Equity Lifestyle Properties Inc (NYSE: ELS) is -4.79% lower on its value in year-to-date trading and has touched a low of $58.86 and a high of $76.54 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 $62.78 in the last trading session, with the day’s gains setting it 0.63%.
Currently trading at $63.41, the stock is -2.37% and -4.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing 1.00% at the moment leaves the stock -7.47% off its SMA200. ELS registered 1.25% gain for a year compared to 6-month loss of -6.74%. The firm has a 50-day simple moving average (SMA 50) of $66.4556 and a 200-day simple moving average (SMA200) of $68.55395.
The stock witnessed a -5.15% gain in the last 1 month and extending the period to 3 months gives it a -4.66%, and is -2.33% 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 2.69% over the week and 3.33% over the month.
Current P/E ratio is 33.92 and Fwd P/E is 29.81. Profit margin for the company is 23.81%. Distance from 52-week low is 7.73% and -17.15% from its 52-week high. The company has generated returns on investments over the last 12 months (7.56%).
with sales reaching $384.87M over the same period.The EPS is expected to grow by 1.07% this year, but quarterly earnings will post 2.18% year-over-year. Quarterly sales are estimated to grow 1.28% in year-over-year returns.
759.0 institutions hold shares in Equity Lifestyle Properties Inc (ELS), with institutional investors hold 104.28% of the company’s shares. The shares outstanding are 191.14M, and float is at 185.82M with Short Float at 1.69%. Institutions hold 102.91% 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 13.3734 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 12.9483 of the shares outstanding. The other top investors are ARISTOTLE CAPITAL MANAGEMENT, LLC which holds 10.69 million shares representing 5.7385 and valued at over $696.36 million, while STATE STREET CORP holds 5.3481 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).
