Equity Lifestyle Properties Inc (NYSE: ELS) is -6.18% 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 $66.66 in the last trading session, with the day’s loss setting it -0.48%.
Currently trading at $66.18, the stock is -4.87% and -5.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -0.72% at the moment leaves the stock -1.62% off its SMA200. ELS registered -8.01% loss for a year compared to 6-month gain of 2.86%. The firm has a 50-day simple moving average (SMA 50) of $69.7948 and a 200-day simple moving average (SMA200) of $67.2669.
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The stock witnessed a -6.59% loss in the last 1 month and extending the period to 3 months gives it a -7.84%, and is -3.22% 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 2.30% over the week and 1.71% over the month.
Current P/E ratio is 35.28 and Fwd P/E is 33.28. Profit margin for the company is 23.75%. Distance from 52-week low is 10.63% and -13.60% from its 52-week high. The company has generated returns on investments over the last 12 months (7.37%).
with sales reaching $375.04M over the same period.The EPS is expected to grow by 12.51% this year, but quarterly earnings will post 1.83% year-over-year. Quarterly sales are estimated to grow 3.99% in year-over-year returns.
753.0 institutions hold shares in Equity Lifestyle Properties Inc (ELS), with institutional investors hold 104.55% of the company’s shares. The shares outstanding are 186.51M, and float is at 185.75M with Short Float at 2.41%. Institutions hold 99.68% 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
Equity Lifestyle Properties Inc disclosed in a document filed with the SEC on Sep 17 ’24 that Seavey Paul (EVP & Chief Financial Officer) sold a total of 31,988 shares of the company’s common stock. The trade occurred on Sep 17 ’24 and was made at $74.83 per share for $2.39 million. Following the transaction, the insider now directly holds 0.0 shares of the ELS stock.
Still, SEC filings show that on Sep 16 ’24, NADER MARGUERITE M (President and CEO) disposed off 33,000 shares at an average price of $75.52 for $2.49 million. The insider now directly holds 260,936 shares of Equity Lifestyle Properties Inc (ELS).
