Equity Lifestyle Properties Q4 Earnings Beat Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Financial Performance: Equity Lifestyle Properties reported a Q4 FFO of $0.79, beating expectations by $0.01, indicating the company's resilience and profitability in the current market.
- Revenue Situation: The Q4 revenue of $373.9 million, reflecting a 0.4% year-over-year increase, fell short of expectations by $8.36 million, highlighting potential pressures on revenue growth due to increased market competition.
- Future Outlook: The company anticipates a Q1 2026 FFO of $0.83 and a full-year FFO of $3.19, demonstrating confidence in future profitability despite facing market challenges.
- Net Income Forecast: The projected net income per share for 2026 ranges from $0.54 to $0.60, with an annual forecast between $2.06 and $2.16, indicating the company's efforts to control costs and enhance profitability.
Analyst Views on ELS
Wall Street analysts forecast ELS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELS is 68.01 USD with a low forecast of 62.05 USD and a high forecast of 72.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 62.900
Low
62.05
Averages
68.01
High
72.00
Current: 62.900
Low
62.05
Averages
68.01
High
72.00
About ELS
Equity LifeStyle Properties, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is a fully integrated owner of lifestyle-oriented properties consisting of property operations and home sales and rental operations within manufactured home (MH) and recreational vehicle (RV) communities and marinas. It operates through two segments: Property Operations and Home Sales and Rentals Operations. The Property Operations segment owns and operates land-leased Properties. The Home Sales and Rentals Operations segment purchases, sells and leases homes at the Properties. Its portfolio is geographically diversified across desirable locations near retirement and vacation destinations and urban areas across the United States. It owns an interest in a portfolio of approximately 452 properties located throughout the United States and Canada containing 173,201 individually developed areas (Sites). These properties are located in 35 states and British Columbia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
