Stocks · Real Estate · REIT - Residential
Equity LifeStyle Properties, Inc. ELS
$58.25 +1.09% Close, Oct 2, 2026 · NYSE · Market cap $11.30B
Low risk
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 29.7× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Net debt is 5.2× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 45%
- EPS growth (TTM, YoY)Bottom 44%
- FCF growth (TTM, YoY)Top 50%
- Revenue growth, 3-year CAGRBottom 41%
- Revenue growth accelerationTop 29%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 18%
- Gross marginBottom 44%
- Operating marginTop 34%
- Cash conversion (OCF / net income)Bottom 40%
- Accruals (lower is better)Top 50%
- Net debt / EBITDA (lower is better)Top 42%
- Interest coverTop 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 45%
- Free-cash-flow yieldBottom 32%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueBottom 47%
- P/E vs own 5-year history (lower is better)Top 9%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 44%
- 6-month returnBottom 35%
- 1-year return vs S&P 500Top 45%
- Distance from 52-week highTop 27%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 36%
- Consecutive EPS beatsTop 19%
- Share of analysts rating BuyTop 37%
- Upside to consensus price targetBottom 18%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 20%
- Maximum drawdown, 3 yearsTop 17%
- Beta vs S&P 500 (lower is better)Top 6%
- Net debt / EBITDA (lower is better)Top 42%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.0% | 7.9% | ↑ |
| EPS growth (YoY) | 0.5% | 3.7% | ↑ |
| Gross margin | 43.9% | 43.3% | ↓ |
| Operating margin | 31.6% | 35.7% | ↑ |
| FCF margin | 23.9% | 21.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.9% | 6.0% | ↑ | Top 45% |
| EPS growth (TTM, YoY) | 3.7% | 0.5% | ↑ | Bottom 44% |
| Gross margin | 43.3% | 43.9% | ↓ | Bottom 44% |
| Operating margin | 35.7% | 31.6% | ↑ | Top 34% |
| Net margin | 25.3% | 25.0% | ↑ | — |
| Free-cash-flow margin | 21.9% | 23.9% | ↓ | — |
| Return on invested capital | 10.2% | — | Top 18% | |
| Revenue growth, 3-year CAGR | 3.7% | — | Bottom 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.46×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -77.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.24×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.70%
- Net buyback yield (TTM)
- -0.02%
- Shareholder yield
- 3.68%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +15.4%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $65.88
- Target vs current price
- +13.1%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 55%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +15.0% | +0.9% | +1.7% | -0.6% | — |
| Apr 21, 2026 | +2.6% | -1.5% | -4.9% | -5.9% | -0.1% |
| Jan 28, 2026 | +45.8% | -1.6% | +1.9% | +7.8% | +0.9% |
| Oct 22, 2025 | -2.0% | +0.7% | -3.5% | -2.0% | +1.0% |
| Jul 21, 2025 | -39.1% | -0.4% | -3.8% | -2.1% | +0.8% |
| Apr 21, 2025 | +2.9% | -1.4% | -3.5% | -0.7% | -5.5% |
| Jan 27, 2025 | +4.2% | +3.1% | -2.6% | -0.3% | -5.3% |
| Oct 21, 2024 | -0.9% | -2.8% | -0.8% | +1.3% | -5.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | $0.50 | $0.43 | +15.0% | $397.8M |
| Apr 21, 2026 | $0.56 | $0.55 | +2.6% | $397.6M |
| Jan 28, 2026 | $0.79 | $0.54 | +45.8% | $373.9M |
| Oct 22, 2025 | $0.50 | $0.51 | -2.0% | $393.3M |
| Jul 21, 2025 | $0.42 | $0.69 | -39.1% | $376.9M |
| Apr 21, 2025 | $0.57 | $0.55 | +2.9% | $387.3M |
| Jan 27, 2025 | $0.50 | $0.48 | +4.2% | $301.4M |
| Oct 21, 2024 | $0.44 | $0.44 | -0.9% | $314.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 29.7× | 38.9× | 0th | Top 45% |
| P/E (forward) | 28.0× | — | — | — |
| EV / EBITDA | 23.3× | — | — | Bottom 27% |
| EV / Sales | 9.19× | — | — | Bottom 47% |
| Free-cash-flow yield | 3.07% | — | — | Bottom 32% |
| Earnings yield | 3.36% | — | — | Top 45% |
P/E over the past five years
Range 30.4× – 66.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -4.5%
- Earnings per share growth (TTM)
- +3.7%
- Change in P/E multiple
- +5.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.9%
- 200-day average slope (20 days)
- -0.3%
- Distance from 50-day average
- -7.5%
- Distance from 200-day average
- -8.5%
- RSI (14)
- 29.2
- Relative volume
- 1.35×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.1%
- Volatility vs own 5-year history
- 21th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.07
- Correlation with S&P 500
- 0.06
- Current drawdown from 1-year high
- -14.8%
- Maximum drawdown, 3 years
- -24.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 2, 2021 | Oct 1, 2026 | -34.9% | 1274 days | Not yet recovered |
| Oct 12, 2020 | Nov 9, 2020 | -11.4% | 20 days | 105 days (Apr 13, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $11.30B
- P/E (TTM)
- 29.7
- EPS, diluted (TTM)
- $1.96
- Revenue (TTM)
- $1.59B
- Dividend yield
- 3.68%
- 52-week range
- $57.46 – $69.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.32B | $1.37B | $1.40B | $1.43B | $1.53B |
| Gross profit | $262.1M | $644.6M | $672.5M | $708.0M | $576.3M |
| Operating income | $382.9M | $349.7M | $373.1M | $415.9M | $517.9M |
| Net income | $262.5M | $284.6M | $314.2M | $367.0M | $386.5M |
| EPS (diluted) | $1.43 | $1.53 | $1.69 | $1.96 | $1.93 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $389.2M | $341.5M | $367.5M | $372.6M | $373.4M | $417.9M | $397.6M | $397.8M |
| Net income | $82.8M | $96.0M | $109.2M | $79.7M | $97.1M | $100.5M | $107.9M | $96.3M |
| EPS (diluted) | $0.42 | $0.48 | $0.57 | $0.42 | $0.50 | $0.44 | $0.54 | $0.48 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $509.0M | $475.8M | $548.0M | $596.7M | $571.1M |
| Capital expenditure | -$204.3M | -$249.3M | -$317.1M | -$241.3M | -$237.1M |
| Free cash flow | $304.8M | $226.5M | $230.9M | $355.4M | $334.1M |
| Dividends paid | -$275.7M | -$310.9M | -$342.6M | -$367.7M | -$405.0M |
| Net share buybacks | $142.5M | $31.1M | $2.0M | $319.2M | $1.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $35.6M
- Total assets
- $5.80B
- Total liabilities
- $3.98B
- Total debt
- $3.31B
- Net debt
- $3.28B
- Shareholders’ equity
- $1.76B
As of Jun 30, 2026 (filed Jul 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 25, 2026 | $0.54 | Oct 9, 2026 |
| Jun 26, 2026 | $0.54 | Jul 10, 2026 |
| Mar 27, 2026 | $0.54 | Apr 10, 2026 |
| Dec 26, 2025 | $0.52 | Jan 9, 2026 |
| Sep 26, 2025 | $0.52 | Oct 10, 2025 |
| Jun 27, 2025 | $0.52 | Jul 11, 2025 |
| Mar 28, 2025 | $0.52 | Apr 11, 2025 |
| Dec 27, 2024 | $0.48 | Jan 10, 2025 |
Short interest
- Shares sold short
- 9,254,009
- Days to cover
- 6.76
- Change vs previous report
- +5.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 16, 2019
- 2-for-1
- Jul 16, 2013
- 2-for-1
- Apr 25, 1994
- 2-for-1