Equity LifeStyle Properties, Inc. (ELS) Stock Price & Analysis
Equity LifeStyle Properties, Inc. (ELS) closed at USD 61.17 on Thursday, October 22, 2026, up 3.40% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 59.16; the Oct 22, 2026 session ranged USD 59.54–61.51 on volume of 2,993,014 shares. Market capitalization is $12.27B, with a 52-week range of USD 57.46–69 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ELS.md
Key facts (ELS)
- Last four reported quarters (through Jun 30, 2026): revenue $1.56B, net income $415M (26.6% margin), free cash flow $347M (SEC filings).
- Valuation: P/E 29.5x (avg 35.3x at the last 3 fiscal year-ends).
- Analysts: Buy (mean 2.26 on a 1–5 scale) (19 analysts), mean target USD 68.05 (range 59–78).
- Total return with dividends: 1Y +3.9% vs S&P 500 +14.9%; 5Y -18.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-20, EPS estimate USD 0.53, revenue estimate $391M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ELS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.45B | $1.49B | $1.53B | $1.53B | $1.56B |
| Operating income | $272M | $295M | $320M | $381M | $391M | $409M |
| Net income | $276M | $299M | $330M | $385M | $402M | $415M |
| EPS (diluted) | $1.43 | $1.53 | $1.69 | $1.96 | $2.01 | — |
| Free cash flow | $111M | $343M | $231M | $355M | $334M | $347M |
| Operating margin | 20.7% | 20.4% | 21.5% | 24.9% | 25.6% | 26.2% |
| Net margin | 21.0% | 20.7% | 22.1% | 25.2% | 26.3% | 26.6% |
| Revenue growth | +17.7% | +9.9% | +2.9% | +2.5% | +0.3% | — |
| Cash + short-term investments | $123M | $22.3M | $29.9M | $24.6M | $26.1M | — |
| Total debt | $3.27B | $3.39B | $3.52B | $3.20B | $3.35B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ELS)
P/E 29.5x · P/S 7.8x · P/FCF 35.4x · P/B 7.0x · FCF yield 2.83% · Earnings yield 3.39% · Dividend yield (paid, TTM) 3.29%
P/E at fiscal year-ends: Dec 2025 30.2x, Dec 2024 34.0x, Dec 2023 41.8x.
Analysts (ELS)
Consensus Buy (mean 2.26 on a 1–5 scale), 19 analysts; mean target USD 68.05 (low 59, high 78).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Baird | Target lowered | Outperform | $74 → $71 |
| 2026-10-19 | Wells Fargo | Target lowered | Equal-Weight | $69 → $64 |
| 2026-10-14 | Barclays | Target lowered | Equal-Weight | $69 → $66 |
| 2026-10-13 | RBC Capital | Target lowered | Outperform | $71 → $68 |
| 2026-10-06 | UBS | Target lowered | Buy | $76 → $67 |
| 2026-09-21 | Evercore ISI Group | Target lowered | In-Line | $69 → $68 |
| 2026-09-21 | Mizuho | Downgrade | Outperform → Neutral | $72 → $65 |
| 2026-09-11 | Truist Securities | Target lowered | Hold | $67 → $64 |
| 2026-08-17 | Barclays | Target raised | Equal-Weight | $68 → $69 |
| 2026-08-12 | Morgan Stanley | Target lowered | Equal-Weight | $62.5 → $59 |
| 2026-07-23 | Evercore ISI Group | Target raised | In-Line | $67 → $69 |
| 2026-07-14 | Barclays | Downgrade | Overweight → Equal-Weight | $68 |
Total return (dividends reinvested) (ELS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +3.9% | -18.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +3.9% | -3.9% |
| Volatility (annualized) | 18.5% | 20.0% |
| Max drawdown | -14.0% (Jul 2026→Oct 2026) | -32.2% (Dec 2021→Oct 2022) |
ELS revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Property Operations | $376.2M | 96.4% | +5.0% |
| Home Sales and Rentals Operations | $14.2M | 3.6% | -0.1% |
| Total revenue | $390.4M | 100% | — |
ELS revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Gross revenues from home sales, brokered resales and ancillary services | $22.8M | 5.8% | +0.0% |
| Annual membership subscriptions | $18.8M | 4.8% | +11.3% |
| Gross revenues from ancillary services | $12.5M | 3.2% | +3.1% |
| Home sales and brokered resales | $10.3M | 2.6% | -3.5% |
| Membership upgrade revenue | $3.1M | 0.8% | +0.0% |
| Total revenue | $390.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ELS company outlook (results filed Oct 21, 2026)
- “Update Fourth quarter and full year 2026 guidance presented below represent management's estimate of a range of possible outcomes.”
- “Full year 2026 guidance ranges, including Core portfolio growth rate ranges, have been narrowed to reflect actual results for the nine months ended September 30, 2026, leaving only fourth quarter results subject to estimate.”
- “See Forward-Looking Statements in this news release for factors impacting our 2026 guidance assumptions.”
Quoted word-for-word from the SEC 8-K results press release.
ELS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.53 | $0.52 | +2.0% | $390.9M | 5 |
| Next quarter (ends Mar 2027) | $0.59 | $0.59 | +0.1% | $407.8M | 2 |
| Current fiscal year (ends Dec 2026) | $2.01 | $2.04 | -1.7% | $1.58B | 1 |
| Next fiscal year (ends Dec 2027) | $2.18 | $2.18 | +0.3% | $1.64B | 6 |
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 61.17 |
|---|---|
| Change | ▲ 3.40% (up) |
| Previous Close | USD 59.16 |
| Open | USD 59.64 |
| Day Range | USD 59.54 – 61.51 |
| 52-Week Range | USD 57.46 – 69 |
| Volume | 2,993,014 shares |
| Market Cap | $12.27B |
| Exchange | NYQ |
Technical Analysis (ELS)
Nexqual's technical model rates ELS "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 54.25 (neutral) |
| vs SMA50 | Below (USD 61.39) |
| MACD | -0.04 (negative) |
Analyst Ratings (ELS)
Wall Street analysts rate ELS "Buy" based on 19 analysts, with a mean price target of USD 68.05 (range USD 59–78), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 19 |
| Mean Target | USD 68.05 |
| High Target | USD 78 |
| Low Target | USD 59 |
| Buy / Hold / Sell | 11 / 8 / 0 |
Earnings (ELS)
| Next Earnings Date | 2026-10-20 |
|---|---|
| EPS Estimate | USD 0.53 |
| Revenue Estimate | $390.95M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.43 vs est 0.5 ▼ miss |
| 2026-06-30 | USD 0.48 vs est 0.44 ▲ beat |
| 2026-03-31 | USD 0.54 vs est 0.54 ▼ miss |
| 2025-12-31 | USD 0.5 vs est 0.51 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (ELS)
| Total Revenue | $1.59B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.80% |
| Gross Margin | +53.87% |
| Operating Margin | +33.35% |
| Profit Margin | +24.66% |
| ROE | +22.34% |
| Debt / Equity | 1.83 |
| Current Ratio | 0.17 |
| Total Cash | $24.33M |
| Total Debt | $3.31B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $346.75M (22.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (ELS)
Nexqual rates Equity LifeStyle Properties, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Mixed — Revenue +0.3% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 54%, operating 33% (last 12 months) |
| Balance Sheet | Critical — $26M cash and investments vs $3.35B debt (Dec 2025, SEC) |
| Cash Flow | Strong — FCF $347M (last 4 quarters to Jun 2026, SEC), 22% margin |
| Efficiency | Strong — ROE 22%, ROA 6.0% |
Ownership (ELS)
| Insider Ownership | +0.76% |
|---|---|
| Institutional Ownership | +112.29% |
| Shares Outstanding | 194.06M |
| Float | 192.43M |
| Short % of Float | +7.17% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (ELS)
Equity LifeStyle Properties, Inc. is led by Marguerite M. Nader, CEO & Non-Independent Vice Chairman, per Nexqual as of October 23, 2026 at 10:11 UTC.
| CEO & Non-Independent Vice Chairman | Marguerite M. Nader |
|---|---|
| President & COO | Patrick Waite |
| Executive VP & CFO | Paul Seavey |
| Senior Vice President of Investments | Michael Bailey |
| President of Subsidiary | Joseph B. McAdams |
Major Backers & Investors (ELS)
Notable institutional backers of Equity LifeStyle Properties, Inc. include Price (T.Rowe) Associates Inc, Cohen & Steers Inc., Aristotle Capital Management, LLC, according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 9.38% |
| Cohen & Steers Inc. | 7.67% |
| Aristotle Capital Management, LLC | 4.22% |
| Principal Financial Group, Inc. | 3.89% |
| TR PRICE-Price (T.Rowe) U.S. Value Equity Trust | 3.41% |
| Victory Capital Management Inc. | 2.71% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.99% |
| BlackRock | 12.6% |
| State Street | 5.98% |
| Geode Capital | 2.53% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
From Equity LifeStyle Properties, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- When justified, development of land available for expansion ("Expansion Sites") allows us to leverage existing facilities and amenities.
- Underwriting a project with these features allows us to access the previously untapped potential of such properties.
Partnerships
- Equity LifeStyle Properties, Inc. ("ELS" or the "Company"), a Maryland corporation, together with MHC Operating Limited Partnership (the "Operating Partnership") and its other consolidated subsidiaries (the "Subsidiaries"), are referred to herein as "we," "us," and "our".
Legal & Regulatory Risks (Item 1A, quoted)
- Occupational, Safety and Health Act
- Americans with Disabilities Act
- We are involved and may continue to be involved in legal proceedings, claims, class actions, inquiries and investigations relating to our operations, corporate transactions, dispositions and investments and otherwise in the ordinary course of business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CPT | Camden Property Trust | USD 102.74 | ▲ 2.55% |
| AMH | American Homes 4 Rent | USD 31.9 | ▲ 3.1% |
| UDR | UDR, Inc. | USD 36.18 | ▲ 3.25% |
| MAA | Mid-America Apartment Communiti | USD 121.17 | ▲ 2.97% |
| SUI | Sun Communities, Inc. | USD 119.86 | ▲ 2.92% |
| INVH | Invitation Homes Inc. | USD 27.53 | ▲ 2.69% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
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