Equity LifeStyle Properties

Equity LifeStyle Properties, Inc. is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations. The Property Operations segment owns and operates land lease properties. The Home Sales and Rentals Operations segment purchases, sells, and leases homes. The company was founded by James M. Hankins in December 1992 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q4 2022

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ELS reports robust 2022 results, eyes growth amid challenges

Equity LifeStyle Properties (ELS) delivered strong financial results in 2022, driven by robust performance in home sales and RV properties.
Despite challenges such as moderating rent increases and expense visibility, ELS remains focused on growth and operational efficiency.
Opportunities for margin improvement, strategic investments, and revenue growth position ELS for continued success in the future.
With a solid financial foundation and a proactive approach to challenges, ELS is poised for sustainable growth and value creation.

Equity LifeStyle Properties (ELS) reports strong Q1 results amidst challenges

ELS demonstrated robust performance in Q1 2023, leveraging high occupancy rates and strong demand for new homes and RV segments.
While facing challenges such as increased insurance premiums and weather impacts, ELS is proactively managing risks and seeking cost-saving opportunities.
Opportunities lie in cost moderation for insurance renewals, operational improvements in RV bookings, and long-term value creation through property enhancements.
Maintaining guidance for the full year indicates confidence in offsetting challenges with increased demand and strategic financial management.

ELS surpasses Q2 expectations, eyes growth amidst challenges and opportunities

Equity LifeStyle Properties (ELS) delivered strong financial results in Q2 2023, driven by growth in core segments and operational excellence. While facing challenges from disruptions and revenue uncertainties, the company is poised to capitalize on opportunities for growth and financial stability.

ELS reports robust Q3 performance, eyes growth amid challenges

ELS delivered strong Q3 results with high occupancy rates and successful marketing initiatives, positioning the company for continued growth.
Despite challenges like weather impacts and inventory limitations, ELS remains focused on leveraging opportunities for revenue growth and operational efficiency.
Management's strategic guidance and focus on customer engagement underscore ELS's commitment to financial stability and long-term value creation.

ELS reports robust Q4 performance, eyes growth in Sunbelt markets

Equity LifeStyle Properties (ELS) delivered a strong performance in Q4 2023, showcasing growth in key financial metrics and strategic positioning in high-demand markets. While facing challenges such as tax headwinds and limited transaction activity, ELS remains resilient and focused on leveraging opportunities in the Sunbelt and Florida markets.

Equity LifeStyle Properties (ELS) reports strong Q1 results and eyes growth opportunities in high-demand markets

Equity LifeStyle Properties (ELS) delivered strong Q1 2024 results with notable growth in Core NOI and new home sales.
Despite challenges in site development and construction cost pressures, ELS remains focused on high-quality destinations and customer engagement.
Opportunities lie in membership growth, revenue enhancement through price increases, and leveraging high demand for properties.
Overall, ELS maintains a positive outlook with a strong balance sheet and strategic focus on coastal and Sunbelt locations.

Equity LifeStyle Properties reports strong Q2 performance and growth outlook

Equity LifeStyle Properties (ELS) delivered robust financial results in Q2 2024, with increased NOI, raised FFO guidance, and strong property occupancy across its MH and RV portfolios.
The company's focus on customer satisfaction, cost management, and strategic growth initiatives underscores its resilience and potential for continued success in the real estate sector.
While facing challenges in expense control and operational efficiency, ELS remains well-positioned to capitalize on market opportunities, drive revenue growth, and enhance shareholder value.

Equity LifeStyle Properties posts robust Q3 results amidst hurricane challenges

Equity LifeStyle Properties (ELS) delivered strong Q3 results with growth in FFO and RV revenue despite challenges from Hurricane Milton. The company's strategic focus on digital marketing and setting rates for 2025 positions it well for future growth. Addressing concerns around displaced residents and insurance changes will be key moving forward.

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Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.64 per share a year ago.

Equity Lifestyle Properties (ELS) Q2 FFO Match Estimates

CHICAGO--(BUSINESS WIRE)--Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us,” and “our”) today announced results for the quarter and six months ended June 30, 2023. All per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data)           FINANCIAL RESULTS Q2 2023   Q2 2022   $ Change Total Revenues $ 370.0   $ 365.3   $ 4.7   Net Income available for Common Stockholders $ 62.9   $ 61.5   $ 1.4   Net Income.

ELS Reports Second Quarter Results

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Stick The Soft Landing

CHICAGO--(BUSINESS WIRE)--Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the “Company,” “we,” “us,” and “our”) announced today that the Company's second quarter 2023 earnings will be released on Monday, July 17, 2023 after market close. The Company's executive management team will host a conference call and audio webcast on Tuesday, July 18, 2023 at 11:00 a.m. Eastern Time to discuss the Company's operating and financial results. The live audio webcast and replay of the con.

Equity LifeStyle Properties, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call

Equity LifeStyle Properties owns high quality locations and has a demonstrated track record of growth. However, ELS's growth is slowing down due to lower transient stays and cost inflation. Although ELS maintains a strong balance sheet and pays a safe dividend, the shares appear to be expensive at present.

Equity LifeStyle: Wait For A Better Entry Point

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Equity LifeStyle Properties and Sun Communities are similar lifestyle-oriented REITs that have generally traded in-line with one another. In recent periods, however, the performance gap between the two has diverged more notably. While each have their strengths, the overall portfolio metrics and the sector outlook remain largely the same.

Equity LifeStyle And Sun Communities: Similar, But One Is A Buy

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CHICAGO--(BUSINESS WIRE)--Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as “we,” “us,” “our,” “Company,” and “ELS”) announced the passing of Samuel Zell, the Company's Chairman. Sam served as Chairman of our Board of Directors since March 1995 and as our Chief Executive Officer from March 1995 to August 1996. Sam was an entrepreneur and investor with a global perspective and is recognized as a founder of the modern real estate investment trust industry. In addition to his ser.

ELS Announces the Passing of Samuel Zell

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CHICAGO--(BUSINESS WIRE)--On April 25, 2023, the Board of Directors of Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as “we,” “us,” and “our”) declared a second quarter 2023 dividend of $0.4475 per common share, representing, on an annualized basis, a dividend of $1.79 per common share. The dividend will be paid on July 14, 2023 to stockholders of record at the close of business on June 30, 2023. This press release includes certain “forward-looking statements” within the mean.

ELS Declares Second Quarter 2023 Dividend

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Equity LifeStyle Properties Inc. (ELS) Q4 2022 Earnings Call Transcript

Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.74 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to FFO of $0.72 per share a year ago.

Equity Lifestyle Properties (ELS) Q1 FFO and Revenues Lag Estimates

News for Equity LifeStyle Properties Stock (ELS)