Stock Price & Analysis

Based on the provided data and recent market activity, here's a concise analysis of ELS stock:

Technical Analysis

The stock is currently trading at $66.30, showing a modest gain of +0.12% in today's session. The RSI at 49.62 indicates neutral momentum, while the MACD at -0.29 suggests slight bearish pressure in the near term.

Recent Developments

• Q4 2024 Results: The company reported FFO of $151.2M ($0.76/share), meeting analyst expectations. However, revenue of $372.3M fell short of forecasts.
• Deutsche Bank Upgrade: Recently upgraded to "Buy" with a price target of $73, citing resilience against ongoing supply issues in residential real estate market.
• Dividend Announcement: Declared Q1 2025 dividend of $0.515 per share (2.87% yield), payable April 11, 2025.

Analyst Consensus

Recent analyst actions show mixed sentiment with price targets ranging from $68-$80, suggesting potential upside from current levels.

Valuation Metrics

The stock currently trades at:

• P/E: 35.68x
• EV/EBITDA: 22.88x
• P/B: 7.31x
• Dividend Yield: 2.87%

Conclusion Given the recent analyst upgrades, stable Q4 results, and defensive nature of its manufactured housing business model, ELS appears to be a HOLD at current levels. While valuation multiples are relatively high, the company's stable dividend and potential upside from analyst targets provide support.

Based on the provided data and Deutsche Bank's recent upgrade, ELS stock is projected to reach $80 by end of 2025, driven by the company's resilience in manufactured housing and limited supply impact in sunbelt markets. The company's strong Q4 2024 performance with $372.3M revenue and stable funds from operations of $151.2M supports this bullish outlook, while their recent dividend declaration of $2.06 annualized demonstrates financial stability.

The S1 support level for ELS Stock is $64.59 ,The R1 resistant level for ELS Stock is $66.91.

As of the end of day on 2025-02-11, the price of ELS Stock was $66.75.

The target price for ELS Stock according to analyst rating is 74.00, with the highest price target at 82.00 and the lowest at 68.00. Analysts have a Moderate Buy rating on ELS Stock overall.

The market cap of ELS is $12.8B.

Based on the latest valuation metrics and financial data, ELS appears to be moderately overvalued at its current price of $66.30. The stock's P/E ratio of 35.68x in Q4 2024 is significantly higher than the REIT industry average, indicating premium pricing despite recent mixed financial performance. The company's Q4 2024 revenue of $372.3 million missed analyst expectations, though FFO matched estimates at $0.76 per share. Deutsche Bank's recent upgrade to "Buy" rating suggests potential upside, but the high EV/EBITDA ratio of 22.88x and declining current ratio to 0.10 in Q4 2024 raise concerns about operational efficiency and liquidity.

Equity LifeStyle Properties, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns a 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 lease properties and the Home Sales. The Home Sales and Rentals Operations segment purchases, sells and leases homes at the Properties. The Company owns interest in a portfolio of approximately 451 properties located throughout the United States and Canada containing approximately 172,465 individual developed areas. These properties are located in 35 states and British Columbia, with approximately 110 properties with lake, river or ocean frontage and approximately 120 properties within 10 miles of the coastal United States.

Based on the provided data and recent analyst reports, ELS stock is projected to reach $85-90 by 2030, driven by Deutsche Bank's positive outlook on manufactured housing and limited supply in key markets. The company's strong financial performance, with consistent FFO growth and strategic expansion of its 452-property portfolio across prime retirement destinations, supports this growth trajectory. Recent upgrades from multiple analysts and a mean price target of $74.29 indicate steady appreciation potential.

ELS has a total of 4000 employees.