Somewhat Favorable News Coverage Somewhat Likely to Impact Equity Lifestyle Properties (ELS) Stock Price
Media coverage about Equity Lifestyle Properties (NYSE:ELS) has trended somewhat positive this week, AlphaOne reports. The research firm, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Equity Lifestyle Properties earned a daily sentiment score of 0.09 on AlphaOne’s scale. AlphaOne also assigned media stories about the real estate investment trust an impact score of 62 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted AlphaOne’s analysis:
- Edited Transcript of ELS earnings conference call or presentation 18-Apr-17 3:00pm GMT (finance.yahoo.com)
- ELS : Summary for Equity Lifestyle Properties, In – Yahoo Finance (finance.yahoo.com)
- BRIEF-Equity LifeStyle Properties Q1 normalized FFO for Common Stock and OP Unit holders $1.00 (reuters.com)
- Is Equity LifeStyle Properties Inc’s (ELS) ROE Of 18% Sustainable? (simplywall.st)
- Equity Lifestyle Properties, Inc. (ELS) Rating Reiterated by Evercore ISI (americanbankingnews.com)
Several equities research analysts recently issued reports on the stock. TheStreet raised shares of Equity Lifestyle Properties from a “c+” rating to a “b” rating in a research report on Monday. Evercore ISI lifted their price target on shares of Equity Lifestyle Properties from $74.00 to $77.00 and gave the company an “underperform” rating in a research report on Tuesday. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a research report on Wednesday, January 25th. Finally, Cantor Fitzgerald lifted their price target on shares of Equity Lifestyle Properties from $73.00 to $73.50 and gave the company a “neutral” rating in a research report on Friday, January 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $78.25.
Shares of Equity Lifestyle Properties (NYSE:ELS) traded up 0.10% on Friday, reaching $81.49. 211,269 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is $78.43 and its 200-day moving average price is $74.16. The company has a market capitalization of $7.07 billion, a P/E ratio of 42.40 and a beta of 0.33. Equity Lifestyle Properties has a 12 month low of $65.87 and a 12 month high of $83.19.
Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings data on Monday, April 17th. The real estate investment trust reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. Equity Lifestyle Properties had a return on equity of 20.43% and a net margin of 21.50%. The company earned $232.40 million during the quarter, compared to analysts’ expectations of $218.28 million. During the same period in the prior year, the business earned $0.92 earnings per share. Equity Lifestyle Properties’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, equities analysts anticipate that Equity Lifestyle Properties will post $2.12 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 31st were given a $0.4875 dividend. This represents a $1.95 annualized dividend and a dividend yield of 2.39%. This is a boost from Equity Lifestyle Properties’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, March 29th. Equity Lifestyle Properties’s dividend payout ratio is currently 88.08%.
Equity Lifestyle Properties Company Profile
Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.
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