Equity Lifestyle Properties Inc. (NYSE: ELS) is 1.13% higher on its value in year-to-date trading and has touched a low of $59.82 and a high of $74.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ELS stock was last observed hovering at around $70.39 in the last trading session, with the day’s gains setting it 0.95%.
Currently trading at $71.34, the stock is 0.80% and 5.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.7 million and changing 1.35% at the moment leaves the stock 7.18% off its SMA200. ELS registered 6.88% gain for a year compared to 6-month gain of 8.12%.
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The stock witnessed a 4.07% loss in the last 1 month and extending the period to 3 months gives it a 16.47%, and is 0.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.48% over the week and 1.86% over the month.
Current P/E ratio is 38.64 and Fwd P/E is 37.97. Profit margin for the company is 23.29%. Distance from 52-week low is 19.26% and -3.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.23%).
Equity Lifestyle Properties Inc. quarterly earnings per share for the current quarter are estimated at 0.44 with sales reaching $376.03M over the same period.The EPS is expected to grow by 8.62% this year, but quarterly earnings will post -1.10% year-over-year. Quarterly sales are estimated to shrink -3.00% in year-over-year returns.
731.0 institutions hold shares in Equity Lifestyle Properties Inc. (ELS), with institutional investors hold 102.16% of the company’s shares. The shares outstanding are 186.43M, and float is at 178.14M with Short Float at 1.74%. Institutions hold 97.29% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.92 million shares valued at $1.62 billion. The investor’s holdings represent 13.3756 of the ELS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.13 million shares valued at $1.57 billion to account for 12.9505 of the shares outstanding. The other top investors are ARISTOTLE CAPITAL MANAGEMENT, LLC which holds 10.69 million shares representing 5.7394 and valued at over $696.36 million, while STATE STREET CORP holds 5.349 of the shares totaling 9.96 million with a market value of $653.64 million.
Equity Lifestyle Properties Inc. (ELS) Insider Activity
The most recent transaction is an insider sale by Waite Patrick, the company’s EVP & Chief Operating Officer. SEC filings show that Waite Patrick sold 20,820 shares of the company’s common stock on Aug 16 ’24 at a price of $70.23 per share for a total of $1.46 million. Following the sale, the insider now owns 0.22 million shares.
