Equity LifeStyle Properties, Inc. (NYSE:ELS) Given Consensus Rating of “Buy” by Analysts
Fairness Life style Homes, Inc. (NYSE:ELS – Get Ranking) has received a consensus advice of “Buy” from the eight brokerages that are presently masking the business, MarketBeat.com experiences. A few analysts have rated the stock with a keep suggestion and five have specified a acquire recommendation to the organization. The average 12-thirty day period cost objective among the brokers that have covered the inventory in the past 12 months is $84.43.
ELS has been the issue of a quantity of study analyst reviews. Zacks Expense Analysis lifted Equity Lifestyle Houses from a “hold” rating to a “buy” ranking and established a $86.00 rate concentrate on for the organization in a study notice on Monday, January 31st. Citigroup decreased Fairness Life style Properties from a “buy” ranking to a “neutral” rating and set a $93.00 price tag aim for the organization. in a investigate report on Tuesday, December 14th. Ultimately, Royal Bank of Canada lowered their value aim on Equity Way of living Qualities from $85.00 to $82.00 and set a “sector perform” rating for the enterprise in a investigate report on Wednesday, January 26th.
NYSE:ELS opened at $72.69 on Friday. The agency has a marketplace cap of $13.52 billion, a PE ratio of 50.83, a price tag-to-earnings-advancement ratio of 4.65 and a beta of .64. Fairness Life-style Homes has a fifty-two week small of $61.99 and a fifty-two week higher of $88.70. The corporation has a debt-to-equity ratio of .43, a speedy ratio of .06 and a existing ratio of .06. The enterprise has a 50 working day relocating normal value of $76.29 and a 200-day relocating regular price of $81.07.
Equity Life-style Homes (NYSE:ELS – Get Score) previous declared its quarterly earnings effects on Monday, January 24th. The actual estate financial investment trust documented $.36 EPS for the quarter, topping analysts’ consensus estimates of $.33 by $.03. Equity Way of life Qualities experienced a return on equity of 19.44% and a internet margin of 20.64%. The corporation experienced revenue of $325.30 million through the quarter, in comparison to analyst estimates of $288.00 million. All through the exact same quarter very last calendar year, the organization posted $.57 earnings for every share. The firm’s income was up 19.6% on a calendar year-more than-calendar year basis. Investigation analysts forecast that Equity Lifestyle Attributes will write-up 2.74 EPS for the present-day calendar year.
The enterprise also not long ago declared a quarterly dividend, which will be compensated on Friday, April 8th. Stockholders of document on Friday, March 25th will be presented a $.41 dividend. This represents a $1.64 annualized dividend and a dividend produce of 2.26%. The ex-dividend date of this dividend is Thursday, March 24th. This is a beneficial modify from Equity Lifestyle Properties’s prior quarterly dividend of $.36. Equity Way of living Properties’s payout ratio is currently 101.40%.
Hedge cash have recently manufactured changes to their positions in the inventory. Values Very first Advisors Inc. acquired a new position in shares of Fairness Life style Homes in the fourth quarter worthy of close to $322,000. Norges Financial institution bought a new position in shares of Equity Life style Houses in the fourth quarter worth around $287,372,000. JustInvest LLC lifted its stake in shares of Equity Life style Attributes by 24.% in the fourth quarter. JustInvest LLC now owns 8,674 shares of the serious estate investment trust’s stock worth $760,000 following shopping for an additional 1,681 shares in the previous quarter. BlackRock Inc. lifted its stake in shares of Fairness Life-style Houses by 4.% in the fourth quarter. BlackRock Inc. now owns 14,515,744 shares of the authentic estate financial investment trust’s inventory worth $1,272,449,000 after buying an additional 553,865 shares in the very last quarter. Last but not least, Mystic Asset Management Inc. purchased a new situation in shares of Fairness Life-style Properties in the fourth quarter truly worth somewhere around $118,000. 90.17% of the inventory is at this time owned by institutional buyers.
About Fairness Life style Qualities (Get Ranking)
Equity Way of living Properties, Inc is a true estate investment decision rely on, which engages in the ownership and procedure of way of life-oriented properties consisting mostly of made dwelling, and recreational automobile communities. It operates via the following segments: Home Functions and House Income and Rentals Operations.
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