Equity LifeStyle Properties/$ELS
1D1W1MYTD1Y5YMAX
Capital at risk
About Equity LifeStyle Properties
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company has a portfolio of 453 properties across the US with a higher concentration in the Sun Belt; 38% of its properties are in Florida, 11% in Arizona, and 10% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
- Ticker
- $ELS
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 3,700
- Headquarters
- Chicago, United States
ELS Metrics
BasicAdvanced
$12B
29.81
$2.07
0.66
$2.12
3.51%
Price and volume
Market cap
$12B
Beta
0.66
52-week high
$69.00
52-week low
$58.72
Average daily volume
1.4M
Dividend rate
$2.12
Financial strength
Current ratio
0.221
Quick ratio
0.029
Long term debt to equity
171.349
Total debt to equity
182.359
Dividend payout ratio (TTM)
100.38%
Interest coverage (TTM)
4.03%
Profitability
EBITDA (TTM)
756.573
Gross margin (TTM)
53.66%
Net profit margin (TTM)
25.62%
Operating margin (TTM)
34.71%
Effective tax rate (TTM)
-0.79%
Revenue per employee (TTM)
$420,000
Management effectiveness
Return on assets (TTM)
5.90%
Return on equity (TTM)
22.88%
Valuation
Price to earnings (TTM)
29.811
Price to revenue (TTM)
7.63
Price to book
6.82
Price to tangible book (TTM)
6.82
Price to free cash flow (TTM)
20.326
Free cash flow yield (TTM)
4.92%
Free cash flow per share (TTM)
3.042
Dividend yield (TTM)
3.42%
Forward dividend yield
3.51%
Growth
Revenue change (TTM)
1.96%
Earnings per share change (TTM)
7.09%
3-year revenue growth (CAGR)
2.29%
10-year revenue growth (CAGR)
6.34%
3-year earnings per share growth (CAGR)
10.57%
10-year earnings per share growth (CAGR)
8.39%
3-year dividend per share growth (CAGR)
7.24%
10-year dividend per share growth (CAGR)
10.21%
What the Analysts think about ELS
Analyst ratings (Buy, Hold, Sell) for Equity LifeStyle Properties stock.
Analyst projections of the future price of Equity LifeStyle Properties stock.
Bulls say / Bears say
Normalized FFO per Common Share rose 7.7% year-over-year to $0.74 in Q2 2026, surpassing the prior guidance midpoint of $0.69–$0.75 and underscoring resilient cash flow generation (SEC 8-K turn6search1).
Income from property operations excluding property management in the Core Portfolio increased 6.5% year-over-year in Q2 2026, as core property operating revenues grew 4.9% while expenses rose only 2.9%, reflecting disciplined cost control and operational leverage (SEC 10-Q turn11view0).
Approximately 70% of annual revenue is generated from Sun Belt properties catering to active adult customers, positioning the portfolio to benefit from ongoing retirement migration and aging population trends in key markets such as Florida, Arizona, and California (MarketBeat turn13search1).
Seasonal RV and transient marina base rental income in the Core Portfolio declined by 11.2% and 8.9%, respectively, in Q2 2026 compared to a year earlier, exposing volatility in non-rental segments from weather and lower short-stay demand (SEC 10-Q turn11view0).
Equity LifeStyle’s Non-Core Portfolio still includes properties adversely impacted by severe weather, including six Florida communities hit by Hurricane Ian and two California sites affected by storms and flooding, which may weigh on near-term restoration costs and insurance expenses (SEC 10-Q turn11view0).
Full-year 2026 guidance calls for capital expenditures of $125 million in NOI-enhancing projects and $185 million in recurring investments (totaling $310 million) for residential same-store properties, exerting pressure on free cash flow amid rising construction and supply costs (Form 8-K turn6search14).
Data summarised monthly by Lightyear AI. Last updated on 20 Aug 2026.
ELS Financial Performance
Revenues and expenses
ELS Earnings Performance
Company profitability
Upcoming events
ELS News
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Funds containing ELS
AllEURGBPUSD
Fund name | Fund size | $ELS weighting |
|---|---|---|
VanEck Global Real Estate€TRET | €255M | 0.85% |
VanEck Global Real Estate£TREG | £222M | 0.85% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.70% |
iShares Developed Markets Property Yield£IWDP | £859M | 0.70% |
SPDR S&P US Dividend Aristocrats€SPYD | €3.3B | 0.50% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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