Previous close | 62.70 |
Open | 62.71 |
Bid | 61.66 x 900 |
Ask | 61.68 x 800 |
Day's range | 61.65 - 63.46 |
52-week range | 60.47 - 74.04 |
Volume | |
Avg. volume | 1,327,009 |
Market cap | 12.104B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 36.62 |
EPS (TTM) | 1.69 |
Earnings date | 23 Apr 2024 |
Forward dividend & yield | 1.91 (3.05%) |
Ex-dividend date | 27 Mar 2024 |
1y target est | 70.93 |
Given the recent talk about higher interest rates being a headwind for real estate investment trusts (REITs), investors might anticipate that first-quarter operating results could be lackluster or subpar. However, many initial REIT earnings reports are much better than expected, with several REITs beating the analyst estimates on funds from operations (FFO) or adjusted funds from operations (AFFO). Occupancy levels are still high and full-year 2024 FFO guidance looks sound. Take a look at three
Equity Lifestyle Properties (ELS) delivered FFO and revenue surprises of 1.30% and 0.75%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, April 22, 2024--Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") today announced results for the quarter ended March 31, 2024. All per share results are reported on a fully diluted basis unless otherwise noted.