Equity Lifestyle Properties (NYSE:ELS) Issues Q4 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.780-0.840 for the period, compared to the consensus estimate of 0.820. Equity Lifestyle Properties also updated its FY 2026 guidance to 3.150-3.210 EPS.

Equity Lifestyle Properties Trading Down 4.5%

Shares of Equity Lifestyle Properties stock traded down $2.79 on Wednesday, hitting $59.18. 4,898,419 shares of the company’s stock traded hands, compared to its average volume of 1,685,623. Equity Lifestyle Properties has a one year low of $57.46 and a one year high of $69.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.02 and a quick ratio of 0.02. The company has a fifty day moving average of $61.53 and a two-hundred day moving average of $63.04. The company has a market capitalization of $11.48 billion, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 3.49 and a beta of 0.63.

Equity Lifestyle Properties (NYSE:ELS) last announced its quarterly earnings data on Wednesday, October 21st. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.34). The company had revenue of $409.90 million for the quarter, compared to analyst estimates of $402.75 million. Equity Lifestyle Properties had a return on equity of 22.31% and a net margin of 25.92%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Equity Lifestyle Properties has set its Q4 2026 guidance at 0.780-0.840 EPS and its FY 2026 guidance at 3.150-3.210 EPS. As a group, sell-side analysts expect that Equity Lifestyle Properties will post 3.20 earnings per share for the current year.

Equity Lifestyle Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 25th were issued a dividend of $0.5425 per share. The ex-dividend date was Friday, September 25th. This represents a $2.17 annualized dividend and a dividend yield of 3.7%. Equity Lifestyle Properties’s dividend payout ratio is currently 104.33%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Evercore set a $68.00 price objective on shares of Equity Lifestyle Properties in a research report on Monday, September 21st. Morgan Stanley reaffirmed a “mixed” rating and set a $59.00 price target (down from $62.50) on shares of Equity Lifestyle Properties in a research note on Wednesday, August 12th. Jefferies Financial Group upgraded Equity Lifestyle Properties to a “strong-buy” rating in a report on Monday, October 12th. UBS Group reduced their price objective on Equity Lifestyle Properties from $76.00 to $67.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. Finally, Royal Bank Of Canada decreased their price objective on Equity Lifestyle Properties from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Equity Lifestyle Properties presently has a consensus rating of “Hold” and a consensus target price of $67.09.

Key Headlines Impacting Equity Lifestyle Properties

Here are the key news stories impacting Equity Lifestyle Properties this week:

• Positive Sentiment: Third-quarter normalized funds from operations (FFO) reached $0.79 per share, matching consensus expectations and increasing from $0.75 a year earlier. Revenue rose 4.2% year over year to $409.9 million, exceeding the $402.75 million analyst estimate. Equity LifeStyle Properties Meets Q3 FFO Estimates
• Positive Sentiment: Management said gains in occupied sites supported continued strong performance and provided preliminary assumptions for 2027 rent growth. The company also established fourth-quarter guidance, giving investors visibility into near-term operating expectations. ELS Reports Third Quarter Results
• Positive Sentiment: Robert W. Baird maintained an “outperform” rating, indicating confidence in the long-term outlook, although its price target was reduced to $71 from $74. Baird Analyst Rating
• Neutral Sentiment: The earnings call featured management and analysts discussing third-quarter results, fourth-quarter expectations and the company’s preliminary 2027 rent-growth outlook. Equity LifeStyle Properties Q3 2026 Earnings Call Transcript
• Negative Sentiment: Reported EPS was $0.45, well below the $0.79 consensus estimate and down from $0.75 a year ago. The gap likely reflects items not captured by FFO and overshadowed the company’s revenue and occupancy gains. Equity LifeStyle Properties Earnings Report
• Negative Sentiment: The lower Baird price target signals that analysts see somewhat less near-term upside, even though the stock retains an outperform rating.

Equity Lifestyle Properties Company Profile

Equity LifeStyle Properties, Inc (NYSE:ELS) is a real estate investment trust that owns, operates and manages manufactured housing communities, recreational vehicle resorts and campgrounds, and marinas. Its properties are designed to provide residential and vacation accommodations, with offerings that range from long-term manufactured home sites to seasonal and transient RV sites and boat storage.

The company serves residents, vacationers and boat owners across the United States. Its portfolio is concentrated in locations with favorable climates, recreational appeal and access to coastal, lakefront or other leisure destinations.