Equity LifeStyle Properties (ELS) Stock Forecast, Price Target & Predictions
ELS Stock Forecast
Equity LifeStyle Properties stock forecast is as follows: an average price target of $73.29 (represents a 3.71% upside from ELS’s last price of $70.67) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ELS Price Target
The average price target for Equity LifeStyle Properties (ELS) is $73.29 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $82.00 to $70.00. This represents a potential 3.71% upside from ELS's last price of $70.67.
ELS Analyst Ratings
According to 7 Wall Street analysts, Equity LifeStyle Properties's rating consensus is 'Buy'. The analyst rating breakdown for ELS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Equity LifeStyle Properties Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Wesley Golladay | Robert W. Baird | $72.00 | $68.02 | 5.85% | 1.88% |
| Oct 17, 2024 | Peter Abramowitz | Jefferies | $72.00 | $70.01 | 2.84% | 1.88% |
| Oct 01, 2024 | Brad Heffern | RBC Capital | $72.00 | $71.34 | 0.93% | 1.88% |
| Sep 19, 2024 | James Feldman | Wells Fargo | $82.00 | $73.49 | 11.58% | 16.03% |
| Aug 28, 2024 | Steve Sakwa | Evercore ISI | $73.00 | $70.39 | 3.71% | 3.30% |
| Jul 30, 2024 | Anthony Hau | Truist Financial | $70.00 | $68.55 | 2.12% | -0.95% |
| Apr 26, 2024 | Anthony Powell | Barclays | $72.00 | $60.75 | 18.52% | 1.88% |
| Apr 23, 2024 | Steve Sakwa | Evercore ISI | $69.00 | $62.70 | 10.05% | -2.36% |
| Oct 07, 2022 | Anthony Powell | Barclays | $75.00 | $62.31 | 20.37% | 6.13% |
The latest Equity LifeStyle Properties stock forecast, released on Oct 22, 2024 by Wesley Golladay from Robert W. Baird, set a price target of $72.00, which represents a 5.85% increase from the stock price at the time of the forecast ($68.02), and a 1.88% increase from ELS last price ($70.67).
Equity LifeStyle Properties Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 5 | 8 |
| Avg Price Target | $72.00 | $74.20 | $72.75 |
| Last Closing Price | $70.67 | $70.67 | $70.67 |
| Upside/Downside | 1.88% | 5.00% | 2.94% |
In the current month, the average price target of Equity LifeStyle Properties stock is $72.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.88% increase as opposed to Equity LifeStyle Properties's last price of $70.67. This month's average price target is down -2.96% compared to last quarter, and down -1.03% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Oct 17, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Oct 17, 2024 | Jefferies | - | Hold | Initialise |
| Oct 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 19, 2024 | Wells Fargo | - | Overweight | Upgrade |
| Sep 16, 2024 | Evercore ISI | Positive | Positive | Hold |
| Aug 28, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 28, 2024 | Evercore Partners | Underperform | Underperform | Hold |
| Jul 24, 2024 | Evercore ISI | Underperform | Underperform | Hold |
| Jul 24, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Equity LifeStyle Properties's last stock rating was published by Wells Fargo on Oct 17, 2024. The company gave ELS a "Sector Perform" rating, the same as its previous rate.
Equity LifeStyle Properties Financial Forecast
Equity LifeStyle Properties Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $360.64M | $384.20M | $365.28M | $365.77M | $336.89M | $376.70M | $360.97M | $356.53M | $322.47M | $329.85M | $314.46M | $293.34M | $269.21M | $281.76M | $251.28M | $266.97M | $245.02M | $251.04M |
| Avg Forecast | $360.72M | $375.13M | $359.35M | $372.23M | $349.88M | $361.31M | $345.21M | $358.25M | $310.66M | $315.78M | $334.53M | $340.45M | $324.23M | $337.75M | $325.08M | $317.88M | $298.16M | $314.89M | $290.79M | $288.48M | $263.29M | $274.90M | $258.68M | $274.76M | $257.04M | $261.48M | $238.12M | $260.31M | $246.25M | $250.31M |
| High Forecast | $364.95M | $379.53M | $363.56M | $376.60M | $353.99M | $365.55M | $349.26M | $362.45M | $313.97M | $324.46M | $334.53M | $344.44M | $328.03M | $341.70M | $328.89M | $321.60M | $301.66M | $314.89M | $290.79M | $288.48M | $263.29M | $274.90M | $258.68M | $274.76M | $257.04M | $261.48M | $238.12M | $260.31M | $246.25M | $250.31M |
| Low Forecast | $352.77M | $366.86M | $351.43M | $364.03M | $342.17M | $353.35M | $337.60M | $350.35M | $307.34M | $307.10M | $334.53M | $332.95M | $317.08M | $330.30M | $317.91M | $310.87M | $291.59M | $314.89M | $290.79M | $288.48M | $263.29M | $274.90M | $258.68M | $274.76M | $257.04M | $261.48M | $238.12M | $260.31M | $246.25M | $250.31M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.14% | 1.12% | 1.15% | 1.13% | 1.20% | 1.24% | 1.24% | 1.22% | 1.20% | 1.22% | 1.07% | 1.05% | 1.08% | 1.06% | 1.03% | 1.00% | 1.00% |
Equity LifeStyle Properties's average Quarter revenue forecast for Mar 24 based on 1 analysts is $340.45M, with a low forecast of $332.95M, and a high forecast of $344.44M. ELS's average Quarter revenue forecast represents a -5.60% decrease compared to the company's last Quarter revenue of $360.64M (Dec 23).
Equity LifeStyle Properties EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $136.19M | $165.15M | $148.16M | $170.09M | $153.56M | $154.16M | $141.46M | $162.52M | $144.60M | $143.13M | $137.26M | $137.63M | $129.78M | $115.03M | $111.43M | $132.58M | $121.04M | $127.52M |
| Avg Forecast | $166.68M | $173.34M | $166.05M | $172.00M | $161.68M | $166.96M | $159.52M | $165.54M | $143.55M | $145.92M | $154.58M | $164.44M | $149.82M | $156.07M | $150.21M | $149.49M | $144.60M | $137.62M | $127.09M | $135.90M | $115.07M | $120.14M | $113.06M | $145.07M | $112.34M | $114.28M | $104.07M | $139.74M | $107.62M | $109.40M |
| High Forecast | $168.64M | $175.37M | $168.00M | $174.02M | $163.57M | $168.91M | $161.39M | $167.48M | $145.08M | $149.93M | $154.58M | $197.32M | $151.58M | $157.90M | $151.97M | $179.39M | $173.52M | $137.62M | $127.09M | $163.08M | $115.07M | $120.14M | $113.06M | $174.09M | $112.34M | $114.28M | $104.07M | $167.69M | $107.62M | $109.40M |
| Low Forecast | $163.01M | $169.52M | $162.39M | $168.21M | $158.11M | $163.28M | $156.00M | $161.89M | $142.02M | $141.91M | $154.58M | $131.55M | $146.52M | $152.63M | $146.90M | $119.59M | $115.68M | $137.62M | $127.09M | $108.72M | $115.07M | $120.14M | $113.06M | $116.06M | $112.34M | $114.28M | $104.07M | $111.79M | $107.62M | $109.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.06% | 0.99% | 1.14% | 1.06% | 1.12% | 1.11% | 1.20% | 1.26% | 1.19% | 1.21% | 0.95% | 1.16% | 1.01% | 1.07% | 0.95% | 1.12% | 1.17% |
1 analysts predict ELS's average Quarter EBITDA for Mar 24 to be $164.44M, with a high of $197.32M and a low of $131.55M. This is 20.74% upper than Equity LifeStyle Properties's previous annual EBITDA (Dec 23) of $136.19M.
Equity LifeStyle Properties Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $96.43M | $76.97M | $62.93M | $82.37M | $45.39M | $40.75M | $36.54M | $59.59M | $40.89M | $70.63M | $61.06M | $65.24M | $64.65M | $50.56M | $46.20M | $66.88M | $54.96M | $64.46M |
| Avg Forecast | $113.42M | $100.10M | $89.77M | $112.00M | $103.34M | $93.72M | $81.88M | $106.22M | $94.64M | $86.76M | $69.05M | $84.88M | $84.38M | $80.06M | $68.49M | $77.17M | $65.55M | $71.69M | $66.78M | $70.15M | $64.48M | $64.79M | $54.87M | $68.77M | $64.50M | $54.73M | $46.91M | $70.49M | $56.68M | $58.64M |
| High Forecast | $115.15M | $101.63M | $91.14M | $113.70M | $104.92M | $95.15M | $83.12M | $107.84M | $95.88M | $87.62M | $69.07M | $101.86M | $85.67M | $81.28M | $69.53M | $92.60M | $78.66M | $71.69M | $66.78M | $84.18M | $64.48M | $64.79M | $54.87M | $82.52M | $64.50M | $54.73M | $46.91M | $84.59M | $56.68M | $58.64M |
| Low Forecast | $110.17M | $97.23M | $87.19M | $108.79M | $100.38M | $91.04M | $79.53M | $103.18M | $93.39M | $85.90M | $69.03M | $67.91M | $83.24M | $77.77M | $66.53M | $61.73M | $52.44M | $71.69M | $66.78M | $56.12M | $64.48M | $64.79M | $54.87M | $55.01M | $64.50M | $54.73M | $46.91M | $56.39M | $56.68M | $58.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.96% | 0.92% | 1.07% | 0.69% | 0.57% | 0.55% | 0.85% | 0.63% | 1.09% | 1.11% | 0.95% | 1.00% | 0.92% | 0.98% | 0.95% | 0.97% | 1.10% |
Equity LifeStyle Properties's average Quarter net income forecast for Mar 24 is $84.88M, with a range of $67.91M to $101.86M. ELS's average Quarter net income forecast represents a -11.97% decrease compared to the company's last Quarter net income of $96.43M (Dec 23).
Equity LifeStyle Properties SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $14.04M | $22.75M | $29.30M | $24.10M | $21.00M | $25.31M | $25.69M | $23.69M | $15.62M | $18.12M | $17.87M | $17.99M | $13.18M | $15.99M | $15.97M | $16.05M | $12.91M | $13.81M |
| Avg Forecast | $21.75M | $22.62M | $21.66M | $22.44M | $21.09M | $21.78M | $20.81M | $21.60M | $18.73M | $19.04M | $20.17M | $24.26M | $19.55M | $20.36M | $19.60M | $22.05M | $15.61M | $17.58M | $16.23M | $20.05M | $14.70M | $15.34M | $14.44M | $18.97M | $14.35M | $14.60M | $13.29M | $16.91M | $13.75M | $13.97M |
| High Forecast | $22.00M | $22.88M | $21.92M | $22.70M | $21.34M | $22.04M | $21.06M | $21.85M | $18.93M | $19.56M | $20.17M | $29.11M | $19.78M | $20.60M | $19.83M | $26.46M | $18.74M | $17.58M | $16.23M | $24.06M | $14.70M | $15.34M | $14.44M | $22.76M | $14.35M | $14.60M | $13.29M | $20.30M | $13.75M | $13.97M |
| Low Forecast | $21.27M | $22.12M | $21.19M | $21.95M | $20.63M | $21.30M | $20.35M | $21.12M | $18.53M | $18.51M | $20.17M | $19.41M | $19.12M | $19.91M | $19.17M | $17.64M | $12.49M | $17.58M | $16.23M | $16.04M | $14.70M | $15.34M | $14.44M | $15.17M | $14.35M | $14.60M | $13.29M | $13.53M | $13.75M | $13.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 1.12% | 1.49% | 1.09% | 1.34% | 1.44% | 1.58% | 1.18% | 1.06% | 1.18% | 1.24% | 0.95% | 0.92% | 1.10% | 1.20% | 0.95% | 0.94% | 0.99% |
Equity LifeStyle Properties's average Quarter SG&A projection for Mar 24 is $24.26M, based on 1 Wall Street analysts, with a range of $19.41M to $29.11M. The forecast indicates a 72.82% rise compared to ELS last annual SG&A of $14.04M (Dec 23).
Equity LifeStyle Properties EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.52 | $0.41 | $0.34 | $0.44 | $0.24 | $0.22 | $0.20 | $0.32 | $0.22 | $0.38 | $0.33 | $0.36 | $0.35 | $0.28 | $0.25 | $0.37 | $0.30 | $0.35 |
| Avg Forecast | $0.58 | $0.51 | $0.46 | $0.57 | $0.53 | $0.48 | $0.42 | $0.54 | $0.48 | $0.44 | $0.35 | $0.48 | $0.43 | $0.41 | $0.35 | $0.46 | $0.29 | $0.37 | $0.34 | $0.40 | $0.33 | $0.33 | $0.28 | $0.35 | $0.33 | $0.28 | $0.24 | $0.37 | $0.29 | $0.30 |
| High Forecast | $0.59 | $0.52 | $0.47 | $0.58 | $0.54 | $0.49 | $0.43 | $0.55 | $0.49 | $0.45 | $0.35 | $0.49 | $0.44 | $0.42 | $0.36 | $0.46 | $0.30 | $0.37 | $0.34 | $0.40 | $0.33 | $0.33 | $0.28 | $0.35 | $0.33 | $0.28 | $0.24 | $0.37 | $0.29 | $0.30 |
| Low Forecast | $0.56 | $0.50 | $0.45 | $0.56 | $0.51 | $0.47 | $0.41 | $0.53 | $0.48 | $0.44 | $0.35 | $0.47 | $0.43 | $0.40 | $0.34 | $0.44 | $0.29 | $0.37 | $0.34 | $0.40 | $0.33 | $0.33 | $0.28 | $0.35 | $0.33 | $0.28 | $0.24 | $0.37 | $0.29 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.00% | 0.97% | 0.96% | 0.82% | 0.60% | 0.59% | 0.81% | 0.67% | 1.15% | 1.18% | 1.02% | 1.07% | 1.00% | 1.04% | 1.00% | 1.03% | 1.18% |
According to 1 Wall Street analysts, Equity LifeStyle Properties's projected average Quarter EPS for Mar 24 is $0.48, with a low estimate of $0.47 and a high estimate of $0.49. This represents a -6.82% decrease compared to ELS previous annual EPS of $0.52 (Dec 23).
Equity LifeStyle Properties Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SUI | Sun Communities | $126.26 | $179.00 | 41.77% | Buy |
| INVH | Invitation Homes | $33.70 | $40.67 | 20.68% | Hold |
| MAA | Mid-America Apartment Communities | $157.74 | $187.90 | 19.12% | Hold |
| EQR | Equity Residential | $73.92 | $82.03 | 10.97% | Buy |
| UMH | UMH Properties | $19.15 | $20.50 | 7.05% | Buy |
| BRT | BRT Apartments | $19.76 | $21.00 | 6.28% | Buy |
| UDR | UDR | $44.34 | $46.21 | 4.22% | Buy |
| ELS | Equity LifeStyle Properties | $70.67 | $73.29 | 3.71% | Buy |
| AVB | AvalonBay Communities | $228.14 | $235.00 | 3.01% | Buy |
| CSR | Centerspace | $72.55 | $72.75 | 0.28% | Hold |
| ESS | Essex Property Trust | $300.59 | $298.00 | -0.86% | Buy |
| NXRT | NexPoint Residential Trust | $45.77 | $44.67 | -2.40% | Buy |
| VRE | Veris Residential | $18.25 | $14.00 | -23.29% | Buy |