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ELS

Equity LifeStyle Properties, Inc.

ELS

NYSE·Real Estate·REIT - Residential·Mkt cap $12.2B

$62.61

-0.81%

P/E

31.31

Mkt Cap

$12.2B

52-Wk Range

$58.72–$69.00

52-Week Range

$58.72 - $69.00

P/E

31.31

Fwd P/E

30.31

Beta

0.66

Div Yield

3.35%

Avg Vol

1.5M

Shares Out

193.9M

Mkt Cap

$12.2B

Price action

Price chart

Up 4.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Largest operator of RV and manufactured housing communities in North America
  • Vertically integrated self-managed and self-administered business model reducing operating costs
  • Diversified portfolio across 33 states and British Columbia providing geographic stability
  • Strong brand reputation and market presence with quality lifestyle communities

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Increasing demand for affordable housing alternatives in the United States

Value

Attractively priced below Residential REITs peer average

Momentum

Stable

+2.7% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

3.35% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 21, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $0.50 vs $0.43 consensus (+15.1% surprise). Revenue of $397.8M vs $383.7M expected (+3.7%). Beat on both top and bottom lines.

EPS beat +15.1%
Rev beat +3.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+15.1%

Revenue trend · last 8Q

-1%

-4%

+22%

+8%

+7%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$389.2M

$341.5M

$367.5M

$372.6M

$373.4M

$417.9M

$397.6M

$397.8M

Margins · last 8Q

Gross

95.8%

Operating

34.6%

Profit

24.2%

Wall Street consensus

5 analysts · 40% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

40%

Hold

3

60%

Sell

0%

Median Price Target

Latest: Morgan Stanley · Aug 12, 2026

vs Industry

How ELS stacks vs REIT - Residential

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.