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Equity Lifestyle Properties Inc ELS

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Stock XNYS Rating as of
$61.34 −0.36 (0.58%)
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As of Delayed Price Closed
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Company Report

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Growth Remains Strong Across Equity Lifestyle's Portfolio of Destination Properties

Kevin Brown

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 451 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company’s properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company’s properties either being age-restricted or having an average resident age over 55.

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Price vs Fair Value

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ELS is trading at a 166% premium.
Price
$61.34
Fair Value
$88.00
Uncertainty
Medium
1-Star Price
$621.38
5-Star Price
$96.50
Economic Moat
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Capital Allocation
Hhzxjlg

Bulls Say, Bears Say

Bulls

Aging population supports rent and NOI growth at a spread above inflation.

Bears

Demand for the sector has already peaked and will flatten out as the target demographic turns 80, which will cause many to sell their residences as they instead move to senior housing facilities.

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News

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Trading Information

Previous Close Price
$61.70
Day Range
$61.07–62.01
52-Week Range
$59.82–74.04
Bid/Ask
$60.96 / $61.77
Market Cap
$11.44 Bil
Volume/Avg
1.0 Mil / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
34.27
Price/Sales
8.53
Dividend Yield (Trailing)
2.97%
Dividend Yield (Forward)
3.11%
Total Yield
2.97%

Company Profile

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 451 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company’s properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company’s properties either being age-restricted or having an average resident age over 55.
Sector
Real Estate
Industry
REIT - Residential
Stock Style Box
Mid Core
Total Number of Employees
4,000
Website
https://www.equitylifestyleproperties.com

Competitors

Valuation

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Metric
ELS
SUI
Price/Earnings (Normalized)
 34.2766.34
Price/Book Value
 7.902.05
Price/Sales
 8.534.40
Price/Cash Flow
 20.4016.83
Price/Earnings
ELS
SUI

Financial Strength

Metric
ELS
SUI
Quick Ratio
 0.100.18
Current Ratio
 0.150.26
Interest Coverage
 3.520.20
Quick Ratio
ELS
SUI

Profitability

Metric
ELS
SUI
Return on Assets (Normalized)
 6.44%1.16%
Return on Equity (Normalized)
 25.09%2.71%
Return on Invested Capital (Normalized)
 9.22%3.22%
Return on Assets
ELS
SUI
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Economic Moat
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AvalonBay Communities Inc
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—Fggj$16.0 Bil
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