Equity LifeStyle Properties (NYSE:ELS – Get Free Report) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.61-0.67 for the period, compared to the consensus estimate of $0.66. Equity LifeStyle Properties also updated its FY 2024 guidance to 2.840-2.940 EPS.
Equity LifeStyle Properties Trading Down 0.0 %
Shares of Equity LifeStyle Properties stock opened at $62.70 on Tuesday. The stock has a market cap of $11.69 billion, a P/E ratio of 37.32, a P/E/G ratio of 3.73 and a beta of 0.69. The stock’s 50 day simple moving average is $64.83 and its 200-day simple moving average is $67.18. Equity LifeStyle Properties has a 1-year low of $60.47 and a 1-year high of $74.04. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.03 and a quick ratio of 0.03.
Equity LifeStyle Properties Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were issued a $0.477 dividend. The ex-dividend date was Wednesday, March 27th. This is a boost from Equity LifeStyle Properties’s previous quarterly dividend of $0.45. This represents a $1.91 dividend on an annualized basis and a yield of 3.04%. Equity LifeStyle Properties’s dividend payout ratio is currently 113.69%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Equity LifeStyle Properties
Equity LifeStyle Properties Company Profile
We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 29, 2024, we own or have an interest in 451 properties in 35 states and British Columbia consisting of 172,465 sites.
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