Equity Lifestyle Properties (NYSE:ELS) Issues Q1 2026 Earnings Guidance

Equity Lifestyle Properties (NYSE:ELS) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.810-0.870 for the period, compared to the consensus earnings per share estimate of 0.660. The company issued revenue guidance of -. Equity Lifestyle Properties also updated its FY 2026 guidance to 3.120-3.220 EPS.

Equity Lifestyle Properties Stock Up 0.9%

ELS stock traded up $0.58 during midday trading on Thursday, reaching $62.50. 73,188 shares of the company’s stock traded hands, compared to its average volume of 1,626,278. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.27. The firm’s fifty day moving average price is $61.81 and its 200-day moving average price is $61.30. The company has a market cap of $12.11 billion, a price-to-earnings ratio of 31.38, a P/E/G ratio of 3.54 and a beta of 0.77. Equity Lifestyle Properties has a 52 week low of $58.15 and a 52 week high of $70.35.

Equity Lifestyle Properties (NYSE:ELS) last announced its quarterly earnings results on Thursday, January 29th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.26). The business had revenue of $373.87 million during the quarter, compared to the consensus estimate of $382.93 million. Equity Lifestyle Properties had a net margin of 24.97% and a return on equity of 20.99%. Equity Lifestyle Properties’s revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.76 EPS. As a group, sell-side analysts forecast that Equity Lifestyle Properties will post 3.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Thursday, January 22nd. Truist Financial set a $66.00 target price on shares of Equity Lifestyle Properties and gave the stock a “hold” rating in a research report on Tuesday, January 20th. Wall Street Zen lowered Equity Lifestyle Properties from a “hold” rating to a “sell” rating in a report on Saturday, January 24th. Wells Fargo & Company dropped their price target on Equity Lifestyle Properties from $70.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Evercore ISI cut their price objective on Equity Lifestyle Properties from $67.00 to $65.00 and set an “inline” rating on the stock in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $69.14.

Key Headlines Impacting Equity Lifestyle Properties

Here are the key news stories impacting Equity Lifestyle Properties this week:

• Positive Sentiment: Management raised guidance sharply — FY2026 EPS guidance of $3.120–$3.220 vs. Street ~$2.49, and Q1 2026 EPS guidance of $0.810–$0.870 vs. Street ~$0.66. Strong forward guidance suggests better cash flow and supports valuation upside.
• Positive Sentiment: Core operating metric beat: FFO of $0.79/share topped the Zacks consensus of $0.78 and improved year-over-year, signaling resilient rental fundamentals and supporting the guidance outlook. Equity Lifestyle Properties (ELS) Surpasses Q4 FFO and Revenue Estimates
• Positive Sentiment: Company announced its 22nd consecutive annual dividend increase, a shareholder-friendly move that typically supports REIT share prices and income-focused investor demand. ELS Reports Fourth Quarter Results (PR Newswire)
• Neutral Sentiment: Analyst write-ups provide deeper metric-level context (rent growth, occupancy, NOI drivers) that investors should review to judge sustainability of the upbeat guidance. Equity Lifestyle Properties (ELS) Reports Q4 Earnings: What Key Metrics Have to Say
• Negative Sentiment: GAAP EPS missed materially: reported EPS $0.52 vs. consensus ~$0.78, and revenue $373.9M vs. ~$382.9M — these misses could pressure near-term sentiment and raise questions on one-time items or timing vs. the stronger forward view. Press Release / Q4 Report (PDF)

Hedge Funds Weigh In On Equity Lifestyle Properties

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ELS. Daiwa Securities Group Inc. increased its stake in shares of Equity Lifestyle Properties by 253.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,147,048 shares of the real estate investment trust’s stock valued at $191,025,000 after buying an additional 2,257,299 shares during the period. Boston Partners increased its holdings in shares of Equity Lifestyle Properties by 2.1% during the third quarter. Boston Partners now owns 2,902,967 shares of the real estate investment trust’s stock valued at $176,227,000 after acquiring an additional 60,852 shares in the last quarter. UBS Group AG increased its stake in Equity Lifestyle Properties by 40.0% during the 3rd quarter. UBS Group AG now owns 2,252,603 shares of the real estate investment trust’s stock valued at $136,733,000 after purchasing an additional 643,314 shares in the last quarter. Bank of America Corp DE lifted its position in Equity Lifestyle Properties by 53.6% in the 2nd quarter. Bank of America Corp DE now owns 2,227,360 shares of the real estate investment trust’s stock valued at $137,361,000 after acquiring an additional 777,107 shares in the last quarter. Finally, Royal London Asset Management Ltd. boosted its position in shares of Equity Lifestyle Properties by 1,520.4% during the second quarter. Royal London Asset Management Ltd. now owns 1,771,803 shares of the real estate investment trust’s stock valued at $109,267,000 after buying an additional 1,662,458 shares during the last quarter. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

About Equity Lifestyle Properties

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.