ELS Price Prediction Next Week
ELS Stock Price Prediction and Recommendation
Based on the analysis of technical indicators and recent news sentiment:
Technical Analysis:
- RSI (14): 56.65 (neutral, not overbought or oversold)
- MACD: 0.57 (slight bullish signal)
- Stochastic Oscillator: 64.11 (rising, bullish signal)
- Fibonacci Levels: Resistance at 70.74, Support at 66.58
Fundamental Analysis:
- Q4 FFO: $151.2 million (matched expectations)
- Revenue: $372.3 million (fell short of forecasts)
- Dividend Yield: ~3% (attractive for income investors)
- P/B Growth Investor Model: 77% rating (strong growth potential)
News Sentiment:
- Positive: ELS passes through 3% yield mark, strong growth rating
- Negative: Q4 revenue miss, cautious future projections
Prediction:
- Target Price: $70.50
- Recommendation: Buy
The stock is expected to move upward toward the Fibonacci resistance level of $70.74, with support at $66.58. The current technical indicators and positive news sentiment suggest a bullish outlook.
ELS Similar Chart Price Prediction
The price of ELS is predicted to go up -23.83%, based on the high correlation periods with CRVS. The similarity of these two price pattern on the periods is 91.73%.
ELS
CRVS
Down: -23.83%Similarity: 91.73%
ELS Revenue Forecast
ELS EPS Forecast
ELS FAQs
What is ELS revenue forecast for next quarter？
ELS VS S&P500
Aging population supports rent and NOI growth at a spread above inflation.
Supply growth for the sector has been flat and should remain flat in near future, so little risk of new, competing properties that would limit the company's ability to raise rents.
Only very small percent of residents have a mortgage on a manufactured home in the portfolio, so residents are able to continue to afford the low relative rental cost during recessions, which keeps occupancies and same-store NOI consistent through a full economic cycle.
ELS Analyst's Forecast
Omotayo Okusanya
Deutsche Bank
Hold → Strong Buy
2025-01-21
Price Target
$66 → $73
Upside
+8.28%
Deutsche Bank upgraded Equity Lifestyle to Buy from Hold with a price target of $73, up from $66. In 2025, the firm is "tactically shifting" its preference in the residential real estate investment trust sector towards subsectors and specific stocks which should be least impacted by ongoing supply issues. As such, Deutsche moved to an overweight stance on manufactured housing. Judging by the recent Q4 updates, ongoing supply in sunbelt markets is likely to remain an issue in the multifamily subsector and impact 2025 earnings for sunbelt focused names, despite peak supply now behind the group, adds Deutsche Bank. The firm says the issue is that lease-up of Q4 of Q1, traditionally weaker demand periods, of this supply may lock in lower rates given the oversupply in these markets. On the flip side, west coast supply remains limited, and there may be a pickup in occupancy in Los Angeles following the fires, contends Deutsche. The firm adjusted ratings and price targets in the group as part of its 2025 outlook.
Peter Abramowitz
Jefferies
Hold → Strong Buy
2025-01-02
Price Target
$72 → $80
Upside
+20.03%
Anthony Hau
Truist Securities
Hold
2024-11-12
Price Target
$70 → $71
Downside
-1.72%
