Equity Lifestyle Properties Inc (NYSE: ELS) is -2.58% lower on its value in year-to-date trading and has touched a low of $59.82 and a high of $76.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ELS stock was last observed hovering at around $70.09 in the last trading session, with the day’s loss setting it -1.37%.
Currently trading at $68.72, the stock is -0.75% and -3.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing -1.95% at the moment leaves the stock 2.92% off its SMA200. ELS registered 3.57% gain for a year compared to 6-month gain of 9.55%. The firm has a 50-day simple moving average (SMA 50) of $70.9584 and a 200-day simple moving average (SMA200) of $66.76425.
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The stock witnessed a 3.93% loss in the last 1 month and extending the period to 3 months gives it a -3.29%, and is -1.97% down 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 2.68% over the week and 2.16% over the month.
Current P/E ratio is 36.63 and Fwd P/E is 34.81. Profit margin for the company is 23.75%. Distance from 52-week low is 14.88% and -10.29% from its 52-week high. The company has generated returns on investments over the last 12 months (7.37%).
The EPS is expected to grow by 13.01% this year
744.0 institutions hold shares in Equity Lifestyle Properties Inc (ELS), with institutional investors hold 100.26% of the company’s shares. The shares outstanding are 186.43M, and float is at 182.54M with Short Float at 2.14%. Institutions hold 95.60% 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 Seavey Paul, the company’s EVP & Chief Financial Officer. SEC filings show that Seavey Paul sold 31,988 shares of the company’s common stock on Sep 17 ’24 at a price of $74.83 per share for a total of $2.39 million. Following the sale, the insider now owns 0.0 shares.
Equity Lifestyle Properties Inc disclosed in a document filed with the SEC on Sep 16 ’24 that NADER MARGUERITE M (President and CEO) sold a total of 33,000 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $75.52 per share for $2.49 million. Following the transaction, the insider now directly holds 0.26 million shares of the ELS stock.
Still, SEC filings show that on Sep 17 ’24, Seavey Paul (Member of immediate family of ) Proposed Sale 31,988 shares at an average price of $75.46 for $2.41 million. The insider now directly holds shares of Equity Lifestyle Properties Inc (ELS).
