ELS Stock Analysis: Equity Lifestyle Properties | NYSE
REIT - Residential | NYSE, USA | Market Cap: 13.039m USD | 12M Return: 10.3% | US29472R1086 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 111M
EPS Trend: 94.5%
Qual. Beats: 1
Rev. Trend: 81.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Equity LifeStyle Properties, Inc. (NYSE: ELS) is a self-administered, self-managed real estate investment trust (REIT) headquartered in Chicago, Illinois. The company was incorporated in Maryland in 1992 and completed its initial public offering in February 1993. As of March 31, 2026, ELS owns or has an interest in 453 properties spanning 35 U.S. states and British Columbia, comprising 173,419 sites in total.
As a REIT, ELS is required to distribute the majority of its taxable income to shareholders in the form of dividends, consistent with standard REIT structure under U.S. tax law. The company is classified within the GICS Single-Family Residential REITs sub-industry, with its portfolio focused on manufactured housing communities and RV resorts-a niche segment of the residential real estate market characterized by long-term site leases and high tenant retention.
- MH rent growth and occupancy lift same-store revenue
- RV resort acquisitions accelerate portfolio expansion
- Interest rate moves shape cost of capital and acquisition pace
| Net Income: 401.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 2.26 > 1.0 |
| NWC/Revenue: -9.50% < 20% (prev -41.98%; Δ 32.47% < -1%) |
| CFO/TA 0.11 > 3% & CFO 619.4m > Net Income 401.8m |
| Net Debt (3.36b) to EBITDA (625.5m): 5.37 < 3 |
| Current Ratio: 0.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (200.2m) vs 12m ago 0.04% < -2% |
| Gross Margin: 43.32% > 18% (prev 43.90%; Δ -0.57% > 0.5%) |
| Asset Turnover: 27.54% > 50% (prev 25.71%; Δ 1.83% > 0%) |
| Interest Coverage Ratio: 3.01 > 6 (EBIT TTM 415.9m / Interest Expense TTM 138.0m) |
| A: -0.03 (Total Current Assets 66.6m - Total Current Liabilities 217.4m) / Total Assets 5.80b |
| B: -0.04 (Retained Earnings -231.3m / Total Assets 5.80b) |
| C: 0.07 (EBIT TTM 415.9m / Avg Total Assets 5.76b) |
| D: 0.44 (Book Value of Equity 1.76b / Total Liabilities 3.98b) |
| Altman-Z'' = 0.65 = B |
| DSRI: 0.29 (Receivables 31.0m/100.3m, Revenue 1.59b/1.47b) |
| GMI: 1.01 (GM 43.90% / 43.32%) |
| AQI: 1.33 (AQ_t 0.07 / AQ_t-1 0.05) |
| SGI: 1.08 (Revenue 1.59b / 1.47b) |
| TATA: -0.04 (NI 401.8m - CFO 619.4m) / TA 5.80b) |
| Beneish M = -3.35 (Cap -4..+1) = AA |
As of August 09, 2026, the stock is trading at USD 65.17 with a total of 925,875 shares traded. Over the past week, the price has changed by +0.15%, over one month by -0.32%, over three months by +3.87% and over the past year by +10.26%.
Current recommended Stop Loss: 62.60 (which is 3.9% or 1.7 ATR below the current price).
Equity Lifestyle Properties has received a consensus analysts rating of 4.22. Therefore, it is recommended to buy ELS.
- StrongBuy: 9
- Buy: 4
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 70.6 | 8.3% |
P/E Trailing = 31.5874
P/E Forward = 32.0513
P/S = 8.3205
P/B = 7.2331
P/EG = 4.9298
Revenue TTM = 1.59b USD
EBIT TTM = 415.9m USD
EBITDA TTM = 625.5m USD
Long Term Debt = 3.32b USD (from longTermDebt, last fiscal year)
Short Term Debt = 71.3m USD (from shortTermDebt, last fiscal year)
Debt = 3.39b USD (corrected: LT Debt 3.32b + ST Debt 71.3m)
Net Debt = 3.36b USD (calculated: Debt 3.39b - CCE 35.6m)
Enterprise Value = 16.4b USD (13.0b + Debt 3.39b - CCE 35.6m)
Interest Coverage Ratio = 3.01 (Ebit TTM 415.9m / Interest Expense TTM 138.0m)
EV/FCF = 33.67x (Enterprise Value 16.4b / FCF TTM 487.0m)
FCF Yield = 2.97% (FCF TTM 487.0m / Enterprise Value 16.4b)
FCF Margin = 30.69% (FCF TTM 487.0m / Revenue TTM 1.59b)
Net Margin = 25.32% (Net Income TTM 401.8m / Revenue TTM 1.59b)
Gross Margin = 43.32% ((Revenue TTM 1.59b - Cost of Revenue TTM 899.3m) / Revenue TTM)
Gross Margin QoQ = none% (prev 27.44%)
Tobins Q-Ratio = 2.83 (Enterprise Value 16.4b / Total Assets 5.80b)
Interest Expense / Debt = 4.07% (Interest Expense 138.0m / Debt 3.39b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 328.5m (EBIT 415.9m * (1 - 21.00%))
Current Ratio = 0.31 (Total Current Assets 66.6m / Total Current Liabilities 217.4m)
Debt / Equity = 1.93 (Debt 3.39b / totalStockholderEquity, last quarter 1.76b)
Debt / EBITDA = 5.37 (Net Debt 3.36b / EBITDA 625.5m)
Debt / FCF = 6.89 (Net Debt 3.36b / FCF TTM 487.0m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.98% (Net Income 401.8m / Total Assets 5.80b)
RoE = 22.87% (Net Income TTM 401.8m / Total Stockholder Equity 1.76b)
RoCE = 8.19% (EBIT 415.9m / Capital Employed (Equity 1.76b + L.T.Debt 3.32b))
RoIC = 5.85% (NOPAT 328.5m / Invested Capital 5.62b)
WACC = 4.84% (E(13.0b)/V(16.4b) * Re(5.26%) + D(3.39b)/V(16.4b) * Rd(4.07%) * (1-Tc(0.21)))
Discount Rate = 5.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.61 | Cagr: 0.90%
[DCF] Terminal Value 77.97% ; FCFF base≈432.5m ; Y1≈495.8m ; Y5≈729.7m
[DCF] Fair Price = 39.31 (EV 11.0b - Net Debt 3.36b = Equity 7.62b / Shares 193.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 94.52 | EPS CAGR: 11.15% | SUE: 1.04 | # QB: 1
Revenue Correlation: 80.97 | Revenue CAGR: 3.39% | SUE: 0.57 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.50 | Chg30d=+1.11% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=2.04 | Chg30d=+1.73% | Revisions=+0% | GrowthEPS=+4.6% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=2.17 | Chg30d=+0.28% | Revisions=-25% | GrowthEPS=+6.3% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -17% (up=1, down=2)