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 $73.50 (represents a 10.34% upside from ELS’s last price of $66.61) 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 $73.50 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 10.34% upside from ELS's last price of $66.61.
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% | 8.09% |
| Oct 17, 2024 | Peter Abramowitz | Jefferies | $72.00 | $70.01 | 2.84% | 8.09% |
| Oct 01, 2024 | Brad Heffern | RBC Capital | $72.00 | $71.34 | 0.93% | 8.09% |
| Sep 19, 2024 | James Feldman | Wells Fargo | $82.00 | $73.49 | 11.58% | 23.10% |
| Aug 28, 2024 | Steve Sakwa | Evercore ISI | $73.00 | $70.39 | 3.71% | 9.59% |
| Jul 30, 2024 | Anthony Hau | Truist Financial | $70.00 | $68.55 | 2.12% | 5.09% |
| Apr 26, 2024 | Anthony Powell | Barclays | $72.00 | $60.75 | 18.52% | 8.09% |
| Apr 23, 2024 | Steve Sakwa | Evercore ISI | $69.00 | $62.70 | 10.05% | 3.59% |
| Oct 07, 2022 | Anthony Powell | Barclays | $75.00 | $62.31 | 20.37% | 12.60% |
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 8.09% increase from ELS last price ($66.61).
Equity LifeStyle Properties Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 8 |
| Avg Price Target | - | $74.50 | $72.75 |
| Last Closing Price | $66.61 | $66.61 | $66.61 |
| Upside/Downside | -100.00% | 11.85% | 9.22% |
In the current month, the average price target of Equity LifeStyle Properties stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Equity LifeStyle Properties's last price of $66.61. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 |
| Apr 26, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 23, 2024 | Evercore ISI | Reduce | Reduce | Hold |
| Feb 08, 2024 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| Jan 31, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jan 31, 2024 | Truist Financial | Sector Perform | Sector Perform | Hold |
| Jul 19, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 07, 2022 | Barclays | Overweight | Overweight | Hold |
| Jul 15, 2022 | Wolfe Research | Peer Perform | Initialise | |
| Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade |
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 | $345.99M | $360.89M | $348.67M | $361.03M | $344.00M | $357.79M | $344.52M | $355.69M | $309.71M | $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 | $350.23M | $365.31M | $352.95M | $365.45M | $348.21M | $362.17M | $348.74M | $360.05M | $313.02M | $324.46M | $334.53M | $344.62M | $328.20M | $341.88M | $329.06M | $321.77M | $301.81M | $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 | $336.39M | $350.88M | $339.00M | $351.01M | $334.45M | $347.86M | $334.96M | $345.82M | $306.40M | $307.10M | $334.53M | $331.01M | $315.23M | $328.37M | $316.05M | $309.06M | $289.89M | $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 $331.01M, and a high forecast of $344.62M. 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 | $159.87M | $166.76M | $161.12M | $166.82M | $158.96M | $165.33M | $159.20M | $164.36M | $143.11M | $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 | $161.83M | $168.80M | $163.09M | $168.87M | $160.90M | $167.35M | $161.15M | $166.37M | $144.64M | $149.93M | $154.58M | $197.32M | $151.65M | $157.98M | $152.05M | $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 | $155.44M | $162.13M | $156.65M | $162.19M | $154.54M | $160.74M | $154.78M | $159.80M | $141.58M | $141.91M | $154.58M | $131.55M | $145.66M | $151.74M | $146.04M | $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 | $114.39M | $101.86M | $91.81M | $115.63M | $104.32M | $94.70M | $84.81M | $108.18M | $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 | $116.21M | $103.48M | $93.27M | $117.47M | $105.98M | $96.21M | $86.16M | $109.90M | $95.88M | $87.62M | $69.07M | $101.86M | $85.73M | $81.34M | $69.58M | $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 | $110.26M | $98.19M | $88.49M | $111.46M | $100.56M | $91.29M | $81.75M | $104.28M | $93.39M | $85.90M | $69.03M | $67.91M | $83.24M | $77.18M | $66.02M | $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 | $20.86M | $21.76M | $21.02M | $21.76M | $20.74M | $21.57M | $20.77M | $21.44M | $18.67M | $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 | $21.11M | $22.02M | $21.28M | $22.03M | $20.99M | $21.83M | $21.02M | $21.71M | $18.87M | $19.56M | $20.17M | $29.11M | $19.79M | $20.61M | $19.84M | $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 | $20.28M | $21.15M | $20.44M | $21.16M | $20.16M | $20.97M | $20.19M | $20.85M | $18.47M | $18.51M | $20.17M | $19.41M | $19.00M | $19.80M | $19.05M | $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 | $0.59 | $0.52 | $0.47 | $0.59 | $0.53 | $0.48 | $0.43 | $0.55 | $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 | $0.53 | $0.48 | $0.60 | $0.54 | $0.49 | $0.44 | $0.56 | $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 | $0.57 | $0.51 | $0.47 | $0.42 | $0.53 | $0.48 | $0.44 | $0.35 | $0.47 | $0.43 | $0.39 | $0.34 | $0.44 | $0.28 | $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 |
|---|---|---|---|---|---|
| INVH | Invitation Homes | $32.40 | $39.14 | 20.80% | Hold |
| SUI | Sun Communities | $122.80 | $139.50 | 13.60% | Buy |
| EQR | Equity Residential | $72.77 | $80.61 | 10.77% | Buy |
| BRT | BRT Apartments | $19.00 | $21.00 | 10.53% | Buy |
| UMH | UMH Properties | $19.31 | $21.25 | 10.05% | Buy |
| ESS | Essex Property Trust | $294.10 | $322.00 | 9.49% | Buy |
| MAA | Mid-America Apartment Communities | $156.07 | $169.17 | 8.39% | Hold |
| NXRT | NexPoint Residential Trust | $44.67 | $48.00 | 7.45% | Buy |
| ELS | Equity LifeStyle Properties | $68.75 | $73.50 | 6.91% | Buy |
| AVB | AvalonBay Communities | $226.94 | $242.60 | 6.90% | Buy |
| CSR | Centerspace | $68.29 | $72.00 | 5.43% | Hold |
| UDR | UDR | $44.41 | $44.40 | -0.02% | Buy |
| VRE | Veris Residential | $17.53 | $14.00 | -20.14% | Buy |