Equity LifeStyle Properties Inc — Financial Overview, Stock Price, Market Cap

Financial Performance

5Y price score: (19)

10Y return: 106.4%

DATE RANGE:

US$ Per
Share

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58.1

52-week range

69.0

61.82

Your model inputs

Required return / cost of capital

FCFF terminal growth rate

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

2.7 %

Dividend Yield TTM

3.4 %

Market cap $

$ 11,989

Price / Earnings TTM

32.5

Price / Book TTM

6.8

PEG TTM

(21.3)

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

1 %

(3.5) %

106.4 %

Free cash flow per share growth

(7.6) %

28.8 %

8.9 %

Earnings per share growth

(1.5) %

63.6 %

150.6 %

Founded: 1,992

Employees: 1,347

Business Summary:equity lifestyle properties, inc. owns and operates the highest quality portfolio of resort communities in the united states. we have a controlling interest in over 300 quality resorts in 28 states and british columbia with over 110,000 sites. our goal is to create value for residents and investors by providing consistently high levels of services and amenities in attractive surroundings. our high standards have been recognized with several "community of the year" awards for the outstanding quality of our communities and the professionalism of our management. equity lifestyle properties is a real estate investment trust (reit) traded on the new york stock exchange under the symbol "els." our size, national scope and status as a publicly traded company afford us benefits unavailable to smaller, private owners. we have access to capital that allows us to grow, and to expand and upgrade existing communities. we are able to streamline our management operations, owning multiple communitie

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2025 Q4 (Jan 29, 2026)

1) Strategy & Leadership
- Marguerite Nader, CEO, highlighted strong core operations and FFO growth, with a 4.8% increase in NOI and a 5% rise in normalized FFO per share for 2025.
- The company focuses on community-building, with over 90% of revenue coming from annual rental streams, appealing to residents seeking active lifestyles.
- ELS has a consistent investment strategy in its communities, enhancing quality and resident retention.
- The company anticipates continued demand driven by demographic trends, with 10,000 baby boomers turning 65 daily.

2) Financial & Segment Results
- Q4 normalized FFO was $0.79 per share; full-year normalized FFO was $3.06 per share, reflecting 4.25% growth year-over-year.
- Core community-based rental income increased by 5.5% for 2025, while core RV and marina annual base rental income rose by 4.1%.
- The membership business contributed $65.6 million net for the year, with approximately 5,900 upgraded memberships enrolled.
- Full-year 2026 guidance for normalized FFO is $3.17 per share, with core property operating income growth projected at 5.6%.

3) Operational Plans & Challenges
- The RV portfolio added over 500 annual customers in the last six months, with long-term stays providing stable revenue.
- Seasonal and transient RV revenues are expected to improve, with early booking trends showing positive signs despite a 13% decline in the first quarter compared to the previous year.
- Repairs on three marinas affected by storm damage are ongoing, with completion expected in late 2026.
- The company is managing operational expenses effectively, with a 1% increase in core property operating expenses for 2025.

4) Guidance & Outlook
- For 2026, ELS expects normalized FFO growth of 3.7% and a 5.3% increase in the annual dividend rate to $2.17 per share.
- Core MH rent growth is projected between 5.1% to 6.1%, while combined RV and marina rent growth is anticipated at 2.4% to 3.4%.
- The company has approximately $100 million in discretionary capital available after meeting obligations, focusing on inventory growth and community expansions.
- Interest expense is projected between $133.3 million and $139.3 million for the year.

5) Investor Angle & Missing Information
- The company remains focused on internal growth and operational expansions, with limited acquisition opportunities due to fragmented ownership in the market.
- There was no specific mention of HUD pilot programs or new affordable housing initiatives that ELS might participate in.
- The Q&A session indicated some uncertainty regarding the impact of Canadian customers on revenue, with no significant changes in home sales noted.

Bottom line: ELS demonstrates strong operational resilience and growth potential, with a solid dividend increase and positive outlook for 2026, driven by demographic trends and community engagement, making it an attractive option for shareholders.