Equity Lifestyle Pptys Inc Stock Price, News & Analysis

Equity LifeStyle Properties (NYSE:ELS) has announced its second quarter 2025 dividend of $0.515 per common share, equating to an annualized dividend of $2.06. The dividend will be paid on July 11, 2025, to stockholders of record as of June 27, 2025.

As of April 21, 2025, ELS operates as a self-administered real estate investment trust headquartered in Chicago, managing a portfolio of 455 lifestyle-oriented properties across the United States with 173,340 sites. The company's forward-looking considerations include factors such as site usage mix, yield management, rate increases, membership retention, and inflation management.

Key business aspects include:

• Short-term resort and marina site management
• Community and resort rate adjustments
• Membership subscription pricing
• Property development and acquisition integration
• Supply chain and labor market management

Equity LifeStyle Properties announced key leadership changes, naming Marguerite Nader as Vice Chairman while maintaining her CEO position, and promoting Patrick Waite to President while keeping his COO role, effective immediately.

Waite brings extensive industry experience, having served as Executive VP and COO since 2015. His background includes senior positions at American Residential Communities and Riverside Communities. He previously co-founded Continental Communities and served as ELS's Director of Acquisitions from 1993 to 1997.

The company, headquartered in Chicago, operates as a real estate investment trust managing 455 lifestyle-oriented properties across the United States, encompassing 173,340 sites as of April 21, 2025. Board Chairman Thomas Heneghan emphasized the depth of experience within ELS's leadership team, highlighting their success in delivering REIT-leading results and building a strong corporate culture.

Equity LifeStyle Properties (NYSE: ELS) has released its Q1 2025 financial results, showing mixed performance. Normalized FFO per share reached $0.83, a 6.7% increase from Q1 2024, meeting the midpoint of previous guidance ($0.80-$0.86). However, net income per share decreased 3% to $0.57.

Core operations showed positive trends with property operating revenues up 2.9% and expenses increasing 1.5%. Core MH base rental income grew 5.5%, driven by 5.7% rate increases despite 0.2% occupancy decline due to storm damage in Florida communities. The company sold 117 new homes at an average price of $81,000.

Looking ahead, ELS provided 2025 guidance with full-year Normalized FFO projected at $3.01-$3.11 per share. The company successfully renewed its property insurance with a 6.1% premium decrease. Core portfolio guidance suggests continued growth with MH base rental income expected to increase 4.8-5.8% for the full year.

Equity LifeStyle Properties (NYSE:ELS) has scheduled its first quarter 2025 earnings release for Monday, April 21, 2025, after market close. The company will host a conference call and audio webcast on Tuesday, April 22, 2025, at 11:00 a.m. Eastern Time to discuss operating and financial results.

As of January 27, 2025, ELS operates as a self-administered, self-managed real estate investment trust headquartered in Chicago, managing 452 properties with 173,201 sites predominantly in the United States. Research analysts and interested parties must pre-register through a provided link at least fifteen minutes before the call to receive dial-in details.

Equity LifeStyle Properties (NYSE: ELS) has announced its participation in the Citi 2025 Global Property CEO Conference. The company's executive management team, led by President and CEO Marguerite Nader, will engage in a roundtable discussion and Q&A session on March 3, 2025, at 3:35 PM Eastern Time.

ELS is a self-administered, self-managed real estate investment trust headquartered in Chicago. The company owns or has interests in 452 properties across the United States, encompassing 173,201 sites as of January 27, 2025. The event will be broadcast live via webcast, accessible through the Investor Relations section of the company's website.

Equity LifeStyle Properties (NYSE:ELS) has announced its first quarter 2025 dividend declaration. The company's Board of Directors has approved a dividend of $0.515 per common share, which translates to an annualized dividend of $2.06 per common share. The dividend will be distributed on April 11, 2025, to shareholders who are recorded as stockholders as of the close of business on March 28, 2025.

Equity LifeStyle Properties (ELS) has released its Q4 and full-year 2024 financial results, showing continued growth. The company reported Q4 2024 net income per share of $0.50, up 1.9% from $0.49 in Q4 2023. Normalized FFO per share increased 6.9% to $0.76 from $0.71 year-over-year.

For the full year 2024, net income per share reached $1.96, marking a significant 16% increase from $1.69 in 2023. The annual FFO per share grew 9.5% to $3.03, while Normalized FFO per share rose 5.9% to $2.91.

In a notable development, the Board of Directors has approved an increased annual dividend rate for 2025 at $2.06 per share, representing a 7.9% increase from the 2024 rate of $1.91.

Equity LifeStyle Properties (NYSE: ELS) has released details about the tax treatment of its 2024 common stock distributions. The company distributed a total of $1.91 per share throughout 2024, with quarterly payments of $0.4775 per share. Of the total distribution, $1.800728 per share qualified as ordinary taxable dividends and REIT dividends under IRC §199A, while $0.109272 per share was classified as nondividend distribution.

As of October 21, 2024, ELS owned or had interests in 452 properties across the United States, comprising 172,870 sites. The company operates as a self-administered, self-managed REIT headquartered in Chicago.

Equity LifeStyle Properties (NYSE:ELS) has scheduled its fourth quarter 2024 earnings release for Monday, January 27, 2025, after market close. The company will host a conference call and audio webcast the following day, Tuesday, January 28, 2025, at 11:00 a.m. Eastern Time, where executive management will discuss operating and financial results.

Research analysts and interested parties can participate in the conference call by registering through a provided link at least fifteen minutes before the scheduled start time. Both the live audio webcast and replay will be accessible through the Investor Relations section of the company's website.