Throughout the last three months, 4 analysts have evaluated Equity Lifestyle Props (NYSE:ELS), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $69.25, a high estimate of $72.00, and a low estimate of $65.00. A decline of 3.48% from the prior average price target is evident in the current average.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of Equity Lifestyle Props's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brad Heffern | RBC Capital | Maintains | Sector Perform | $68.00 | $68.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $72.00 | $69.00 |
| Anthony Hau | Truist Securities | Lowers | Hold | $65.00 | $72.00 |
| Anthony Powell | Barclays | Lowers | Overweight | $72.00 | $78.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Equity Lifestyle Props. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Equity Lifestyle Props compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Equity Lifestyle Props's stock. This analysis reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Equity Lifestyle Props's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Equity Lifestyle Props analyst ratings.
About Equity Lifestyle Props
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.
Equity Lifestyle Props: A Financial Overview
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Equity Lifestyle Props showcased positive performance, achieving a revenue growth rate of 5.39% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Equity Lifestyle Props's net margin excels beyond industry benchmarks, reaching 29.96%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 7.64%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Equity Lifestyle Props's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.95%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 2.4, Equity Lifestyle Props faces challenges in effectively managing its debt levels, indicating potential financial strain.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.