(ELS) Equity Lifestyle Properties - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US29472R1086
Stock: Manufactured Home Sites, RV Sites, Resort Accommodations
Total Rating 40
Risk 77
Buy Signal 0.07
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.33% |
| Yield on Cost 5y | 3.73% |
| Yield CAGR 5y | 9.14% |
| Payout Consistency | 95.0% |
| Payout Ratio | 84.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 19.9% |
| Relative Tail Risk | -0.06% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.02 |
| Alpha | -3.29 |
| Character TTM | |
|---|---|
| Beta | 0.157 |
| Beta Downside | 0.102 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.04% |
| CAGR/Max DD | 0.00 |
Description: ELS Equity Lifestyle Properties January 03, 2026
Equity Lifestyle Properties Inc. (NYSE: ELS) is a self-administered, self-managed REIT headquartered in Chicago that, as of September 30 2025, owned or held interests in 455 single-family rental properties across 35 U.S. states and British Columbia, totaling 173,341 residential sites.
Key operating metrics that analysts watch include a portfolio-wide occupancy rate that has hovered around 96% in 2024-25, average rent growth of roughly 4.5% year-over-year driven by tight housing supply, and a funds-from-operations (FFO) yield near 6.2% after adjusting for recent acquisitions. The sector is sensitive to macro-economic factors such as mortgage rates, which influence home-buy versus rent decisions, and demographic trends like the continued migration of younger households into rental markets.
For a deeper quantitative view, you might explore the latest metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 386.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.54 > 1.0 |
| NWC/Revenue: -8.62% < 20% (prev -42.70%; Δ 34.08% < -1%) |
| CFO/TA 0.10 > 3% & CFO 577.0m > Net Income 386.5m |
| Net Debt (3.30b) to EBITDA (708.3m): 4.65 < 3 |
| Current Ratio: 0.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (200.2m) vs 12m ago 0.12% < -2% |
| Gross Margin: 35.78% > 18% (prev 0.50%; Δ 3529 % > 0.5%) |
| Asset Turnover: 26.11% > 50% (prev 25.67%; Δ 0.44% > 0%) |
| Interest Coverage Ratio: 3.91 > 6 (EBITDA TTM 708.3m / Interest Expense TTM 126.7m) |
Altman Z'' 0.25
| A: -0.02 (Total Current Assets 93.4m - Total Current Liabilities 221.5m) / Total Assets 5.75b |
| B: -0.04 (Retained Earnings -225.0m / Total Assets 5.75b) |
| C: 0.09 (EBIT TTM 495.8m / Avg Total Assets 5.70b) |
| D: -0.06 (Book Value of Equity -225.3m / Total Liabilities 3.93b) |
| Altman-Z'' Score: 0.25 = B |
What is the price of ELS shares?
As of February 08, 2026, the stock is trading at USD 65.48 with a total of 3,341,108 shares traded.
Over the past week, the price has changed by +3.66%, over one month by +9.44%, over three months by +8.53% and over the past year by +1.90%.
Over the past week, the price has changed by +3.66%, over one month by +9.44%, over three months by +8.53% and over the past year by +1.90%.
Is ELS a buy, sell or hold?
Equity Lifestyle Properties has received a consensus analysts rating of 4.06.
Therefore, it is recommended to buy ELS.
- StrongBuy: 7
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ELS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 68.9 | 5.1% |
| Analysts Target Price | 68.9 | 5.1% |
| ValueRay Target Price | 67.6 | 3.3% |
ELS Fundamental Data Overview January 31, 2026
P/E Trailing = 31.0299
P/E Forward = 30.7692
P/S = 8.1227
P/B = 6.9278
P/EG = 5.0864
Revenue TTM = 1.49b USD
EBIT TTM = 495.8m USD
EBITDA TTM = 708.3m USD
Long Term Debt = 3.23b USD (from longTermDebt, two quarters ago)
Short Term Debt = 45.0m USD (from shortTermDebt, two quarters ago)
Debt = 3.32b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.30b USD (from netDebt column, last quarter)
Enterprise Value = 15.79b USD (12.49b + Debt 3.32b - CCE 26.1m)
Interest Coverage Ratio = 3.91 (Ebit TTM 495.8m / Interest Expense TTM 126.7m)
EV/FCF = 30.87x (Enterprise Value 15.79b / FCF TTM 511.4m)
FCF Yield = 3.24% (FCF TTM 511.4m / Enterprise Value 15.79b)
FCF Margin = 34.38% (FCF TTM 511.4m / Revenue TTM 1.49b)
Net Margin = 25.99% (Net Income TTM 386.5m / Revenue TTM 1.49b)
Gross Margin = 35.78% ((Revenue TTM 1.49b - Cost of Revenue TTM 955.1m) / Revenue TTM)
Gross Margin QoQ = -7.60% (prev 48.69%)
Tobins Q-Ratio = 2.75 (Enterprise Value 15.79b / Total Assets 5.75b)
Interest Expense / Debt = 1.91% (Interest Expense 63.3m / Debt 3.32b)
Taxrate = 21.0% (US default 21%)
NOPAT = 391.7m (EBIT 495.8m * (1 - 21.00%))
Current Ratio = 0.42 (Total Current Assets 93.4m / Total Current Liabilities 221.5m)
Debt / Equity = 1.89 (Debt 3.32b / totalStockholderEquity, last quarter 1.76b)
Debt / EBITDA = 4.65 (Net Debt 3.30b / EBITDA 708.3m)
Debt / FCF = 6.44 (Net Debt 3.30b / FCF TTM 511.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.79% (Net Income 386.5m / Total Assets 5.75b)
RoE = 22.12% (Net Income TTM 386.5m / Total Stockholder Equity 1.75b)
RoCE = 9.96% (EBIT 495.8m / Capital Employed (Equity 1.75b + L.T.Debt 3.23b))
RoIC = 7.87% (NOPAT 391.7m / Invested Capital 4.98b)
WACC = 5.44% (E(12.49b)/V(15.81b) * Re(6.49%) + D(3.32b)/V(15.81b) * Rd(1.91%) * (1-Tc(0.21)))
Discount Rate = 6.49% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 1.19%
[DCF Debug] Terminal Value 87.26% ; FCFF base≈450.5m ; Y1≈497.2m ; Y5≈641.2m
Fair Price DCF = 80.62 (EV 18.92b - Net Debt 3.30b = Equity 15.63b / Shares 193.8m; r=5.90% [WACC]; 5y FCF grow 11.92% → 2.90% )
EPS Correlation: 62.57 | EPS CAGR: 4.10% | SUE: -0.49 | # QB: 0
Revenue Correlation: 13.38 | Revenue CAGR: 1.27% | SUE: 0.16 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.54 | Chg30d=-0.014 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=2.03 | Chg30d=-0.024 | Revisions Net=-2 | Growth EPS=+3.7% | Growth Revenue=+2.6%
EPS next Year (2027-12-31): EPS=2.18 | Chg30d=-0.030 | Revisions Net=-2 | Growth EPS=+7.4% | Growth Revenue=+4.1%
P/E Forward = 30.7692
P/S = 8.1227
P/B = 6.9278
P/EG = 5.0864
Revenue TTM = 1.49b USD
EBIT TTM = 495.8m USD
EBITDA TTM = 708.3m USD
Long Term Debt = 3.23b USD (from longTermDebt, two quarters ago)
Short Term Debt = 45.0m USD (from shortTermDebt, two quarters ago)
Debt = 3.32b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.30b USD (from netDebt column, last quarter)
Enterprise Value = 15.79b USD (12.49b + Debt 3.32b - CCE 26.1m)
Interest Coverage Ratio = 3.91 (Ebit TTM 495.8m / Interest Expense TTM 126.7m)
EV/FCF = 30.87x (Enterprise Value 15.79b / FCF TTM 511.4m)
FCF Yield = 3.24% (FCF TTM 511.4m / Enterprise Value 15.79b)
FCF Margin = 34.38% (FCF TTM 511.4m / Revenue TTM 1.49b)
Net Margin = 25.99% (Net Income TTM 386.5m / Revenue TTM 1.49b)
Gross Margin = 35.78% ((Revenue TTM 1.49b - Cost of Revenue TTM 955.1m) / Revenue TTM)
Gross Margin QoQ = -7.60% (prev 48.69%)
Tobins Q-Ratio = 2.75 (Enterprise Value 15.79b / Total Assets 5.75b)
Interest Expense / Debt = 1.91% (Interest Expense 63.3m / Debt 3.32b)
Taxrate = 21.0% (US default 21%)
NOPAT = 391.7m (EBIT 495.8m * (1 - 21.00%))
Current Ratio = 0.42 (Total Current Assets 93.4m / Total Current Liabilities 221.5m)
Debt / Equity = 1.89 (Debt 3.32b / totalStockholderEquity, last quarter 1.76b)
Debt / EBITDA = 4.65 (Net Debt 3.30b / EBITDA 708.3m)
Debt / FCF = 6.44 (Net Debt 3.30b / FCF TTM 511.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.79% (Net Income 386.5m / Total Assets 5.75b)
RoE = 22.12% (Net Income TTM 386.5m / Total Stockholder Equity 1.75b)
RoCE = 9.96% (EBIT 495.8m / Capital Employed (Equity 1.75b + L.T.Debt 3.23b))
RoIC = 7.87% (NOPAT 391.7m / Invested Capital 4.98b)
WACC = 5.44% (E(12.49b)/V(15.81b) * Re(6.49%) + D(3.32b)/V(15.81b) * Rd(1.91%) * (1-Tc(0.21)))
Discount Rate = 6.49% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 1.19%
[DCF Debug] Terminal Value 87.26% ; FCFF base≈450.5m ; Y1≈497.2m ; Y5≈641.2m
Fair Price DCF = 80.62 (EV 18.92b - Net Debt 3.30b = Equity 15.63b / Shares 193.8m; r=5.90% [WACC]; 5y FCF grow 11.92% → 2.90% )
EPS Correlation: 62.57 | EPS CAGR: 4.10% | SUE: -0.49 | # QB: 0
Revenue Correlation: 13.38 | Revenue CAGR: 1.27% | SUE: 0.16 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.54 | Chg30d=-0.014 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=2.03 | Chg30d=-0.024 | Revisions Net=-2 | Growth EPS=+3.7% | Growth Revenue=+2.6%
EPS next Year (2027-12-31): EPS=2.18 | Chg30d=-0.030 | Revisions Net=-2 | Growth EPS=+7.4% | Growth Revenue=+4.1%