Equity Lifestyle Properties (NYSE:ELS) Updates Q2 2026 Earnings Guidance
by Renee Jackson · The Cerbat GemEquity Lifestyle Properties (NYSE:ELS – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. 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.
Equity Lifestyle Properties Trading Down 0.4%
Shares of ELS opened at $64.74 on Wednesday. Equity Lifestyle Properties has a 1-year low of $58.15 and a 1-year high of $69.00. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average price is $65.80 and its 200-day moving average price is $63.41. The firm has a market capitalization of $12.56 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 3.87 and a beta of 0.76.
Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.28). Equity Lifestyle Properties had a return on equity of 21.26% and a net margin of 25.24%.The company had revenue of $397.62 million during the quarter, compared to the consensus estimate of $395.71 million. During the same period in the previous year, the company earned $0.57 earnings per share. Equity Lifestyle Properties’s quarterly revenue was up 2.7% on a year-over-year basis. Sell-side analysts anticipate that Equity Lifestyle Properties will post 3.18 EPS for the current year.
Equity Lifestyle Properties Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were given a $0.5425 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $2.17 annualized dividend and a dividend yield of 3.4%. This is an increase from Equity Lifestyle Properties’s previous quarterly dividend of $0.52. Equity Lifestyle Properties’s dividend payout ratio is currently 107.96%.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and issued a $70.00 target price on shares of Equity Lifestyle Properties in a research note on Friday, January 30th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $70.00 price target (up from $68.00) on shares of Equity Lifestyle Properties in a research note on Friday, February 27th. UBS Group set a $67.00 price objective on Equity Lifestyle Properties and gave the stock a “buy” rating in a report on Thursday, January 8th. Barclays reissued an “overweight” rating and set a $71.00 price objective (up from $68.00) on shares of Equity Lifestyle Properties in a research report on Thursday, February 5th. Finally, Zacks Research upgraded shares of Equity Lifestyle Properties from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.55.
Check Out Our Latest Report on ELS
Insider Activity
In other news, Director David J. Contis sold 3,000 shares of Equity Lifestyle Properties stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $67.22, for a total transaction of $201,660.00. Following the completion of the transaction, the director directly owned 14,890 shares in the company, valued at approximately $1,000,905.80. This trade represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.80% of the company’s stock.
Trending Headlines about Equity Lifestyle Properties
Here are the key news stories impacting Equity Lifestyle Properties this week:
- Positive Sentiment: Management raised forward earnings guidance sharply: FY 2026 EPS guidance of $3.12–$3.22 (well above consensus) and Q2 EPS guidance of $0.69–$0.75 (above consensus), signaling confidence in underlying operations and providing upside to future earnings expectations. ELS Reports First Quarter Results
- Neutral Sentiment: Q1 FFO of $0.84 per share matched street estimates and was modestly up year-over-year; revenue of $397.6M slightly beat consensus, suggesting steady core performance but no surprise beat to drive a stronger rally. Equity Lifestyle Properties (ELS) Matches Q1 FFO Estimates
- Neutral Sentiment: Press coverage and snapshots reiterate the quarter details and reinforce that the result was largely in line with expectations, keeping near-term stock moves driven by guidance and macro/sector sentiment. Equity Lifestyle Properties: Q1 Earnings Snapshot
- Negative Sentiment: Analyst commentary (Seeking Alpha) flags limited upside due to seasonal weakness in RV/marina businesses and a premium valuation; while insurance costs eased (~18% reduction), discretionary and seasonal line weakness could pressure near-term results and sentiment. Equity LifeStyle Properties: Fairly Valued Given Seasonal Pressures
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in ELS. Wiser Advisor Group LLC bought a new stake in Equity Lifestyle Properties in the third quarter worth $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Equity Lifestyle Properties by 943.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 501 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 453 shares in the last quarter. Fulcrum Asset Management LLP purchased a new position in shares of Equity Lifestyle Properties in the 3rd quarter worth about $34,000. Global Retirement Partners LLC raised its position in shares of Equity Lifestyle Properties by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 779 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 557 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Equity Lifestyle Properties in the 4th quarter worth about $54,000. Hedge funds and other 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.