul>
Debt Management: Equity Lifestyle Props's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.41, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: Equity Lifestyle Props's P/E ratio of 36.88 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 9.67, Equity Lifestyle Props's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 23.55, Equity Lifestyle Props demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Exploring Key Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000895417">Check Out The Full List Of Equity Lifestyle Props's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Equity Lifestyle Props EVP & Chief Operating Officer Sold $1.46M In Company Stock

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EQUITY LIFESTYLE PROPERTIES, INC. ANNOUNCEMENT: If You Have Suffered Losses in Equity LifeStyle Properties, Inc. (NYSE: ELS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

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